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  • Tropical Storm Flossie heads toward Hawaii Monday, 29 Jul 2013 | 2:12 PM ET
    The MODIS instrument that flies aboard NASA's Aqua satellite captured this image of Tropical Storm Flossie on July 28 at 23:10 UTC (7:10 p.m. EDT) as it continued moving toward Hawaii (left).

    All of Hawaii is under a tropical storm warning as Flossie marches toward the Big Island, according to the Weather Channel.

  • Michigan AG takes other side in Detroit bankruptcy Monday, 29 Jul 2013 | 1:23 PM ET
    Michigan Attorney General Bill Schuette stands behind Gov. Rick Snyder as he addresses the media.

    Bill Schuette—already representing Gov. Rick Snyder—said Monday that he will also represent Detroit public workers opposing a Snyder-backed proposal to reduce pension benefits.

  • Billionaire: Why Obama can't help the middle class Monday, 29 Jul 2013 | 1:01 PM ET
    Co-Founder and CEO of Paul Mitchell

    Billionaire and entrepreneur John Paul DeJoria said that although President Obama means well, he likely doesn't have the business acumen to do what is best for the middle class.

  • Fab Tourre's defense rests; no Paulson testimony Monday, 29 Jul 2013 | 12:59 PM ET
    Fabrice Tourre

    The defense team for former Goldman Sachs trader Fabrice Tourre has rested its case without calling any witnesses, and summations in SEC v. Tourre are scheduled to begin Tuesday.

  • Why the crop crunch won’t cut your food bill Monday, 29 Jul 2013 | 11:26 AM ET

    Agriculture prices have gotten crunched this year, but don’t expect your Cap’n Crunch to get any cheaper.

  • Ford hits the fast lane: Shares could race up 30% Monday, 29 Jul 2013 | 11:19 AM ET
    A Ford Focus sits on display at a Manhattan car dealership that sells Ford vehicles in New York City.

    The automaker is on a path to become the favored auto brand of the world after demonstrating strong quarterly results in all major global regions, and that could seriously lift shares.

  • The new American poor: 4 in 5 live in danger of it Monday, 29 Jul 2013 | 11:09 AM ET
    Renee Adams, left, posing with her mother Irene Salyers and son Joseph, 4, at their produce stand in Council, Va.

    Survey data point to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.

  • 'Rally has gone too far,' Citi strategist says Monday, 29 Jul 2013 | 11:09 AM ET

    Normally bullish Tobias Levkovich, chief U.S. equity strategist at Citigroup, cautions that the market is relying too much on unreliable information.

  • If Detroit cuts pensions, will your city be next? Monday, 29 Jul 2013 | 10:46 AM ET
    Hamtramck, Mich., residents attend a town hall meeting called to address city's financial problems.

    If the bankruptcy court allows Detroit to cut pensions, other cities and states may also try to take that route, an investment manager to pension plans warns.

  • Bernanke can be deposed over AIG bailout: Judge Monday, 29 Jul 2013 | 10:43 AM ET
    Federal Reserve Board Chairman Ben Bernanke.

    Former AIG CEO Hank Greenberg should be able to depose US Fed Chairman Ben Bernanke over the terms of AIG's bailout, a federal judge ruled on Monday.

  • Wal-Mart's Washington showdown over wage law Monday, 29 Jul 2013 | 10:22 AM ET
    Washington Mayor Vincent Gray

    Wal-Mart is threatening to scrap expansion plans in the nation's capital because of a local law that would compel big box retailers to pay workers at least $12.50 an hour.

  • Rising rates dampen home sales momentum Monday, 29 Jul 2013 | 10:00 AM ET

    Contracts to purchase previously owned US homes fell in June, retreating from a more than six-year high touched the prior month.

  • Ben Bernanke the M&A banker? Monday, 29 Jul 2013 | 8:57 AM ET

    The Federal Reserve's taper talk may have rattled the financial markets but it has had one notable beneficiary: Mergers and acquisitions.

  • Icahn prods Dell committee on voting rules change Monday, 29 Jul 2013 | 8:17 AM ET
    Michael Dell

    Carl Icahn urged Dell special committee to not change voting rules in a way that would make it easier for a CEO-led group to take the personal computer maker private.

  • PPG Industries sheds subsidiary for $1.73 billion Monday, 29 Jul 2013 | 8:09 AM ET
    Charles Bunch, chief executive officer with PPG Industries Inc.

    PPG Industries will sell its majority stake in lens supplier Transitions Optical to Essilor International for about $1.73 billion in cash.

  • Prince warns US shale could hurt Saudi economy Monday, 29 Jul 2013 | 7:38 AM ET
    Prince Alwaleed Bin Talal, Saudi billionaire and founder of Kingdom Holding Co.

    Saudi billionaire Prince Alwaleed bin Talal warned that the Gulf Arab kingdom needed to reduce its reliance on crude oil and diversify its revenues.

  • In bet on luxury, Saks draws $2.4 billion bid Monday, 29 Jul 2013 | 7:24 AM ET

    Saks agreed to sell itself to Hudson's Bay Co., the Canadian parent of Lord & Taylor, for about $2.4 billion in a deal that will bring luxury to more North American locales.

  • BMW's new i3 battery car targets urbanites Monday, 29 Jul 2013 | 6:28 AM ET
    BMW i3 detail

    One look at the BMW i3 and you'll know this is not your typical BMW.

  • Amazon.com goes on hiring spree in 13 states Monday, 29 Jul 2013 | 6:03 AM ET
    An employee stacks boxes filled with merchandise for shipment at the Amazon.com Inc. distribution center in Phoenix, Ariz.

    Amazon.com said it is adding 7,000 jobs in 13 states, beefing up staff at the warehouses where it fills orders, and in its customer service division.

  • House bill aims its sights at Iran's energy sector Monday, 29 Jul 2013 | 6:00 AM ET
    Iran's 50000 Rials with a portrait of Ayatollah Ruhollah Khomeini.

    Congress is poised to increase the economic pressure on Iran and its nuclear program in a vote expected to take place late next week.

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