WASHINGTON/BEIRUT - The United States and several Gulf Arab allies launched air and missile strikes on Islamic State strongholds in Syria, killing at least 70 militants. Full Article
NEW YORK - Companies in the S&P 500 spent $116.2 billion on stock buyback programs in the second quarter, according to S&P Dow Jones Indices, a rate representing fewer repurchases from the previous quarter, even as more companies reduced their share counts.
NEW YORK - Mohamed El-Erian expected to go quietly. The one-time heir apparent to Pimco investment chief Bill Gross had no idea leaving the firm would create a fire storm, and he gave no real consideration to staying on and working less. Full Article
Clashes break out in the West Bank after the killing of two Hamas members from Hebron blamed by Israel for the abduction and killing of three Israeli teens in June. Rob Muir reports.