Borders looming liquidation will have wide-ranging effect on the book industry. Borders bankruptcy marks the decline of big-box stores it pioneered.

The Apple MacBook Air is here. So how does this Lion-powered machine stack up to past Air models?

Kim Kardashian is suing Old Navy over an ad that features a model who looks like her.

AP - Running out of time, President Barack Obama softened his stand and signaled Wednesday he would back a short-term deal to prevent a disastrous financial default on Aug. 2, but only if a larger and still elusive deficit-cutting agreement was essentially in place. He called lawmakers to the White House in a scramble to find enough votes from both Republicans and his own party.

AP - Prime Minister David Cameron dragged his political foes into Britain's phone-hacking scandal at a raucous session of Parliament on Wednesday, distancing himself from a former aide at the heart of the allegations and denying his staff tried to thwart police investigations.

AP - If the extreme heat and humidity lingering over much of the nation feels like a steam bath, it's because the same principles are at work in the atmosphere.