David Beckham, who starred for Manchester United, Real Madrid and England's national team before heading to the United States and Paris, is retiring. The news was confirmed Thursday by England's Football Association.
The midfielder played his first game for Manchester United in 1992 and eventually rose to become captain of England's international team for more than 50 games, including several World Cup tournaments. He appeared in 115 matches for the squad.
Billionaire investment legend Warren Buffett's Berkshire Hathaway Inc. has had its credit rating lowered from AA+ to AA by Standard & Poor's Ratings Services.
In a statement, S&P says that even though Berkshire Hathaway has an "excellent business profile," the lower credit rating "better reflects our view of BRK's dependence on its core insurance operations for most of its dividend income." (S&P's statement is posted on its website, but you have to register to view it.)
Rutgers University officials are welcoming the arrival of new athletic director Julie Hermann as the beginning of a new era, as the school seeks to rebound from the turmoil that recently engulfed its athletics department.
In a message written on a wall of the boat where he was found hiding, Boston bombings suspect Dzhokhar Tsarnaev claimed responsibility for the attack and said it was motivated by anger over the Afghan and Iraq wars, sources familiar with what was found have told CBS News correspondent John Miller.
-- There were 360,000 first-time claims for unemployment insurance last week, up 32,000 from the week before, the Employment and Training Administration says. At 360,000, the pace was the fastest since the last week of March. But it remained well below the 400,000-and-higher rate that lasted from mid-2008 into 2011.