While denying it did anything wrong, Bank of America announced this morning it will pay "$2.43 billion and institute certain corporate governance policies ... to settle a class action lawsuit brought in 2009 on behalf of investors who purchased or held Bank of America securities at the time the company announced plans to acquire Merrill Lynch."
Friday morning quarterbacks seem to be unanimous in saying that having a "regular" crew of officials back on the field for Thursday night's NFL game between the Baltimore Ravens and Cleveland Browns made an immediate — and positive — difference.
Citing "severe disciplinary violations" connected to his wife's murder of a British businessman and other allegations of corruption, the Communist Party of China today expelled once prominent politician Bo Xilai and turned him over to "judicial organs" for prosecution, the state-controlled Xinhua News Agency reports.
A young boy in Canada wondered where butterflies go in the winter — and spent 40 years trying to answer that question.
In 1973, Dr. Fred Urquhart — all grown up by then — placed an ad in a newspaper in Mexico looking for volunteers to tag and observe butterflies and find their destination. A woman named Catalina Aguado and her American husband, Kenneth Brugger, answered that ad. They spent two years searching in remote parts of Mexico.
"This is something we see on the news in other parts of the country, not here," Minneapolis Deputy Police Chief Kris Arneson said Thursday night as her department began investigating why a man apparently walked into a sign company, killed at least four people and then took his own life.
One of the most important seats in the battle for control of the U.S. Senate is in Wisconsin, where Democrat Herb Kohl is retiring. Early polls showed popular former Gov. Tommy Thompson might easily flip the seat to the GOP, but he's now trailing Democratic Rep. Tammy Baldwin. It's a race that's going down to the wire in this almost evenly divided state.
European finance ministers have asked Spain if it might need a few bucks to tide it over - in particular, $125 billion to prop up failing banks. The Spanish government is expected to announce today how much of that sum it will need.
Shoring up banks is one step Spain is taking to prevent economic collapse. Another step is to slash more than $50 billion dollars in spending.
Lauren Frayer reports from Madrid on Spain's new budget, unveiled last night.
This weekend, professional golf becomes a team sport. The Ryder Cup pits the United States against Europe. Instead of green jackets and million dollar checks, players compete for country. Today, the Americans will try to take back the cup at Medinah Country Club in Illinois. And joining us from the course, is Christine Brennan, sports columnist for USA Today.