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Mid-Atlantic manufacturing gains modestly
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RICHMOND, Va., July 27 (UPI) -- The Richmond, Va., Federal Reserve Bank said manufacturing activity in the Central Atlantic states expanded for the sixth consecutive month in July.

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Iceland starts process of joining EU
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BRUSSELS, July 27 (UPI) -- Formal talks began Tuesday on Iceland's application for membership in the European Union after EU foreign ministers approved the start of negotiations.

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Libya and South Korea at odds
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SEOUL, July 27 (UPI) -- Libya has deported a South Korean official on espionage charges and arrested several other South Koreans, a diplomatic source in Seoul said Tuesday.

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Study: Climate could drive immigration
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LOS ANGELES, July 26 (UPI) -- Scientists are predicting climate change could prompt mass migrations into the United States.

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Cubes, Jaguars recalled
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NEW YORK, July 26 (UPI) -- Japanese automaker Nissan Motor Co. is recalling 46,000 of its Cube vehicles and Britain's Jaguar is making fixes to 5,000 of its XF and XK model cars.

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Crop conditions remain positive
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WASHINGTON, July 26 (UPI) -- The U.S. Department of Agriculture said Monday corn silking progressed at a rapid clip last week.

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Crude oil prices climb
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NEW YORK, July 26 (UPI) -- Crude oil prices rose to close to $79 per barrel in New York Monday with equity markets mostly higher in Asia, Europe and on Wall Street.

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CBOT futures lower Monday
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CHICAGO, July 26 (UPI) -- Grain prices were lower on the Chicago Board of Trade Monday with a U.S. Department of Agriculture report putting crop conditions as mostly unchanged this week.

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Ford aims high with 2011 Explorer
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DEARBORN, Mich., July 26 (UPI) -- Ford Motor Co., launching its 2011 Explorer, said Monday the sport utility vehicle has luxury features that challenge "the SUV status quo."

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Crude oil prices drop
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NEW YORK, July 26 (UPI) -- Crude oil prices dropped under $79 per barrel in New York Monday morning and equity markets were mixed in Asia and Europe.

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Vatican rocked by 'gay priest' article
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ROME, July 24 (UPI) -- The Catholic Church is reeling from a new scandal over an Italian magazine article with photographs of priests visiting gay bars and having sex, observers said.

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Hyundai union approves contract
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ULSAN, South Korea, July 24 (UPI) -- Workers at South Korea's Hyundai Motor Company voted Saturday to accept a new contract and avoid a strike, Hyundai and the union announced.

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U.S. bank failures top 100
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WASHINGTON, July 24 (UPI) -- Regulators closed seven more banks in the United States recently, marking the second straight year more than 100 financial institutions failed, officials said.

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ECONOMY IN CRISIS: Officials close SouthwestUSA bank: Failure blamed on economy, regulation
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July 24--The top executive of SouthwestUSA Bank, a turnaround management specialist, completed turning around the bank a second time on Friday when regulators shut it down.

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Data: Gulf drilling not so clean pre-BP
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WASHINGTON, July 24 (UPI) -- More than 500,000 barrels of oil spilled into the Gulf of Mexico before the BP disaster, belying comments that drilling in the gulf was safe, federal data show.

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