European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details remained to be worked out, diplomats said.

Orders for long-lasting U.S. manufactured goods rose more than expected in June, pointing to momentum in the economy at the end of the second quarter.The Commerce Department said on Friday durable goods orders increased 0.7 percent as demand increased from transportation to machinery and computers and electronic products.

Amazon.com Inc posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics.

In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers.

The sex change controversy concerning Bruce Jenner is not anymore fresh news as it has been discussed many times early this year. Lately, Jenner is once again in the headlines after photos of him leaving Beverly Hills Surgical Center surfaced on the net. It was reported that he came to the famous surgical clinic for an alleged “laryngeal shave.”

The royal family is caught in rumors. They are surrounded by baby drama recently when the sparks of Kate Middleton pregnancy with Prince George's baby sister hit the media.

Lifetime comedy-drama series "Devious Maids" has recently been concluded, and fans are wondering if the show will be renewed. So far, Lifetime has not yet revealed if there will be a third season. If the first two seasons are any indication, however, it looks like fans of the show would be in for more.

There are plenty of big trios in the NBA today like Curry, Thompson, and Iguodala in Golden State and Parker, Duncan, Leonard in San Antonio. There are also newly formed trios this summer due to the movement of players in the free agency like Nowitzki, Ellis, Parsons in Dallas and Rose, Noah, and Gasol in Chicago. But the crown for the Best Big Three in the NBA this coming season goes to Kevin Durant, Russell Westbrook and Serge Ibaka in Oklahoma.

Shannon Brown was waived by the New York Knicks after he was enlisted in the team's Summer League Squad in Las Vegas. Brown had a decent, though not spectacular, outing in the Summer League games for the Knicks, averaging 7.4 points and 1.5 rebounds a game. He was cut off by the Knicks, however, possibly because the team already had a crowded back court with newly acquired point guard Jose Calderon and Shane Larkin from a trade deal with the Mavs.

The Queen + Adam Lambert tour, featuring the "American Idol" alumni and Queen legends Brian May and Roger Taylor, has officially started in June, and will continue until the end of August. Find information on venues and tickets below.