When a private firm failed to meet its promise of providing enough guards for the Olympics, the British military was called in to "mind the gap" in security.
But even though the government is bringing in those troops — as well as RAF Typhoon combat jets, surface-to-air missiles on rooftops, and an aircraft carrier on the River Thames — organizers say it will still look like the Summer Games, and not war games.
Attendees of Apple's 2012 World Wide Developers Conference look at the new MacBook Pro with Retina display.
Credit Justin Sullivan / Getty Images
Hundreds of people line up outside an Apple store in Chicago to buy the iPhone 4 in 2010. Apple had removed its products from EPEAT's registry of environmentally friendly electronic devices but later reversed course.
It's not often that one of the world's biggest companies says, "We goofed."
But in a surprising turn of events Friday, Apple admitted it made a mistake in pulling out of an environmental rating system for computers and other electronics. The company said it would rejoin the so-called EPEAT certification system, placing all 39 of its originally certified products back on the list. The company is also requesting certification for more products, including its new MacBook Pro model.
Visa and Mastercard have announced that they will pay retailers more than $6 billion to settle several class-action and individual lawsuits retailers have filed since 2005.
According to a Wall Street Journal story from earlier this month, the settlement stems from complaints that Visa and MasterCard, the largest card-payments networks in the world, prohibited retailers from imposing surcharges to customers using those credit cards.
As the financial crisis began to unfold in 2007, the New York Federal Reserve learned that some banks might have intentionally underestimated the rates they expected to pay for loans from other banks.
Documents the New York Fed released Friday, in response to a request from Congress, show that the banking regulator began to be concerned about the accuracy of LIBOR — or the London Interbank Offered Rate — late in 2007.
This week, one of the biggest coal mining companies in Central Appalachia, Patriot Coal, filed for bankruptcy protection. Over the past three months, a wave of layoffs has hit coal country hard, and this past month, the share of all U.S. electricity generated from coal hit its lowest level since the 1940s. Our colleague Guy Raz visited Webster County in the middle of West Virginia to find out what's killing King Coal.
David Rowell is an editor with The Washington Post. His first novel, The Train of Small Mercies, is just out in paperback.
When I was growing up in North Carolina, my family went to the same beach every year; it had the sand, the water and pretty much nothing else. Mostly that was OK, but the idea of a boardwalk, which I caught glimpses of on TV or in movies, seemed wondrous to me — like a carnival rolled out from a wooden carpet.