CNN Money: Top business headlines for June 25

NEW YORK, NY (CNN) - CNN Money's Maribel Aber has the latest business and financial news for Wednesday, June 25.

Testimony: Arvest Bank was Jim Bolt's biggest victim

A surprising victim has emerged in the fraud case against Jim Bolt of Rogers: Arvest Bank. The Fayetteville-chartered bank had to make good on a guarantee it issued when Bolt fraudulently claimed $1.9 million in assets held as unclaimed by the state of California, testimony in federal court revealed Monday.

AT&T, DirecTV claim merger would lower prices

AT&T and DirecTV's chief executives rushed up to Capitol Hill Tuesday to sell their proposed $48.5 billion merger, contending that it would expand bundled pay-TV and Internet options for more customers and keep the companies competitive in the rapidly evolving business.

Gap sees job applications jump after wage-raise pledge

Gap Inc. (GPS)'s pay pledge has gotten the attention of job seekers. After announcing plans in February to increase hourly wages to $10 by 2015, employment applications at the Gap and Old Navy chains have surged by at least 10 percent from a year earlier, the San Francisco-based company said yesterday.

World Cup winner: Buffalo Wild Wings

One of the biggest beneficiaries of Americans' newfound love of soccer is Buffalo Wild Wings. Americans are picking up beers and wings to watch football -- the World Cup kind. And unlike the Super Bowl, the World Cup goes on for a month, providing lots of opportunities for sports fans to buy cheap wings.


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