Originally published on Tue April 24, 2012 10:17 am
"Broadly-speaking, home prices continued to decline in the early months of the year," according to economist David Blitzer, chairman of the Index Committee at S&P Indices.
A video grab from pooled footage taken inside the Leveson Inquiry shows former News International executive chairman James Murdoch giving evidence at the High Court in London earlier today.
Half-way through today's hearing in London into the Murdoch family's "scandal-tarred British newspaper unit," and the ethics of British media outlets, the inquiry's focus has shifted, NPR's Philip Reeves reports.
"A member of the U.S. military assigned to the White House Communications Agency is under investigation in connection with alleged misconduct in Colombia, bringing to 12 the total number of military personnel being reviewed," CNN reports.
Originally published on Tue April 24, 2012 7:53 am
On Monday, Disney announced the first of six planned Starbucks locations is scheduled to open at Disney California Adventure park in June. More locations are planned at Disneyland park and Walt Disney World Resort in Florida.
A Canadian cow has made the record book for most milk produced in a lifetime. The Ottawa Citizen reports the cow has produced more than 57,000 gallons. That's more than six times the average.
Let's follow up now on the situation in Bahrain. The country managed to stage its annual Grand Prix last weekend, which was, as we've reported, taken as a success for a government under intense pressure from protests. But at least one person was found dead after security forces clashed with demonstrators. This morning we've reached John Timoney. He's one of the best-known cops in America, former chief of Philadelphia and Miami, and now advising Bahrain's ministry of interior.
Nothing about what happens during today's Republican presidential primaries in five states is expected to change the fact that Mitt Romney is the presumptive/expected/presumed/inevitable (pick your favorite word) nominee.
Polls are open in Connecticut, Delaware, New York, Pennsylvania and Rhode Island. There are 209 convention delegates at stake and Romney could pull off a five-state sweep.
General Motors is making a bigger effort in what's become the world's biggest car market. At the Beijing Auto Show this week, GM said it plans to open 600 new dealerships in China this year. GM is trying to grow Chinese sales while they still can.
And let's turn now to the first political leader to be put on trial for his role in the global banking crisis. Yesterday, a special court in Iceland found that country's former prime minister guilty of essentially mishandling the banking bubble that led to Iceland's financial collapse.
Michael Stothard has been covering this trial for The Financial Times. He joined us to talk more about it. Good morning.
