See if this sounds familiar: You're seated in a movie theater, watching the latest IMAX disaster flick when someone slides their iPhone out of their pocket and starts texting their significant other. The glow from the phone lights up their face like the man in the moon and somehow — despite the $75 million used on the pyrotechnic budget alone — that blue-white glow at the edge of your vision triggers instincts honed over millions of years of evolution, and you find yourself incapable of focusing on the movie.
A Vatican official already under investigation for money laundering was arrested after police say they caught him and two other men plotting a scheme that would bring in 20 million euros (about $26 million) in cash into Italy from Switzerland on a jet.
Prosecutors say Monsignor Nunzio Scarano said the money belonged to some friends, according to The Associated Press. The wire service talked to Nunzio's attorney Silverio Sica and reports:
What if we could get our gasoline, diesel fuel and jet fuel from yeast instead of from oil wells? That's not as crazy as it sounds. In fact, it's already happening on a small scale. And there's a vigorous research effort to ramp this up on a massive scale.
One of the more innovative approaches uses a new technology called "synthetic biology." Jay Keasling is one of the leaders in this hot field.
The U.S. is ready for tornadoes, but not tsunamis.
That's the conclusion of a panel of scientists who spoke this week on "mega-disasters" at the American Geophysical Union's science policy meeting in Washington, D.C.
The nation has done a good job preparing for natural disasters like hurricanes and tornadoes, which occur frequently but usually produce limited damage and relatively few casualties, the panelists said. But government officials are just beginning to develop plans for events like a major tsunami or a large asteroid hurtling toward a populated area.
Climate change seems like this complicated problem with a million pieces. But Henry Jacoby, an economist at MIT's business school, says there's really just one thing you need to do to solve the problem: Tax carbon emissions.
"If you let the economists write the legislation," Jacoby says, "it could be quite simple." He says he could fit the whole bill on one page.
Basically, Jacoby would tax fossil fuels in proportion to the amount of carbon they release. That would make coal, oil and natural gas more expensive. That's it; that's the whole plan.
The interest rate on government-backed student loans is going to jump from 3.4 percent to 6.8 percent Monday.
Republicans, Democrats and the Obama administration could not agree on a plan to keep it from happening. Lawmakers say a deal is still possible after the July 4 recess. But if they don't agree on a plan soon, 7 million students expected to take out new Stafford loans could be stuck with a much bigger bill when they start paying the money back.
It has been one of the more heated debates in Washington this year.
Developers in Phoenix are scrambling to keep up with another frenzied demand for housing. During the Great Recession, homebuilders in the suburbs abandoned neighborhoods that were only half-built. These so-called zombie subdivisions left a ring of unfinished construction around the city.