"A massive dock" that was washed away from a city on Japan's northeast coast by the devastating March 2011 tsunami landed this week on an Oregon beach. It's a warning sign that dangerous chunks of debris from that disaster are reaching the Pacific coast of the mainland U.S. much sooner than predicted, The Oregonian reports.
But in yet another mixed signal about how the economy's doing, that welcome dip is tempered by the fact that the "4-week moving average was 377,750, an increase of 1,750 from the previous week's revised average of 376,000." Economists watch that average because it offers a slightly larger look at the trend.
Following up on one of the best rallies in months on Wednesday, stock index futures are pointing to a higher start today on Wall Street, Dow Jones Newswires says.
The Associated Press says there are "hopes that Europe is preparing to take action to tackle the region's financial crisis and that the Federal Reserve will consider additional support for the U.S. economy."
Two former House speakers in Pennsylvania are proving politics doesn't have to be partisan. Democrat Bill DeWeese was convicted on corruption charges and began serving time at a prison near Harrisburg. He was approached by his former legislative rival, Republican John Perzel to room together.
With reports coming out of Syria about another massacre, Secretary of State Hillary Rodham Clinton today used some of her sternest language yet about what she said is the Assad regime's "unconscionable" crackdown on the Syrian people. Reuters reports she said President Bashar Assad must cede all power and leave Syria.
NPR's business news starts with NASDAQ compensating clients.
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MONTAGNE: The NASDAQ stock exchange will pay $40 million in compensation for botched trades that occurred during Facebook's initial public offering. NASDAQ clients lost millions of dollars on Facebook's May IPO because of computer glitches. The opening trade was delayed by more than half an hour, and many investors were unsure if their trades had gone through.