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  • The first satellite ever developed by high school students to make it to space is believed to be orbiting Earth after getting a ride aboard a U.S. military rocket Tuesday night from Wallops Island, Va. Fittingly, perhaps, you can send it a text message.
  • With the city's parking meter lease making voters leery of new privatization deals, Mayor Rahm Emanuel called for too many public interest protections in the Midway Airport lease, and too few investors saw it as worth the risk. Increasingly, though, governments turn to private investors to run public assets like roads and prisons.
  • The White House announced Tuesday that President Obama will nominate Federal Reserve Vice Chairwoman Janet Yellen to chair the Federal Reserve Wednesday. She would replace Ben Bernanke, who's stepping down from the post. Yellen has been the presumptive nominee for weeks, after Lawrence Summers announced his intention to remove himself from the running in September. She'd be the first woman to head the Fed.
  • USIS, which processes thousands of background checks a year for the U.S., is being investigated for "systemic failure" to adequately vet employees and contractors. The company would not comment on the specifics of the Alexis investigation.
  • The domestic auto industry has been making a strong comeback, but that recovery hasn't necessarily benefited beleaguered Detroit. There's only one auto plant still doing high-volume production inside the city limits, and much of the Big Three's manufacturing has shifted away from Michigan.
  • Sam Simon earns tens of millions of dollars a year in royalties. Diagnosed with colon cancer, he's been told he has less than six months to live. The writer and producer has decided his fortune will go to causes he supports.
  • Jeff Bezos, the founder and CEO of Amazon.com, is just the latest tech mogul to plant a flag on the banks of the Potomac River.
  • Boiling up a pot of kale or collard greens can be tasty, but it also strips out a lot of the vitamins that make these vegetables so nutritious. Southern chefs have long known how to salvage the leftover liquid. They drink it as a tonic, use it as a soup base or create incredible entrees.
  • Three American professors won this year's Nobel Memorial Prize in Economic Sciences for their studies on asset prices.
  • It's not yet clear when Health and Human Services Secretary Kathleen Sebelius will testify before Congress. But it won't be soon enough for the Republicans who are calling for her resignation as a result of the Internet mess that is HealthCare.gov.
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