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  • Former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling are convicted Thursday of conspiracy to commit securities and wire fraud in a case born from one of the biggest business scandals in U.S. history. The pair now face lengthy prison sentences.
  • It is a basic truth in any counterinsurgency campaign: It is possible to win all the battles and still lose the war. Three years into the Iraq war, the U.S. military admits it has learned that the hard way. At Fort Irwin, soldiers are trained in new counterinsurgency tactics in an attempt to turn the tide of the war.
  • Because of a sharp drop in corporate underwriting, National Public Radio has announced the elimination of 64 filled and 21 unfilled positions as part of cuts throughout the organization. Two shows, News & Notes and Day to Day, were canceled.
  • Chaos surrounds cycling's Tour de France as three riders are dismissed from the race on charges of doping. One was the leading rider, Michael Rasmussen, a Dane. He had been under heavy suspicion for failing to report his whereabouts to drug authorities during pre-tour training.
  • Kentucky Derby-winning jockey Calvin Borel awaits a much-anticipated run at the Triple Crown with the second of three events, the Preakness, set to take place Saturday in Baltimore.
  • The jackpot for Wednesday's drawing would be the third highest in U.S. history and will grow until someone wins. The game's odds of 1-in-292.2 million are designed to build big prizes.
  • Colombia told the U.S. about the raid to rescue hostages from FARC rebels two weeks ago, Pentagon sources say. The U.S. was asked to provide help in the form of surveillance aircraft to eavesdrop on rebels. No Americans were on the ground.
  • To boost enrollment in high-risk plans, the federal government will pay insurance agents a commission to sell the policies. Premiums will be cut up to 40 percent, too
  • After Rep. Jim Jordan ended his unsuccessful bid, a new field of candidates has flooded the race. Most of them are now backing a pledge aimed at ensuring a House floor vote ends in an elected speaker.
  • The Virgin Islands had argued that JPMorgan had been complicit in Epstein's behavior and did not raise any red flags to law enforcement or bank regulators about Epstein being a "high risk" customer.
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