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Twitter-using Steelers player sues over lost endorsement deal

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Pittsburgh Steelers running back Rashard Mendenhall is suing Hanesbrands Inc. for terminating an endorsement deal after the football player posted controversial messages on Twitter following the death of Osama bin Laden, his attorney said on Tuesday.
U.S. President Barack Obama, D-Ill.

Obama Hails 'Gang of Six' Debt Plan

President Obama Tuesday indicated his support for a new deficit-reduction plan that is gaining momentum in the U.S. Senate, calling it a very significant step and one that is broadly consistent with the significant reduction he seeks in the nation's budget deficit. If approved by Congress, the deal would avert a U.S. Government default.
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Isis hooks up with four credit networks

Isis, a venture of three of the top four U.S. mobile providers, plans to launch mobile payments services with the major payments networks Visa, MasterCard, Discover and American Express.
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Instant view: Housing starts hit 6-month high, permits up

U.S. housing starts rose more than expected in June to touch a six-month high and permits for future construction unexpectedly increased, a government report showed on Tuesday, likely reflecting growing demand for rental apartments.
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Verizon to dominate Q2 wireless growth

Verizon Wireless is expected to far outstrip its biggest rivals AT&T Inc and Sprint Nextel in subscriber growth for its first full quarter selling the Apple Inc iPhone.
U.S. National Debt Clock

‘Last-Chance’ Debt Deal May Be Only Deal

It's been said that Congress never fails to underachieve and exasperate, and that's been the case with the debt talks, so far. The House GOP is currently wasting time with a balanced-budget bill that has almost no chance of becoming law, and the best Senate Democrats can offer is a minimal deficit reduction package.
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FDA plans oversight of some mobile medical apps

A fast-growing number of software applications offers doctors the chance to view X-rays or monitor heart rates from iPads or smartphones, prompting U.S. health officials on Tuesday to propose government oversight for some of the more complex health apps.

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