  |  | | (Reuters) - The governing body of U.S. college sports on Monday banned Penn State University from post-season football bowl games for four years, fined the school $60 million and imposed other sanctions in an unprecedented punishment for not taking action after being alerted to child sex abuse by former assistant coach Jerry Sandusky. | |  |   |  | | AURORA, Colo. (Reuters) - President Barack Obama met with friends and family of the Colorado movie theater shooting victims on Sunday as the town of Aurora mourned the 12 who died. | |  | | | EDINBURG, Texas (Reuters) - A pickup truck jammed with suspected illegal immigrants crashed into a tree along a rural Texas highway on Sunday, killing 11 passengers and injuring 12 others, police said. | |  | |  |  | | CHICAGO (Reuters) - Rain will fall early this week in the northern U.S. Midwest, with from 1 to 2 inches expected across a broad parched swath of corn and soybean land roughly north of Interstate 80, an agricultural meteorologist predicted Monday. | |  | |   |  | | (Reuters) - They included a sandwich maker, a cryptography expert, college students and a property appraiser. Some loved wrestling, others sportscasting, or visiting the zoo. | |  | |   |  | | CHICAGO/WASHINGTON (Reuters) - As a gay black man growing up in Chicago's infamous Cabrini Green public housing project, Arick Buckles knows first-hand how the stigma of HIV can keep people infected with the virus from seeking treatment. | |  | | | LONDON (Reuters) - An open-ended round of quantitative easing that could be adjusted to suit economic conditions should be considered if the Fed launches a fresh round of monetary stimulus, a top policy official in the Federal Reserve said in an interview with the Financial Times. | |  | | | WASHINGTON (Reuters) - Bernerd Young has waited more than two years for a final decision from U.S. securities regulators about whether he will be charged over his role as compliance officer at the brokerage owned by convicted Ponzi schemer Allen Stanford. | |  |   |  | | NEW YORK (Reuters) - Grain prices are soaring as the Midwest corn belt suffers its worst drought since 1956, but that doesn't mean grocery bills are about to jump. | |  | |   |  | | (Reuters) - The National Collegiate Athletic Association on Monday banned Penn State University from post-season bowl games for four years, fined the university $60 million and imposed other sanctions in an unprecedented punishment for its inaction when officials were alerted to child sex abuse by former assistant coach Jerry Sandusky. | |  | | |  |  |  | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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