Bear Stearns Cos. is laying off 310 workers and fusing its two mortgage businesses; A report of "massive insider ... (Austin American-Statesman)
NEW YORK �Bear Stearns Cos. said Wednesday it is laying off 310 workers and fusing its two mortgage businesses, after turmoil in the home loan industry contributed to a dramatic slide in the investment bank's profit this summer.

NEWS BRIEFS (The Columbus Dispatch)
NEW YORK Bear Stearns laying off 310 mortgage workers Bear Stearns Cos. said yesterday that it is laying off 310 workers and fusing its two mortgage businesses, after turmoil in the home-loan industry contributed to a dramatic slide in the investment bank's profit this summer.

Ohio Loan Program for Middle-Class (AP via Yahoo! Finance)
With her successful home day-care business buoying her optimism, Shannon Carr signed off on her mortgage and moved into a bigger house in a nicer neighborhood.

340 Complaints Made Against Mortgage Company (WGAL 8 Susquehanna Valley)
News 8 On Your Side continues to follow the story of a local mortgage company that has left hundreds of homeowners scrambling to save their homes.

Business Briefing (Seattle Post-Intelligencer)
Visa gets member approval to restructure before IPO ... Bear Stearns laying off 310, fusing mortgage businesses ... Wal-Mart workers who won suit get $62.3 million more ... Starbucks agrees to post notices about union rights ... Deutsche Bank reports profit despite U.S. mortgage crisis ... plus shipping news and new top officers