State and federal regulators have hailed Tuesday's $13 billion settlement with JPMorgan Chase & Co. over faulty mortgage assets it sold in the years leading up to the financial crisis as a big victory for the judicial system.
But like other big settlements to emerge from the financial crisis, the deal leaves unclear just what the bank did wrong.
Composer Benjamin Britten was born 100 years ago today, and the occasion is being marked by performances of his music around the world, from Carnegie Hall in New York to Memorial Hall in Tokyo.
Britten was a central figure of 20th-century classical music: He was a conductor, pianist and festival producer, as well as a composer. His best-known works include the opera Billy Budd, his War Requiem and The Young Person's Guide to the Orchestra.
On Thursday, the Senate passed a historic rules change. Invoking the so-called "nuclear option," Senate Democrats used a rare parliamentary procedure to limit the power of the filibuster — a key method often used by minority parties to check the majority. Now, a simple majority vote will be required to confirm presidential nominees, rather than the 60-vote super-majority once necessary to bypass the filibuster.
While international relief efforts in the Philippines are in high gear, efforts by the Philippine government have been hampered. There are bitter rivalries among the country's political clans. And two major political families - including that of the president - are sparring over the response to the disaster. NPR's Anthony Kuhn has that story.