The congressional supercommittee has one week to meet a deadline to cut $1.2 trillion from the federal budget. If next Wednesday's deadline isn't met, automatic across-the-board cuts will be made.

The animal rights group People for the Ethical Treatment of Animals is attacking Nintendo's new video game Super Mario 3-D Land. In the game, Super Mario sometimes wears the skin of a tanooki, which is a raccoon dog. Since tanooki are, in real life, killed for their fur, the group says the game "sends the message that it's OK to wear fur."

The House Financial Services Committee voted on Wednesday to suspend nearly $13 million in bonuses paid to executives at Fannie Mae and Freddie Mac. The measure would also prohibit future bonuses. The Senate is expected to take up similar legislation.

Chrysler will announce plans to add more than 1,000 jobs at an assembly plant in Toledo, Ohio, Wednesday. Meanwhile, the U.S. Postal Service says it could run out of money next year.

At an Iowa town hall meeting Tuesday, Republican presidential hopeful Rick Perry laid out a plan to, as he put it, uproot and overhaul the federal government. Among other things, Perry would end life-time tenure for federal judges including those on the Supreme Court, and make members of Congress take a 50 percent pay cut.

When he died on Oct. 5, Steve Jobs was eulogized as the tech visionary who put elegantly designed gadgets into the lives of people who often hadn't realized the devices were essential — until Jobs, and Apple, created them. A recently recovered 1995 interview offers another chance to hear from the late CEO.

One of Japan's most venerable corporations is facing possible bankruptcy and its executives face jail time. The corporate scandal has stunned the nation. Olympus, a maker of cameras and medical equipment that is a household name in Japan, has been cooking its books and covering losses dating back to the 1990s.