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The mortgages were originated as part of a program nicknamed the “hustle,” which linked bonuses to how fast bankers could originate loans.
WASHINGTON (AP) — A former IRS official at the heart of the agency's tea party controversy called Republicans "crazies" and more in newly released emails.Associated Press
The expected iPhone 6 and iWatch may not be the only big things down the pike for Apple.Talking Numbers
MOSCOW (AP) — U.S. and European sanctions against Russia's energy and finance sectors are strong enough to cause deep, long-lasting damage within months unless Moscow persuades the West to repeal them by withdrawing support for Ukrainian insurgents.Associated Press5 mins ago
In the last year, the S&P 500 delivered 17% and cash investments delivered 1%. Which would you rather have? In a Bankrate study, millennials said they'd rather have the cash. The Mutual Fund Store's Senior Vice President of Investments Andy Smith joins Simon Constable on the News Hub to discuss.…WSJ Live
A new research report from Cowen suggests that some of the senior gold miners are looking to make acquisitions now and will make the play to acquire some of the undervalued developers.24/7 Wall St.
HCA Holdings Inc. (HCA), the largest for-profit hospital chain, yesterday raised its forecast and reported a 6.6 percent drop in uninsured patients at its 165 hospitals, a reduction that grows to 48 percent in four states that expanded Medicaid, a top initiative of the Patient Protection and…Bloomberg
The string of digits presented on the front of...Business Insider
WASHINGTON (AP) — Republican senators blocked an election-year bill Wednesday to limit tax breaks for U.S. companies that move operations overseas.Associated Press
Biotech giant Amgen Inc. said it would lay off up to 2,900 employees and close facilities in Washington state and Colorado, as the Thousand Oaks company moved to reign in expenses and focus on new drugs....Los Angeles Times
Morgan Stanley plans to raise junior banker...Business Insider
Investors are selling their junk bonds. Why there's not enough reward these days for the risk.WSJ Live
These are the top analyst upgrades, downgrades and initiations from Wall Street firms for Tuesday, July 29, 2014. They include AcelRx, Alcoa, Costco, Lululemon, Walmart and Trulia.24/7 Wall St.
Stock trader Mark Cook, winner of the 1992 U.S. Investing Championship, sees a bear market coming within 12 months, writes Michael Sincere.MarketWatch
Airbus on Tuesday said it has cancelled a $2.2 billion deal with Skymark Airlines for the purchase of six A380 superjumbos, reportedly over concerns about payment. The Airbus announcement came hours after Skymark said it was locked in "difficult" talks with the European aircraft manufacturer about…AFP
The wave of companies relocating overseas has shown that any path to lower taxes will be well trodden, and so it goes for turning businesses into tax-friendly real estate investment trusts.The Wall Street Journal
Under fire from investors over how much it pays its top brass, technology giant Oracle appears to have slashed by more than half the annual stock options it awards CEO Larry Ellison and some of its other ...San Jose Mercury News
Sirius XM has released its second-quarter earnings, showing that revenue grew and has crossed the $1 billion mark. The company even lived up to its buyback plans.24/7 Wall St.