Morning Scan: Apple Jumps into Payments; Senate Talks Tough

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Paying with Apple: He may not be egotistical like Steve Jobs was, but Tim Cook at least took a stab at making a huge boastful statement. "We've created an entirely new payment process" Cook, Apple's CEO, said at the launch of the iPhone 6 on Tuesday. This statement was made notwithstanding the fact that many of the iPhone's new payments features have already been introduced by others. The new iPhone will be...