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GAO: Pentagon violated law with Bergdahl swap

Posted: 08/21/2014 - Congressional investigators say the Pentagon violated the law when it swapped five Taliban leaders for Army Sgt. Bowe Bergdahl, who was held prisoner in Afghanistan for five years.

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Militants asked $132.5 million ransom

Posted: 08/21/2014 - A U.S. official says the Islamic State militants who beheaded American journalist James Foley in Syria had demanded $132.5 million -- or 100 million Euros-- in ransom for his release.

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US launches more airstrikes in Iraq

Posted: 08/21/2014 - U.S. aircraft are continuing their assault on Islamic State militants in Iraq, conducting six airstrikes overnight to help solidify Iraqi and Kurdish forces' efforts to retake and maintain control of the Mosul Dam.

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Officials: U.S. rescue mission in Syria failed

Posted: 08/20/2014 - Senior Obama administration officials say the U.S. military launched a secret mission earlier this summer to rescue a number of Americans held captive by militants in Syria

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CEO: kidnappers threatened Foley's life last week

Posted: 08/20/2014 - The chief executive officer of a Boston-based media company says James Foley's kidnappers last week threatened to kill him in response to U.S. bombings in Iraq.

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Bank of America reaches $17 billion settlement with US

Updated: 08/20/2014 - Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.

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Holder: 'Change is coming' after police shooting

Posted: 08/20/2014 - U.S. Attorney General Eric Holder is meeting with college students as part of his trip to Missouri stemming from a white police officer's fatal shooting of an unarmed black 18-year-old.

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US official: More airstrikes in Iraq

Posted: 08/20/2014 - A U.S. official says American fighter jets and drones conducted nearly a dozen airstrikes in Iraq since Tuesday, even as Islamic State militants threatened to kill a second American captive in retribution for any continued strikes.

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