A federal judge has nixed a $285 million settlement between Citigroup and the Securities and Exchange Commission. He said the deal was "neither fair, nor adequate nor in the public interest." The settlement dealt with Citigroup's handling of subprime mortgage debt prior to the financial crisis.
Peaceful voting in Egypt has given the country's stock market a boost. Cairo's market was closed on Monday when the landmark elections started. When trading opened Tuesday, the benchmark stock index surged more than 5 percent.
The long running NBC comedy series The Office is about a group of workers employed by fictitious paper company Dunder Mifflin. The Wall Street Journal reports that an office supply website called Quill.com has struck a licensing agreement with NBC to sell copy paper using the fictitious brand name.
A young Somali-American blew himself up in Somalia last week. The bomber was one of the dozens of young Somalis from the Minneapolis area who traveled to Somalia to join an al-Qaida affiliated group. In Columbus, Ohio, which has the second- largest Somali community in America, there is concern that young Somalis might also travel to join the terror group. That's one reason Columbus police are stepping up efforts to establish ties with the Somali community.
U.S.-Pakistan relations have suffered another blow after NATO airstrikes on the Afghan border left 24 Pakistani soldiers dead. The cross-border attack by NATO aircraft came at a critical juncture in relations. The two nations were just starting to warm up to each other after a year of serious military and diplomatic setbacks.
According to the latest Census figures, the wealthiest Americans saw huge jumps in their income, while the rest had their incomes go down. For a deeper understanding of the wealth gap, Steve Inskeep talks to Tyler Cowen, an economist at George Mason University, and Matthew Yglesias, who writes about economics for the website Slate.com.
The housing crisis has stalled home building but apartment construction is undergoing a bit of a renaissance. There's now a huge pool of people forced to rent because they can't afford to buy a home, or they were a victim of foreclosure. In Denver, there aren't enough apartment vacancies.
The "Marching 100" is the nickname of Florida A&M's band. Controversy surrounds the band after one of its drum majors, Robert Champion, died after a possible hazing incident. The band's longtime director was fired, Champion's family has filed a lawsuit and the school has suspended the band indefinitely.
One of the most consistently liberal voices in Congress will not be returning in 2013. Massachusetts Democrat Barney Frank announced on Monday that he will not seek re-election. Redistricting left Frank facing a tough re-election campaign.
The short animated film Hungry Hobos created by a young Walt Disney starred a rabbit. It was one of about 26 cartoons featuring Oswald the rabbit. Hungry Hobos screened in 1928 but sat on the shelf for decades. It will be sold at auction.
Joe Kapp and Angelo Mosca are former Canadian Football League stars from the 1960s. Last week, the septuagenarians were honored at a lunch. Kapp offered a flower as a peace gesture. But Mosca rejected it and lashed out with his cane. Kapp advanced with his fists, and the ensuing fight was caught on videotape.
The parent company of one of the nation's largest airlines filed for Chapter 11 bankruptcy protection Tuesday morning. AMR Corporation, which runs American Airlines and American Eagle, said that bankruptcy is in the best interest of the companies and its stakeholders. The companies say the Chapter 11 process will enable them to continue conducting normal business operations while they restructure their debts.
In Iran on Tuesday, students and other protesters stormed the British Embassy in the capital Tehran, smashing windows, throwing firebombs and burning the British flag. The crowd had gathered at the embassy to protest new severe economic sanctions imposed by Britain, cutting off all banking with Iran. Renee Montagne talks with Washington Post reporter Thomas Erdbrink, who is in Tehran.
A Northern California program offers a model for how parents can work with their kids to lose weight and keep it off. The approach is remarkably straight forward — and successful.
Secretary of State Hillary Clinton sets off for Asia on Monday, and part of her trip will see her as the first U.S. secretary of state to visit Myanmar — formerly known as Myanmar. Clinton says she's going to Myanmar to test the waters to see how committed the country's new leader is to reforms.