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  • E*Trade posts profit as costs fall Wednesday, 23 Jul 2014 | 4:08 PM ET

    July 23- Discount brokerage firm E* Trade Financial Corp reported a quarterly profit that narrowly beat estimates due to lower costs and as the company set aside less money to cover bad loans. E* Trade reported net income of $69 million, or 24 cents per share, in the second quarter ended June 30, compared with a net loss of $54 million, or 19 cents per share, a year earlier.

  • NEW YORK, July 23- U.S. stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on bullish results from Apple, though Boeing dragged on the Dow and conflicts in Ukraine and the Gaza Strip kept the broader market's gains in check. The Dow Jones industrial average fell 26.91 points or 0.16 percent, to end unofficially at 17,086.63.

  • NEW YORK, July 23- Standard& Poor's said on Wednesday it had raised New York state's debt rating by one notch, putting it just under a top investment grade, due to the state government's stronger budgeting practices.

  • 5 tips for selling your home for the best price Wednesday, 23 Jul 2014 | 4:00 PM ET

    LOS ANGELES— The rebound in U.S. home values over the past couple of years has placed many homeowners in a better position to sell their home for a profit. "The most important thing in pricing and getting your house sold fast is to do your homework," said Michael Corbett, a real estate expert at Trulia, a housing information and listing website.

  • Figures on government spending and debt Wednesday, 23 Jul 2014 | 4:00 PM ET

    WASHINGTON— Figures on government spending and debt.

  • CHICAGO, July 23- OSI Group, the U.S.-based meat supplier at the center of a new food safety scandal in China, on Wednesday admitted to problems at a plant in Shanghai that have cost the company business with top fast-food chain Yum Brands Inc..

  • SAFT ON WEALTH-New money fund rules keep illusions alive Wednesday, 23 Jul 2014 | 3:59 PM ET

    The Securities and Exchange Commission on Wednesday adopted new rules aimed at forestalling runs on money market funds, notably one which will force' prime' institutional funds to allow their value to float.

  • NEW YORK, July 23- The U.S. dollar rose to eight-month highs against the euro on Wednesday as worries over tougher sanctions on Russia and their potential impact on fragile euro zone growth weighed on the single currency. Further escalation of tensions between Russia and Ukraine could weigh further on the euro if more trade sanctions are enforced on Russia.

  • Soybeans bounce off lowest prices since 2010 Wednesday, 23 Jul 2014 | 3:57 PM ET

    Soybeans rose 19 cents to settle at $10.77 a bushel. Wheat rose 6 cents to $5.31 a bushel and corn added 3 cents to $3.71 a bushel. Mike Zuzolo, president of Global Commodity Analytics, said those forecasts helped nudge prices up Wednesday because many farmers planted their soybeans late in the season, which makes them more susceptible to changing weather.

  • Mayor: 6 potential buyers for Revel casino Wednesday, 23 Jul 2014 | 3:52 PM ET

    ATLANTIC CITY, N.J.— Atlantic City's mayor said Wednesday there are six potential buyers for the Revel Casino Hotel, which is up for sale next month at a bankruptcy auction. However, a deed restriction as part of the sale from Caesars Entertainment to a Florida firm prohibits the building from being used again as a casino.

  • NEW YORK, July 23- The U.S. Department of Transportation on Wednesday proposed new safety rules for hauling crude oil by rail after a string of explosive accidents, in a move that could impact railroads, drillers, refiners and railcar makers amid an energy boom.

  • FCC Chairman Tom Wheeler has sought to establish himself as a strong defender of consumer interests who would punish ISPs whose business practices may hurt consumers or competition.

  • July 23- The U.S. Securities and Exchange Commission has approved a new brokerage industry rule to ban dispute settlements between securities firms and investors that require investors to agree to erase complaints from brokers' public records.

  • CALGARY/ VANCOUVER, July 23- Talisman Energy Inc shares rose more than 12 percent on Wednesday as it confirmed it has been approached by Spain's Repsol SA about potential deals, raising the prospect that one of Canada's largest independent oil companies will sell off major assets or be taken over.

  • WASHINGTON, July 23- U.S. regulators and 15 states announced a wave of lawsuits on Wednesday against law firms and mortgage assistance companies they said have scammed borrowers since at least 2011 by falsely promising home loan modifications and other foreclosure relief.

  • Bundesbank chief urges Britain not to quit European Union Wednesday, 23 Jul 2014 | 3:30 PM ET

    *Weidmann says Britain gets economic lift from EU membership. LONDON, July 23- The head of the Bundesbank appealed to Britain on Wednesday to stay in the European Union, saying membership of the bloc had given the country an economic lift and posed little threat to London.

  • NEW HAVEN, Conn., July 23- A former Jefferies Group Inc managing director convicted of defrauding investors who traded mortgage bonds through a government program established after the 2008 financial crisis was sentenced on Wednesday to two years in prison.

  • FDA warns of compounded drug recall by Texas firm Wednesday, 23 Jul 2014 | 3:25 PM ET

    WASHINGTON— The Food and Drug Administration warned doctors Wednesday not to use compounded drugs from a Texas specialty pharmacy due to potential risks of contamination. The agency says FDA inspectors recently uncovered unsanitary conditions at Unique Pharmaceuticals' plant in Temple, Texas.

  • No quick decision seen on tougher EU sanctions on Russia Wednesday, 23 Jul 2014 | 3:19 PM ET

    But the downing last week of a Malaysia Airlines plane over eastern Ukraine, killing 298 people, jolted the EU into action. Foreign ministers for the first time this week singled out sectors of the Russian economy that the EU might target with sanctions in protest at Moscow's actions in eastern Ukraine.

  • WASHINGTON, July 23- A top official will leave the U.S. Commodity Futures Trading Commission to become the head of a banking group 10 days later in a spin through the revolving regulator-to-lobby-group door that is striking even by Washington standards.