Tea Party champion and conservative Minnesota congresswoman Michele Bachmann formally announces her bid to run for president in 2012. [HuffPo]
Supreme Court rules California can't ban the sale or rental of violent video games to minors as such a law would be unconstitutional. [LATimes]
L.A. Dodgers file for Chapter 11 bankruptcy protection, owe $21 million to Manny Ramirez and over $11 million to Andruw Jones among other debts. [KTLA]
I don't know how I'm supposed to sleep at night knowing that Kim Kardashian and fiancé Kris Humphries set a wedding date but won't reveal when it is. [PE]
Citigroup estimates Australian coal and iron tycoon Gina Rinehart will soon surpass Carlos Slim and Bill Gates to become the wealthiest person in the world. [Telegraph]