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Discover Financial Services' net income grew 7 percent in the second quarter as credit card spending and overall loans increased from a year ago. The results beat Wall Street's expectations.
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Contrarian's case: Why US could dip into recession

Bernard Condon, Associated Press  |  posted 22 minutes ago
Just as the U.S. economy is strengthening, other countries are threatening to drag it down.
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LinkedIn to buy ad tech company Bizo for $175M

The Associated Press  |  posted 12 minutes ago
LinkedIn Corp. is spending $175 million to buy Bizo, a provider of advertising technology and measurement services aimed at professionals.
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Nasdaq SUMMARY

The Associated Press  |  posted 22 minutes ago
Most active Nasdaq issues.
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Senate, House on collision course on border money

The Associated Press  |  posted 22 minutes ago
Senate Democrats prepared Tuesday to whack $1 billion from President Barack Obama's emergency spending request for the border, while leaving out policy changes Republicans have demanded as their price for agreeing to any money. The developments pointed to a hardening stalemate over the crisis in South Texas with lawmakers preparing to leave Washington for their annual summer recess at the end of next week.
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Chrysler recalls Jeep SUVs for ignition switches

The Associated Press  |  posted 22 minutes ago
The ignition switch defects that engulfed General Motors are now a rapidly growing problem at Chrysler.
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Microsoft 4Q earnings hurt by Nokia acquisition

The Associated Press  |  posted 22 minutes ago
Microsoft Corp. reported fourth-quarter earnings that took a hit from the Nokia devices business that it bought in April, but the company said growth in Internet-based computing services to businesses boosted results.
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Markets-At-A-Glance

The Associated Press  |  posted 32 minutes ago
A snapshot of major stock and commodities market indicators Tuesday:
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Markets-At-A-Glance

The Associated Press  |  posted 32 minutes ago
A snapshot of major stock and commodities market indicators Tuesday:
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First lady tells America to 'Drink Up' more water

Stacy A. Anderson, Associated Press  |  posted 32 minutes ago
Michelle Obama is expanding her push for America to drink more water, as the White House claims partial responsibility for helping to boost nearly $1 million in bottled water sales among consumers since the national "Drink Up" campaign launched in September.
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Ackman goes after Herbalife's nutrition clubs

Ken Sweet, Associated Press  |  posted 42 minutes ago
Activist investor Bill Ackman once again denounced weight loss and nutritional supplements company Herbalife as a pyramid scheme, but Wall Street shrugged off his criticism and sent the company's stock soaring 26 percent Tuesday.
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Southwest, South score low on child-welfare index

The Associated Press  |  posted 52 minutes ago
Several states in the Deep South and Southwest have earned dismal scores on an annual child-welfare index that cited poverty and single-parent house households as worrisome trends that must be turned around for things to improve.
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Excerpts from conflicting health law rulings

The Associated Press  |  posted Jul 22nd - 3:01pm
Two federal appeals courts issued conflicting rulings Tuesday in a dispute involving crucial financing for President Barack Obama's health care law.
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Apple's fiscal 3Q earnings top analyst forecasts

The Associated Press  |  posted Jul 22nd - 3:01pm
Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.
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Ford names Galhotra as Lincoln's new president

The Associated Press  |  posted Jul 22nd - 2:41pm
Ford's luxury Lincoln division is getting a new president.
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