Dirty Money: Standard Chartered, the British bank, has agreed to pay New York's top banking regulator $340 million to settle claims that it laundered hundreds of billions of dollars in tainted money for Iran and lied to regulators, The New York Times reports.
Airwaves: Verizon Wireless and Comcast Corp.have agreed in principle with U.S. antitrust officials to limit joint ventures as a condition for buying airwaves from cable companies, making it likely the deal will be approved early next month, Bloomberg reports.
No Removal: Starting Wednesday, people who arrived in the United States as children and without documentation can apply to work without fear of deportation, the director of U.S. Citizenship and Immigration Services said Tuesday, CNN reports.
Bad Loans: Government-owned Fannie Mae and Freddie Mac are stepping up efforts to find bad home loans that they can force mortgage lenders to buy back from them, providing an increasingly bigger headache to banks. Reuters reports.
Mistrial: A judge is poised Wednesday to again decide whether to cut short former police officer Drew Peterson's murder trial - the third time in as many weeks he is giving serious consideration to declaring a mistrial after a blunder by prosecutors, the Associated Press reports.
Corn v. Soccer: A Potomac farmer won a round in court after a county Circuit Court judge yesterday put a hold on school board plans to turn the land into soccer fields, the Washington Post reports.
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