Rajat Gupta, a man who operated at the top levels of American business, was sentenced to two years in prison on Wednesday. He was convicted of insider trading in a case that grew out of the prosecution of hedge fund manager Raj Rajaratnam, who is now in prison.
Britain's Supreme Court has ruled that anyone who believed they were paid less than colleagues of the opposite sex can sue in civil courts, where the statute of limitations is six years. Until now Britons, like Americans, could only file discrimination cases within six months. The initial case involved 174 former "dinner ladies" and other city employees in Birmingham — but it may have reverberations at private and public sector workplaces.
While federal prosecutors sue Bank of America for its alleged role in the housing crisis, things are looking up for the housing industry. Government numbers out today show that new home sales rose almost 6 percent in September, and that comes on the heels of other promising data out last week on construction activity.
Joining me now to discuss what appears to be a housing recovery is NPR's Yuki Noguchi.