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The federal probe of the ratings agency, a unit of Moody's Corp , comes as the Justice Department nears a settlement with Standard & Poor's Ratings Services, a unit of McGraw Hill Financial Inc , over similar conduct, the Journal reported. Justice Department officials could not be immediately reached for comment by Reuters on Sunday. Former Moody's executives and Justice Department officials have been meeting to discuss ratings of complex securities prior to the 2008 financial crisis, the Journal reported.
CAIRO (AP) — A reporter for Al-Jazeera English was released from an Egyptian prison and deported Sunday after more than a year behind bars, but his two Egyptian colleagues remained jailed in a case widely condemned as a sham by human-rights groups.