Brazilian Foreign Minister Antonio Patriota criticized U.S. surveillance in Brazil and said the trust between the U.S. and Brazil would be damaged if U.S. explanations about the program are not satisfactory.
The federal government is trying to block the proposed merger of American Airlines and US Airways, saying it would cause "substantial harm" to consumers by leading to higher fares and fees.
U.S. stocks moved back into positive territory despite declines in consumer stocks, particularly homebuilders, in another day of light trading volume.
Oprah Winfrey apologized for the media response caused by her comments about an incident in a Swiss luxury store when an assistant refused to show her a $38k handbag. "I'm really sorry that it got blown up. I purposefully did not mention the name of the store. Winfrey said on the red carpet for her new film "Lee Daniels' The Butler" in LA. "I'm sorry that I said it was Switzerland."