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China has just joined an exclusive global club with the launch of its first aircraft carrier. David Greene talks to naval historian and defense analyst Paul Beaver about the new Chinese aircraft carrier that has just entered service in China's navy.

FRANKFORT, Ky. – “Smart, beautiful, talented, courageous.”Who used these words to describe Teach for America teachers? Most education experts would not…

Some of the events at the at U.S. Track and Field Olympic Trials in Eugene, Ore., this past weekend were too close to call. First and second place were clear in the Women's 100 meters, but third place was a dead tie. A run-off or a coin flip will determine who goes to London.

Gymnast Aliya Mustafina of Russia has won the 2012 Olympic gold medal in the uneven bars, standing atop the podium in a highly competitive event that also featured American star Gabby Douglas, defending medalist He Kexin of China, and British favorite Beth Tweddle.

This week Las Vegas saw the world's largest hacking party — and it was all legal. The gathering was designed to bring together cybersecurity experts — including the top hackers in the business — to expose vulnerabilities before criminals uncover them. The big focus this year was on mobile phones.

Wednesday's bombing in Damascus, which killed several senior figures in President Bashar Assad's inner circle, also shattered the notion that he and his government still have firm control of the capital.

A ruling by the country's high court threw the country into disarray, days before a historic presidential election.

Big banks announced around 60,000 job cuts in 2011. With businesses and consumers still focused on reducing debt, there isn't the same need for financial services as there was before, says one banking analyst. The outlook in the years ahead is for a smaller, more stable and less profitable industry.

France was among nine European countries that saw their sovereign debt ratings cut Friday. The move could boost borrowing costs in Paris and undermine a plan to contain the European debt crisis. But the loss of France's AAA rating is also likely to play a role in President Nicolas Sarkozy's re-election bid.

Rick Santorum racked up two wins in the South, Newt Gingrich vowed to stay in the race until Tampa, and Mitt Romney failed to put doubts about his candidacy to rest.