The Pentagon announced plans on Friday to beef up missile defense along the West Coast, in part to defend against the threat from North Korea. The Pentagon plans on adding 14 interceptor missiles to a base in Alaska, supplementing the 30 that are already there.
The Securities and Exchange Commission said it has obtained the largest settlement ever in an insider trading case. Two affiliates of the hedge fund SAC Capital Advisors have agreed to pay $614 million to settle charges of participating in insider trading schemes. The SEC alleged that a portfolio manager at one of the firms obtained confidential details about an Alzheimer's drug trial from a doctor who was presenting final results to the public.
A deputy editor for social media at Reuters has been indicted by the Justice Department for helping the hacker group Anonymous gain illegal access to the Tribune Company's servers. During the period in question, Matthew Keys had just been fired from a Tribune-owned TV station.
For the first time, Boeing has laid out in detail the changes it plans to make in the Dreamliner 787's lithium ion battery. The company now believes the 787s will be back in service in a "matter of weeks."
For years, the Big East conference has been an elite force in men's college basketball. That ends this weekend. Realignment has dramatically transformed the Big East, as major powerhouse teams are moving on to other conferences.
Audie Cornish talks to reporters Marin Cogan and Karin Tanabe about the pop-culture stereotype of the female political reporter who trades sex for access. The Netflix show House of Cards inspired Cogan to write an article in The New Republic, condemning the trope. She says female reporters are actually much more likely to be sexually harassed by the men they cover than to try to seduce them. Her former colleague Tanabe agrees — but her new novel nonetheless has an affair between a reporter and a senator as a central storyline.
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