Yahoo CEO Scott Thompson has stepped down from his post as a result of a controversy regarding his résumé, which had drawn fire for inaccuracies in recent weeks. Yahoo announced that Thompson, whose claims that he had a computer-science degree were called into question in an investor letter to the company’s board, would be stepping down swiftly. The company, moving swiftly, will replace him with Ross Levinsohn, Yahoo’s global-media head, as interim CEO. Fred Amoroso will become chairman of Yahoo's board.

Forty-nine bodies were strewn across a highway in northern Mexico Sunday in what is believed to be the latest in drug-cartel violence. The bodies were dumped near Monterrey, in the town of San Juan, 110 miles from the U.S. border. Some of them were mutilated and wrapped in plastic bags. In September and November of 2011, there were two similar incidents involving dozens of bodes being scattered across roads.

Ina Drew, one of Wall Street's most powerful women, will be resigning from her role as chief investment officer at JPMorgan Chase as the bank is struggling to recover from $2 billion in trading losses. Drew ran the unit responsible for the losses and had offered to step down after the scale of the loss came to light earlier this week, though CEO Jamie Dimon initially refused to accept Drew's offer. Dimon called the loss a "terrible egregious mistake" as stock prices fell and the company faces losing a sum total of $800 million in the second quarter. Two other top executives were also expected to be out of their jobs come Monday.

After an inconclusive election left Greece unable to form a government, the country might have to hold another election. Alexis Tsipras, the head of the radical left group Syriza, has declined to attend coalition talks, which means President Karolos Papoulias must call for another vote. "They are not asking for agreement, they are asking us to be their partners in crime and we will not be their accomplices," Tsipras said Sunday. Polls show that if this election is held, Tsipras is projected to win, gaining an extra 50 seats for his party in the 300-seat parliament. He supports staying with the euro, but rejects the terms of the bailout.

California Governor Jerry Brown is expected to announce his solution to the state's $16 billion budget deficit on Monday. According to a spokesman, the proposal will include a tax hike of up to 3 percent for the highest earners, a slight sales tax increase, and cuts to health and human services and other areas. He also explained that the enormous deficit is due to a drop in tax revenues during the last quarter of 2011. “We’re still recovering from the worst recession since the 1930s,” Brown said in a YouTube video. Wealthiest Californians could see a tax increase by as much as 3 percent, up from the 9.3 percent they pay now.

Exit polls after a legislative election in Germany's most populous state showed Chancellor Angela Merkel and her Christian Democrats party badly defeated by the center-left Social Democrats. Merkel's party’s approval rating is at 26 percent in the state—its lowest since World War II. Sunday's election is not expected to rock the power balance and Merkel's party still has a good chance of winning in the 2013 national elections. But tensions are high in Germany as Greece struggles with the bailout and Merkel insists the troubled country needs to implement austerity measures it passed last year.

The Senate Homeland Security Committee will hold a public hearing over the prostitution scandal that involved Secret Service agents and members of the U.S. military in Colombia. The hearing is scheduled for May 23. Sen. Joe Lieberman, the committee’s chairman, said that both Secret Service Director Mark Sullivan and Acting Inspector General Charles Edwards will be called to testify. The committee has already sent Sullivan a list of questions, which he must answer by Monday. The scandal involved 20 alleged prostitutes and so far nine secret service members have been dismissed in connection with the scandal.

A onetime Taliban leader who defected to work for peace was shot dead Sunday in what seems to have been a drive-by shooting in the capital of Kabul. The Taliban has denied involvement in the killing of Maulvi Arsala Rahmani, a senior member of the country’s High Peace Council who police said was sitting in traffic when gunmen drove up alongside him and opened fire. Rahmani, who was appointed to his position on the council by President Hamid Karzai, was traveling to a meeting in the capital’s high-security diplomatic center when he was killed. No one had been arrested Sunday in the shooting.

Marijuana coffee shops across the south part of the Netherlands are beginning to enforce a new law banning tourists from imbibing in the legal marijuana the country is famous for. The ruling comes from an attempt to slow the drug-related organized crime that has become prevalent across the country. On January 1, the law will go into action for the entire nation, including the 250 coffee shops in Amsterdam. Signs reading "New Rules, No Drugs" are being put up by authorities on streets, warning foreigners of the law.

Actress and singer Demi Lovato has signed on to judge the next season of singing competition The X Factor, TMZ reported Sunday. The pop star is reportedly set to announce the news Monday morning in New York at the presentation of FOX’s fall TV line-up. Simon Cowell hopes to boost the ratings and got rid of former judges Nicole Scherzinger and Paula Abdul. The news comes days after it was reported that Britney Spears will be joining the show as a judge, reportedly raking in a cool $15 million for one season.

James Patterson, a 34-year-old unemployed Ohio man, spent 17 hours with his hand over his head in an attempt to set the Guinness World Record for longest fist pumping session on Friday. Followed by videographers, he made appearances around Akron's bars until ending his quest at 3 am Saturday morning. Patterson calls himself a fist-pumping "veteran" and even super-glued his hand shut "to ensure I maintain perfect fist formation."

Being reincarnated as a shark is one thing—being eaten by one is another. “Long flights, those I really feared, but now I’m used to them,” Tenzin Gyatso, the 14th Dalai Lama, revealed in a new profile in The Telegraph. “The fear now is that I never learnt to swim so if the plane crashes on water, I would immediately go deep under the sea and be enjoyed by a shark.” The spiritual leader of Tibetan Buddhists and until recently head of the Tibetan government-in-exile, the Dalai Lama has continued to be a gadfly to the Chinese government since being driven out of his home country in 1959. A Nobel laureate, the Dalai Lama lives in a temple palace in Dharamsala, India, near the foothills of the Himalayas.

Whether or not Mitt Romney straps the dog onto the family car and heads down to take up residence in the White House after this year, there are already a good number of Mormons who hold prominent government positions, including Senate Majority Leader Harry Reid, a Democrat. Across the Potomac from the capital, the town of Crystal City is sometimes colloquially known as “Little Provo” for the number of young Mormon professionals who have settled there. And while the number of Mormon political professionals in Washington is not disproportionate to the 2 percent of the population who claim to be adherents, many say that their faith helps drive their interest in civic involvement.

The search is on in Southern California for FBI Special Agent Stephen Ivens, who is said to be despondent and may be suicidal, according to law enforcement. More than 150 FBI agents, rescuers, and other officers were engaged in the search late Saturday for Ivens, who is said to be a recreational hiker. The 35-year-old has been missing since he left his home in Burbank Thursday, and it is feared that Ivens may be emotionally disturbed and armed with a handgun. The former Los Angeles police officer has worked with the FBI for three years in the bureau’s national-security division and is married with a 1-year-old child.

More than two decades after he left office, the GOP still won’t give Jimmy Carter a break. The former president has become a Romney campaign hobbyhorse as Mitt tries to make hay out of the idea that Barack Obama is feckless and a tad befuddled—you know, just like Carter. Asked in New Hampshire whether he would have ordered the strike that killed terrorist leader Osama bin Laden, Romney replied that “even Jimmy Carter would have given that order.” Veteran GOP campaigner Peter Wehrer summed up the strategy this way: “When you mention Jimmy Carter, that lightens up certain regions of the mind and brings to mind ineptness and incompetence.”

Well duh. JPMorgan Chase Chief Executive Jamie Dimon said it was a “terrible egregious mistake” to lose $2 billion trading. Last week, the bank disclosed that the money was lost on bad bets on credit derivatives. Dimon said that the work was “sloppy” and ”stupid” and inexcusable. The interview came on Meet the Press, and marks the first time Dimon has openly stated that the bank  made huge mistakes. “We were dead wrong,” he said. While he said that JPMorgan was “very strong,” Dimon said he would back any government plan to overhaul the bank’s framework.

Spanish protesters took to the streets Saturday to protest the cuts politicians have made in trying to right Europe’s teetering economy. In Madrid, thousands of protesters gathered in a plaza and aimed to settle in for the night, but were greeted by riot police. As many as 20,000 people are estimated to have demonstrated in Barcelona alone. The protests crossed age gaps, with 57-year-old Roberto Alonso saying, “I’m here to defend the rights that we’re losing and for the young people who have it so tough. They’re better educated than ever. But they don’t have work. They don’t have anything.” The marches were timed to coincide with the one-year anniversary of the birth of the Indignant Movement, a series of anti-austerity protests that swept Spain and Europe.

What better way to get your message across to thousands of North Carolina residents? New York City Mayor Michael Bloomberg gave a commencement speech at the University of North Carolina Sunday defending the right of gays and lesbians to marry. Last week the state passed a controversial amendment to ban same-sex marriage, which Bloomberg said showed “just how much more work needs to be done to ensure freedom and equality for all people.”

In a ruling that seems to have little ground on which to stand, Marissa Alexander of Jacksonville, Fla., was sentenced to 20 years in prison for firing a warning shot to frighten her bullying husband. Alexander tried to defend herself using Florida’s “Stand Your Ground” law, which came to national attention after a neighborhood watchman shot Florida teen Trayvon Martin in February. The case was prosecuted by Angela Corey, the same Florida prosecutor who is handling the case against Martin’s shooter. Congresswoman Corrine Brown accosted Corey after the sentencing, telling the state attorney, “There is no justification for 20 years. All the community was asking for was mercy and justice.”

Manchester City boomed back in injury time, scoring twice to triumph as Premier League champions Sunday. “The last few minutes were incredible,” City manager Roberto Mancini said. “This is for our supporters, they deserve this.” The game was fast-paced game and left fans, and the Twittersphere, stunned with its final moments. For the first half and some of the second, City dominated the field, then were beaten back by the QPR players, who held the lead into the second minute of injury time. “To win like this is incredible,” Mancini said. “I have never seen a finish like this.”

Seven civilians—including four women—were killed when forces loyal to Syrian President Bashar al-Assad stormed a Sunni Muslim village Sunday, according to activist group the Syrian Network for Human Rights. The troops torched residences and arrested dozens in the village near the city of Hama, the group said. “The village was subjected to collective punishment,” the activists said in a statement. “Over half of its houses were burnt. Several people were executed when they were arrested. The rest were killed from bombardment.” Assad’s forces have allegedly attacked dozens of Sunni villages in the area.

Taxes will have to increase or cuts will be made to fill the $16 billion hole in California’s budget, Gov. Jerry Brown said Saturday. “This means we will have to go much farther and make cuts far greater than I asked for at the beginning of the year,” Brown said, as the state struggles to make up shortfalls in taxed income. In the online video, the governor appealed directly to the state’s taxpayers, saying that “we can’t fill this hole with cuts alone without doing severe damage to our schools.” Republican state lawmakers argued against the governor’s plan, saying that the state would be better served by leaving taxpayers alone and allowing the economy to grow.

Matters may be out of Karolos Papoulias’s hands. A last-ditch effort between the Greek president and leaders of the three big parties to form a unity government in the country--where voters are outraged by austerity measures--has reportedly fallen apart. The talks lasted less than two hours. A government must be formed by May 17, or new elections will be held next month. The New Democracy and PASOK parties seemed to be willing to compromise on austerity measures—but the far-left Syriza coalition, opposed the restrictions imposed by the bailout. The president will meet with four smaller parties later Sunday.

The Avengers just keeps smashing records. The superhero flick earned $103.2 million this weekend, setting the record for the biggest second-weekend haul. That’s not the only good news: Iron Man, Thor, The Hulk, Hawkeye, and Captain America hit the $1 billion mark in the global box office. Unfortunately for Tim Burton, the Johnny Depp movie Dark Shadows only grossed $29 million in its first weekend. On RottenTomatoes.com, The Avengers has a rating of 93 percent, while Dark Shadows only has 41 percent.