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  • Advisers to the Food and Drug Administration have recommend that drugs Serevent and Foradil no longer be used for asthma. Top-selling Advair was not affected by the recommendation.
  • The Colombian military on Wednesday freed 15 people held by the FARC rebel group. The hostages include Ingrid Betancourt, who was running for president when the FARC kidnapped her six years ago, and three American military contractors. Carolina Barco Isakson, Colombia's ambassador to the U.S., talks about the rescue operation.
  • Funeral directors in 15 states can now offer "water cremation," in which bodies are dissolved in a chemical solution. Some see it as more eco-friendly and less traumatic than consumption by flame.
  • In their 2004 book, Gary Stern and Ron Feldman, top executives at the Federal Reserve Bank of Minneapolis, cautioned the world about systemic financial risk and the need for more oversight. They admit to a fleeting sense of "I told you so."
  • The U.N. protested Israeli fire on its warehouse in Gaza. Israel said Hamas militants were launching rockets from the U.N. compound. Israel also killed a top Hamas leader in its operations in the Gaza Strip. And there was speculation that Israel and Hamas are close to an agreement on a cease-fire.
  • Gunmen in Mumbai are thought to still be holding a number of foreign hostages. Indian commandos have been trading fire with the attackers. On Wednesday, gunmen armed with assault rifles and grenades fanned out across Mumbai and attacked popular tourist sites, including the city's top two luxury hotels.
  • NPR has named veteran news leader Edith Chapin as its senior vice president for news and editor in chief, anchoring its newsroom leadership at a time of great transition for the public broadcaster.
  • Mockingjay Part 1, the newest installment in the Hunger Games movie franchise will likely top the box office this weekend. NPR's Scott Simon speaks with Bloomberg View's Stephen Carter.
  • Author Josh Dean describes how the CIA worked to secretly resurface a sub that the Soviet Union considered lost. Their cover story involved eccentric billionaire Howard Hughes.
  • His new 700-page omnibus of collected bits and pieces shouldn't be read all at once — but taken in careful sips, it's a cheeky, crotchety, sometimes serious, sometimes satirical delight.
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