10 things to know for Tuesday

[May 15, 2012]  (AP) -- Your daily look at late-breaking news, upcoming events and the stories that will be talked about today (times EDT):

1. U.S. ADOPTS STRATEGY FOR FIGHTING ALZHEIMER'S

The Obama administration today sets a 2025 deadline to find effective treatments and perhaps even a way to prevent the mind-destroying disease that afflicts 5.4 million Americans.

2. POLL FINDS HALF OF AMERICANS THINK FACEBOOK IS A PASSING FAD

The AP-CNBC poll also finds half the country believes the social networking company's initial public stock offering is overvalued.

3. JPMORGAN CEO FACES SHAREHOLDERS AFTER $2 BILLION TRADING LOSS

While Jamie Dimon could face tough questions at the bank's annual meeting in Tampa at 10:30 a.m., shareholders say they are unlikely to call for him to resign.

4. EDWARDS' DAUGHTER TO TESTIFY IN FATHER'S CORRUPTION TRIAL

At 9 a.m., Cate Edwards takes the stand. The 30-year-old lawyer has sat by her father nearly every day in court and ran out in tears earlier this month during testimony about his affair with Rielle Hunter.

5. FRANCOIS HOLLANDE SWORN IN AS FRANCE'S NEW PRESIDENT

The country's first Socialist leader in nearly two decades plans to meet later today with German Chancellor Angela Markel to talk about austerity and growth in Europe.

6. CLEMENS FACES HIS CHIEF ACCUSER AGAIN

Former trainer Brian McNamee returns to the stand at 9:15 after testifying he injected the pitching great with steroids eight to 10 times when they were with the Toronto Blue Jays in 1998.

7. NEBRASKA REPUBLICAN PRIMARY FOCUSES ON SENATE RACE

Three GOP candidates are competing today for a likely matchup against Bob Kerrey, a Democrat who is seeking to return to the Senate after a 12-year hiatus.

8. ROMNEY CAMPAIGNS IN IOWA

At 3 p.m. in Des Moines, Romney is expected to criticize Obama's handling of the national debt, a shift from the social issues that marked the campaign last week.

9. CIVIL UNION PROPOSAL STRUCK DOWN IN COLORADO

Republican lawmakers reject a last-ditch effort by Colorado's governor to give gay couples rights similar to married couples.

10. FORMER MEMBERS OF THE FOUR SEASONS TO HIT THE ROAD

Spurred by the success of Broadway's "Jersey Boys," three former members of the Four Seasons, minus Frankie Valli, launch a national tour this weekend as The Hit Men.

[Associated Press]

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