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  • The bank will be criminally charged with two violations of the Bank Secrecy Act, but will receive a deferred prosecution under the agreement.
  • The Obama administration warns that the situation looks ugly for the department under the sequester. But for now, the most alarming claims — that prosecutors will drop cases and criminals will walk free — seem to be just that: alarms.
  • Richard Turere, 13, put his father's cows in a pen at night. That's when the trouble would start. Lions would jump in the shed and kill the farm animals. One night he was walking around with a flashlight and discovered the lions were scared of a moving light. A light went on inside him and an idea was born.
  • The key players in Washington seem unable even to define the terms around the debate, much less find a way to stop the automatic government spending cuts set to begin Friday. So today, we're taking a deeper look at the words of President Obama and House Speaker John Boehner
  • Missouri's governor held back $400 million in spending. A Kansas judge blocked parts of a new abortion law. And the Sprint-Softbank-Clearwire triangle…
  • The Federal Reserve's policy group says that "a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the asset purchase program ends."
  • Australia's Prime Minister is replacing a deeply unpopular carbon tax with a less-severe emissions trading scheme, in a bid to lower people's electric bills ahead of a tight national election.
  • Also: Infiltrating Jane Austen summer camp; Cengage files for bankruptcy; Stephen Fry reads Oscar Wilde.
  • When the jet came to a rest, passengers were first instructed to stay put. It was another 90 seconds or so before the evacuation order was given. Investigators say pilots sometimes feel it's safer to wait for emergency personnel to arrive. But when pilots realize there's a fire, there's no choice but to get out.
  • There have been nagging questions about whether nitrous oxide during surgery raises the risk of heart attacks and other problems. Now, there's some reassurance, though no definitive answer, from a study that looked at the widely used anesthetic.
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