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Former Bank of America workers allege it lied to home owners
ReutersBy Michelle Conlin and Peter Rudegeair June 14 (Reuters) - Six former Bank of America Corp employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments...Tags: Mortgages, Justice System, Target, Banking, Foreclosures
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PIMCO's Gross says Fed won't raise rates significantly
ReutersNEW YORK (Reuters) - Bill Gross, co-chief investment officer of PIMCO and manager of the world's largest mutual fund, said Friday the Federal Reserve is not likely to raise interest rates anytime soon and that he sees intermediate-term Treasuries as an...Tags: Ben Bernanke, Finance, Bonds, Labor Markets, Federal Reserve
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Is it time to quit being nice about what 'NewsHour' has become?
The Baltimore Sun(Updates at end with response from NewsHour) With the word Tuesday that "NewsHour" was shutting down offices and laying off employees, it's time to ask the question: Just how much of the this one-time PBS bedrock is actually left? In fact, let's go a...Tags: Environmental Issues, Ecosystems, NPR, The New York Times, Entertainment
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Wall St. slides in volatile week, eyes on the Fed
ReutersNEW YORK (Reuters) - Stocks fell on Friday on low volume to end their third negative week in four on lingering concern over whether the world's central banks will soon start to trim their stimulus programs. Uncertainty about the longevity of loose...Tags: Chicago Board Options Exchange Market Volatility Index, Music, Japan, American Express Company, NYSE Euronext, Inc.
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U.S. RESEARCH ROUNDUP: American Express,Google, Wells Fargo
ReutersJune 14 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Wells Fargo and Google, on Friday. HIGHLIGHTS * Freeport-McMoRan : Credit Suisse reinstates coverage with outperform...Tags: Canadian Pacific Railway Limited, Casey's General Stores Incorporated, Evercore Partners, Air Products and Chemicals, Inc., Discover Financial Services
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CANADA RESEARCH ROUNDUP: Agrium, Fortis, Lundin Mining
ReutersJune 14 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Agrium and Fortis, on Friday. HIGHLIGHTS * Dorel Industries : BMO cuts price target to C$37 from C$44 * Agrium Inc : National...Tags: Dorel Industries Incorporated, Lundin Mining Corporation, Agrium Incorporated, Global Hunter Corporation, Fortis Incorporated
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Detroit to stop paying some debt, putting it in default
ReutersDETROIT (Reuters) - Detroit said on Friday it would stop making payments on some of its about $18.5 billion debt, which would put it in default, and the "insolvent" city called on most of its creditors to accept pennies on the dollar to help it avoid...Tags: AFSCME, Justice System, Bonds, Financially Distressed Companies, Pension and Welfare
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Microbrewery among redevelopment ideas for 19th century stone building in Martinsburg
matthewu@herald-mail.comA microbrewery was among the most popular redevelopment ideas pitched Friday for the Matthews Foundry, a dilapidated 19th century stone building located in Martinsburg’s historic industrial core. Built before the Civil War, the building at 420 N....Tags: Human Interest, Finance
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Ron Kaye: Water provides a lesson in government
Many government meetings are broadcast live and archived with a vast array of official records posted online. Mainstream media may be on financial life support, but more than half the adult population still reads a newspaper daily, in print or digital...
Tags: Politics, Natural Resource Industry, Finance, Elections, Voting
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California lawmakers pass budget, set aside rainy day funds
ReutersLOS ANGELES (Reuters) - California lawmakers passed a $96.3 billion budget on Friday that would spend more on education, health care and other services while setting aside $1.1 billion from the first surplus in years for a rainy day fund. The spending...Tags: Justice System, Mental Health, Democratic Party, Poverty, Darrell Steinberg
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World Bank cuts growth outlook as world enters 'new normal'
ReutersWASHINGTON (Reuters) - The World Bank cut its outlook for global growth, saying the economy should expand more slowly this year than last as it cited a deeper-than-expected recession in Europe and a recent slowdown in some emerging markets. In its twice-...Tags: Politics, World Bank Group, International Organizations, China, Economic Organization
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Former Bank of America workers allege lies to homeowners
ReutersSix former Bank of America Corp. employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments and documents. The bank allegedly used these tactics to...Tags: Mortgages, Justice System, Target, Banking, U.S. Consumer Financial Protection Bureau
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Reuters
Jun 12, 2013
|Story| Baltimore Sun
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
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Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Herald Mail
Jun 14, 2013
|Story| Glendale News Press
Jun 14, 2013
|Story| Reuters
Jun 12, 2013
|Story| Reuters
Jun 14, 2013
|Story| Reuters