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phone hacking scandal that doomed a best-selling tabloid and rocked the very pillars of society. today, the parliamentary committee that grilled rupert murdoch and his son james last month released letters suggesting that illegal snooping, hacking, eavesdropping, were a lot more common at the now defunct "news of the world" than the murdochs led on. one such letter is from a reporter named clive goodman who was sacked and jailed for hacking the cell phones of the royal family. he writes to his paper's human resources department, this decision is inconsistent because, here's a name bl...

kind of a day will it be? another wild ride? well, some won't mind if it's wild in the right direction. though, we have seen a historic week of volatility. also huge changes at the u.s. postal service. administrators there are asking congressional approval to lay off 120,000 people. you heard me right. also across in great britain and all across great britain now the riots die down a little bit now and maybe life getting back to normal in london. nearly 2,000 people have been arrested in in connection with the violence and looting there we have seen over the past week. maybe yo...

i'm mitt romney. i believe in america. and i'm running for president. >> romney made his big announcement on a sunny farm but his speech was heavy on the gloom and doom, a long series of attacks on president obama whom romney repeatedly accused of thinking like a european. we're joined now by long time new hampshire conservative activist lafontaine and romney media adviser russ reefer. i'm going to start with you. you are one of his top campaign strategists. i was interested in the tone of his message. let's listen and we can talk about it. >> when barack obama came to office we wish...

Andrew. here in asia, nina, a down day. it's been a trending down week this week. we had a bit of a relapse -- respite, i should say, but certainly not convincing. there you see the markets generally hitting lower. the nikkei down by half of one per sechblt hang seng down. it's had a bad week, shanghai. the story of stagflation, it's a story we've been talking about. the uk economy now also is being directed to china. that's, of course, where you get lower economic growth and higher. stagflation is being seen as a looming issue for the chinese economy. and finally australia on the back of co...

storm. our meteorologist jen delgado joins us from the cnn weather center. jen, how is it looking now? >> we still have watches and warnings across parts of the midwest. of course, we talked about the stormed that happened earlier in the week but according to the national weather service it looks like based on doppler imagery we look like a possible tornado touched down in arkansas. anywhere we're seeing in red we still have a tornado watch in effect. that's for parts of arkansas and missouri. if i take you over to this, we have a report that one person died. it's a rural town, but b...