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WASHINGTON (Reuters) - The U.S. economy rebounded sharply in the second quarter as consumers stepped up spending and businesses restocked, putting it on course to close out the year on solid footing.

MOSCOW/KIEV (Reuters) - Russia fought back on Wednesday over new U.S. and EU sanctions imposed over Ukraine, where fighting between Moscow-backed rebels and government troops has intensified since a Malaysian airliner was shot down.

GAZA/JERUSALEM (Reuters) - Israeli shelling killed at least 15 Palestinians sheltering in a U.N.-run school and another 17 near a street market on Wednesday, Gaza's Health Ministry said, with no ceasefire in sight after more than three weeks of fighting.

NEW YORK (Reuters) - A federal judge on Wednesday ordered Bank of America Corp to pay $1.27 billion of damages after a federal jury found the second-largest U.S. bank liable for fraud over defective mortgages sold by its Countrywide unit.

BUENOS AIRES/NEW YORK (Reuters) - Argentina was in a race against time on Wednesday to cut a deal by the end of the day with holdout investors suing it and avert a default, as a surge in the country's bond prices fed optimism that an agreement was possible.

BENGHAZI/TRIPOLI (Reuters) - Rival Libyan militias fighting for control of Tripoli's airport agreed to a temporary ceasefire on Wednesday to allow firefighters to try to control a huge blaze at a fuel depot hit by a rocket.

NEW YORK (Reuters) - U.S. companies hired 218,000 workers in July, marking four straight month of private job growth above 200,000, but the figure fell short of what analysts projected and the previous month's level, a report by a payrolls processor released on Wednesday showed. Private job gains in June were 281,000, which was the strongest reading since November 2012. Economists surveyed by Reuters had forecast that the ADPNational Employment Report would show a gain of 230,000 jobs.

NEW YORK/FRANKFURT (Reuters) - Germany's ZF Friedrichshafen AG is in advanced talks to acquire U.S.-based TRW Automotive Holdings Corp for nearly $12 billion, in a deal that would create an automotive supply powerhouse, according to people familiar with the matter.

BENGHAZI/TRIPOLI (Reuters) - Rival Libyan militias fighting for control of Tripoli's airport agreed to a temporary ceasefire on Wednesday to allow firefighters to try to control a huge blaze at a fuel depot hit by a rocket.

(Reuters) - Detroit has dropped the idea of having a court-appointed monitor keep an eye on its finances when it exits bankruptcy after determining the move was not needed, a city spokesman said on Wednesday.

Entertainment News
NEW YORK (Reuters) - Allison Williams, who stars in the HBO comedy "Girls," will play Peter Pan oppo...
CONAKRY (Reuters) - At least 34 people, including several children, were killed in a stampede at a b...
VERBIER Switzerland (Reuters) - French-American conductor Marc Minkowski loves music and his second ...
Sports News
Buyers and sellers spar for deadline deals
Wed, 30 Jul 2014 19:06:26 GMT
NEW YORK (Reuters) - Visions of acquiring a difference-making player for this season or possible fut...
TORONTO (Reuters) - Rafa Nadal will miss two U.S. Open tune-up events due to a wrist injury that has...
(Reuters) - Global soccer superstar Cristiano Ronaldo is also known to fans by the shorthand CR7, pr...
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Finance News
The rising cost of your kids' lunch gear
Wed, 30 Jul 2014 18:59:15 GMT
NEW YORK (Reuters) - When it comes to kids' lunches, we've come a long way from PB&J, an apple and a...
NEW YORK (Reuters) - Bill Gross, manager of the world's largest bond fund, said Wednesday that incom...
Mortgage servicers in the United States are evolving into the next big lenders, sidestepping regulat...
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