World: At least 35 hostages may have been killed in a military operation to re-take a foreign-operated natural gas field in the eastern Algerian desert that was over run by Islamic militants on Tuesday. Exact numbers are hard to nail down, but some Americans were among the original hostages. The militants had demanded an end to French military operations in neighboring Mali. The situation is developing

National: The Boeing 787 Dreamliner has been grounded by the Federal Aviation Administration following several onboard battery fires. The FAA made its announcement shortly after both of Japan’s primary airlines grounded their 787 fleets. The 787 uses lithium ion batteries to save weight. Fifty of the planes are in service around the world, six of them operated by United Airlines.

Guns:  President Obama signed 23 executive orders following his announcement yesterday of gun control and gun violence legislation. Most of the orders are administrative and will have little immediate impact on the public. But the President did propose a renewed assault weapons ban, and a limit to ten-round magazines, among other measures.

  The National Rifle Association attacked back, releasing a television ad that mocks the President for sending his children to school under armed guard but denying similar protection to the rest of American schoolchildren.

How Corporations Punish: The board of JP Morgan Chase voted to cut in half the pay of CEO Jamie Dimon following the scandal of a $6 billion trading loss last year. He’s been reduced to just $11.5 million.  At that rate he would have had to lose $12 billion to be reduced to a million.

Football Heartbreaks: Oregon coach Chip Kelly ran a reverse announcing he would take the head coach job with the Philadelphia Eagles.  Just after the Ducks played a bowl game, he said he was staying. Kelly made the Ducks a national power and changed football with his hurry-up offense.

  And the sob story of Notre Dame linebacker Manti Te’o has dried up. Te’o touched hearts telling Sports Illustrated how he lost his grandmother and then his 22-year-old girlfriend, who had been in a serious car accident and later died of leukemia. Reporters from Deadspin were unable to find evidence of the accident, the illness, the girl’s registration at Stanford University, or that she ever existed. And Te’o now claims he was hoaxed in an online and telephone relationship. He says he never met the girl.

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