In today’s top news, Wells Fargo & Co. has reached a $175 million settlement to resolve race discrimination probe, NAACP officials claim the only applause heard during Mitt Romney’s speech came from Black ringers and “Made in China” Team USA uniforms draw heavy criticism from U.S. lawmakers and activists.

Wells Fargo & Co. has reached a $175 million settlement to resolve allegations of lending discrimination. [BET]

NAACP officials claim that the only applause heard during Romney’s speech came from Black ringers invited by the candidate. [The Grio]

Rep. Jesse Jackson Jr.’s staff revealed that the congressman has a “mood disorder.”  [BET]

“Made in China” U.S. Olympic team uniforms are criticized by U.S. lawmakers and activists. [USA Today]

A federal race discrimination lawsuit has been filed against retail chain Wet Seal. [NYT]

Rashard Lewis and Ray Allen, former Seattle Sonics teammates, are back together again as both join the Miami Heat. [Miami Herald]

A prominent Ethiopian journalist and blogger was recently sentenced to 18 years in jail after criticizing the country’s anti-terrorism legislation. [BBC]

Over 100 Nigerian’s have died while trying to retrieve oil from a fuel tanker that had crashed and then exploded. [BBC]

The only abortion clinic in Mississippi will remain open. [CNN]

Hackers who posted the passwords of over 450,000 Yahoo users warn the site: “take this as a wake up-call, and not as a threat.” [NYT]