German tax authorities are investigating Citigroup over its use of a "dividend stripping" strategy, which allowed both the buyer and seller of a stock to claim the tax credits. (Reuters)
A court in southern Russia finds Ukrainian pilot Nadiya Savchenko guilty of being complicit in the killing of two Russian journalists, killing civilians and illegal border crossing and is sentenced to 22 years in prison and a fine of 30,000 rubles. Savchenko denies all the charges and the Ukrainian government said that they would continue to press for her release. (Radio Free Europe/Radio Liberty)
A federal judge postpones Tuesday's hearing at the government's request. The FBI says a third party demonstrated a way to access Syed Rizwan Farook'siPhone. Melanie Newman, U.S. Department of Justice spokeswoman, says officials are cautiously optimistic a test of this method will allow access to the phone without compromising the data. (NPR)(ABC News)
Brazil PresidentDilma Rousseff says she will not resign under any circumstances because she hadn't committed a crime, and equated a bid to impeach her to a coup d'état against democratic rule. A congressional impeachment committee has started hearings. Rousseff could be suspended if the Chamber of Deputies approves the motion to impeach. The president urged the Supreme Court to remain impartial in this political crisis. (Reuters)(Yahoo! News)
Sport
Indian Wells (California) CEO and tennis tournament director Raymond Moore resigns following reactions of outrage, including by top-ranked Serena Williams and retired legend Martina Navratilova, to his comment that top-level women's players rode "on the coattails of the men" and were "very, very lucky" to have equal prize money. This is the event's second controversy involving female players. Serena and her sister Venus boycotted the tournament (also known as the BNP Paribas Open) until 2015 following verbal abuse directed toward the sisters in the 2001 open. (Reuters)(AFP via The Economic Times)(Time)