U.S. special operations forces have captured one of the men suspected of playing a key role in the 2012 terror attack in Benghazi. Ahmed Abu Khatallah has been associated with one of the militias involved in the attack that killed four Americans. Currently being held outside Libya, he will face trial in a U.S. federal court.
Apple has reached an out-of-court settlement with states' attorneys general and a number of other complainants over e-book price fixing. Apple had been facing some $800 million in damages.
Philadelphia's school district once again needs tens of millions of dollars to avoid layoffs. With just a few weeks left before the district approves a new budget, school leaders are asking the city, the state and labor unions for help filling a $96 million budget hole.
In Kenya, two recent terror attacks have killed more than 60 people. The Islamist militant group al-Shabab is claiming responsibility, but the Kenyan president is laying blame with local leaders. Kate Linthicum of The Los Angeles Times is in Nairobi, and she offers more details on the attacks and the aftermath.
Deborah Amos, author of Eclipse of the Sunnis, talks about the extremist vision for establishing a new Sunni caliphate, as well as what it might look like if a group like ISIS managed to do so.
Sectarian violence continues to escalate in Iraq. The militant group ISIS is maintaining its gains in the northern regions, and suspected Shiite reprisals have dozens in the city of Baaqouba.
Scientists have evidence that beats in the brain — in the form of rhythmic electrical pulses — are involved in everything from memory to motion. And music can help when those rhythms go wrong.
President Obama nominated George Tsunis to the post of ambassador to Norway. But after a cringe-worthy confirmation hearing, Norwegian-Americans are aiming to block him as unqualified for the post.
The NCTQ study is the second in two years that argues that schools of education are in disarray.
Since beef prices are going up, food processors are once again looking to cheap "lean finely-textured beef." But this time, they're preparing for consumers' concerns about the so-called pink slime.
The Florida International University poll, conducted since 1991, also showed a large majority want to reestablish diplomatic ties with the island.
As if confidence in China’s cooling economy wasn’t bad enough, big foreign banks are now worried they’ve fallen victim to an elaborate commodities scam.
When a U.S. bank decides on whether to give you a business loan, it looks at things like profitability and future cash flow. In China, banks focus on one thing: collateral.
"So that means you have something valuable and you give it to the bank provisionally, and they can take it if you don’t pay back your loan," says J-Capital’s Anne Stevenson-Yang.
Chinese companies often use things like copper or aluminum as collateral. It’s helped secure $160 billion worth of loans in the past few years. But in the Chinese port of Qingdao recently: a discovery of commodities-backed loan shenanigans.
"People found out that the same batch of copper had been taken to more than one bank to take out a loan," says Sijin Chen, commodities analyst for Barclays.
Chen says China’s government has tried to clean up this practice in the past, but "these government-driven initiatives are never going to be successful if the banks don’t think it’s a risky business."
They do now.
Foreign banks like Standard Chartered and Citigroup have sent their people to Qingdao to see if these warehouses of copper actually exist. So far, the government is too busy with an investigation to let them check. Stevenson-Yang says this fake-commodities scam is just the latest problem for China’s economy.
"China is deflating and everybody’s running around trying to make their particular asset valuable or shore up their particular loan, but the fact is it’s like taking your kickboard and holding it up against a tsunami."
Her message to foreign banks in China: You’re going to need more than a kickboard.
A section of the main conduit for Russian natural gas going to Europe exploded and caught fire on Tuesday, a day after Moscow and Kiev failed to reach a deal on gas payments.
General Motors has announced yet another recall, this time for 3.4 million vehicles with a defect in the cars' ignition switches. According to the company, the keys can come out of postion if they carry too much weight.
The seemingly small defect could have deadly consequences for affected drivers. A statement from GM said the ignition switches could switch out of the "run" position if the key has excess weight and the car "experiences some jarring event," like hitting a pothole. In that circumstance, the vehicle's engine would shut off, potentially disabling power steering and causing drivers to lose control. To top it all off, the defect could also disable the vehicle's airbags.
GM says it will fix the issue, which covers seven models from years ranging between 2000 and 2014, by issuing new keys that are resistent to the problem.
But really, how many car keys are too many? Do you have some unsusually large or heavy keyrings of your own? Maybe you make up for your lack of a key collection with some creative fobs?
Show us or tell us about your keychain by tweeting a pic to @Marketplace or commenting below.
Here are some of the responses we recieved on Twitter:[View the story "Show us your keys" on Storify]
From the Marketplace Datebook, here's a look at what's coming up Wednesday, June 18:
In Washington, a Senate Committee discusses "Aggressive E-Cigarette Marketing and Potential Consequences for Youth."
The Federal Reserve wraps up a two-day meeting on interest rates.
FedEx releases quarterly earnings.
A House subcommittee on Aviation holds a hearing on "Airport Financing and Development."
And it's a celebration of tinkerers and their cutting edge tools. Makers, innovators, and entrepreneurs of all ages are at the White House for its first-ever Maker Faire.
From ruby red tuna to turquoise lingcod, the fish we eat can span the color spectrum. Flesh color can also tell us something about where a fish came from, its swimming routine and what it ate.
House Republicans are demanding to know what happened to missing emails belonging to Lois Lerner, the IRS official at the heart of the Tea Party targeting controversy.
The health law requires insurers to disclose price increases of 10 percent or more, but states have widely varying powers to regulate those hikes.
It is one of the most common inherited blood disorders in the U.S., and most people who have it are African-American. Host Michel Martin learns more from pediatrician Dr. Leslie Walker.
As couples get married this summer, financial and relationship experts say they should talk about money before the big day. Host Michel Martin learns more about making your finances live happily ever.