| Wed,27 Jul 2011 09:25 PM PDT Reuters -  | |
 CHARLOTTE, North Carolina (Reuters) - Visa Inc's quarterly profit rose by 40 percent, and the world's largest payment processor said it would introduce a new fee structure for U.S. merchants. | |
 NEW YORK (Reuters) - The hotel maid who accused former International Monetary Fund Managing Director Dominique Strauss-Kahn of sexually assaulting her met with prosecutors on Wednesday for several hours to discuss details of the case. | |
 NEW YORK (Reuters) - MERS, the electronic mortgage registry that faces multiple investigations for its role in thousands of problematic foreclosure cases, changed its rules to lower its profile in court-supervised foreclosures. | |
 TOKYO (Reuters) - Sony Corp stuck with its full-year profit forecast after slashing its outlook for TV sales, confident that other units will perform better than earlier anticipated to offset additional losses in the unit. | |
 SEOUL (Reuters) - South Korea's Hyundai Motor outperformed its rivals as it reported a consensus-beating 37 percent rise in quarterly profit on Thursday, fueled by strong U.S. sales of popular new models. | |
 ZURICH (Reuters) - Swiss bank Credit Suisse said it would cut about 2,000 jobs as it reported second-quarter net profit that missed expectations, dented by weak trading activity and the strong Swiss franc. | |
| Lawmaker probing if Treasury meddled in S&P rating Wed,27 Jul 2011 05:09 PM PDT Reuters - WASHINGTON (Reuters) - A congressional panel is examining whether the Obama administration tried to unduly influence Standard & Poor's before the credit rater revised its outlook on the debt rating to negative. Full Story | |
 LONDON (Reuters) - James Murdoch faces the board of BSkyB on Thursday and questions over whether his role in a phone-hacking scandal leave him a fit chairman of the satellite broadcaster his father's company tried to buy. | |
 OSLO (Reuters) - Police are increasingly certain that mass killer Anders Behring Breivik acted alone, but are leaving no stone unturned in the hunt for collaborators as they try to close one of the bloodiest chapters in Norway's history. | |
 WASHINGTON/DETROIT (Reuters) - The Obama administration has reached a compromise with automakers on a new fuel economy target for cars and trucks, ending months of negotiations on this pivotal mandate for the auto industry. | |
| Senate Democrats will vote against Boehner bill Wed,27 Jul 2011 04:41 PM PDT Reuters - WASHINGTON (Reuters) - Some 53 senators -- all 51 Democrats and two independents who usually vote with them -- signed a letter on Wednesday saying they will not vote for House of Representatives Speaker John Boehner's debt plan. Full Story | |
 WASHINGTON (Reuters) - Demand for long-lasting U.S. manufactured goods fell in June and economic activity across much of the nation slowed through mid-July, casting doubt over how quickly the economy might escape its soft patch. | |
 NEW YORK (Reuters) - The hotel maid who accused former International Monetary Fund Managing Director Dominique Strauss-Kahn of sexually assaulting her met with prosecutors on Wednesday for several hours to discuss details of the case. | |
| CHARLOTTE, North Carolina (Reuters) - Visa Inc's quarterly profit rose by 40 percent, and the world's largest payment processor said it would introduce a new fee structure for U.S. merchants. | |
| WASHINGTON/DETROIT (Reuters) - The Obama administration has reached a compromise with automakers on the target for significantly boosting fuel efficiency for cars and light-duty vehicles by 2025, ending months of negotiations on this pivotal mandate for the auto industry. | |
 OSLO (Reuters) - Norway agreed Wednesday to review security and the police response to the killings of 76 people in bombing and shooting attacks by a right-wing zealot that have traumatized the nation. | |
 CHICAGO (Reuters) - Americans already concerned about their jobs Wednesday begged Washington politicians to stop dithering, cut the budget and resolve a debt crisis they fear could lead to higher interest rates, or worse. | |
 WASHINGTON (Reuters) - Top Republicans and Democrats worked behind the scenes on Wednesday on a compromise to avert a crippling U.S. default even as they publicly pressed ahead with rival debt plans that have little chance of winning broad congressional approval. | |
| Justice Department presses Wells Fargo on loans: source Wed,27 Jul 2011 12:27 PM PDT Reuters - NEW YORK (Reuters) - Wells Fargo & Co and the Department of Justice are negotiating to settle allegations that the bank illegally targeted African-Americans for expensive subprime loans, according to a source familiar with the matter. Full Story | |
 WASHINGTON (Reuters) - President Barack Obama's credibility as a leader hangs in the balance along with America's gold-plated credit rating as he strives to break a debt impasse with Republicans and avoid a ruinous default. | |
| Missile shield will spark nuclear arms race: North Korea Wed,27 Jul 2011 12:42 PM PDT Reuters - UNITED NATIONS (Reuters) - If U.S. plans to deploy a missile shield to protect Europe against a possible attack by Iran are realized, it will spark a new nuclear arms race, North Korea's U.N. ambassador said Wednesday. Full Story | |
| China protests U.S. spy flights near its coast Wed,27 Jul 2011 12:01 PM PDT Reuters - BEIJING (Reuters) - China warned that recent U.S. surveillance flights near its coast have severely harmed mutual trust and were a major obstacle to better military ties between the two countries, state media reported Wednesday. Full Story | |
 MOSCOW (Reuters) - Russian Prime Minister Vladimir Putin is close to a decision to bid for the presidency in an election next year because he has doubts about his protege, President Dmitry Medvedev, senior political sources say. | |
 NEW YORK/ATHENS (Reuters) - Standard & Poor's on Wednesday cut Greece's sovereign credit rating further into junk territory, lowering it to CC from CCC, saying the European Union's proposed debt restructuring would put the country into "selective default." | |
 PARIS (Reuters) - The International Monetary Fund warned France on Wednesday it would miss its 3 percent deficit target for 2013 unless it took further steps to cut medium-term spending, which were needed to safeguard its AAA credit rating. | |
 NEW YORK (Reuters) - The operator of the Nasdaq Stock Market is "under constant attack" from would-be hackers and will spend more on security as a result, its top executive said. | |
| Exclusive: SEC builds new tips machine to catch the next Madoff Wed,27 Jul 2011 12:41 PM PDT Reuters -  WASHINGTON/NEW YORK (Reuters) - For more than three years, U.S. securities regulators investigated allegations of accounting fraud at a small telecom firm called China Voice Holding Corp, but could not make a case. | |
| Analysis: Culture shields sluggish Norway police from critics Wed,27 Jul 2011 12:07 PM PDT Reuters -  OSLO/LONDON (Reuters) - In many countries there would be a public outcry if police had allowed a gunman to slaughter scores of people for an hour before being stopped, but Norwegian police have mostly escaped censure, at least for now. | |
| S&P does not think U.S. will default on its debt Wed,27 Jul 2011 09:54 AM PDT Reuters - WASHINGTON (Reuters) - Standard and Poor's does not think the United States will default on its debt, the rating agency's president Deven Sharma said on Wednesday.Full Story | |
 KANDAHAR, Afghanistan (Reuters) - A suicide bomber killed the mayor of Afghanistan's Kandahar Wednesday, a further blow to stability in the southern city still reeling from the assassination two weeks ago of President Hamid Karzai's powerbroker half-brother. | |
 BEIJING (Reuters) - China is building two aircraft carriers as part of a military modernization program that is causing concern among other Asian countries, sources said on Wednesday. | |
 CHICAGO (Reuters) - Boeing Co's quarterly profit beat expectations as operating margins improved and it contained costs, sending shares of the company higher. | |
 WASHINGTON (Reuters) - Will the sky fall on August 2 if Congress fails to raise the debt ceiling? | |
 FRANKFURT (Reuters) - German car and truck maker Daimler missed quarterly revenue forecasts and warned strong demand for cars in the key emerging markets of China and India was likely to slow sharply. | |
 LONDON (Reuters) - There may be a point at which global investors get indigestion from U.S. money printing. | |
 SAN FRANCISCO (Reuters) - Amazon.com Inc will use its surging revenue to boost growth and drive expansion into areas such as Web content and cloud computing rather than boost its margins. | |
 NEW YORK (Reuters) - Applications for U.S. home mortgages slipped last week after a sharp jump the week before and as interest rates edged up, an industry group said on Wednesday. | |
| S&P warns against prioritizing debt payments: report Tue,26 Jul 2011 07:31 PM PDT Reuters - NEW YORK (Reuters) - Prioritizing debt payments to avoid a default would be "deeply disruptive" to the economy, Standard & Poor's global head of sovereign ratings said in an interview with CNBC on Tuesday. Full Story | |
 WASHINGTON (Reuters) - Elizabeth Warren, the law professor who persuaded the Obama administration to create the Consumer Financial Protection Bureau, will step down on August 1 from her role setting up the controversial new regulator, the Treasury said on Tuesday. |
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