UNITED STATES

June US Car Sales - Ford, GM, Chrysler Report Big Gains

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Detroit?s carmakers saw strong June U.S. car sales with Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reporting 20 percent year-over-year sales growth and Ford Motor Co. (NYSE: F) reporting more modest 7 percent sales gains.
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Midwest Heat Wave Damages Crop Yields, Presses Food Prices

As the Midwest teeters from the impact of one of the most damaging heat waves in U.S. history, declining yields on crops could hurt the public by raising food and commodity prices to staggering proportions, according to commodities trading data.
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Samsung Galaxy S3 Still A Target For Apple; Courtroom Defeat Could Give Korean Tech Giant 'Big Problems,' Says Analyst

The wait is finally over for people in the U.S. who were looking forward to Samsung's latest flagship smartphone, the Galaxy S3. Sprint made the handset available for in-store purchases from July 1, while AT&T announced that it would be selling the phone in its stores from July 6. But if a recent note by one industry analyst is to be believed, it won't be an easy road for this successor of the S2.
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Phoenix Is Rising, Again

Sun-drenched Arizona became a poster child for the overdevelopment excesses of the boom, but it's recently become a leader in the U.S.'s long-awaited housing recovery.
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Barclays CEO Bob Diamond Resigns

Barclays chief executive officer Bob Diamond Tuesday quit his post over the London Inter Bank Offered Rate (LIBOR) fixing scandal, in which the bank was fined £290 million ($450m) by the U.S. and UK regulators last week.

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