Is President Obama disengaged or pursuing his own unseen agenda?

Bank of America Reaches $17 Billion Settlement

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Bank of America is expected to pay nearly $17 billion to settle U.S. Department of Justice accusations it packaged shoddy mortgages into securities and sold them to investors in the run-up to the financial crisis.

European Brewers Are Hurt in Russia

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Carlsberg and Heineken are being walloped by lower consumer spending in Russia, amid its standoff with the West over Ukraine and after Moscow's recent drive to restrict beer marketing.

Sam Zell, Ex-Partner Face Off in Emerging Markets

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Since an acrimonious split, Sam Zell and his former partner Gary Garrabrant have kept their distance. Now they are preparing to square off on turf they once conquered together: emerging-markets real estate.

Bond Sales in Africa Losing Allure

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African governments are on pace to issue a record amount of bonds in 2014, but global investors' appetite for African bonds may be testing its limit.

GM Sweetens Labor Day Deals

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General Motors announced a new round of discounts heading into the Labor Day weekend, including heftier rebates on many Chevrolet models and deeper discounts on Silverado.

Canadian Judge: Nortel Bondholders Can't Collect Interest

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A Canadian judge has rejected a bid by investors to collect interest on some $4 billion of bonds issued by now-defunct telecommunications company Nortel Networks Corp.

Infineon to Buy International Rectifier

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Infineon said it agreed to buy International Rectifier for about $3 billion in cash, a deal that broadens the German chip maker's semiconductor product offerings.

AT&T's Network to Land on Google's Turf

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AT&T is bringing its GigaPower Internet service to Apple's hometown and a few miles from Google's doorstep in a race to wire the nation with ultrafast fiber optic cables.

Target Lowers Earnings Outlook

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Target cut its outlook for the second time this year as traffic at its stores fell again, even though the discounter ramped up promotions to bring shoppers in.

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