The Two-Way
2:06 pm
Tue August 9, 2011

Mysterious Orange Goo ID'ed As Eggs; Alaskan Village Still Worries

Scientists say the microscopic eggs, seen here under magnification, derive their orange color from a droplet of fat.
NOAA

A mysterious orange goo that appeared on the shore of a small village in Alaska has been identified as "millions of microscopic eggs filled with fatty droplets," the AP reports. But researchers say they still don't know what the eggs might hatch, or if they are toxic.

The mass of eggs began appearing last week, surprising even longtime residents of the village of Kivalina. Discovery News, which spoke with a town official, describes the goo:

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Business
1:55 pm
Tue August 9, 2011

Truck Industry Welcomes New Fuel Regulations

The Obama administration announced Tuesday the first ever fuel efficiency standards for larger trucks and buses. New vehicles sold in 2018 will go up to 20 percent farther on a gallon of fuel. So far, the truck manufacturing industry is welcoming the rules.

Outside the White House today, the heavyweights of the truck manufacturing industry took the microphone one after another.

"We're happy to be part of this. We really appreciate the process," says Denny Slagle, CEO of Mack Trucks.

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The Two-Way
1:53 pm
Tue August 9, 2011

Former Treasury Secretary Says Market Ails Are Europe's Fault

As the closing bell approaches, after another dramatic day on Wall Street, Henry M. Paulson, the Treasury secretary under President George W. Bush told The New York Times that what's happening now in the markets is reminiscent of 2008. That's when the market tanked as Lehman Brothers was allowed to go bankrupt.

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Shots - Health Blog
1:52 pm
Tue August 9, 2011

Test a Mother's Blood To Learn Her Baby's Sex Early On

A new fetal DNA test to determine a baby's gender could be more accurate and faster than an ultrasound, researchers say.
André Panneton iStockphoto.com

Boy or girl? Expectant parents are often dying to know. Some mothers are even trying to influence it with their diet. But the tests used to determine a baby's sex before birth leave a lot to be desired.

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Economy
1:04 pm
Tue August 9, 2011

Foreigners Still Consider The U.S. A Good Buy

Despite the debt downgrade and recent upheavals in the stock market, foreign investors still consider the United States a good place to put their money for the long haul.

Forget China, India and Brazil. The U.S. still attracts easily the most foreign direct investment – purchases of companies and property, as opposed to stock holdings or government bonds – of any nation in the world.

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Europe
1:00 pm
Tue August 9, 2011

Londoners Press Leaders For Action Amid Violence

London's mayor, Boris Johnson, faced hostile questioning from local residents when he visited a riot-hit area of the city Tuesday. They wanted to know why the police had been unable to prevent gangs of youths burning and looting the area on Monday night. Meanwhile, Londoners armed with brooms and shovels started to clean up their city.

Economy
1:00 pm
Tue August 9, 2011

Fed Sticks With Record Low Interest Rates

The Federal Reserve Board of Governors met Tuesday and announced that interest rates will likely remain at record lows for two more years. The action by the Fed was aimed at calming nervous investors.

Economy
1:00 pm
Tue August 9, 2011

Markets Volatile As Fed Makes Announcement

Domestic and foreign markets are still reacting to Standard & Poor's downgrade of the U.S. debt. And now states and cities are seeing their risk assessments lowered.

U.S.
1:00 pm
Tue August 9, 2011

Fallen Troops Arrive In Dover, Attended By Obama

President Obama added a trip to Dover Air Force Base to his schedule Tuesday. He was on hand — with top military leaders — for the return of the remains of U.S. military personnel killed in a helicopter crash in Afghanistan.

The Two-Way
12:59 pm
Tue August 9, 2011

Aid Boosted To Somalia; U.S. Mogadishu Vet Says He Would Return

Some 800 metric tons of food are on the way to East Africa, where more than 12 million people are suffering from a severe drought. The U.N. World Food Program is using nine airlifts to send high-energy biscuits to Kenya, where it will be distributed to famine victims.

The shipment is expected to be enough to feed 1.6 million people for one day. The United Nations says that 640,000 children in the Horn of Africa region are at risk of acute malnutrition.

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