PRESS DIGEST - Washington Post Business - Aug 14

WASHINGTON, Aug 14 (Reuters) - The Washington Post included the following items on the front page of its business section on Aug. 14.

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Large mortgage insurers have reported $2.6 billion in losses so far this year, sparking concerns that rising foreclosure rates could force the industry into a money crunch and ultimately make the home-buying process even more difficult.

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As the violence unfolded between Russia and Georgia during the past week, hackers waged war on another front: the Internet. The Georgian government accused Russia of engaging in cyberwarfare by disabling many government Web sites.

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Dulles, Virginia satellite company GeoEye said it will have to restate its accounting for 2005 through 2007, lowering profit for the period by $31 million.

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