DealBook: Bank of America Raises Its Settlement Offer

The bank and federal prosecutors have accelerated their negotiations to resolve an investigation into the bank’s sale of toxic mortgage securities before the financial crisis.



via NYT > Business Day http://ift.tt/1ttZgTY

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Business Briefing: Kellogg Profit Falls 16% on Sluggish Cereal Sales

The movement by dieters away from calorie-counting, for instance, has hurt Special K, which over the years expanded to include snack bars, crackers and frozen waffles.



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