LOS ANGELES - The record $2 billion sale of pro basketball's Los Angeles Clippers to former Microsoft Corp chief executive Steve Ballmer can proceed over the objections of co-owner Donald Sterling, a judge tentatively ruled. Full Article
HOUSTON - Iraq filed suit on Monday in a Texas court to gain control of a cargo of crude oil from Iraqi Kurdistan that Baghdad says was sold without its permission.
GAZA/JERUSALEM - A grim-faced Israeli Prime Minister Benjamin Netanyahu warned of a protracted conflict in Gaza, dashing any hopes of a swift end to the three-week conflict as Palestinian fighters launched an audacious cross-border raid. Full Article | Slideshow
Summary: Wall Street was little changed as investor sentiment bounced between housing concerns and jubilation over the combinations of Dollar Tree and Family Dollar, as well as Zillow and Trulia; Court orders Russia to pay $50 billion for Yukos siege; Lloyds agrees to LIBOR fine. Conway G. Gittens reports.
Why a Maine town wants to secede from the U.S. and Amazon's latest customization offering. Amy Tennery's picks of Reuters coverage. Full Article