- Obama military downsizing leaves U.S. too weak to counter global threats, panel finds
- Sen. Tom Coburn vows to slow down budget-busting bills ahead of recess
- Obama fantasizes about more executive power, signs new order on federal contractors
- Clintons call Klein, Halper, Kessler ‘a Hat Trick of despicable actors’: report
- Boehner accuses Obama of ‘legacy of lawlessness’
- Pro-marijuana group claims responsibility for Brooklyn Bridge flag swap
- Young adults shun Obamacare mostly due to cost: survey
- Stabbing attack on transgender girl, 15, was ‘bias motivated,’ police say
- LGBT adults still lean overwhelmingly toward Democratic Party
- Lawmakers rattled by Syria genocide horrors, call on Obama to act
ECONOMY BRIEFS: Contracts to buy homes hit 2-year high in July
Question of the Day
The case, filed in late 2007, was one of the first major lawsuits related to the toxic investments that fueled the financial crisis in 2008. It’s also among the biggest proposed settlements of any crisis-related case.
In a statement, the bank said it is “pleased to put this matter behind us.” It called the proposed settlement “a significant step” toward resolving the reams of litigation it faces as a result of the financial crisis.
Samsung reveals new Galaxy Note II
NEW YORK | Samsung is announcing a new version of the Galaxy Note, an offbeat, oversized smartphone that’s become a surprise hit.
Samsung, the world’s largest maker of phones, is revealing the Galaxy Note II at a trade show in Berlin. The 5.5-inch screen is narrower but longer than on the first version. The processor is faster, and the software has been further adapted for the included stylus — the phone’s signature feature.
From wire dispatches and staff reports
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