Samsung's heir apparent will spend 5 years in prison, most Americans spend too much on housing, and more news.

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Samsung
Vice chairman and heir apparent Jay Y. Lee was found guilty of bribery, perjury, and embezzlement, and will spend 5 years in prison. His crimes contributed to the ousting of South Korean president Park Geun-hye.

Housing
Devoting 30% of pre-tax income on housing costs is considered the standard for affordability, but most Americans are spending nearly 40% on housing costs. And 1 in 4 renters spends more than half their income.

Aetna
Accidentally revealed the HIV status of patients in a mailing sent out to 12,000 people. The letter was placed in an envelope with a transparent window, large enough for personal patient information to be visible.

Quote
I'm not complacent or arrogant enough to say it won't affect jobs. It will.
Padmasree Warrior, CEO of NIO, on automation


Daily Top Headlines:
Animation: Lucy Clinch
Script: Katie Carroll, Lorraine Lee
Art: Jacqueline Zaccor
Producer: Florencia Iriondo