Insight: GM hopes spending on start-ups will make it cool (Reuters)

Reuters – From an empty auto-parts plant in the heart of Rust Belt America, General Motors Co is out to show the world that the automaker once dismissed as an industrial dinosaur has gained some Silicon Valley cool just two years after its taxpayer-funded bankruptcy. Yahoo! News
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Wall Street ends down after 3 days of gains (Reuters)

Reuters – U.S. stocks ended lower on Tuesday after three days of gains when a meeting between the heads of France and Germany failed to quell fears about euro zone leaders’ ability to contain the region’s sovereign debt woes. Yahoo! News: Business News
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Sarkozy and Merkel push euro integration (Reuters)

Reuters – The leaders of France and Germany unveiled wide-reaching plans Tuesday for closer euro zone integration, including deficit limits and biannual summits, but said joint euro bonds could only be a longer-term option. Yahoo! News: Business News
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Industrial output surges as Japan quake impact eases (Reuters)

Reuters – U.S. industrial output recorded its best gain in seven months in July as the auto sector bounced back from supply disruptions wrought by Japan’s devastating earthquake in March. Yahoo! News: Business News
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Saks, Wal-Mart show widening U.S. consumer split (Reuters)

Reuters – At luxury department store chain Saks Inc , customers were buying more designer suits at full price. Yahoo! News: Business News
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