- Three
years after the passage of the Dodd-Frank financial regulation
bill, regulators have
approved the so-called “Volcker Rule,” which will limit banks
from certain kinds of investments and relationships with private
equity firms and hedge funds. - Kathleen Sebelius
announced an inspector general will review the botched
Obamacare website rollout, and promised to keep trying to improve
the site. - The NSA’s collection of Internet data could
cost up to $35 billion in lost business for Silicon Valley,
according to a new think-tank study. Google’s
opened its first two data centers in Asia; basing one in
Singapore and the other in Taiwan. - Former Phoenix police officer Richard Chrisman
entered a guilty plea for manslaughter for shooting and killing
Danny Rodriguez during a domestic violence call in 2010, avoiding a
retrial on the charges. He faces up to fourteen years in prison. In
the deal with prosecutors, a charge of animal cruelty Chrisman
faced, for killing Rodriguez’s pitbull, will be dropped. The former
cop also faces up to fifteen years for an assault charge he was
convicted of related to the incident. - A man who says his confession was tortured out of him by the
Chicago Police Department had his conviction overturned yesterday,
and was
released from prison after thirty years behind bars. - Japan’s new defense plan
calls for an amphibious marine unit and the deployment of
surveillance drones. - More than 200,000 people have signed
up for four slots in a possible one-way mission to Mars planned
for 2025 by Mars One.
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