Data Missing From Malaysia Airlines Pilot and Other News You Need to Know

Welcome to this morning's edition of "First To Know," a series in which we keep you in the know on what's happening around the world. Today, we're looking at five important stories

• Pro-Russian forces quietly took over the Ukrainian naval base on Wednesday. While no shots were fired, men swept in and raised the Russian flag over the building, the Washington Post reports.

• Malaysia's defense minister said some information had been recently deleted from the home flight simulator of one of the pilots aboard Malaysia Airlines Flight 370, The Wall Street Journal reports. Investigators say they are trying to retrieve the files; the information it contained is still unclear, but the defense minister emphasized the pilot is innocent until proven guilty.

• The Federal Reserve is set to issue plans on Wednesday for its monthly bond buybacks, along with forecasts for interest rates and inflation, The Wall Street Journal reports. Read more...