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  • As heavily indebted European countries have seen their options dwindle, the ECB has flexed its muscle — and not always subtly.
  • YouFace is the name of a new social networking site that aims to lure local Internet users away from Facebook, and "boost patriotism among young people in Uzbekistan."
  • The new figures released by the Chinese government matter to the U.S. because of the way the world economy is so interconnected. Americans import a lot from China, but have also been working to boost exports to other nations, including China.
  • Fifty Shades of Grey, the biggest phenomenon in publishing right now, began as a work of fan fiction based on the Twilight books. Now, author E.L. James is taking the series to the ultimate fans: attendees at this year's San Diego Comic-Con.
  • Bank CEO Jamie Dimon says "all of our client-driven businesses had solid performance" and that "we have put most of this problem behind us."
  • People in Beirut are sick of political protests. Demonstrators have been blocking highways with burning tires. On Thursday, they held a protest using tires against protests using tires. Instead of burning the tires in the street, they painted the tires many colors.
  • Former U.N. Secretary-General Kofi Annan, who has been trying to broker a ceasefire in Syria, says he is "shocked and appalled" by the reports. Activists say the town of Tremseh has been attacked by government tanks and helicopter gunships.
  • JPMorgan Earned $5 billion in the second quarter even after the company had a $4.4 billion trading loss. Bank CEO Jamie Dimon says "all of our client-driven businesses had solid performance" and that "we have put most of this problem behind us."
  • It's hardly news to hear about surfers in Orange County, Calif., unless they're goats. Goatee and Pismo are stopping beachgoers in their tracks at San Onofre State Beach.
  • He had been accused of hurling racial insults at an opponent. The case has been front-page news in Britain. But a magistrate said today that there was doubt about whether Terry's words were meant as an insult.
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