TOPICS > Politics

News Wrap: 5 Men Arrested in Alleged Ohio Bridge Bomb Plot

May 1, 2012 at 12:00 AM EDT

HARI SREENIVASAN: Five men have been arrested in an alleged plot to bomb a bridge near Cleveland, Ohio. The FBI announced today that the men were taken into custody overnight. They allegedly targeted the Brecksville-Northfield High Level Bridge, which crosses part of the Cuyahoga Valley National Park.

Agents said the suspects thought they had planted explosives at the site. In fact, an FBI informant had sold them dummy explosives.

STEPHEN ANTHONY, FBI Cleveland Division: It undertook a myriad of coordinated investigative techniques in order to eliminate the risk of violence and protect the public. I want to stress and we all want to stress up here that at no time during the course of the investigation was the public ever in danger.

HARI SREENIVASAN: The FBI said at least three of the men were self-described anarchists, but were not affiliated with international terrorism. Some had attended Occupy Cleveland events in the past. But an Occupy spokesman said they were not affiliated with the group.

Across the globe, protesters marked this May Day with outrage over tough times and austerity measures. In Spain, thousands took to the streets of Madrid to oppose government budget cuts and other steps. There were similar protests in Greece and in France.

Meanwhile, in New York, hundreds of protesters with Occupy Wall Street marched on the offices of major banks and media organizations. Marchers also descended on downtown Oakland, California, blocking traffic in places. They tried to close down some businesses that ignored calls for a general strike.

Wall Street got a lift today. Stocks rose on news that manufacturing expanded last month at the fastest clip since June. The Dow Jones industrial average added 65 points to close at 13,279. The Nasdaq rose four points to close at 3,050, its highest closing in more than four years.

Automakers saw mixed results in the U.S. for April. Chrysler reported today that truck and jeep sales boosted its business by 20 percent. And Toyota reported sales increases of 12 percent. It said inventories have returned to what they were before last year’s earthquake and tsunami in Japan knocked out plants. On the other hand, Ford and GM reported April sales fell 5 percent to 8 percent.

A parliamentary committee in Britain condemned media magnate Rupert Murdoch today. The panel’s report came after months of investigating illegal phone hacking by a Murdoch tabloid and his influence over politicians and police. But the committee was deeply divided, as Labor Party members blasted Murdoch and Conservatives objected to the findings.

We have a report from Tom Bradby of Independent Television News.

TOM WATSON, British parliamentarian: These people corrupted our country. They brought shame on our police force and our Parliament. They lied and cheated, blackmailed and bullied. And we should all be ashamed when we think how we cowered before them for so long. Rupert Murdoch is not fit to run an international company like BSkyB.

TOM BRADBY: Taken to its logical conclusion, this would effectively mean taking from Rupert Murdoch an enormously profitable TV station he founded. There just is not the evidence to justify this, said the Tories.

LOUISE MENSCH, British parliamentarian: No member of the committee could find it in their hearts to say that either James or Rupert Murdoch had misled the committee, nobody, even in the report as it’s published. Therefore, it did appear to us that something negative had to be found to say about Rupert Murdoch, since nobody was going to conclude that either he or his son had misled our committee.

TOM BRADBY: So what did committee agree unanimously? Well, that Colin Myler, the former editor of the News of the World, and several other executives had misled them.

QUESTION: They said that Rupert Murdoch showed willful blindness about the extent of phone hacking. Do you have anything to say about that?

MAN: I have said it in a statement. It’s already out there.

TOM BRADBY: This committee report lost a lot of clout by being so obviously split along party lines, but Labor’s total declaration of war is a fascinating gamble, a bold and brave or absurd and foolish one, depending on your point of view.

HARI SREENIVASAN: Murdoch said today he found the report difficult to read and deeply regrets what took place. Now the agency that regulates British broadcasting will review the findings. It could force Murdoch to divest part of his stake in BSkyB, British Sky Broadcasting.

Those are some of the day’s major stories.