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  • Along with the news about the Gen. David Petreus scandal, we've been hearing about lavish social events given in the Tampa, Fla., area. A lot of military brass from MacDill Air Force Base, where U.S. Central Command is headquartered, go to these events. Linda Wertheimer talks to Ben Montgomery, a reporter with the Tampa Bay Times, about how the scandal is playing out around Tampa.
  • Famous for processed treats like Twinkies, Hostess Brands says it will go into liquidation if striking bakers don't return to work Thursday. Analysts say the company's most iconic brands would likely be bought by other companies.
  • Eleven people were killed and one of the largest environmental disasters in history happened after an oil rig in the Gulf of Mexico exploded in 2010.
  • The French Senate approved a measure tripling the tax on palm oil and other vegetable oils. It would sharply raise the cost of making Nutella, a popular chocolate and hazelnut spread. It's meant to cut down on obesity but the tax has prompted an outcry from Nutella lovers.
  • With possession of small amounts of pot about to be decriminalized in Washington State, Seattle's finest went to the Web to explain what's going to happen. Bilbo and Gandalf from Lord of the Rings help set the cool mood.
  • Come Friday, states will have to decide whether they will run their own insurance exchanges under President Obama's sweeping health law. We had a rapid-fire chat about the exchanges on Twitter.
  • In a marriage of social media and warfare, Israel announced its military operation in the Gaza Strip via Twitter. Shortly afterward, Israel released video footage of a deadly air strike. Hamas, meanwhile, has been commenting on its rocket attacks against Israel.
  • The bulk will go to the National Fish & Wildlife Foundation, the National Academy of Sciences and at Coast Guard trust fund. The foundation focuses on wildlife conservation and the academy advises the government on science and technology.
  • President Obama held his first news conference Wednesday since winning re-election. He addressed the scandal involving former CIA chief David Petraeus, as well as the "fiscal cliff." Host Michel Martin discusses this week's political news with Andrea Seabrook, host of Decode D.C., and Keli Goff, political correspondent for The Root.
  • Service members are known for their discipline and their ability to stay cool under fire. Veteran and financial planner Steve Repak says those skills are crucial to managing everyday finances. He speaks with host Michel Martin about his book, Dollars and Uncommon Sense: Basic Training for Your Money.
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