Krishnadev Calamur

FIFA has banned its former executive committee member Chuck Blazer from taking part in any aspect of soccer for life.

JPMorgan Chase will pay $136 million in penalties to the Consumer Financial Protection Bureau and states to settle charges that it used illegal tactics to target delinquent credit card borrowers.

Here's what the CFPB says Chase did:

"The CFPB and states found that Chase sold 'zombie debts' to third-party debt buyers, which include accounts that were inaccurate, settled, discharged in bankruptcy, not owed, or otherwise not collectible."

Wednesday's computer-related problems on the New York Stock Exchange that halted trading for more than three hours was not a one-off.

A raid at the home of Subway pitchman Jared Fogle has led to both sides agreeing to suspend their relationship, and put a spotlight on Fogle's ties to the former head of a foundation he created to fight childhood obesity.

Federal and state authorities removed electronics from Fogle's home in suburban Indianapolis in a raid Tuesday, but refused to discuss the nature of the investigation. Fogle's attorney said he was cooperating, adding the Subway pitchman had not been arrested or charged with anything.

Malaysian authorities have frozen six bank accounts in connection with an investigation into nearly $700 million allegedly transferred into Prime Minister Najib Razak's bank accounts.

The Wall Street Journal, which reported last week on the alleged transfers, cited "a person aware of the probe" saying at least one of the frozen accounts belonged to Najib.

Jerry Weintraub, the legendary producer behind such hits as The Karate Kid and Ocean's Eleven, died Monday in Santa Barbara, Calif. He was 77.

The cause was cardiac arrest, according to Rogers & Cowan, the PR firm.

Weintraub began his career as a talent agent for MCA in the 1950s, representing clients such as Jack Paar. He then became a leading concert promoter, handling acts like Elvis Presley and Bob Dylan. His first production venture was Robert Altman's Nashville, which garnered five Academy Award nominations.

Updated at 7:10 p.m. ET

Comedian Bill Cosby testified in 2005 that he obtained the sedative Quaalude with the intent of giving the drug to women with whom he wanted to have sex, and he acknowledged giving it to at least one woman.

Updated at 5:26 p.m. ET

President Obama has warned that the campaign against the so-called Islamic State "will not be quick" as he cited gains made in Iraq and Syria by the coalition fighting the militant group.

"This will not be quick," Obama said at the Pentagon. "This is a long-term campaign."

Reddit CEO Ellen Pao has apologized to users of the popular website reddit, citing a "long history of mistakes" that resulted in an insurrection last week in which moderators shut down many of the site's most popular sections to protest the dismissal of a key figure in the site's popular r/IAmA section.

Here's part of Pao's apology that was posted on the site Monday:

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