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20120701-193744-pic-604602847.jpg

When European leaders announced Friday a broad strategy to funnel money into failing banks and keep borrowing costs down for governments, stocks soared around the world, including Japan. (Associated Press)

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Chinese President Hu Jintao (right) shakes hands with Hong Kong's new chief executive, Leung Chun-ying, after he takes the oath of office. (Associated Press)

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20120701-180557-pic-459476155.jpg

Singer Mary J. Blige sings after the Giorgio Armani fashion show held in Beijing, China, Thursday, May 31, 2012. (AP Photo / Ng Han Guan)

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Magic Johnson talks about his new Aspire network, which he called a "big platform" for black programming, with "family-driven content, positive images of African-Americans." (Associated Press)

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20120701-174646-pic-384970542.jpg

Magic Johnson's latest business venture is Aspire, a television network that went live last week in New York and promises family programming options for black audiences. (Associated Press)

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BANK.jpg

A closed sign is placed on the door at Community Bank on Saturday, June 30, 2012, in Staunton, Va. (AP Photo/The News Leader, Pat Jarrett)

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20120628-200414-pic-181240268.jpg

Secretary of the Interior Ken Salazar (second from left) examines solar electric panels at the Abound Solar Inc. manufacturing plant in Longmont, Colo., in 2009. The company borrowed about $70 million from the federal government only to file for bankruptcy and close its doors. The company also received nearly $12 million in tax credits. (Associated Press)

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Paolo Cipriani, director of the bank housed just inside Vatican City's gates, on Thursday described its checks to ensure that money that goes into and out of its accounts is clean. (Associated Press)

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AP120227186364.jpg

Defenseman Ryan Suter and forward Zach Parise, the top free agents on the market, signed with the Wild on Wednesday. (AP Photo/Mark Humphrey)

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AP120403154426.jpg

Forward Zach Parise will be the most coveted free agent once the market opens July 1. (AP Photo/Julio Cortez)

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20120628-170024-pic-344431066.jpg

Syrians peer at cars damaged by an explosion Thursday afternoon in Damascus near the capital's famous Hamidiyeh Market and the Palace of Justice. State TV reported at least three people were wounded and about 20 cars damaged. (Associated Press)

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CITY.jpg

Jaclyn King, 28, smiles as she arrives at her job at a Denver hospital on Wednesday, June 27, 2012. King grew up in the suburbs of Denver and now lives in the city and says she’ll never return to the suburbs because she wants to avoid the long commutes her parents had. (AP Photo/Kristen Wyatt)