Updated Mar 21, 2018

Authorities find "confession" from Austin bombing suspect

Police and FBI Agents investigate at the Sunset Valley FedEx store in Austin, Texas, which is linked to the package bomb. Photo: Suzanne Cordeiro / AFP / Getty Images

Brian Manley, interim police chief in Austin, Texas, said on Wednesday that authorities found "a 25-minute 'confession'" on Mark Conditt's phone, the Austin bombing suspect, per the Washington Post.

The details: Per Manley, Conditt did not mention terrorism or hatred as his motivation; the phone recording seemed to be "the outcry of a very challenged young man, talking about challenges in his personal life, that led him to this point." Conditt also mentioned all known explosive devices, per the Post.

Earlier on Wednesday, officials said they had been safely removing and disposing of homemade explosives and bomb components in Conditt's home. The suspect killed himself Wednesday morning by detonating a bomb when approached by police.

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European soccer's push to return

A Bundesliga match between Borussia Dortmund and Bayern Munchen in an empty stadium. Photo: Alexandre Simoes/Borussia Dortmund via Getty Images

European soccer made a splash Thursday, with two of its biggest leagues announcing official return-to-play dates in June.

Why it matters: Soccer is the world's most popular sport, so watching its return through the lens of various leagues, countries and cultures — all of which have been uniquely impacted by the coronavirus pandemic — is illuminating.

The corporate bankruptcy wave has just gotten started

Illustration: Sarah Grillo/Axios

Even with trillions of dollars in loans, grants and government support — with markets having absorbed a record $1.22 trillion of corporate debt in just five months — a slew of companies are defaulting on their loans and filing for bankruptcy in what is expected to be a record wave of insolvencies and defaults.

Why it matters: While equity and debt markets have rallied thanks to massive interventions from the Federal Reserve and Congress and excitement about the removal of lockdown orders, the real economy is quietly buckling, with many companies threatened by issues that predate the coronavirus pandemic.

Updated 1 hour ago - Politics & Policy

CNN crew released after being arrested live on air while reporting on Minneapolis protests

CNN's Omar Jimenez and his crew were released after being arrested Friday by Minneapolis state police while reporting on the protests that followed the death of George Floyd, a black man who died in police custody in the city.

What happened: CNN anchors said Jimenez and his crew were arrested for not moving after being told to by police, though the live footage prior to their arrests clearly shows Jimenez talking calmly with police and offering to move wherever necessary.