Saturday, July 14, 2012

10 Things to Know for Friday

Former FBI director Louis Freeh speaks about the Freeh Report during a news conference, Thursday, July 12, 2012, in Philadelphia. Freeh says the most "saddening and sobering" finding from his group's report into the Jerry Sandusky child sex scandal is Penn State senior leaders' "total disregard" for the safety and welfare of the ex-coach's child victims. (AP Photo/Matt Rourke)

Former FBI director Louis Freeh speaks about the Freeh Report during a news conference, Thursday, July 12, 2012, in Philadelphia. Freeh says the most "saddening and sobering" finding from his group's report into the Jerry Sandusky child sex scandal is Penn State senior leaders' "total disregard" for the safety and welfare of the ex-coach's child victims. (AP Photo/Matt Rourke)

In this photo taken on June 18, 2012, student Carlos looks through a microscope during a science lab class at Benalcazar High School in Quito, Ecuador. Carlos is one of the participants in a new program that aspires to convert this South American nation into a global competitor. In exchange for each state-paid year of school, the professionals guarantee to work at least two years back at home. Ecuador's President Rafael Correa isn't just bent on staunching brain drain, in which top-flight talent flees developing countries for lack of local opportunity. He's determined to reverse it, create a brain gain. (AP Photo/Dolores Ochoa) (AP Photo/Dolores Ochoa)

Anthony Davis (14) of the USA Basketball Men's National Team celebrates after hitting a three pointer and getting fouled against the Dominican Republic at the Thomas and Mack Center in Las Vegas on July 12, 2012. (AP Photo/Las Vegas Review-Journal, Jason Bean)

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today (all times EDT):

1. WHY JPMORGAN CHASE'S CEO HAS A LOT TO EXPLAIN

At 7:30 a.m., Jamie Dimon will appear before Wall Street analysts to apprise them of the bank's multibillion-dollar trading loss and what he's doing to prevent it from happening again.

2. OBAMA HEADS TO VIRGINIA BEACH TO CAMPAIGN

At 12:55 p.m., the president tries to shore up support for his re-election in Virginia, a state he won four years ago and ended decades of domination by Republican presidential candidates.

3. REPORT ON ABUSE SCANDAL TARNISHES PATERNO LEGACY

A report that claims the legendary Penn State football coach concealed what he knew about Sandusky's sexual abuse of children may prove to be an indelible stain. But some students feel the late coach got a raw deal from former FBI Director Louis Freeh.

4. ELECTION ROLLS YOU DON'T WANT TO BE ON

Residents and election administrators around the country report a series of bizarre and questionable mailings addressed to animals, dead people, noncitizens and people already registered to vote.

5. SHHH! ... SAUDIS MUM ON FEMALE OLYMPIANS

Word that Saudi Arabia is sending women athletes to the Olympics for the first time rocketed to the top of websites and broadcasts. In Saudi Arabia's official media: Not even a hint.

6. AUTISTIC MAN SURVIVES THREE-WEEK ORDEAL IN DESERT

The 28-year-old from Colorado is found emaciated but alive after living off mainly frogs and roots while wandering lost in the remote Escalante Desert of southern Utah, authorities say.

7. ECUADOR'S UNIQUE INVESTMENT IN EDUCATION

The government is offering $250,000 scholarships to students accepted at the world's top 50 universities. The trade off? Return home and devote two years to government service for each year of state-paid education.

8. WHY "AMERICAN IDOL" IS ON THE BRINK OF AN ADOLESCENT CRISIS

Steven Tyler is leaving, Jennifer Lopez is dithering about staying, and the TV talent contest field keeps getting more crowded and competitive as the Fox show's ratings slide.

9. WHEN YOU CAN BID ON AMERICAN GANGSTER PARAPHERNALIA

The guns that 1930s outlaws and lovers Bonnie Parker and Clyde Barrow were carrying when they were ambushed by law enforcement agents are going up for auction Sept. 30.

10. CLIPPERS STAR OUT OF OLYMPICS

Blake Griffin will have surgery to repair torn cartilage in his left knee and the U.S. forward will miss the London Games. New Orleans Hornets rookie Anthony Davis may replace him.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-07-13-10%20Things%20to%20Know-Friday/id-28b48c225e4b404192b64243130d8731

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