WASHINGTON (AP) — The Justice Department and JPMorgan Chase & Co. have reached agreement on all issues in a $13 billion settlement of a civil inquiry into the company's sales of low-quality mortgage-backed securities that collapsed in value in the financial crisis, a person close to the talks said late Monday.
Twenty-seven people, most of them returning from a wedding, were killed in Egypt when a train ploughed into a mini-bus and a truck at a railway crossing early Monday, the health ministry said. The head of the Egyptian Railway Authority said the drivers of the vehicles had ignored warning lights and chains blocking entry to the crossing, and tried to go across the tracks. "The bus stormed the crossing, according to initial reports," Hussein Zakaria told state television. Egypt's rail network has a poor safety record stemming largely from lack of maintenance and poor management.