The Hustle, as it was known, rewarded volume instead of quality for mortgages sold by Bank of America to Fannie Mae and Freddie Mac.

A new issue had arisen between the epic patent infringement battle between Samsung and Apple. A judge has found that Samsung violated a court ordered agreement as to the secrecy of Apple documentation filed on the case.

The highest cost is the back pay for the furloughed employees according the US government data. Ironically, the sixteen day government shutdown and government service interruptions had actually helped the job situation in the United States, not hurt it as earlier expected.

Employment, salaries, automotive and other industries grow after the sixteen day US government furlough.

US manufacturers Remington and Winnebago recently branched out to clothing and accessories, outdoor apparel and camping gear.

SAC's first public statement after pleading guilty was criticized for lack of contrition. SAC Capital Advisors was criticized for its lack of contrition after pleading guilty on four counts of securities fraud and one count of wire fraud.

Depending on their risk interpretation of the current debt situation of JCPenney under new CEO Mike Ullman.

Billionaire investor Wilbur Ross spent USD100 million to acquire vessels hauling dry commodity. Wilbur Ross, billionaire investor and owner of WL Ross &Co.

Intel Corporation acquired e-learning software company Kno. Intel Corporation recently acquired software company Kno. The latter began as a hardware company that later pivoted into producing eTextbooks and eBooks for college and K-12 students and publishers.

Data storage company Box, one of Silicon Valley's highly anticipated IPO candidates, has selected Morgan Stanley, Credit Suisse and JPMorgan Chase & Co to lead a proposed initial public offering, according to three people familiar with the matter.