10 Things to Know for Wednesday

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Your daily look at late-breaking news, upcoming events and the stories that will be talked about Wednesday:

1. WHAT OBAMA'S CONCEDING FOR THE FIRST TIME

He acknowledges that Russia is unlikely to surrender control of Crimea — while insisting that the international community will never recognize the takeover.

2. 15-YEAR-OLD STUDY WARNED OF MUDSLIDE

Word of the report prepared for the U.S. Army Corps of Engineers raises questions about why residents of Oso, Wash., were allowed to build homes on the hill and whether officials took proper precautions.

3. WHY FINDING MISSING MALAYSIA JET REMAINS DAUNTING

The search zone has been narrowed sharply — but it's still bigger than Texas and Oklahoma combined.

4. KOREA TEST-FIRES WHAT APPEAR TO BE TWO MID-RANGE MISSILES

Such a launch would be a violation of U.N. resolutions and a big step up from a series of shorter-range rocket launches the North has staged in recent weeks.

5. CAPE COD IN CROSSHAIRS

As yet another winter storm chugs north, the cape and surrounding coastal region are bracing for 70 mph winds and up to 10 inches of snow.

6. PISTORIUS 'LIKELY' TO TAKE STAND AT MURDER TRIAL

Legal experts describe his testimony as critical to give the judge a chance to assess his credibility firsthand.

7. FACEBOOK'S LATEST BIG-MONEY BET

The social networking behemoth is paying $2 billion for Oculus, maker of a virtual reality headset.

8. PAUL WALKER'S PORSCHE GOING 90 MPH WHEN IT CRASHED

Investigators have determined that speed — not a mechanical problem — caused the crash that killed the "Fast and Furious" star.

9. WHO'S SPLITTING AFTER 11 YEARS OF MARRIAGE

Gwyneth Paltrow announces that she and Chris Martin are separating. The couple have two children.

10. NEW KING OF THE BASEBALL HILL

The Dodgers are ending the Yankees' 15-year streak as MLB's biggest spenders with a projected payroll this season of $235 million, an AP study shows.

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