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Global stocks bolstered by US earnings, home sales

LONDON (AP) — Markets were steady Wednesday as the focus turned toward U.S. corporate earnings and as tensions between Russia and the West over the downing of a Malaysian jetliner in Ukraine eased.
Russian ties, trade lie behind EU sanctions rift

By Robin Emmott BRUSSELS (Reuters) - Germany and Italy have most to lose if the European Union makes good on its threat to impose harsher sanctions on Moscow, while Britain's overseas territories are soaking up the lion's share of capital streaming out of Russia. The picture emerging from United Nations and European Union data shows the impact of restricting trade with Russia would be far from even, with Germany dwarfing others' exposure and those urging sanctions loudest, such as Sweden, having less at stake. Wary of antagonizing its main gas supplier, the EU has used travel bans and asset freezes so far in reaction to Russia's annexation of Crimea and support for separatists in Ukraine.
Senate panel backs McDonald for VA secretary

Veterans Affairs Secretary nominee Robert McDonald of Ohio flanked by Sens. Sherrod Brown, D-Ohio, left, and Rob Portman, R-Ohio, right, listen during a Senate Veterans' Affairs Committee hearings to examine his nomination to be Secretary of Veterans Affairs on Capitol Hill in Washington, Tuesday, July 22, 2014. (AP Photo)WASHINGTON (AP) — A Senate panel on Wednesday endorsed former Procter & Gamble CEO Robert McDonald to be the new secretary of the Department of Veterans Affairs.



Agents get subsidized 'Obamacare' using fake IDs

WASHINGTON (AP) — Undercover investigators using fake identities were able to secure taxpayer-subsidized health insurance under President Barack Obama's health care law, congressional investigators said Wednesday.
SEC poised to end $1 a share for some money funds

FILE- In this Dec. 17, 2008 file photo, the Securities and Exchange Commission (SEC) headquarters in Washington is shown. Regulators are expected to vote Wednesday July 23, 2014 to end a longtime staple of the investment industry _ the fixed $1 share price for money-market mutual funds _ at least for some money funds used by big investors. (AP Photo/File)WASHINGTON (AP) — Regulators prepared to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors.





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