Wednesday, July 4 in the news....
- Microsoft founder Bill Gates looks to have lost his title as the world's richest man, toppled from top spot by the Mexican telecoms tycoon Carlos Slim. Gates and third placed Warren Buffett congratulated Slim as he mowed their lawns.
- The decision to cancel the jail term of I. Lewis "Scooter" Libby by President Bush was made largely alone, the Washington Post reported. Which meant it was just the President and his set of Transformers.