Follow LA Observed on Twitter here
Several new organizations say that the Egyptian president has agreed to transfer power, either to the vice president or the military. He's supposed to make a speech later today.
*Here's the Al Jazeera English feed. State TV reports that Egyptian Army officials are meeting to discuss taking over government.
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.