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Latinos Protest Deportations at Obama Campaign HQ

Latino activists held a protest outside President Barack Obama's 2012 campaign headquarters on Tuesday to ask him to end a criminal deportation program they say is snaring large number of illegal immigrants who have not committed crimes.

Tobacco Companies File Lawsuit Against FDA for Warning Labels

Graphic Images of FDA's Cigarette Health Warnings (PHOTOS)
Five tobacco companies filed a lawsuit Tuesday against the federal government, claiming that government-required graphic warning labels on cigarette packages are unconstitutional and that they violate their rights. "The primary complaint is that we think it violates the First Amendment for the government to require people who produce a lawful product to essentially urge prospective purchasers not to buy it," First Amendment case expert Floyd Abrams said.

Insight: Will Buffett, Schultz Debt Plans Be Shunned?

Berkshire Hathaway Chairman Warren Buffett wanders the company trade show before his company's annual meeting in Omaha
Warren Buffett and Howard Schultz want to change the conversation about how to fix the United States' economic woes. But their solutions - more taxes on the rich and a boycott on political donations - risk falling on deaf ears among fellow business leaders.
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Target profit, forecast surpass Street, shares up

Target Corp reported a bigger-than-expected rise in quarterly profit and forecast a more profitable year than analysts were anticipating on Wednesday, as its credit card business continued to grow and sales perked up as the summer progressed.
GOP

Will Moody?s Downgrade US ?AAA? Rating?

Following Fitch?s affirmation of ?AAA? rating to U.S. debt, which was in sharp contrast to S&P?s downgrade, the focus now turns to whether Moody?s will retain top rating for the US.
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European Trading Nudges Gold Higher

Gold edged higher for a third day on Wednesday, propelled by investor unease over the fate of the euro zone after a Franco-German summit yielded no lasting solution to the regional debt crisis and riskier assets such as stocks eased.
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Staples tops estimates, raises profit outlook

Staples Inc reported a better-than-expected quarterly profit on currency benefits and an uptick in sales to its business customers in North America, prompting the largest U.S. office supply chain to raise its profit outlook.
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Gold Hovering Near Record Level

Gold held steady near a record high on Wednesday after a Franco-German summit failed to convince investors that the euro zone debt crisis would be solved effectively, supporting safe-haven demand for bullion.
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Staples tops estimates; raises profit outlook

Staples Inc reported a better-than-expected quarterly profit on currency benefits and a slight uptick in sales to its business customers in North America, prompting the largest U.S. office supply chain to raise its profit outlook.
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SNB moves softly to tame Swiss franc; currency spikes

The Swiss National Bank stepped up its efforts to tame a runaway franc on Wednesday but stopped short of direct intervention, disappointing markets that had positioned for more radical measures and sending the currency sharply higher.
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China to expand investment options for yuan

China pushed for greater international use of the yuan on Wednesday by promising to let foreign investors buy mainland shares and bonds, pushing up shares of brokerage stocks listed in Hong Kong.
Traders work on the floor of the New York Stock Exchange

Wall Street Set for Lower Open; Earnings Reports Awaited

Stock futures pointed to a lower open for Wall Street Wednesday, with investors believing that Tuesday's meeting between French and German leaders failed to make significant progress on the euro zone sovereign debt crisis.
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Wall Street set for lower open; inflation data eyed

Stock futures pointed to a lower open for Wall Street on Wednesday, with investors feeling that Tuesday's meeting between French and German leaders failed to make significant progress on the euro zone sovereign debt crisis.

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