Dead money
The US Department of Agriculture improperly paid $36 million in aid to 6,336 dead people, according to government auditors who recommended stronger safeguards.
5C on its way
Apple’s low-cost, iPhone with a plastic cover, rumored to be called the iPhone 5c, will soon be released on the market, according to a new report from a group that infiltrated a factory in China.
Slots not so hot
Casino operator Caesars posted a smaller loss, but results still missed expectations, as slots and tables drew fewer gamblers. Shares were little changed after hours at $15.48.
Homes retreat
Contracts to purchase previously owned US homes fell in June, retreating from a more than six-year high and suggesting rising mortgage rates were starting to dampen home sales.
Amazon jobs
Online retailer Amazon says it is adding 7,000 full-time jobs in 13 states, beefing up staff at the warehouses where it fills orders, and in its customer service division.