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The New Credit-Card Tricks

WSJ.com What's News US - 1 hour 56 min ago
Just months after historic legislation banned certain billing practices, card issuers have dreamed up new ones designed to trip up consumers.


U.S. Growth Slows

WSJ.com What's News US - 2 hours 10 min ago
U.S. economic growth slowed in the second quarter to a 2.4% annual rate. Business investment was strong, but imports were a big drag and consumers contributed less.


Old Debts Never Die; They Are Sold to Collectors

NYT > Business - 2 hours 17 min ago
Collecting old consumer debts has become a labyrinthine industry involving buyers of secondhand debt, muddled statutes of limitation, lawsuits and, sometimes, abusive tactics.

Lessons from End of the Charles River Deal

NYT > Business - 2 hours 21 min ago
The Deal Professor examines the termination of Charles River Laboratories' deal for WuXi PharmaTech and the lessons it provides for buyers in this post-crisis market for mergers and acquisitions.

Justice Joins Suit Accusing Oracle of Fraud

NYT > Business - 2 hours 21 min ago
In a civil suit, the department said Oracle failed its contractual duty to give the government the same discounts it gave commercial customers.

U.S. Set to Downgrade Mexico Airline Rating

WSJ.com What's News US - 2 hours 25 min ago
The Federal Aviation Administration is set to downgrade Mexico's safety ranking, effectively restricting its airlines from codesharing with U.S. airlines and from expanding service between the two countries.


F.D.A. Clears Way for Embryonic Stem Cell Trial Using Patients

NYT > Business - 2 hours 27 min ago
Using human embryonic stem cells, the trial will be tested in patients with new spinal cord injuries.

Merck's Profit Falls 52%

WSJ.com What's News US - 2 hours 44 min ago
Merck reported a 52% drop in profit, as the drug maker booked merger and restructuring costs.


The Closing Bell

Toward the goal of amusing, we are pleased to present Jack Guinan's weekly cartoon, "The Closing Bell."


Blue Chips Rose 7.1% in July

WSJ.com What's News US - 2 hours 50 min ago
The Dow industrials overcame an early 120-point decline to finish down by just one point on the day, but for the month of July the index rose 7.1%. The S&P 500 and the Nasdaq were up 6.9% for the month.


European Bank Stress Tests Worked: Sort Of

NYT > Business - 2 hours 52 min ago
Market data is starting to provide an indication of whether the stress tests on the largest European banks had the desired effect on confidence.

Shares Are Little Changed in the End

NYT > Business - 2 hours 52 min ago
Investors were particularly fretful about the G.D.P. report because it comes at the end of a run of worse than expected economic data and a warning from the Fed.

Disney Taps Lee as ABC Entertainment Chief

WSJ.com What's News US - 2 hours 53 min ago
Disney named Paul Lee, the head of its ABC Family cable-television channel, to run entertainment programming for the ABC network.


Chevron Profit Soars

WSJ.com What's News US - 2 hours 54 min ago
Chevron's second-quarter earnings more than tripled, driven by higher oil prices and a surge in refining earnings.


Obama Touts Car Revival as He Is Dogged by a Slowdown

NYT > Business - 2 hours 56 min ago
The G.D.P. report provided a lesson in how hard it is going to be to turn around the perception and the reality that the recovery is sputtering.

Intel Nears Deal for Infineon Unit

WSJ.com What's News US - 3 hours 2 min ago
Intel is in advanced talks to acquire Infineon's wireless chip unit, whose products include cellular baseband chips used by Apple and other cellphone makers.


Senator Seeks Data on Complaints About Artificial Joints

NYT > Business - 3 hours 4 min ago
Senator Grassley requested data from Zimmer Holdings, a maker of artificial hips and knees, on how it responded to complaints from surgeons.

Is Coinstar a Buy?

Unexpectedly slow sales outweigh good earnings today


AWB to Merge With GrainCorp

WSJ.com What's News US - 3 hours 13 min ago
Australian agribusiness firms AWB and GrainCorp announced a surprise plan to merge under in a deal valued at about $1.8 billion.


Obama to Promote Auto Bailout as a Success

NYT > Business - 3 hours 19 min ago
The White House has decided to argue more forcefully that investing in the auto industry helped keep workers employed and laid the groundwork for a rebound.

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