A federal judge nixed a $285 million settlement agreement between Citigroup and the Securities and Exchange Commission involving a major financial case. U.S. District Court Judge Jed Rakoff said the proposed agreement is "neither far, no reasonable, nor adequate, nor in the public interest." Under the deal, Citi would have settled charges that it misled investors in mortgage debt prior to the collapse of the housing market. Rakoff has been a persistent critic of the SEC's oversight of Wall Street. Guy Raz talks to NPR's Jim Zarroli for more.
Egyptian voters in Cairo, Alexandria and several other major cities are voting Monday in the first stage of the country's parliamentary election. Turn out is heavy and so far there has been no major violence. Melissa Block talks to NPR's Lourdes Garcia-Navarro.
Millions of voters go to the polls in the Democratic Republic of Congo Monday in only the second election in its history. The mood in the country is tense. The current president Joseph Kabila is deeply unpopular, but many in Congo believe he will go to any lengths to hold onto power. Melissa Block talks to NPR's Ofeibea Quist-Arcton.
Urban Meyer, who led the Florida Gators to two national football championships, will indeed be taking the head coaching job at Ohio State, according to reports from The Columbus Dispatch, ESPN and several other news outlets. There's a news conference at the school scheduled for 5:15 p.m. ET.
Originally published on Mon November 28, 2011 12:41 pm
There's no need for 18-year-old Emma Sullivan to apologize and his staff overreacted by telling officials at her high school that the teen had tweeted about how the governor "sucked," Kansas Gov. Sam Brownback (R) said today.
Shoppers stormed retail stores this past weekend, and now on Cyber Monday, many are clicking their way to more purchases.
"I am definitely a price-based shopper," said Sarah Kelly, a 28-year-old Washington, D.C., resident who bought a KitchenAid mixer Monday morning as a holiday gift. She also bought shoes, clothes and other presents after waking early to search for online coupons and shipping offers. "I only purchase if the shipping is free," she said.