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  • California's San Bernardino County says seizing troubled properties would allow those homeowners to refinance their loans. Critics say the plan, if implemented, will be bad for business and could dissuade banks from making future loans in the county.
  • The Republican presidential candidate has been hit with questions about his overseas investments all week. Mitt Romney's American lawyer and government officials in Bermuda are steering clear of the subject. But experts say, if you had the money, you'd do it too.
  • For the first time since a big trading loss rocked the company, JPMorgan reports its quarterly earnings Friday. Among other things, the bank says how much it lost in the failed hedging strategy it disclosed in May.
  • The Summer Olympics games begin two weeks from Friday in London. It's expected the winners list will look something like this: Team USA will take the most medals, followed by China and then Russia. But China will take the most gold, followed by the U.S.
  • YouFace is the name of a new social networking site that aims to lure local Internet users away from Facebook, and "boost patriotism among young people in Uzbekistan."
  • The ancient desert town of Timbuktu is under assault in the west African nation of Mali. Islamist forces have taken over much of northern Mali where Timbuktu is located. One group, allied with al-Qaida, has begun systematically destroying Shrines that celebrate ancient Muslim saints. Human Rights Watch Senior Researcher Corinne Dufka talks to Renee Montagne about the destruction.
  • Fifty Shades of Grey, the biggest phenomenon in publishing right now, began as a work of fan fiction based on the Twilight books. Now, author E.L. James is taking the series to the ultimate fans: attendees at this year's San Diego Comic-Con.
  • We now know that U.S. Treasury Secretary Tim Geithner pointed out problems with the way London's key interest rates were set. He did this in 2008, in the midst of the financial crisis. At the time, Geithner was the head of the New York Federal Reserve. Barclays has agreed to pay U.S. and U.K. to settle charges the bank manipulated that interest rate.
  • Former U.N. Secretary-General Kofi Annan, who has been trying to broker a ceasefire in Syria, says he is "shocked and appalled" by the reports. Activists say the town of Tremseh has been attacked by government tanks and helicopter gunships.
  • Bank CEO Jamie Dimon says "all of our client-driven businesses had solid performance" and that "we have put most of this problem behind us."
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