- A leak in the cap equipment must be fixed before BP can close the cap and begin siphoning off oil in the Gulf.
- Argentina's Senate will vote on legalizing gay marriage in the country, but the vote is expected to be very tough.
- California is suing mortgage giants Fannie Mae and Freddie Mac over implementation of the state's green housing initiative.
- JP Morgan becomes the first big bank to report earnings for the 2nd quarter and they are of course better than expected.
- Just because you win a Nobel Prize doesn't mean you're not crazy, apparently.
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