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The NCAA says it will levy "corrective and punitive measures" against the school over the child sex abuse scandal involving Jerry Sandusky. The move comes the same day Penn State removed the statue of legendary football coach Joe Paterno from outside the football stadium.

Things are hopping at the London Games, with 20 medal events today. The U.S. women's quadruple sculls team netted the first American medal in rowing since 1984.

In what may be a first, Monday brought product placement to the Olympics. Is this a sign of change? Will we begin seeing Pampers Diapers wrapped around the Olympic rings, as wrestlers grapple beneath them?

As if there wasn't enough outrage already about the "excessive and wasteful" spending by the federal government's General Services Administration at a 2010 conference in Las Vegas, now there's video evidence.

America's reliance on coal to produce electricity has declined by more than 20 percent in recent years — but it is exporting coal at a rate not seen in 20 years, according to the AP. Much of the new surge in coal exports comes from Japan and South Korea.

Saying it needs to take action in order to survive, the news outlet will focus on its online operations.

The message of outrage over a massacre in Houla, Syria, is now coming from one of Syria's neighbors and allies.

Protests continue against the court rulings on former President Hosni Mubarak. A panel of judges sentenced Mubarak and his former interior minister to life in prison for their role in the deaths of protesters during the Arab Spring uprising in the country. But the panel acquitted six security officials linked to the shootings.

Another bombing today. On Sunday, the assassination of a Taliban leader who wanted peace. But Ambassador Ryan Crocker says the new U.S.-Afghan agreement raises chances for peace and relative stability.

Hewlett-Packard reportedly has decided on a restructuring that will eliminate 30,000 jobs worldwide. The company isn't expected to say anything publically until next week when it announces quarterly earnings.