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JPMorgan Pays $614 Million In Mortgage Lending Fraud Case

The nation's largest bank, JPMorgan Chase & Co., will pay $614 million and improve mortgage lending practices under a deal announced Tuesday to settle claims it approved thousands of unqualified home mortgage loans for government insurance and refinancing since 2002, costing the government millions of dollars when the loans defaulted.
NPR

Lawmakers Look To Prevent More Target-Sized Data Breaches

Target says it's "deeply sorry" for compromising the data of up to 110 million customers. Appearing before lawmakers Tuesday, company executives backed a faster move to encrypted, chip-enabled cards to prevent future fraud.
NPR

More Access To Health Care Means Millions Can Quit Or Cut Hours

A budget report estimates that about 2.5 million people will work fewer hours or not at all by 2023 because under Obamacare, they can get health care without holding down a full-time job. The news immediately became political fodder for critics of the Affordable Care Act.
NPR

The View From Down There: FDA Approves Pill-Cam For Colon Exams

Patients who undergo colon screenings might breathe a little easier now that U.S. regulators have approved a pill containing two cameras. The PillCam Colon is minimally invasive and runs on batteries, its maker says.
NPR

Obama Secures Funding To Help Connect Students To Internet

Apple, Microsoft, AT&T, Verizon, Sprint pledged $750 million in equipment and services. Obama said this is part of an initiative that seeks to connect almost all American students to high speed Internet within five years.
NPR

Case Sheds Light On The Murky World Of Asbestos Litigation

Asbestos lawsuits have bankrupted scores of companies since the 1980s. In one case, a federal judge found that lawyers for people with a rare cancer linked to asbestos misled courts and made evidence disappear. The judge's decision could affect what other companies must pay victims in the future.
NPR

It's Three's Company Now: Microsoft Names New CEO

Satya Nadella is just the third CEO in Microsoft's 39-year history. He's a Microsoft insider tasked with re-energizing the company and making it more relevant in a future likely to be dominated by mobile technology. As Nadella moves into his new role, he will be supported by Bill Gates, who is stepping down as chairman to become more involved with technology development.
NPR

Senate Steps Into The Data Breach Controversy

The Senate Judiciary Committee spent the day looking into recent data thefts at Target and Neiman Marcus. Lawmakers know there is a big problem, but they are struggling with what role the federal government should play is creating new standards to safeguard consumer data.
NPR

Drugmakers And NIH Band Together To Speed Up Research

Ten pharmaceutical companies have agreed to cooperate with the National Institutes of Health in the hunt for new medicines to treat Alzheimer's disease, Type 2 diabetes, rheumatoid arthritis and lupus. All the scientific data produced by the venture will be shared publicly.
NPR

Congress Sends Five-Year Farm Bill To White House

With a vote of 68-32, the Senate approved a sweeping farm bill Tuesday that will set rules and practices for American agriculture. The bill does away with controversial direct cash payments made to farmers under a subsidy system, replacing it with crop insurance.

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