Citigroup CEO Vikram Pandit is stepping down. In a statement released Tuesday morning, he said the time was right for someone else to take the helm. Pandit, who is 55 years old, took the top spot at Citi in December of 2007, just as the financial crisis was beginning to unfold.
The U.K. has denied extradition to the United States for a computer hacker who is accused of breaking into military systems. British authorities say they feared he would commit suicide. The U.S. sought Gary McKinnon's extradition in relation to an incident 10 years ago.
Cuba has announced it will lift travel requirements and allow Cubans to travel freely in and out of their country. It's the first major change to the travel restrictions that were laid down over half a century ago.