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  • The heads of ExxonMobil, BP America, Chevron and others have been called to testify before Congress on Thursday. They will be grilled about tax breaks their industry receives. Democrats have introduced Senate and House bills to repeal billions of dollars in tax breaks.
  • On college campuses, the outlook for new grads is better than it's been for the past couple of years — with starting salaries averaging about $50,000. Still, for many students — especially those without technical skills or a business background — landing a good job remains tough.
  • The Border Patrol says two officers died Thursday after their car was hit by a train. They were in pursuit of smugglers when the accident happened.
  • Vicksburg, Miss., is the next big city that's expecting floodwaters soon from the Mississippi River. Friday, Gov. Haley Barbour took a helicopter view of the situation.
  • The reconciliation agreement between Palestinian rivals Fatah and Hamas is already having an impact in the beleaguered Gaza Strip. After a childhood dominated by misery and war, Yusef Ali is finally daring to hope. The winds of change that came with the Arab spring have swept into the benighted pocket of coastal desert in which he's been trapped for his whole life. Ali's only 27, yet he's spent the last four years living like a pensioner. He's been paid — but he's banned from working, because he's a soldier in the Palestinian Presidential Guard. That security unit is part of the Palestinian Authority; he lives on land ruled by the Palestinian Authority's erstwhile rival Hamas. So he's spent his days getting depressed — and watching TV. Now the factions are reconciled, he hopes to be back in uniform soon. Residents of Gaza are delighted with the reconciliation agreement, believing it deepens Israel's isolation and strengthens their hand — particularly because of Egypt support. Yet, there's also a recognition too in this war-wearing place that setting up a government of national unity will not be at all easy after all the years of division and bloodshed.
  • The trend is official: Robots are serving food in Japan, South Korea, Hong Kong and China. Should the developed world brace for a coming wave of robo-waiters? Maybe, according to some robotics experts. But waiter bots, they say, will remain less competent than humans for some time to come.
  • Looks like Washington's crisis du jour — the debt ceiling — will turn into the crisis du summer. Familiar territory in Congress, but it seems like there's extra drama this time around. Plus: President Obama talks immigration system overhaul. And Newt Gingrich tweets his hat in the ring for 2012.
  • Telecommunications mogul Carlos Slim calls the new Soumaya Museum in Mexico City a gift to his country. But critics say much of the art collection is made up of minor and mediocre pieces by big-name artists. Still, the museum is extremely popular with Mexicans.
  • The overwhelming conviction of Raj Rajaratnam this week didn't give federal prosecutors a breather in their campaign against insider trading. The U.S. attorney in Manhattan has 11 defendants waiting in the dock and another big trial scheduled to begin Monday.
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