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plays tonight. The American Basketball League has teams in eight cities and features some of the best female players in the world. Others have failed before, but organizers believe this league will thrive on the coattails of the gold-medal winning U.S. Olympic team, and the increased popularity of the college game.

an investment firm that aims to help small investors buy new stock offerings in high tech companies on the internet. Until now, large institutional investors have snapped up most of the new stock in start-up companies, as soon as it's offered. The website for more information is >http://www.directipo.com

would have on the major hubs it serves and on the business and vacation travelers who use those hubs. Not only would American Airlines, its employees. and the cities in which they live lose money. But cruise ship lines, hotels, and resorts in other places would sustain losses as well.

to reduce drug smuggling in both countries. U.S. Drug Czar, retired General Barry McCaffrey says Mexican officials should be commended for their progress in curbing drug trafficking and has vowed that the U.S. will do everything possible to bolster anti-drug efforts.

in Dade County, Florida. Authorities blame the glut largely on immigration. Most of the 300 public schools in the system are operating at or above full capacity. Makeshift classrooms in trailers accommodate some of the overflow, but there still is a shortage of teachers and educational materials. Both faculty members and students are frustrated and say the quality of education is suffering.

in damage, this winter's floods out west have restarted the debate between environmentalists and the construction industry. To accommodate a population boom in California, people are building houses everywhere...in many places they shouldn't be...on fault lines, in flood plains and on hill sides.

in the ethics investigation of House Speaker Newt Gingrich. Republicans believe that it was Representative Jim McDermott, the House Ethics Committee's top Democrat, who leaked the recording of an incriminating phone call made by Gingrich. McDermott says he'll not participate in the committee's continuing investigation of Gingrich, calling it "a charade."

to avoid breaking the rules of campaign fund-raising. It's estimated that all senators and representatives combined raise a million dollars a day to finance their campaigns. They've become more wary of where the money comes from, but they still offer access to big donors.

his retirement from the U.S. Senate. After 20 years in the office, he's decided not to seek re-election. The announcement comes exactly 35 years after Glenn's most famous moment...on this day in 1962, he became the first American to orbit the Earth.

for practitioners of African-style hairbraiding. To comply with state law, braiders need to have a 'natural hair styling' cosmetology license,' which requires 900 hours of training. Some women, who do hair braiding for a living, have sued the state, saying the license requires things that have nothing to do with their profession.