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Yahoo earnings soar on Alibaba windfall

Yahoo’s third-quarter earnings soared as the Internet company collected a huge windfall from Alibaba’s recent initial public offering. Revenue also rose slightly from the previous year, a welcome change for a company that has been posting quarterly dec…

Mortgage firm Ocwen accused of abuses

One of the nation’s largest servicers of home loans may have denied struggling borrowers the chance to fix loan problems and avoid foreclosures, New York’s financial regulator has alleged.