JOHANNESBURG (AP) — President Barack Obama is heading back to Washington from South Africa, where he urged the world today to emulate a man he called "the last great liberator of the 20th century." Obama delivered a eulogy for Nelson Mandela at a memorial service where South Africans celebrated Mandela's life with singing and dancing. Obama said, "We will never see the likes of Nelson Mandela again," but he told young people around the world, "you can make his life's work your own."
RENO, Nev. (AP) — They'd been missing in the frigid mountains of northern Nevada since Sunday -- but the two adults and four children who were found today are said to be in good condition. A sheriff's official says a member of the public who'd been taking part in the ground search had located them. Aircraft had also been involved in the search for James Glanton, his girlfriend Christina McIntee, and the four children -- two of their own and a niece and nephew.
NEW YORK (AP) — Stock prices are lower on Wall Street as the market takes a pause after hitting its latest record high. The Dow Jones industrial average lost 52 points. The S&P 500 gave up five points to finish just below yesterday's all-time high. The Nasdaq composite fell eight points. Morgan Stanley and Goldman Sachs rose after investors got some clarity on new banking rules. Federal regulators voted to approve the so-called Volcker Rule, which bars banks from betting on the market with their own money.
WASHINGTON (AP) — The man who's been nominated to head the Internal Revenue Service is telling senators that he will work to restore public trust in the agency. The nomination of John Koskinen (KAHS'-kihn-ihn) came in the wake of the scandal over the targeting of conservative groups for extra scrutiny when they applied for tax-exempt status. Speaking to a Senate panel today, Koskinen also warned that the ability of the IRS to collect revenue and enforce the nation's tax laws is being threatened by budget cuts.
WASHINGTON (AP) — A former chief of staff to Bill Clinton is heading back to the White House. John Podesta is going to join President Barack Obama's inner circle for one year as a counselor focusing on energy and climate change issues. A spokesman notes that in his past White House role, Podesta focused on policies that could be enacted through executive actions, rather than through legislation -- an approach that is also favored by Obama.