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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