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A defense lawyer attacked the credibility of the key witness in the corruption trial against former Virginia Gov. Bob McDonnell and his wife on Friday, zeroing in on inconsistencies in what the former CEO told investigators.
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Another decline for US stock market

The Associated Press  |  posted 34 minutes ago
U.S. markets are moving lower, extending a major sell-off from the day before.
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Stratasys Sponsors NASCAR Nationwide Car in the U.S. Cellular 250 at Iowa Speedway

Stratasys Ltd., Associated Press  |  posted 44 minutes ago
driven by Elliott Sadler and fielded by Joe Gibbs Racing (JGR) — in the U.S. Cellular 250 at Iowa Speedway Saturday, Aug. 2. ESPN will broadcast on-track activities beginning with qualifying at 4:30 p.m. ET, followed by the U.S. Cellular 250 at 8 p.m. ET. For behind-the-scenes access, watch this time-lapse video to see how the No. 11 team wrapped the car for the race.
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US consumer sentiment edges down to 81.8 in July

Martin Crutsinger, Associated Press  |  posted 44 minutes ago
A measure of U.S. consumer confidence slipped in July although it remained at levels signaling further gains in consumer spending.
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House GOP weighs tough new immigration bills

Donna Cassata, Erica Werner, Associated Press  |  posted 54 minutes ago
House Republicans pushed legislation on Friday that would clear the way for eventual deportation of more than 500,000 immigrants brought here illegally as kids and address the surge of immigrants at the U.S.-Mexico border.
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US markets fall for a second day

Ken Sweet, Associated Press  |  posted 54 minutes ago
There was no reprieve for investors Friday as the U.S. stock market retreated for a second day. Energy stocks were among the biggest decliners following disappointing results from oil giant Chevron and a drop in oil prices. The Standard & Poor's 500 index is on pace for its worst week in more than two years.
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Police say UK pier fire may have been arson

The Associated Press  |  posted Aug 1st - 9:21am
British police say a fire that gutted a landmark seaside pier in southern England may have been started deliberately.
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STOCKS IN THE SPOTLIGHT

The Associated Press  |  posted 24 minutes ago
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.
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US judge scolds Argentina over debt crisis remarks

The Associated Press  |  posted 24 minutes ago
A U.S. judge says Argentina officials "must stop" publicly uttering what he calls "half truths" about the South American nation's debt crisis case.
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Prosecutor: Peanut plant faked salmonella results

Russ Bynum, Associated Press  |  posted 34 minutes ago
A federal prosecutor says a Georgia peanut plant linked to a deadly salmonella outbreak fabricated food-safety lab results sent to customers including food giant Kellogg's.
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Hyundai recalls more than 419K vehicles

The Associated Press  |  posted 44 minutes ago
Hyundai is recalling more than 419,000 cars and SUVs to fix suspension, brake and oil leak problems.
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With vote for Chrysler merger, Fiat looks abroad

Colleen Barry, Associated Press  |  posted 54 minutes ago
Fiat shareholders voted Friday overwhelmingly in favor of a merger with Chrysler that has been five years in the works and will shift the 115-year-old carmaker's center of gravity abroad.
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Citi says SEC has closed probe of mortgage bonds

The Associated Press  |  posted Aug 1st - 9:31am
Citigroup Inc. says it's been told by the Securities and Exchange Commission that the agency has completed its investigation of the bank's conduct regarding mortgage bonds and won't bring further enforcement action.
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HP to pay $32.5M to settle Postal Service dispute

The Associated Press  |  posted Aug 1st - 9:30am
Hewlett-Packard Co. has agreed to pay $32.5 million to settle allegations it overcharged the U.S. Postal Service for products over more than eight years.
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Car-tech company Mobileye soars in IPO

The Associated Press  |  posted Aug 1st - 9:21am
Shares of Mobileye are soaring on the Israeli car technology company's first day of public trading amid strong investor demand.
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