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Michael Phelps Continues To Rewrite Olympic Record Books

Michael Phelps
The amazing Michael Phelps won his third gold medal of the London 2012 Olympic Games -- and the 17th of his storied Olympic career -- as the swimmer scored a sensational come-from-behind victory in the 100-meter butterfly on Friday.
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Boeing

Boeing Widens Lead Over Airbus With Singapore Airlines Coup

The Boeing Co. (NYSE: BA), the largest U.S. aerospace manufacturer, widened its lead in 2012 orders over rival EADS N.V. (Paris: EAS)'s Airbus SAS after Singapore Airlines Ltd. (Singapore: C6L) said Friday it was buying 50 Boeing 737 airplanes valued around $4.9 billion.
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Bank Stocks Throw a Party But Forget To Invite JPMorgan

Shares of U.S. banks of all sizes and specialties rose Friday over 3 percent, handily beating the performance of the wider stock market, which itself was in a head-first rally following a week of disappointing news. But there was one big exception to the equity party: megabank JPMorgan Chase and Co. (NYSE:JPM), which looked poised to underperform its peers in late-afternoon trading.
King

Iowa Rep. Steve King's Week Of Insanity

The Republican congressman defended animal fighting -- twice! -- revisited birther conspiracies and declared his preferences for ATM's with English-only options.
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India Confirms Drought as El Nino Looms

Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season.

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