NEWPORT BEACH, Calif. — When is failing 70% of the time good? Aside from batting averages, it’s also a positive for innovation, according to Kayak.com Chairman Terry Jones.

The NCUA and Vensure FCU continue to slug it out in court. The NCUA contends Vensure had long questionable history. Vensure counter charged that NCUA conserved it out of embarrassment.

At press time, the House Financial Services Committee was close to passing a bill extending the National Flood Insurance Program for five years and three bills to make changes to the structure of the Bureau of Consumer Financial Protection.