A.M. Links: Obamas Hold Assets Worth Up to $7 Million, Nintendo Faces Patent Lawsuit, Jupiter Storm Shrinking

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  NASA/ESA

  According to financial disclosure forms, President Obama and the First Lady hold assets worth between $2 and $7 million, mostly in Treasury bonds.

• Philips is suing Nintendo over alleged patent infringements and seeking to get sales of the Wii U banned in the U.S.
• Donald Sterling threatened to sue the National Basketball Association if it doesn't rescind a lifetime ban and $2.5 million fine levied against him.
• In India's elections the Hindu nationalist Bharatiya Janata Party won decisively, setting up Narendra Modi to be the country's next prime minister.
• Researchers at the University of Reading blame increasing thunderstorms on climate change high-energy solar wind.
• New images from the Hubble Telescope show Jupiter's Giant Red Spot shrinking.

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