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Former KPMG Partner Scott London: I Got About $70,000 in Kickbacks

cnbc.com — London said he believes the case began after he talked about work during "discussions at dinner and so forth" with his former friend and golfing buddy Bryan Shaw. "I might say something casual about a certain client, and the individual may have traded on that, unbeknownst to me."
Scott London's 1st TV interview as he preps to plead guilty in KPMG insider trading case. Explains how scandal began. cnbc.com/id/100822499
RT @CNBC: Exclusive: Fmr. KPMG partner Scott London says he plans to plead guilty to insider trading in first-ever interview. http://t.co/E…

America Falls Behind in Creating Rich Entrepreneurs

cnbc.com — In the Asia-Pacific region, 57 percent cited business sale or profit as a source of wealth-far more than in the U.S. South Africa (68 percent) and Latin America (58 percent) were also higher. So is America losing its entrepreneurial mojo? There is some evidence that entrepreneurial activity is flagging.
RT @robtfrank: U.S. losing entrepreneurial mojo? 21% of U.S. millionaires are entrepreneurs vs 57% in Asia, 58% in LatAm. http://t.co/5XO1A…
U.S. losing entrepreneurial mojo? 21% of U.S. millionaires are entrepreneurs vs 57% in Asia, 58% in LatAm. cnb.cx/12Ee99C

Apple Got Up to 5,000 US Data Requests in 6 Months

cnbc.com — Apple received over the last six months between 4,000 and 5,000 requests for customer data from U.S. law enforcement authorities relating to criminal investigations and national security matters, the company said on Monday. Microsoft and Facebook Inc published similar data last week after reaching a deal about disclosures with U.S.
RT @CNBC: Apple received up to 5,000 U.S. data requests from U.S. law enforcement in the last 6 months: cnb.cx/13U88SD $AAPL

Emerging Markets Could Snap Back, If Fed Cooperates

cnbc.com — Emerging markets may have taken a vicious battering on fears the Federal Reserve may soon remove the easy money punch bowl, but a turnaround in sentiment could be as equally dramatic should the U.S. central bank move to soothe some of the jitters this week.
Why emerging markets could bounce this week, if Bernanke moves to calm tapering fears cnbc.com/id/100822713 @CNBC

Be Your Own Brewmaster, One Drop at a Time

cnbc.com — Just drops of OnTap will lend a craft-beer taste to any domestic light lager, according to CEO Solie Swan. One bottle of OnTap, which retails at $3.99, can change the flavor profile of 18 standard 12-ounce beers. "It's roughly a third cheaper" than the average craft six-pack, Swan said.

Maria's Market Insight: Good Rally on Wall St.

cnbc.com — Data is a real-time snapshot *Data is delayed at least 15 minutes Market Data Terms of Service Global Business and Financial News, Stock Quotes, and Market Data and Analysis © 2012 CNBC LLC. All Rights Reserved

Fed Meets as Faith in Its Bond Purchases Wanes

cnbc.com — The difference in opinion over whether the Fed's program is still helpful in lowering rates is understandable given the depth of the uncertainty about the program in financial markets, and the unease over when and how the Fed may begin to pare back on its $85 billion in monthly purchases.

Facebook's Instagram May Be Getting Videos Soon

cnbc.com — Facebook may announce a video feature to its photo-sharing app Instagram at an event it is hosting on Thursday. The company has not responded to CNBC's request for comment, but according to TechCrunch, the company is planning to show off the new product, which will allow users to share short video via Instagram.

Bank of America Paid Bonuses to Foreclose: Lawsuit

cnbc.com — Bank of America routinely denied qualified borrowers a chance to modify their loans to more affordable terms and paid cash bonuses to bank staffers for pushing homeowners into foreclosure, according to affidavits filed last week in a Massachusetts lawsuit. "We were told to lie to customers," said Simone Gordon, who worked in the bank's loss mitigation department until February 2012.
Borrowers claim Bank of America paid its employees extra to reject l#mortgage modifications, push #foreclosures fw.to/WvSJMVT $BAC
New lawsuit claims Bank of America paid cash bonuses to bank staffers for pushing homeowners into foreclosure. bit.ly/18RQKop

London Speaks For First Time

cnbc.com — Data is a real-time snapshot *Data is delayed at least 15 minutes Market Data Terms of Service Global Business and Financial News, Stock Quotes, and Market Data and Analysis © 2012 CNBC LLC. All Rights Reserved

JetBlue Frequent Flier Points No Longer Expire … Ever!

cnbc.com — Robert Nickelsberg | Getty Images Hate having your hard-earned frequent flier points expire before you're able to use them? JetBlue Airways announced Monday that points earned in its TrueBlue program will never expire. And "never" means with no strings attached or fine print that gives the airline a way to deactivate points.
RT @CNBC: JetBlue Airways announced that frequent flier points earned in its TrueBlue program will never expire: cnb.cx/14GpUvj $JB…

Tale of the Taper: Bernanke's Official Line Key to Market

cnbc.com — However, this is a delicate moment: Bernanke may be pleased that certain bubbles have deflated and rates have risen modestly, but this could easily get away from him. The Fed is even more allergic to volatility and anxiety: most traders think Bernanke will reiterate any tapering of bond purchases will be data dependent, but in a way that is a bit more forceful.

Home Builder Confidence Soars to 7-Year High

cnbc.com — Andrew Harrer | Bloomberg | Getty Images For the first time in over seven years, the nation's home builders are feeling solidly confident about the housing market. A monthly sentiment index from the National Association of Home Builders jumped eight points in June to a reading of 52.
RT @diana_olick: Sales and sales expectations soar among home builders, but buyer traffic still negative? tinyurl.com/n66vgsz
Sales and sales expectations soar among home builders, but buyer traffic still negative? tinyurl.com/n66vgsz

The Incredible Shrinking Rally

cnbc.com — Data is a real-time snapshot *Data is delayed at least 15 minutes Market Data Terms of Service Global Business and Financial News, Stock Quotes, and Market Data and Analysis © 2012 CNBC LLC. All Rights Reserved
Many thanks to all for questions. Tried to answer them in this CNBC interview. video.cnbc.com/gallery/?play=…

$100 for a Cronut? Chef to Crack Down on Scalpers

cnbc.com — The line forms early outside Dominique Ansel Bakery for a Cronut. ( Read More: Cronut Mania Spawns Imitators and a Trademark Rush) It accepts only five deliveries per weekday, probably because bakery owner Dominique Ansel just lowered the sale limit to two per customer in an effort to ward off schemes just like this one.
No Cronut scalping: Chef to Crack Down on Scalpers - some cronuts being scalped for $100. via @Tracy_Saelinger cnb.cx/16c4tRY