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WASHINGTON/NEW YORK (Reuters) - Bank of America Corp reached a record $16.65 billion settlement with the U.S. government to settle charges that it and companies it bought misled investors into buying troubled mortgage-backed securities, helping the bank close a major chapter tied to the financial crisis.
PARIS (Reuters) - France's rain-hit wheat crop has delivered the first shock of the 2014/15 season: the EU's top grower and exporter is buying Lithuanian and British milling wheat to mix with its unusually poor-grade crop to meet contracts signed before the harvest.
BOSTON/NEW YORK (Reuters) - Fraudsters are targeting JPMorgan Chase & Co customers in an email "phishing" campaign that is unusual because it attempts to collect credentials for that bank and also infect PCs with a virus for stealing passwords from other institutions.
NEW YORK (Reuters) - U.S. stocks rose on Thursday after a flurry of economic data showed an improving economy and as investors awaited the start of a central bankers' meeting in Jackson Hole, Wyoming.
WASHINGTON (Reuters) - Sprint Corp unveiled a plan on Thursday that gives subscribers access to unlimited data for $60 a month, the industry's cheapest unlimited data offering as the carrier attempts to reverse the decline in its subscriber base.
NEW YORK (Reuters) - The U.S. judge who barred Argentina from servicing its debt until it settled with investors demanding full payment on their bonds scheduled a new hearing on Thursday, after the country unveiled plans to sidestep his ruling that led it to default for the second time in a dozen years.
DETROIT (Reuters) - General Motors Co's premium Cadillac group is considering expanding its offices from Detroit to Manhattan, GM said Thursday, as part of an effort to remake the brand's image and broaden its appeal outside North America under new boss Johan de Nysschen.
(Reuters) - EBay Inc is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources.
SEATTLE (Reuters) - U.S. airlines more than doubled their net profit margin in the first half of the year as revenue rose nearly three times faster than costs, trade group Airlines for America said on Thursday.
LONDON/BEIJING (Reuters) - Business growth in China and across Europe slowed this month, surveys showed on Thursday, providing more evidence that the world economy is stuttering and may need more monetary stimulus to keep it going.
"In Adams County and across the state, we need to make it easier for rooftop solar to thrive," Rep. Moreno. [...]
“We’re going to hit the ground running," Hilarie Portell. [...]
"I would have thought we had more cash buyers than the national average," Gary Bauer. [...]
“Cities are not just a collection of places," Brad Buchanan. [...]
"Inventory levels are still low," Chris Mygatt. [...]
"If you get sued... you will pay a lot more than the commission you paid a real estate agent to represent you," Dan Polimino [...]
“The inventory environment continues to improve,” RE/MAX. [...]
“Some people will enjoy the density and value this will bring to the neighborhood, and some will dread the increased traffic and lack of parking,” Ty Johnston. [...]
Shown is the living room in a home in Cherry Hills that sold for $3.775 million in July.
Buyers snapped up a total of luxury [...]
“The first-time home buyer market is just not there,” Anthony Rael. [...]