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Argentina slides into default as debt talks fail

Claudia Torrens, Associated Press  |  posted 47 minutes ago
The collapse of talks with U.S. creditors sent Argentina into its second debt default in 13 years and raised questions about what comes next for financial markets and the South American nation's staggering economy.
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Asian markets drift after US Fed stays course

Kay Johnson, Associated Press  |  posted 48 minutes ago
Asian stock markets were uninspired by an upbeat report on the U.S. economy, with most drifting lower Thursday after the U.S. Federal Reserve said it would make further cuts to its monetary stimulus as expected.
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Congress cooperates _ and fights _ as recess nears

David Espo, Associated Press  |  posted Jul 30th - 8:40pm
Eager to begin a monthlong break, Congress leavened its customary heavy partisanship on Wednesday with a pinch of compromise, advancing legislation to repair the deeply troubled Department of Veterans Affairs and working to clear funds for highway construction at home and missile defense in Israel.
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House approves VA health care overhaul

Matthew Daly, Associated Press  |  posted Jul 30th - 6:50pm
The House overwhelmingly approved a landmark bill Wednesday to help veterans avoid long waits for health care that have plagued the Veterans Affairs Department for years.
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Suing Obama: GOP-led House gives the go-ahead

Alan Fram, Associated Press  |  posted 58 minutes ago
A sharply divided House approved a Republican plan Wednesday to launch a campaign-season lawsuit against President Barack Obama, accusing him of exceeding the bounds of his constitutional authority. Obama and other Democrats derided the effort as a stunt aimed at tossing political red meat to conservative voters.
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Samsung profit falls as smartphone sales slow

Youkyung Lee, Associated Press  |  posted Jul 30th - 10:20pm
Samsung Electronics Co. reported a bigger-than-expected fall in second quarter profit on Thursday and said it was uncertain if earnings from its handset business would improve in the current quarter.
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As US economy accelerates, Fed remains cautious

Martin Crutsinger, Associated Press  |  posted Jul 30th - 10:11pm
After a grim start to 2014, the U.S. economy has rebounded with vigor and should show renewed strength into next year.
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Journal Communications, Scripps Co. announce deal

The Associated Press  |  posted Jul 30th - 9:40pm
Journal Communications Inc. of Milwaukee and E.W. Scripps Co. of Cincinnati have an agreement to merge broadcasting operations while spinning off newspaper holdings into a separate public entity, the companies announced late Wednesday.
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KFC owner says China scandal hurting sales

The Associated Press  |  posted Jul 30th - 9:30pm
The owner of the KFC and Pizza Hut restaurant chains said Thursday a food safety scandal in China has hurt sales and might be severe enough to cut into the company's global profit.
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Teen pleads guilty in 1 World Trade Center climb

Jennifer Peltz, Associated Press  |  posted Jul 30th - 7:20pm
A teenage daredevil who sneaked to the top of the 1 World Trade Center tower pleaded guilty Wednesday in an escapade that fanned concerns about security at the nation's tallest building.
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Health department revokes Ohio clinic's license

The Associated Press  |  posted Jul 30th - 6:50pm
The interim director of the Ohio Department of Health has signed an order to revoke the license of Toledo's last abortion clinic.
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Argentina heads into default as debt talks fail

Claudia Torrens, Associated Press  |  posted Jul 30th - 6:50pm
Talks aimed at averting Argentina's second default in 13 years ended with bitter recriminations Wednesday as the South American country said it could not accept a deal with U.S. hedge fund creditors it dismisses as "vultures."
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Obama order to expand labor rights for contractors

Josh Lederman, Associated Press  |  posted Jul 30th - 6:00pm
President Barack Obama is preparing to sign an executive order cracking down on labor violations by companies that contract with the federal government, the White House said Wednesday.
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J&J withdraws fibroid treatment device from market

The Associated Press  |  posted Jul 30th - 5:01pm
Johnson & Johnson is asking surgeons not to use a line of devices for removing growths from the uterus amid regulators' growing concern that the electronic surgical tools raise the risk of spreading cancer to other parts of the body.
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