- German President Christian Wulff has resigned over a home loan he took when he was premier of the German state of Lower Saxony.
- Discount carrier Air Australia ran out of operating cash Friday, leaving thousands of passengers stranded across the Pacific.
- The new Consumer Financial Protection Bureau's first regulatory target may be federal oversight of debt collection agencies and credit bureaus.
- Former New York Mets all-star catcher Gary Carter, who let the team to a World Series victory in 1986, has died at the age of 57 after a nine-month battle with cancer.
- Apple's newest MacOS 10.8 software, codenamed Mountain Lion, will not run on many Macs bought before 2008.
If all printers were determined not to print anything till they were sure it would offend nobody, there would be very little printed. -- Benjamin Franklin
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