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Two of the biggest-name US retailers, JC Penney and Abercrombie & Fitch report lower sales.
New York State's attorney general threatens to sue US bank Merrill Lynch for misleading investors.
US video game giant Electronic Arts decides to reassess its £1.9bn offer for Take-Two Interactive Software.
A prayer group in Washington DC is claiming the credit for a sharp drop in the US price of petrol.
The eurozone sees its trade deficit shrink sharply in June from the month before, but fail to meet forecasts.