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Hurricane Irene: NASA Posts Dramatic Full-Earth View

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The good news? The U.S. National Hurricane Center has downgraded the storm from Category 3 to Category 2 with its winds slowing from 115 mph Thursday night to 105 mph on Friday morning when this picture was taken. The hurricane is moving toward the north at 14 mph. Let’s hope that weakening trend continues.

Check out this time-lapse from NASA:

Graphic courtesy Flickr/NASA

A California man is accused of taking two bites out of a python snake and has no recollection of it

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Californian accused of taking two bites out of a python snake and has no recollection of it. KOVR reports

{modal url=http://edition.cnn.com/video/#/video/us/2011/09/03/dnt-kovr-man-bites-snake.kovr?&hpt=hp_c2|width=900|height=600}Source: KOVR... > full story{/modal}

Stocks are mixed in early trading on Wall Street

Stocks are mixed in early trading on Wall StreetNEW YORK (AP) — Stocks are getting off to a mixed start on Wall Street as investors asses a pickup in hiring last month at U.S. companies and a handful of corporate earnings.

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Estonia's new PM says Russia sanctions would hurt, but may be needed

By David Mardiste TALLINN (Reuters) - Estonia's new prime minister said on Tuesday that imposing economic sanctions on Russia would hurt European Union countries, but might be needed to send a strong message to Moscow. Taavi Roivas, who became prime minister of the Baltic state - an EU member that was formerly part of the Soviet Union - in late... Read more...

Big U.S. banks must boost capital by $68 billion under new rules

Big U.S. banks must boost capital by $68 billion under new rulesBy Emily Stephenson WASHINGTON (Reuters) - The eight biggest U.S. banks must boost capital levels by a total of about $68 billion under new rules, U.S. regulators said on Tuesday, prompting industry complaints that less-stringent global standards will give overseas competitors an advantage. The rules would limit banks' reliance on debt, part of efforts to prevent another financial crisis. Banks' insured subsidiaries face tougher limits

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Myth of Age + Experience in Innovation Equation

For years, a widely accepted "truism" of many businesses and organizations has been that effective leadership has to come from within the ranks of those who have paid their dues for decades within a company. In hiring from within, based on employees' seniority and past success, a company definitely reaps the advantage of institutional memory in facing the future. ...... Read more...

Ming Dynasty 'chicken cup' sold for record $36M

Ming Dynasty 'chicken cup' sold for record $36MHONG KONG (AP) — A Shanghai collector paid a record $36 million Tuesday for a rare Ming Dynasty cup that's touted as the "holy grail" of China's art world.

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Salman Rushdie, Twitter CEO to receive PEN awards

NEW YORK (AP) — One writes novels and likes to tweet. The other is Twitter's CEO. Both men, Salman Rushdie and Dick Costolo, will be honored May 5 in New York at the annual gala of the PEN American Center.... Read more...