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People walk past JPMorgan Chase’s headquarters in New York. JPMorgan Chase, the largest bank in the U.S., said it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money. (Photo by Mark Lennihan / AP)

Overcoming poverty through teaching

In Mississippi, where the poverty rate is 22 percent and many high schoolers fail to graduate, 62-year old Carl Palmer provides lessons on how to overcome poverty. This is his first year as a principal.

CBS News

US science achievement still lags behind that of international competitors

U.S. News & World Report

After 32 years, dad is Minnesota grad

Bob Alberti started at the University of Minnesota in 1980 and, with gaps along the way, took classes for 20 years. Graduation was always his goal. But there were other goals, too — starting a company, a family.

Star Tribune

JP Morgan’s $2B blunder

A massive trading bet boomeranged on J.P. Morgan Chase & Co., leaving the bank with at least $2 billion in trading losses and its chief executive, James Dimon, with a black eye.

Wall Street Journal

Blog:

JP Morgan debacle reveals fatal flaw in federal reserve thinking

Huffington Post

JP Morgan’s big loss

CNBC

Bank stocks hurt

Yahoo! News

Historic presidential debate in Egypt

Two of the top candidates running to become Egypt‘s first post-revolution president have squared off in the Arab world’s first televised presidential debate.

Al Jazeera

Egypt’s presidential debate

CNN

Same Bible, but a different verdict on same-sex marriage

When President Obama announced he supports same-sex marriage, he referred to his Christian faith. Many other people cited their faith to disagree, raising questions about religion.

NPR

Review:

Gay rights backers review Obama’s stand on gay marriage

Philadelphia Inquirer

NATION

One World Trade Center may not achieve ‘America’s tallest building’ status

Many say the logic of One World Trade Center’s design was to make it a symbol of resilience, building the America’s tallest building after a tragedy. But a redesign may take away its expected status.

CBS News

Rebuilding the World Trade Center

BBC

Medicare paid $5.6B to 2,600 pharmacies with questionable billing

A pharmacy in Kansas billed Medicare for more than 1,000 prescriptions for two patients in a single year. It is the latest incident in questionable billings uncovered by federal investigators.

Star Tribune

POLITICS

On defense cuts, both parties are far out of step with voters

An unusual new survey shows the average American favors cutting the Pentagon budget by $103 billion — far more than Obama or Republicans have proposed.

The Atlantic

GOP plan cuts social programs to protect Pentagon

Msnbc.com

Romney to shift campaign focus from gay rights to economy

Republican Mitt Romney is trying to return the focus of his campaign to the sluggish economic recovery and his vision for America after spending a day restating his opposition to gay marriage.

San Jose Mercury News

BUSINESS

Bing to duel Google by introducing Facebook-friendly format

Microsoft’s Bing search engine is heading in a new direction, as it drills deeper into Facebook’s social network and Twitter’s messaging service to showcase information unlikely to be found on Google.

Chicago Sun-Times

Oil boom resurrects ghost town

Like many farm-dependent communities throughout the nation, Dore, North Dakota, fell victim to changing agricultural practices and a harsh rural economy.

Star Tribune

The $1 billiion new town where nobody’s home

Sydney Morning Herald

EDUCATION

To educate children, we have to consistently teach their parents

Over the past 50 years, remarkable progress has been made ensuring that children receive basic education. However, in education, as with other developmental challenges, progress is uneven.

Slate

Federal appeals court rules in favor of teachers in training

Thousands of teachers in training in California can remain in their classrooms and be assigned to low-income and minority areas at least through mid-2013, a federal appeals court ruled.

San Francisco Chronicle

Textbook alternative

Open-source textbooks, long considered a promising way to cut costs but still not widely used, could become more readily available as a University of Minnesota project expands.

Inside Higher Ed

HEALTH

The alarm clock effect

In the industrialized world, a conflict between two opposing forces — biology and the alarm clock — is helping to make people fat, research suggests.

LiveScience

Too fat for anesthesia? Suction cups may help

msnbc.com

The long, lethal shadow of asbestos

Anyone in the U.S. with a TV or Internet connection probably knows lawyers want the business of people exposed to asbestos, and they are paying for it.

Reuters

RELIGION AND SPIRITUALITY

Nonbelievers flex their political muscles

The Secular Coalition for America, an umbrella organization that represents 11 nontheistic groups, is looking to take its secular-based activism out of the nation’s capital and into the states.

Religion News Service

Daughter finds mother’s dreams and prayers in ‘God Box’

Mary Lou Quinlan always knew that her mother, Mary Finlayson, kept a God Box, a simple container where she put her prayers and dreams for everyone she knew and even those she did not know.

Huffington Post

Columns And Op-Ed

The opinions in the items below are not necessarily those of DailySource or our editors. Read more.

Column (Michael Moore):

Why US veterans’ benefits matter

Telegram & Gazette

Column (David Sirota):

Guns and butter economy

Salon

Blog (Andrew J. Rotherham):

What do we do about poor science scores? Take kids outside

(TIME)

Ideas

Column (Ronnie Cummins):

Junk food taxes to help defray cost of healthcare?

McClatchy Newspapers

Editorial (Thurston):

President Obama’s momentous evolution on same-sex marriage

Tampa Tribune

Column (Jon Carroll):

Occupy the Farm digs in

San Francisco Chronicle

Column (David Cole):

No accountability for torture

Al Jazeera

XXXX wrong item type XXXX:

Looks like Memorial Day has come early this year

Christian Science Monitor

Site edited by: Lavanya Rajagopalan, Tanya Flowers, Diana Shaw, Harsha Malik, Laura Olson, Mark Rittenmeyer, Shahinaz Ayoub, Paul Wertheim, Tamara Dixon, Elizabeth Stoycheff, Jessica Duncan, Kristen Podgurski and Carla Baranauckas.

GOOD NEWS

Small island states in clean energy race

The Caribbean island of Dominica leads the group of 52 small-island developing states aiming for a 45 percent cut in emissions over the next 18 years.

Guardian

Why teen driving deaths have tumbled to historic lows

Traffic fatalities are hitting record lows for all drivers, but the drop among teen drivers is especially important, given that traffic accidents are the leading cause of death for teens.

Christian Science Monitor

Underwater California homeowners to get more help

The state-run Keep Your Home California program will use federal money to reduce an eligible homeowner’s mortgage balance by up to $100,000.

San Francisco Chronicle

WORLD

International adoptions drop; experts cite fraud crackdowns, policy shifts