Morning Scan: BofA Settlement Talks Reportedly Stall; Expedia Accept...

Receiving Wide Coverage ...

BofA Settlement Deadlock: Negotiations between Bank of America and the Justice Department have stalled as the parties attempt to settle a lawsuit over mortgage-backed securities sold by Merrill Lynch, which B of A acquired during the financial crisis, according to the New York Times. The usual anonymice told the paper the Justice Department wants the Charlotte, N.C.-based bank to pay roughly $17 billion to resolve the lawsuit over securities that later soured....