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Obama Prods Congress as House Sets Vote
Obama said he is "ready to move" on raising the country's debt ceiling and asked Congress to present him with a plan in the next couple days. The comments come as House Republicans set a debt-ceiling vote next week.
- Winning the Battle and Public Opinion

Dow Jones CEO Hinton Resigns; Follows Brooks's Exit
Les Hinton became the second major executive casualty of the News Corp. phone hacking scandal, resigning the same day as the company's U.K newspaper CEO Brooks.
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Eight Banks Fail EU 'Stress Tests'
The lenders had a combined shortfall of $3.54 billion in capital under a simulated worst-case economic scenario. Another 16 banks narrowly passed the tests.
- In U.S. Tests, Credibility and Transparency
- Heard on the Street: Europe's Stress to Continue

D.C. Schools Fire Hundreds of Teachers
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Syrian Forces Attack Protesters

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Icahn Bid Puts Clorox In Play
Activist investor Carl Icahn has moved to put Clorox in play, launching a bid that values the 98-year-old maker of household products at $10.2 billion and pressing the company to seek other possible buyers.
- Heard: Once More Unto the Bleach
- Deal Journal: Will Buyers for Clorox Show Up?
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Deutsche Börse Wins 82% Backing for NYSE Deal
Deutsche Börse said 82.4% of its shares had been tendered in favor of the planned combination with NYSE Euronext, solidifying stockholder approval secured Thursday.
Credit Suisse in U.S. Tax Probe
Credit Suisse is the target of a U.S. investigation into hidden Swiss offshore accounts for wealthy Americans.
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BP Vows Better Gulf Safety
BP vowed to exceed the deep water drilling standards prescribed by U.S. authorities, hoping to assure regulators it is ready to return to operations in the Gulf of Mexico.
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Citigroup Profit Rises 24%
Citigroup's second-quarter profit jumped 24%, thanks to a $2 billion reserve release and improved credit. But the bank struggled to grow earnings in many businesses and revenue fell 7%.
Google, M&A Boost Stocks
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Hoover, Dirt Devil Owner Up For Sale
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Greek Debt Summit Is Set for Thursday
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Oil Drop Pushes Consumer Prices Lower
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IMF Warns on Europe's Banks
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Sun Art Delays Trading Debut
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Markets' Focus to Turn to Spain

World & U.S.

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U.S. Recognizes
Libyan Rebels
The U.S. going forward will treat Libya's opposition National Transitional Council as the Arab nation's "legitimate governing authority." Italy and France pledged more aid to the opposition.
- Vote: Do you agree with the U.S. decision?
Former Spy Official Avoids Jail in Leak Case
Bin Laden Plotted New Attack
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Relative: Karzai Killer From Taliban
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Mumbai Response Suggests Failures
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U.S., Vietnam Begin Naval Exercises

Travel

A Foreign Country Called Disneyland
Italian novelist Paolo Giordano describes his day alone in the Disney theme park, eating himself sick and not going on a single ride.
A Splash of Southern Comforts

Washington Wire

Romney on Obama: Carter Was Better
Former Massachusetts Gov. Mitt Romney’s new attack line on President Barack Obama: “You’re worse than Jimmy Carter.”
Rep. Wolf Objects to Nominee for a Top Counterterrorism Job

Sports

Tracking the British Open: Day Two
The Journal’s team reports on the second day of the 2011 British Open at Royal St. George’s.
British Open Leaderboard
Hushovd Is King of the Descents
U.S. Soccer Coach Can Actually Sing

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China Stumbles in Yuan Grand Plan
Pants on Fire
Keeping a Boy Wizard in Business

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Food & Drink

A Place of Great Whites Confronts a Dark Mystery
Meurault is the quintessential white Burgundy, easy to pronounce and easy to love, but its makers are now dealing with a confounding problem, says Jay McInerney.
Watermelon Cocktails
Mackerel With Pistachio Pesto

Arts & Entertainment

The Best Seller No One Wanted
"Sarah's Key," the hit novel now being released as a film starring Kristin Scott Thomas, was initially rejected by more than 20 publishers.
The Judging of Simon Cowell

MarketWatch

Groupon Knows — and Tells — a Lot About You
Groupon offer may be a great deal, but it might cost you a little more in privacy, as the deal site enters new partnerships and updates its privacy policy.

Small Business

Tech

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Google Regains Tech Spotlight
Deterrence Is New U.S. Cyberwar Focus
Competition Heats Up for Baidu
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Groupon Attracts Connecticut Scrutiny
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E-Readers' Color Challenge

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Health

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AIDS Drugs Shown to Prevent Infection
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Roche to File Cancer Drug
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FDA Panel Backs Lymphoma Drug
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EU Backs Melanoma Drug
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Girlfriend of Medicis CEO Found Dead

Careers

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Young Lawyers Building Buzz Tweet by Tweet
Making a Suit More Stylish
In Anemic Job Market, Benefits Take Hit
Tractor, Laptop: Family Farm Tools

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McDonald's Boosts Some Prices in China
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'Cars 2' Drives Up Mattel's Profit
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Modelo Sales Rise, Net Falls
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Canadian Imperial Bank Makes Foray Into U.S.
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CDS on U.S. Banks Stubbornly High

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Markets

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Treasurys Lose Momentum
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Euro Gains, Then Loses Steam
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Crude Settles Above $97
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Funds Want All Their Money From Fletcher
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Judge Rules Against Lightstone

Management

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ConocoPhillips to Split Into Two
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Fiat Preps Chrysler Merger
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Deutsche Bank Union Backs Ackermann for Board
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ITT Unveils Its New Offspring
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Netflix Feels Heat From DVD Fans

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Rumble Seat

An Engine Lacking Nothing but a Roar
The 2.0-liter four-cylinder powering the Buick Regal CXL Turbo delivers punchy performance, high efficiency—and a taste of the CAFE-standard-driven future, says Dan Neil.
- Photos: Smaller Engines?
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Noonan: This Is No Time for Games
Ronald Reagan wouldn't be playing 'Targeted Catastrophe.'
Harry Potter, the Fantastic Finale
"Deathly Hallows" reaches an intense, satisfying end, says Joe Morgenstern. Meanwhile, Errol Morris's "Tabloid" revels in excess.
Obsessive-Compulsive Design
An eyewear designer and self-confessed neat freak revamps a Los Angeles-area home.
- Photos: Spotless in Santa Monica
Overused Cultural Icons Trigger Gag Reflex
Friday's unveiling of a towering Marilyn Monroe in Chicago is the latest recycling of tired clichés.

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Photos

Photos of the Day: July 15
In today's pictures, a Storm Trooper walks across Australia, a boy swims through green algae in China, protesters in Yemen hang out inside a billboard and more.

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