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The Two-Way
3:02 pm
Wed December 4, 2013

Accused LAX Gunman Ordered Held Pending Trial

Paul Ciancia, 23, the accused shooter at Los Angeles International Airport, has been ordered held without bond pending trial. The Nov. 1 shooting killed a TSA agent and wounded three other people.
FBI AP

Originally published on Wed December 4, 2013 3:53 pm

The man accused of opening fire last month at Los Angeles International Airport, killing a TSA agent, was ordered Wednesday to be held without bond pending his trial.

Judge David Bristow determined that Paul Anthony Ciancia, 23, was a flight risk and a danger to the community.

Ciancia's appearance at a San Bernardino County jail facility where's he's being kept in federal custody is his first in public since the Nov. 1 shooting at LAX's Terminal 3. He was shackled at his hands and feet, and wasn't asked to enter a plea. If convicted, Ciancia faces the death penalty.

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The Two-Way
2:05 pm
Wed December 4, 2013

Biden Visits Chinese Leader As Flight Zone Dispute Simmers

Vice President Joe Biden speaks after a welcoming ceremony at the Great Hall of the People in Beijing Wednesday. Biden met with China's president to discuss issues that include China's recent claim of an air defense zone.
Lintao Zhang Getty Images

Vice President Joe Biden met with China's president in Beijing Wednesday, in a trip to Asia that has often touched on growing tensions over China's new air defense identification zone.

Biden's two-day visit to China was planned before the country's defense officials surprised neighboring Japan by declaring a defense zone in an area contested by the two countries. The topic of the air zone likely helped extend a closed-door session that had been scheduled for 45 minutes to its actual length of two hours.

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The Two-Way
1:01 pm
Wed December 4, 2013

Income Inequality Is The 'Challenge Of Our Time,' Obama Says

President Obama talks Wednesday about the economy and growing economic inequality in Washington.
Evan Vucci AP

Originally published on Wed December 4, 2013 4:46 pm

President Obama tried Wednesday to turn the conversation back to the economy, calling the growing income gap the "defining challenge of our time."

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The Two-Way
12:09 pm
Wed December 4, 2013

Norman Rockwell's 'Saying Grace' Sells For $46 Million At Auction

Norman Rockwell's 1951 painting Saying Grace sold for $46 million Wednesday — a record for the artist.
AP

Originally published on Wed December 4, 2013 2:06 pm

Three Norman Rockwell paintings sold for a combined total of nearly $58 million at a Sotheby's auction Wednesday. The three paintings, which had long been displayed in a Massachusetts museum named for the artist, were among 10 Rockwell works sold at auction today.

By far, the star of the bunch was the 1951 masterpiece Saying Grace, which sold for $46 million — a record for Rockwell's art. The price includes a buyer's premium. The AP says the artist's previous record of $15 million had been set by Breaking Home Ties at a 2006 Sotheby's auction.

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The Two-Way
10:54 am
Wed December 4, 2013

European Union Fines Banks Billions For Rigging Interest Rates

EU Competition Commissioner Joaquin Almunia announces fines against eight large banks, in a scandal over rigging interest rates.
Georges Gobet AFP/Getty Images

Originally published on Wed December 4, 2013 12:45 pm

European regulators have fined eight large banks a total of more than $2 billion over an illegal cartel scheme to fix interest rates. The fine, the largest ever issued in such a case by the European Union, comes after a two-year investigation into banks' collusion. And the inquiry isn't yet complete.

Two American banks — JPMorgan Chase and Citigroup — are included in the list of financial institutions fined as part of a settlement deal. Several banks that cooperated with investigators saw their fines reduced or eliminated.

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The Two-Way
10:13 am
Wed December 4, 2013

U.S. Job Growth Surged In November, Report Signals

Air Force Staff Sgt. Bri Smith (right) of Atlanta talks with a Mary Kay consultant during a November job fair for veterans.
David Goldman AP

Originally published on Wed December 4, 2013 12:54 pm

A report from payroll company ADP finds that "the U.S. private sector added 215,000 jobs during November making it the strongest month for job growth in 2013," says the company's president and chief executive, Carlos Rodriguez.

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The Two-Way
8:15 am
Wed December 4, 2013

Stolen Radioactive Material Found In Mexico

A photo released by Mexico's nuclear safety agency shows medical equipment containing radioactive source material. The photo was taken as the equipment was being prepared for loading into a truck, which was later stolen.
CNSNS

Originally published on Thu December 5, 2013 1:10 pm

Updated at 11:30 p.m. ET: Cobalt-60 Found

Mexican officials say they've recovered the "extremely dangerous" radioactive cobalt-60 that was stolen last week, hours after finding its empty containter.

The Associated Press reports:

"A missing shipment of radioactive cobalt-60 was found Wednesday near where the stolen truck transporting the material was abandoned in central Mexico, the country's nuclear safety director said.

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The Two-Way
7:42 am
Wed December 4, 2013

NTSB Bars Train Union From Crash Inquiry, Citing Confidentiality

A train passes by the scene of repair efforts Tuesday at the site of a train derailment in the Bronx borough of New York.
Seth Wenig AP

Originally published on Wed December 4, 2013 1:40 pm

The investigation into the Bronx, N.Y., train crash that killed four people Sunday will continue without the direct involvement of the rail employees union the Association of Commuter Rail Employees. The move was in response to remarks the union's leader made at a Tuesday news conference regarding the train engineer's awareness level moments before a catastrophic derailment.

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The Two-Way
7:08 am
Wed December 4, 2013

Book News: Manil Suri Takes Bad Sex In Fiction Award

Author Manil Suri missed his chance to meet Joan Collins, who presented this year's Bad Sex in Fiction Award at a ceremony in London.
Courtesy of Nina Subin

Originally published on Wed December 4, 2013 7:22 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

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