After reports of Apple's buyout of HopStop.com, another startup was acquired by the tech giant.
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Greek workers rally against new government austerity plan
Greek workers took to the streets their opposition over the proposed plan to retrench state workers.
Moody affirms “AAA” US credit rating
The credit rating of “AAA” of the US was affirmed by Moody. Moody's Investor Services affirmed the United States' credit rating of AAA. The main reason for the affirmation was a shrinking budget deficit.
US inflation in June exceeds projections
Consumer inflation was recorded at 0.5% last June, a figure that exceeded economists projections to reach about 0.3%.
BBVA agrees to sell Panama unit for US $646 million to Grupo Aval
Spanish lender BBVA agrees to sell its Panama unit for US $646 million in favor of Colombia’s second biggest banking conglomerate.
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Phone snatching reports have increased in major cities such as London, San Francisco and New York. Increased incidents of phone snatching and thievery in key cities of London, New York and San Francisco prompted the cities' officials to pressure Apple to create a "kill switch".
Batista's worth went down 74% after losing more than US$30 billion. The richest man in Brazil, Eike Batista, saw his worth go down 74% this year.
Amidst the fall of their city, Detroit's sports teams have a positive outlook. Despite the city of Detroit's filing for bankruptcy, the Detroit Red Wings are looking optimistic.
Passengers of Asiana Airlines that crashed while landing on July 6 in San Francisco have filed a petition against Boeing Co.
Apple bought HopStop.com today. HopStop. com, an upstart application, was bought by tech giant Apple today. A spokesperson from Apple confirmed the acquisition, according to Tech Crunch's Anthony Ha.
Fannie and Freddie are not making much progress The revamp of Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FMCC) was not making much, or any, progress.
Japan was a winner when it came to how its stocks performed on the market. Japanese stocks were performing well. In fact, it topped in terms of gains this year in comparison to 24 major developed equity markets.
The Conjuring is set to earn almost US$30 million after a successful first week of showing in the theaters.
Financial firms' physical commodity trading may come to an halt as the Fed reconsiders its policy on this.
