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In this July 26, 2011, photo, traders work on the floor of the New York Stock Exchange, in New York. Global stocks were weighed down again on Wednesday, July 27, by worries that the U.S. could default on its debt or see its credit rating cut as lawmakers in the world's largest economy appear no nearer to agreeing on raising the borrowing limit. (AP Photo/Henny Ray Abrams)
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From left: House Homeland Security Committee Chairman Rep. Peter King, New York Democrat, speaks July 27, 2011, with committee members Rep. Bennie Thompson of Missouri, the committee's ranking Democrat; Rep. Loretta Sanchez, California Democrat; and Rep. Al Green, Texas Democrat, on Capitol Hill before the committee's hearing on Islamic radicalization in the U.S., focusing on recruitment within the Muslim American community. (Associated Press)
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Attorneys for former Illinois Gov. Rod Blagojevich filed a 158-motion for a retrial on his behalf, citing alleged errors and biases. A jury last month convicted the former governor on 17 of 20 charges. (Associated Press)
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Netflix Inc., headquartered in Los Gatos, Calif., saw its second-quarter numbers fall short of many analysts' predictions, and the company's share price was off 9.2 percent in after-hours trading to $255.66. (Associated Press)
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NEGOTIATING: White House Chief of Staff Bill Daley said a debt deal can't be a "short-term gimmick." (NBC via Associated Press)
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Republican Gov. Chris Christie (left) shares a light moment with Harlem Children's Zone Executive Director Geoffrey Canada (far right) during a news conference at the New Jersey Community Development Corporation on Wednesday in Paterson. Mr. Christie, gaining clout for the 2012 presidential race, announced a new partnership between the HCZ and his administration. (Associated Press)
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PHOTOGRAPHS BY DUNKIN' BRANDS INC. VIA ASSOCIATED PRESS In a new Dunkin' Donuts TV spot, a construction worker drinking a Captain America Coolatta gets splattered with blue paint while chasing a dog that escaped its owner through a construction site, causing him to resemble the superhero. The commercial is part of the new "Captain America" film's aggressive marketing campaign.
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** FILE ** Treasury Secretary Timothy Geithner speaks at the Financial Stability Council meeting on the one-year anniversary of the Dodd-Frank Reform and Consumer Protection Act, Monday, July 18, 2011, at the Treasury Department in Washington. (AP Photo/Susan Walsh)
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NFL executive vice president and general counsel Jeff Pash listens to a reporter's question during a news conference where it was announced that NFL owners have agreed to a tentative agreement that would end the lockout, pending player approval, in College Park, Ga., on Thursday. The players have yet to vote on the approved 10-year collective bargaining agreement. (AP Photo/John Bazemore)
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Posing for photos after a news conference from right are Jim Albaugh, president and CEO of Boeing Commercial Airplanes; Gerard J. Arpey, president and CEO of AMR Corporation; Thomas Enders, CEO of Airbus and Tom Horton, president of American Airlines at Dallas-Fort Worth International airport in Grapevine, Texas Wednesday, July 20, 2011. American Airlines is buying at least 460 new planes over the next five years in the biggest single passenger jet order in history. American will buy 260 planes from Airbus and 200 from Boeing. (AP Photo/LM Otero)
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Virginia Gov. Bob McDonnell gestures as he announces a $311 million revenue surplus for fiscal year 2011 during a news conference as Lt. Gov. Bill Bolling, right, and Secretary of Finance, Ric Brown, center, listen at the Capitol in Richmond, Va., Tuesday, July 19, 2011. (AP Photo/Steve Helber)
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The headquarters of Goldman Sachs in New York City is a looming presence. The investment bank announced Tuesday that it earned $1.05 billion for common shareholders in the second quarter, more than double its profits compared with the same period a year ago. But the amount was well below what analysts were expecting. (Associated Press)
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A protester wearing a Rupert Murdoch mask makes his point outside Parliament in London on Tuesday. Mr. Murdoch, CEO of News Corp., and his son James, also a company executive, were questioned for three hours by a parliamentary committee about the ongoing phone-hacking scandal in Britain. (Associated Press)
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Sean Hoare, the whistleblower reporter who alleged widespread phone hacking by the News of the World, was found dead on Monday, July 18, 2011. (AP Photo/News International)
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Ann Arbor, Mich.-based Borders bookstores, the headquarters of which are shown here, will seek bankruptcy-court approval to liquidate after it failed to receive any bids that would keep it in business. (AP Photo/AnnArbor.com, Melanie Maxwell)
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Saudi Prince Alwaleed bin Talal al-Saud, No. 26 on Forbes' list of the world's richest people, received a $26 million loan from an arm of the World Bank for a luxury hotel in Ghana and Sen. Patrick Leahy, Vermont Democrat, wants to know why it was approved. (Associated Press)
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ASSOCIATED PRESS Charlie Sheen will have a financial stake and a measure of creative control of "Anger Management," the new TV series he will also star in. The show is based on the movie of the same name that starred Adam Sandler and Jack Nicholson. The show will be shopped to broadcast and cable networks.
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Sen. Richard J. Durbin, Illinois Democrat, says Congress should join an FBI investigation into whether News Corp. engaged in illegal activities in the United States.
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Rebekah Brooks, former British CEO of News Corp., was arrested in London and is being questioned about suspected phone hacking and corruption activities. (Associated Press)
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A newspaper is opened to show the advertisement apology for News International and photographed at a news vendor in central London, Saturday, July 16, 2011. News Corporation chairman Rupert Murdoch signed the company advert titled "We are sorry," which is published in British national newspapers Saturday. (AP Photo/Sang Tan)
