This week, JPMorgan Chase agreed to a $13 billion settlement with the Justice Department over the sale of faulty mortgage securities that led to the financial crisis. It's the largest settlement with a single company in U.S. history.
From that settlement, $4 billion must go to help the millions of families who saw the values of their homes plummet and who still struggle to keep up with mortgage payments.
After a fierce bidding war, FX spinoff cable network FXX won the rights to make all seasons of TV's longest-running scripted show, The Simpsons, available for online streaming. It may be the largest TV syndication deal ever. Anthony Breznican, a senior writer at Entertainment Weekly, says the deal shows how networks are trying to capitalize on the "binge watching" trend. The deal gives FXX the right to air more than 500 episodes of The Simpsons, now in its 25th season on Fox.
In Afghanistan, a grand assembly of some 2,500 tribal elders, politicians and civil society elites are meeting to decide whether to approve a security agreement with the United States. Approval by the grand assembly, called a loya jirga, would be in addition to the OK of the Afghan government. But as U.S. Secretary of State John Kerry has noted, the agreement can't go forward without the backing of the Afghan people. The security agreement would allow as many as 9,000 U.S. troops to remain in Afghanistan after the current NATO mission ends next year.