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While the financial world keeps grappling with losses, the industry's leaders have raked in annual pay raises averaging nearly 12 percent. The Financial Times found JPMorgan Chase CEO Jamie Dimon was among the top earners, with a pay package of more than $23 million last year. That's an 11 percent increase over the previous year.

Gambling houses have placed odds on who might become the next leader of the Catholic world. At the top of the list of frontrunners are men not from Europe.

Stocks in Japan and Australia hit highs not seen in more than four years after Tuesday's big rally on Wall Street. The benchmark Dow Jones Industrial Average hit an all-time high — topping a record set in the fall of 2007, just before the financial crisis hit.

The home-improvement retailer Lowe's has reportedly agreed to buy Orchard Supply Hardware Stores. The sale price is expected to top $200 million. Orchard is a California-based hardware-and-garden chain. It was once owned by Sears, and is now about $230 million in debt.

Oregon residents are being asked to contact police if they see a 30-foot tall gorilla — wearing sunglasses and polka dot shorts. He's carrying a hot tub, and may or may not be inflated. The giant gorilla stood for four years on top of the Spas of Oregon store in Gladstone.

Cumberland Farms put giant photo cutouts of David Hasselhoff in front of their stores across New England and Florida. The 60-year-old star of Baywatch and Knight Rider is shown smiling, wearing a tank top and promoting iced coffee. Of 570 photos, roughly 550 have been stolen.

A new burger in Britain is topped with chillies that pack 40 times the heat of the average Tabasco sauce. The Fallout Burger is on sale at Atomic Burger in Bristol. It registers a million on the Scoville Scale which scientists use to determine chili heat.

Paul Bremer, the new U.S. civilian administrator for Iraq, arrives in Bagdhad as part of a broad shake-up in the U.S. reconstruction team. Moving out of the country are four top U.S. administrators amid charges that the team has been too slow restoring basic services and has failed to ensure security. NPR's Guy Raz reports.

British Prime Minister Tony Blair visits Iraq's new prime minister, Nouri al-Maliki, in Baghdad. British officials say the leaders spoke about the eventual departure of foreign forces from Iraq. Maliki has said his top priority is halting insurgent attacks and stemming sectarian violence that has wracked the country.

This Sunday, two of the world's top solo explorers will attempt to do what no one has ever done: travel 620 miles on an unsupported mission to the North Pole in the total darkness of Arctic winter.