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The public relations problem for private equity capitalists at firms such as Bain, KKR and Blackstone is that they are the agents of the creative-destruction part of capitalism. They aim to take over underperforming firms and operate them more efficiently. In that process, people do lose their jobs.

Pundits, reporters and campaigns have put a lot of energy into setting expectations for the candidates' performances. But playing the expectations game doesn't always land you on top or, for that matter, anywhere at all.

UPSTATE NEW YORK (Produced by The New York Reporting Project at Utica College) - Non-native plants and animals will readily invade a local ecosystem if…

Egypt's ousted president Hosni Mubarak goes on trial in Cairo today along with his two sons and top officials from his government. Mubarak could face the death penalty if he is convicted of ordering attacks on protesters in Tahrir Square that left some 800 dead.

Pat Gallant-Charette wants to swim across the English Channel in August. On top of her job as a nurse, the 60-year-old grandmother from Westbrook, Maine, follows a rigorous training schedule that includes one- to 10-hour swims along the crashing waves of the cold ocean shore. Gallant-Charette almost crossed the Channel once before, but currents kept her at bay just a mile and a half from the finish. This time, she's convinced she'll make it. Independent producer Patty Wight sends this audio postcard.

The wide-ranging inquiry into criminal abuses by the British press has led to testimony about relationships and careers damaged by tabloid excess. Newspapers owned by Rupert Murdoch's News Corp. are at the heart of the scandal. A former features editor for one of those papers stole the show at Tuesday's hearing.

On Thursday, a bid to extend the payroll tax cut failed in the Senate, and Republicans blocked the president's nominee to head a new financial watchdog agency. But the White House is still convinced President Obama is winning the broader political argument.

Four of the top commissioners of the U.S. Nuclear Regulatory Commission are locked in a feud with the fifth — the chairman, Gregory Jaczko. In a letter to the White House and in a congressional hearing on Wednesday, they called Jaczko a bully who is destroying their ability to do their job.

It was 100 years ago this month that U.S. "doughboys" arrived in France. The French are remembering the Yanks who went "Over There" to help them fight in World War I with a series of commemorations.

Director of National Intelligence Dan Coats and National Security Agency Director Adm. Mike Rogers testify before the Senate Intelligence Committee on Wednesday.