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7 Banks Subpoenaed In Libor Investigation

Authorities have been investigating London's interbank interest rate. Earlier this summer, Barclays was fined by U.S. and U.K. officials to settle charges of manipulating the rate. The latest subpoenas come in a probe by state regulators in New York and Connecticut.

Persuading Banks To Give Homeowners A Break

Over the past four years, Bruce Marks has been on a traveling road show to help people avoid foreclosure. He says his nonprofit, the Neighborhood Assistance Corporation of America, has helped more than 200,000 people get their payments lowered so they can afford to keep their homes.

Amid Budget Squeeze, N.Y. Sells Nursing Homes

In upstate New York, county officials are scrambling to sell off nursing homes that have been taxpayer-funded for generations. Horace Nye Nursing Home in Elizabethtown, N.Y., was part of a wave of privatizations in rural counties across the state.

Low Ratings Force CNN To Find A New Direction

CNN's ratings have hit record lows. The company is still making money thanks to its international presence, but U.S. viewers would rather watch its more opinionated competitors at MSNBC and Fox News. TV critic Eric Deggans of the Tampa Bay Times says CNN should shake things up.

Klout Reworks Online Scoring Formula

The company says it can measure your online influence by using a special algorithm. It has just reworked the way it calculates influence. As it turns out, President Obama now has a higher score than Justin Bieber.

Athletes Use Olympics, Web Followers To Up Deals

Renee Montagne talks to Emily Steel of the Financial Times about Olympic athletes turning gold — into gold. When securing big-money endorsements, it's not just the medals that count, it's the followers and friends, too.