'Nightline' Daily Line, July 5: ABC News Correspondent Caught in Taliban Firefight

10:54 p.m. ET: William Lynch, the 44-year-old California man who admitted he pummeled a Jesuit priest who he said abused him as a boy, has been found not guilty of felony assault and elder abuse charges.

Courtesy of ABC News

The defense's strategy had been to argue to the jury that the wrong man was on trial - that Lynch, not the priest, was the real victim. However, prosecutor Vicki Gemetti urged jurors to focus on the assault.

Read the full story here

8:03 p.m. ET: Muhammad Ali, three-time heavyweight champion of the world, will be awarded the 2012 Liberty Medal in a ceremony this fall at Philadelphia's National Constitution Center.

Courtesy of the AP

"Ali embodies the spirit of the Liberty Medal by embracing the ideals of the Constitution - freedom, self-governance, equality and empowerment - and helping to spread them across the globe," said former President Bill Clinton, chairman of the National Constitution Center.

Read the full AP story here

6:11 p.m. ET: The Air France Flight 447 crash, considered one of the worst aviation disasters in history, could have been avoided, a top-ranking aviation safety expert said.

"Absolutely, this accident didn't have to happen," said William Voss, the president and CEO of the Flight Safety Foundation.

Voss' comments come on the same day that BEA, the French government's official accident investigators, released their final report after a three-year investigation into the crash.

Read the full story HERE.

Credit: Brazilian Air Force/AP Photo

3:52 p.m. ET: DEVELOPING: George Zimmerman was preparing to flee the U.S. with his wife and $130,000 donated by supporters while he was out of jail on bond awaiting his murder trial for the death of Trayvon Martin, a Florida judge wrote today.

Zimmerman, whose bail was raised to $1 million, "was preparing to flee to avoid prosecution, but such plans were thwarted," Judge Kenneth Lester wrote in the bond order released today.

Read the full story HERE

Credit: Getty Images

2:33 p.m. ET: ABC News' Muhammad Lila was reporting from Kalagush, Afghanistan, when he witnessed a firefight between the Afghan National Army and Taliban fighters.

Read his shocking, personal take of what happened HERE.

Credit: ABC News

11:49 a.m. ET: Casey Anthony's attorney Jose Baez is still dropping "bombshell evidence" about the case a year after Anthony was acquitted of murdering her two-year-old daughter.

On the day 2-year-old Caylee Anthony disappeared, someone in her house used the computer to run suicide-related searches, on terms including "foolproof suffocation" and "venturing into the pro-suicide pit," according to Jose Baez.

Read the full story HERE

Credit: Getty Images

10:05 a.m. ET: It was a deadly Fourth of July yesterday.

Three children died in t wo separate electrocution incidents in Missouri and Tennessee.

Three children died and 24 people were rescued after a yacht bringing passengers out to view a Fourth of July fireworks display capsized in the waters off Long Island, N.Y.

Credit: ABC News

And a f reight train has derailed and a bridge over a stretch of road has collapsed in the northern Chicago suburbs.