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• Source: NY, California to sign mortgage settlement
  ALBANY, N.Y. (AP) -- New York and California have agreed to sign the proposed settlement between U.S. states and the nation's biggest mortgage lenders over foreclosure abuses, according to a source close to the negotiations....
• Bailout talks hit snag over pension cuts
  ATHENS, Greece (AP) -- Crucial talks to discuss austerity cuts in Greece broke down after eight hours Wednesday as leaders of the three parties backing the country's coalition government failed to agree to demands from international creditors for substantial cuts to state and private pensions....
• News Corp 2Q beats Street despite hacking charges
  LOS ANGELES (AP) -- Rupert Murdoch's News Corp. said Wednesday that net income grew by nearly two-thirds in the final quarter of 2011, despite expenses related to ongoing phone hacking investigations of its U.K. newspaper unit....
• Stocks rally from early losses to close higher
  NEW YORK (AP) -- Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt....