Bank of America is offering about 200,000 homeowners a chance to wipe out a big chunk of their mortgage debt. The offers are part of the settlement Bank of America and other major banks reached with state and federal regulators earlier this year, and it's one of the biggest principal forgiveness opportunities so far.
Pakistan's Supreme Court has issued a judgment against the country's prime minister - again. The court had already ruled against Prime Minister Yusuf Reza Gilani for blocking a corruption investigation. Now, the judges have released details of their ruling, giving 77 pages worth of reasons why they found the prime minister in contempt of court. Let's remember this conflict is taking place in a vital, if troubled, U.S. ally.
NPR's Julie McCarthy joins us on the line from Islamabad, as she has so many times over the years. Hi, Julie.
The arguments for growth policies as opposed to austerity are taking center stage in Europe after the French and Greek elections.
His rhetoric aside, France's President-elect Francois Hollande is not rejecting austerity. In fact, he pledged to balance France's budget by the end of his five-year term, just one year later than his opponent, outgoing President Nicolas Sarkozy.
Americans routinely buy all sorts of insurance — for cars, homes, health and even pets and boats.
But when it comes to long-term-care insurance, relatively few sign up. Out of more than 313 million Americans, only about 8 million have any such protection, according to the American Association for Long-Term Care Insurance. The low participation rate largely reflects the high cost of long-term-care insurance.
Facebook started what's called a "road show" this week, pitching itself to potential big investors across the country. It's one of the last steps before a company goes public — which Facebook reportedly plans to do next Friday.
But that pitch has to be very carefully calibrated — as you can tell from all the warning language that precedes it on Facebook's road show website.
Business executives and national security leaders are of one mind over the need to improve the security of the computers that control the U.S. power grid, the financial system, water treatment facilities and other elements of critical U.S. infrastructure. But they divide over the question of who bears responsibility for that effort.
The disagreement stands as an obstacle to passage of major cybersecurity legislation backed by Sens. Joe Lieberman of Connecticut and Susan Collins of Maine, among others.
Indiana University soccer star Orianica Velasquez is on a mission — to get to the London Olympics with Colombia's women's soccer team. And she wants to send a message about the country where she was born.
"My dream is to get a medal for Colombia," she says, adding that she wants to show the world "it's just not violence, it's just not drugs — we can play soccer and we can do great things because we have great people there."