An armed pro-Russian separatist stands guard while monitors from the Organization for Security and Cooperation in Europe (OSCE) and a team of Malaysian air crash investigators inspect the crash site of Malaysia Airlines Flight MH17, near the village of Hrabove (Grabovo), Donetsk region July 22, 2014. REUTERS/Maxim Zmeyev

EU threats ring hollow

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 

U.S. consumer inflation rises on high gasoline prices 9:17am EDT

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.

Earnings

Coca-Cola sales miss estimates as North America growth stalls 9:06am EDT

- 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 profit falls on weak U.S. sales 8:37am EDT

- 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.

Smoke rises following what witnesses said was an Israeli air strike in Gaza City July 22, 2014.  REUTERS/Ahmed Zakot

Israel pounds targets in Gaza as Kerry arrives

GAZA/JERUSALEM - Israel pounded targets across the Gaza Strip, dashing hopes of a pause in the fighting, as the military said one of its soldiers was missing, presumed dead, following clashes with Hamas Islamists.  Full Article 

The Starbucks logo is seen outside its coffee store in front of Zhengyangmen Gate at Qianmen Commercial Street in central Beijing, April 19, 2012.  REUTERS/Jason Lee

China food scandal drags in big brands

SHANGHAI - The latest food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks, Burger King Worldwide and others, as well as McDonald's products as far away as Japan.  Video | Full Article 

A girl wearing a sign supports the start of a week-long hunger strike by seven people (not pictured), who said they were supporting immigrant children and their families fleeing violence and poverty in Central America, in Los Angeles, California July 21, 2014.  REUTERS/Lucy Nicholson

Migrant children wave poses challenge to courts

WASHINGTON - A deluge of Central American children pouring into the United States threatens to burst the seams of already overstuffed immigration courts, and├é┬áPresident Barack Obama's steps to ease the crisis are likely to make matters worse.   Full Article 

Officials place a photo of a victim of the sunken passenger ship Sewol, on the official memorial altar in Ansan April 30, 2014. REUTERS/Kim Hong-Ji

Korea ferry businessman's body identified

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 

A convoy of the Iraqi security forces is seen during a patrol, as smoke rises from clashes with Islamic State fighters, in Diyala province July 18, 2014. REUTERS/Stringer

Islamic State continues march towards Baghdad

BAGHDAD - Using its own version of "soft" and "hard" power, the Islamic State is crushing resistance across northern Iraq so successfully that its promise to march on Baghdad may no longer be unrealistic bravado.  Full Article 

Report
Gaza offensive enters third week

Israel's military offensive in Gaza goes into its third week as the U.S steps up efforts to help bring about a ceasefire. Paul Chapman reports.