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In Switzerland, one town saw global warming coming and built a dam to stop it. The Swiss resort of Pontresina, near the Italian border, is 5,900 feet above sea level, which is on the high end — even in Switzerland. But higher still, right above the town, is a mass of warming permafrost.

Israel confirmed Wednesday that a cease-fire with Hamas will begin Thursday. Hamas, a militant group, currently rules the Gaza Strip. The truce was brokered by Egyptian officials.

Stocks have sold off sharply in Europe, Asia and the U.S. One analyst says much of the decline stems from a global "deleveraging" that will continue for a while.

Consumers often blame drug companies for the rapidly rising costs of some commonly used generic drugs. But changes made by insurers influence the price of these drugs, too, it turns out.

Two new drugs for hepatitis C can save lives. They are also wildly expensive, costing $66,000 to $84,000 per person. Insurers face paying billions for treatment, or explicitly rationing vital care.

There was a party atmosphere at Affordable Care Act events both in California, where the law has been embraced by the state government, and in Virginia, where it has been resisted. But consumers will have very different experiences in the two states.

President Barack Obama said Tuesday the stimulus plan was showing signs of progress, but that patience was needed as the government revived the economy. The comments came in a prime-time news conference at the White House.

The nation's unemployment rate in February was 8.1 percent. The Labor Department reports more than 651,000 jobs were eliminated last month. Employers are cutting their payrolls and looking for other ways to cut costs as the recession takes a bite out of their sales and profits.

Microsoft, a component of all three major stock indexes, said business is so bad, it must cut 5,000 jobs over the next 18 months. That marks the software bellwether's first major round of layoffs in its history. Earlier this week, Intel also announced 5,000 cuts — not good news for the tech sector.

Two stellar lunar events are happening this August, with a sturgeon supermoon on Aug. 1 and then a rare blue supermoon on Aug. 30.