AP - Newt Gingrich has staked his presidential bid on one idea: that he is best positioned to defeat President Barack Obama. Even some of his supporters seem to be struggling to buy the former House speaker's claim, an indication that chief rival Mitt Romney's efforts to undercut him may be working.
AP - Economist Nouriel Roubini, nicknamed "Dr. Doom" for his gloomy predictions in the run-up to the financial meltdown four years ago, says the fallout from that crisis could last the rest of this decade.
Subpoenas issued to financial firms in expanded probe
(Reuters)
Reuters - The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric Holder said on Friday.
Despair, crackdowns breed more violence in Tibet
(AP)
AP - A young man posts his photo with a leaflet demanding freedom for Tibet and telling Chinese police, come and get me. Protesters rise up to defend him, and demonstrations break out in two other Tibetan areas of western China to support the same cause.
Fitch cuts Italy, Spain, other euro zone ratings
(Reuters)
Reuters - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years.
Apple not turning "blind eye" to supply chain problems: CEO
(Reuters)
Reuters - Apple Inc has never turned "a blind eye" to the problems in its supply chain and any suggestion it does not care about the plight of workers is "patently false," Apple Chief Executive Tim Cook said in an email to employees.