In New York, yesterday, a federal judge rejected a settlement of a fraud case involving Citigroup. The Securities and Exchange Commission, which brought charges against the bank, had agreed to the $285 million deal. But Judge Jed Rakoff said he didn't believe the settlement was in the public interest. NPR's Jim Zarroli reports.
Another college campus is facing a scandal. A criminal investigation is under way at Florida A&M University in Tallahassee. It comes after the death of a drum major who was in the school's marching band. Allegations that the 26-year-old man died because of hazing have shaken a group many consider one of the best university bands in the nation. Florida Public Radio's Lynn Hatter reports.
LYNN HATTER, BYLINE: The first thing people associate with the Florida A&M University band is the sound.
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 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.
According to the latest Census, 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.
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.
Because of the ability to cheaply process terabytes of information, companies can analyze all kinds of things that weren't possible before, like Decide.com's price prediction tool that exposes the surprising volatility of consumer electronic prices.
What do Facebook, Groupon and biotech firm Human Genome Sciences have in common? They all rely on massive amounts of data to design their products. Terabytes and even zettabytes of information about consumers or about genetic sequences can be harnessed and crunched.
Former Massachusetts Gov. Mitt Romney has been unofficially running for president for the better part of five years, and in that time, he has been asked about immigration over and over again. Now some of his rivals are arguing that his answers to the question have been inconsistent. And the issue blew up last week at a CNN debate on national security.
Former House Speaker Newt Gingrich said someone who has lived peacefully in the United States for many years with a family, a community and a job should have an opportunity to become a legal permanent resident.