Mark Memmott

The news Friday from the site of South Korea's ferry disaster includes word that:

-- "At least 185 passengers had been confirmed dead, with 117 others still missing." (Yonhap News)

Saying that "the tense geopolitical situation between Russia and Ukraine" could accelerate the already heavy flow of money coming out of Russia, Standard & Poor's on Friday cut that nation's credit rating to just above "junk" level.

What's more, S&P says it doesn't expect things to improve anytime soon:

In case you missed it, much is being made of what happened Thursday at the White House when a 10-year-old girl stepped forward at a take-your-children-to-work event with first lady Michelle Obama to say:

"My dad's been out of a job for three years and I wanted to give you his résumé."

High up on the Nepalese side of Mount Everest, fresh ice avalanches on Friday made it "almost certain that no one will summit the world's highest mountain from Nepal during this year's climbing season," Reuters writes.

The crisis in Ukraine showed no signs of cooling Friday. Harsh rhetoric was flying:

-- "Ukrainian Prime Minister Arseny Yatseniuk accused Russia on Friday of wanting to start World War III by occupying Ukraine 'militarily and politically,' " Reuters reports.

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