BUSINESS

It's officially the last week of July, which means that Apple has seven days to release its brand-new operating system for Mac, also known as OS X Mountain Lion. Users that upgrade to Mac OS X Mountain Lion will discover scores of useful features -- more than 200 of them, according to Apple. Here's a guide to the best and most important features in Mountain Lion.

According to an Aurora PD spokesperson, authorities are not investigating a second person of interest in the Colorado shooting that took place on Friday at the Century 16 Movie Theater. A Fox affiliate in the Denver, Colorado area recently ran a report with information that the spokeswoman said the news outlet took out of context.

Tesla Motors Inc. (Nasdaq: TSLA) is expected to report second quarter 2012 earnings sharply lower than the previous year as the company waits for revenue from the recently launched Model S and from a new partnership with Mercedes-Benz to have a positive impact later in the year.

Greece's Prime Minister Antonis Samaras likened his country's deep economic slump in the wake of the European debt crisis to the Great Depression of the 1930s in the U.S. while meeting with former U.S. President Bill Clinton in Athens.

The Boeing Co. (NYSE:BA), the largest U.S. aerospace manufacturer, is expected to have higher revenue in the second quarter but lower earnings per share as profit from commercial airplanes is dampened by cuts in military spending and pension expenses.

Samsung will be releasing a follow up to its Galaxy Note device during a press event on August 15, according to BGR. The Galaxy Note 2 is said to boast a thinner and taller 5.5-inch display, in comparison to the current model’s 5.3-inch screen.

James Holmes made his first court appearance in the Centennial, Colorado courthouse at 11:30 a.m. EDT Monday, when the world got its first look at the man said to be responsible for the worst mass killing in the state's history. View the slideshow to see photos of other infamous dazed and confused serial killers.

Two former Anglo Irish Bank senior executives appeared in court in Dublin on Monday over an alleged share-support scheme, an attempt to artificially raise the bank's share price in 2008.

The Venezuelan government announced that security forces on Saturday ended a 20-day prison riot during which at least 22 inmates died.

Representatives of the creditors that are keeping Greece economically afloat are set to arrive in Athens Tuesday to appraise Greece's slow progress in implementing austerity measures required for it to continue to receive bailout money.

Columbine survivor Anne Marie Hochhalter, who was left paralyzed in the deadliest school shooting in U.S. history, offered words of encouragement to survivors of Friday's Colorado shooting during a vigil for the victims, families and survivors of The Dark Knight Rises Massacre in Aurora.

Dazed, deranged and Eyes Drooping, are just some of the terms being used to describe the face of the Colorado shooting suspect accused of killing 12 and wounding 58.

Evita was also widely admired for her great beauty and fashion style.

Hill, who has an IQ of 70, will be put to death via lethal injection, despite the U.S. Supreme Court's ban on the execution of mentally disabled prisoners.

In a fairly light week of data, Friday's first take on the U.S. second-quarter gross domestic product will be the main event. Economists expect a feeble reading of 1.4 percent. This will be the final major data point to influence participants at the July 31 - Aug.1 meeting of the policy-setting Federal Open Market Committee.

Yet another report has surfaced that indicates production of Apple’s next generation iPhone ‘5’ has begun. According to Digitimes, a report from Taipei has said that Shanghai’s Pegatron has begun manufacturing the new iPhone.

America will get its first look on Monday, July 23, at the alleged gunman said to be responsible for the infamous Colorado shooting that took place late last week. James Holmes is set to make his first court appearance at around 11:30 on Monday morning, giving the American public its first look at the suspect since his arrest in an attack that reportedly left 12 moviegoers dead and 58 other injured.

Assam, located on the extreme northeastern edge of India, is home to some 300 tribal and ethnic groups.

Target Corporation (NYSE: TGT) announced Monday it was expanding its grocery store strategy to an additional 30 outlets, including ones in Nashville, Tenn., Cincinnati, Ohio, and Jacksonville, Fla.

Spain's stock market plunged Monday to its lowest level in nearly 10 years on growing doubts that the nation can avoid defaulting on its massive debts without an external rescue. The government also instituted a three-month ban on short-selling all securities.

McDonald's Corporation (NYSE: MCD), the world's largest restaurant chain, reported a 4.5 percent drop in second-quarter profit hurt by a stronger dollar and weaker global demand.

The Spanish government's costs hit a record high Monday -- their third consecutive record high in as many days -- as doubts about the country's fiscal stability mounted among international lenders.

Michael Rake, deputy chairman of Barclays, has ruled himself out of contention to be its new chairman, striking a blow to the UK bank as it hunts for new leadership to steer it through its interest rate-rigging scandal.

China's giant oil and gas conglomerate Cnooc Ltd. said Monday it will pay $15.1 billion in cash for Canadian oil and gas company Nexen Incorporated (NYSE: NXY), among whose assets are large oil sands and shale gas properties.

Rumors are rife that Apple will launch a significantly redesigned iPhone later this year. One of the much-talked about design overhauls is a smaller dock connector, replacing the existing 30-pin one. While many rumored features of the next iPhone, aka iPhone 5, are still uncertain, this particular feature seems to be getting closer to fruition with more reports surfacing online in its favor.

Essar Oil Monday said that it had made arrangements for loans of about Rs 50 billion to pay its Rs. 61.69-billion sales tax dues to the government of the western Indian state of Gujarat.

Philips Electronics, PhotoMedex, Deutsche Bank, Banco Santander, Morgan Stanley, United States Steel Corp, Bank of America Corp, Ford Motor and JPMorgan Chase & Co. are among the companies whose shares are moving in pre-market trading Monday.

Asian stock markets slumped Monday as renewed concerns over the euro zone debt crisis and worries about the Chinese economic slowdown dented investor sentiment.

U.S. stock index futures point to a lower opening Monday as investor confidence became weak following concerns about the deepening debt crisis condition in the euro zone.