This Sunday, a presidential election will be held in Honduras. Nine candidates are vying to lead the Central American country. The top two contenders are the candidate from the ruling party that took power in a 2009 coup and the wife of the former president who was deposed in that coup. Crime and the economy are the big issues in a country with the world's highest homicide rate, rampant drug and gang violence, and a government that's mired in debt. NPR's Carrie Kahn reports from the Honduran capital.
Phil's Crummy Corner, a bar in Brooklyn, announced it is raising its drinking age to 25. The restaurant manager told local news site DNA Info that the age limit will only be in place on weekend nights. It's an attempt to keep out loud and rowdy late night crowds.
Consumer advocates are hailing a decision by federal regulators to crack down on so called deposit advances — a type of payday loan offered by some banks. Going forward, banks will not be allowed to let their customers take deposit advances more than once a month, or take them in consecutive months.
The Treasury Department announced on Thursday that the U.S. government will sell its remaining 31 million shares in GM by the end of the year. The government received the stock when it bailed out GM during the financial crisis.