A jury has found William Balfour guilty of killing three members of Grammy-award winning singer Jennifer Hudson's family.
Balfour, Hudson's ex-brother in law, was found guilty on all three counts of first-degree murder for the 2008 shooting deaths of Hudson's mother, brother and 7-year-old nephew. The Chicago Sun-Times adds that he was also convicted of "home invasion, aggravated kidnapping, residential burglary and possession of a stolen motor vehicle."
JPMorgan Chase is licking its wounds after announcing that it lost at least $2 billion in a hedging strategy that went terribly wrong. The announcement late Thursday sent the bank's shares tumbling more than 9 percent on Friday.
Meanwhile, regulators on both sides of the Atlantic have begun looking into what happened. And there were calls Friday for tighter restrictions on the kind of trades the bank engaged in.
On Saturday, presumptive Republican presidential nominee Mitt Romney will deliver the commencement address at Liberty University, the nation's largest evangelical university. The speech will be attended by nearly 35,000 people, and it will give him a chance to win over a huge constituency that, up until recently, has been lukewarm about his campaign.
Boston Red Sox left fielder Cody Ross looks down during a seven-run third inning against the Baltimore Orioles at Fenway Park on May 5. The Red Sox trail their division, losing 11 of their last 12 home games.
Carroll Shelby was a race car driver; he was a racing team owner, a chili entrepreneur. He survived a liver transplant and a heart transplant. But perhaps the thing that most people will remember him for is his automotive creations, especially the Shelby Cobra.
The first truly competitive presidential election in Egypt's history is just two weeks away. The campaign has sparked lively interest around the country, as the candidates appear at campaign rallies and on televised talk shows. The election is also the major topic of conversation in many Egyptian living rooms.
A story about Mitt Romney's behavior in high school has his campaign in the defensive. The Washington Post has published a long story that details incidents of bullying by Romney when he was a senior at the Tony Cranbrook boys prep school in Michigan. Five former classmates spoke about an incident when Romney led a posse that targeted a student with long bleached-blond hair, tackled him, pinned him to the ground and hacked off his hair as he cried and screamed for help.