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  • A new report from the Government Accountability Office finds serious shortcomings in how the Iraq war is being handled, and estimates the costs at about $3 billion per week. The report adds fuel to a rancorous Capitol Hill debate over Iraq.
  • After nearly a week of chaos and privation in New Orleans, the federal response to Hurricane Katrina appears to be making a dent in the city's anguish. Most of the known storm survivors are out of the flooded city. Rescue operations continue.
  • The trial of former Enron executives Jeffrey Skilling and Kenneth Lay enters a critical phase Thursday, when Skilling is expected to testify. Accused of conspiring to deceive investors, analysts and the public about Enron's financial condition, Skilling faces decades in prison if convicted.
  • A British magazine about business and global politics seems an unlikely hit among American readers. But The Economist is defying expectations. It has doubled its readership in the U.S. since 1993.
  • A Russian sergeant pleads guilty for killing a Ukrainian civilian in the war's first war crimes case. Such cases usually occur after a war ends. Ukraine wants to prosecute while the evidence is fresh.
  • Some of the levees in New Orleans patched up after Hurricane Katrina flooded the city were unable to hold back surging waters from Hurricane Rita. Parts of the city that had been mostly drained of standing water are flooded again.
  • The Boston-based composer is remembered, 100 years after his birth, for a string of three-minute pops-concert classics such as "Sleigh Ride," "The Typewriter" and "The Syncopated Clock."
  • A jury in Fairfax, Va., on Wednesday ruled in Johnny Depp's favor, and he will be awarded more than $10 million in his defamation case against his ex-wife Amber Heard.
  • On Wall Street, the first quarter of 2022 was characterized by extreme volatility, as the Federal Reserve started to hike interest rates to fight surging inflation and Russia invaded Ukraine.
  • Some of Major League Baseball's prominent active and former players will be linked to the use of banned performance-enhancing drugs. They will be named in a 300-page report based on former Senate Majority Leader George Mitchell's investigation on doping in baseball.
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