BRUSSELS - European Union threatened Russia with harsher sanctions over Ukraine, but tough talk may not be matched by action after France signaled the delivery of a warship to Moscow would go ahead. Full Article | Related Story
WASHINGTON - U.S. consumer prices rose in June as the cost of gasoline surged, but the underlying trend remained consistent with a gradual build-up of inflationary pressures.
- Coca-Cola Co reported lower-than-expected quarterly revenue as sales in North America, its biggest market, failed to show growth for the second straight quarter.
- McDonald's Corp's quarterly profit slipped about 1 percent as comparable sales in its struggling U.S. business fell, hurt by lower consumer traffic.
WASHINGTON - A deluge of Central American children pouring into the United States threatens to burst the seams of already overstuffed immigration courts, andÂ President Barack Obama's steps to ease the crisis are likely to make matters worse. Full Article
SEOUL - The body of South Korea's most wanted man, linked to the sinking of a ferry in April that killed 300 people, was identified more than a month after being found in an orchard, police said, with his book and empty bottles of alcohol nearby. Full Article