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Investors shed tech, biotech stocks

Investors shed tech, biotech stocksNEW YORK (AP) — Wall Street's cool kids have been booted from the lunchroom.

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US stocks waver ahead of Fed decision

US stocks waver ahead of Fed decisionNEW YORK (AP) — The stock market was in a wait-and-see mode Wednesday ahead of the results of the Federal Reserve's first policy meeting under its new chair, Janet Yellen. Technology stocks struggled after Oracle reported earnings and revenue that fell short of what investors were expecting.

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Online security flaw exposes millions of passwords

SAN FRANCISCO (AP) — An alarming lapse in Internet security has exposed millions of passwords, credit card numbers and other sensitive bits of information to potential theft by computer hackers who may have been secretly exploiting the problem before its discovery.... Read more...

So Fannie and Freddie Weren't the Problem

So Fannie and Freddie Weren't the ProblemWe are learning just how much mortgage fraud was committed by 18 national and international banks and other financial entities that the Federal Housing Finance Authority (FHFA) originally sued to recover some $200 billion in losses to the GSEs that it regulates, Fannie Mae and Freddie Mac. And today Credit Suisse Bank announced that it had settled with the FHFA and agreed to pay $885 million in damages for misrepresenting the quality of its

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Implant shocks patient's spines, restores partial use of paralyzed limbs

Implant shocks patient's spines, restores partial use of paralyzed limbsRemember that spinal implant that helped a paraplegic man walk (albeit in a harness) back in 2011? It's now been tested on three more partially paralyzed patients -- and it's working. The original device was a 16-electrode array that emitted small pulses of electricity to the spine, simulating the brain's natural impulses. With intensive therapy and training patients have been able to regain limited control over their paralyzed

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KCG paid chief executive Coleman $10.4 million for 2013

KCG paid chief executive Coleman $10.4 million for 2013By John McCrank NEW YORK (Reuters) - Trading firm KCG Holdings awarded its chief executive, Daniel Coleman, $10.4 million in 2013, the year in which the company was formed by the $1.4 billion takeover of Knight Capital Group by rival Getco, according to a regulatory filing. Coleman, who had been CEO of high-speed trader Getco, earned a salary of $500,000, with the remainder of his earnings in stock and options awards, as well as a $700,000 cash

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