Your daily look at late-breaking news, upcoming events and the stories that will be talked about today (all times EDT): 1. PENN STATE REPORT WILL DRAW SCRUTINY The results of Penn State's internal investigation into the Jerry Sandusky scandal will be released in a report that may answer many troubling questions. 2. WHAT JOE BIDEN WILL TELL BLACK VOTERS The vice president will offer a rebuttal to Mitt Romney and defend President Obama's record before the nation's largest civil rights organization. 3. DICK CHENEY LENDS STAR POWER TO ROMNEY The former vice president is hosting a fundraiser for the likely Republican nominee at a mountain valley resort and a private dinner at his Wyoming home. 4. US, CHINA SQUARE OFF OVER MARITIME CLAIMS The Obama administration presses China to accept a code of conduct for resolving territorial disputes in the South China Sea. 5. COMMON CHILDHOOD ILLNESS RAGES ACROSS ASIA A menacing form of hand, foot and mouth disease is causing high fever, brain swelling, paralysis and respiratory shutdown in some children. 6. MORE US HOMES ON FORCLOSURE PATH IN JUNE Banks are increasingly placing homes with unpaid mortgages on a countdown that could deliver a swell of new foreclosed properties onto the market by early next year. 7. WHY AN INCREASE IN YOUNG ADULTS WITH COLLEGE DEGREES IS DISAPPOINTING The small rise in college completion reported by the Education Department is still well below the pace needed to reach President Obama's goal of having the U.S. rank first worldwide in college graduates. 8. THIRD CALIFORNIA CITY SEEKS BANKRUPTCY PROTECTION San Bernardino officials couldn't pay vendors, making bankruptcy the only feasible option to keep the city from shutting down. 9. BOB DYLAN, PBS HISTORIANS IN GUITAR DISPUTE The network's "History Detectives" claims woman has the historic Fender Stratocaster used at the Newport Folk Festival in 1965, but a lawyer says the singer still has it. 10. SAUDI ARABIA TO SEND FEMALE ATHLETES TO THE OLYMPICS Two officials tell the AP that the ultraconservative Muslim kingdom will for the first time send two women to the London Olympics.
10 Things to Know for Thursday
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FILE - In this Aug. 6, 1999, file photo, Penn State football coach Joe Paterno, right, poses with his defensive coordinator. Jerry Sandusky, during the college football team's media day in State College, Pa. Former FBI director Louis Freeh, who led a Penn State-funded investigation into the university's handling of molestation allegations against former assistant football coach Jerry Sandusky, is scheduled to release his highly anticipated report Thursday, July 12, 2012. (AP Photo/Paul Vathis, File)
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U.S. Secretary of State Hillary Rodham Clinton, second left, speaks with Chinese Foreign Minister Yang Jiechi during their meeting on the sideline of the ASEAN regional forum at Peace Palace in Phnom Penh, Cambodia, Thursday, July 12, 2012. At left is U.S. Assistant Secretary of State for East Asian and Pacific Affairs, Kurt Campbell. (AP Photo/Brendon Smialowski, Pool)
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A girl cries while villagers line up to wait for a medical check-up for children outside Kuntha Bopha children's hospital in Phnom Penh, Cambodia, Wednesday, July 11, 2012. The enterovirus 71 strain, or EV-71, raised fears earlier this week after it was detected in some lab samples taken after 52 of 59 Cambodian children died suddenly from a mystery illness that sparked international alarm. Health officials are still investigating, but say the virus is likely to blame. (AP Photo/Heng Sinith)
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