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Adidas Cancels Its 'Shackle Shoes'

The "JS Roundhouse Mids" were to come with plastic chains and cuffs in prison orange. Adidas says it was an "outrageous and unique take on fashion and has nothing to do with slavery." But it's decided not to sell the shoes after sparking outrage.

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Signs Of Strength In Latest Housing Data

There was a 7.9 percent jump in the number of construction permits issued to home builders in May. And construction began on more single family homes than in April.
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Spain's Borrowing Costs Soar; Latest 'Ominous Sign' In Europe

Investors are demanding sharply higher rates. That's adding to the pressure on world leaders to do more to get Europe's financial crisis under control.
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Fed Debates Easing U.S. Monetary Policy

The Federal Reserve starts its latest two-day meeting Tuesday, and analysts around the globe are wondering whether the central bank will end ease monetary policy. The meeting follows some tough U.S. labor data and the recent Greek elections.
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Bank Hoax: Chinese Man Invents Takeover Story

Businessman Lin Chunping made headlines in China earlier this year. He spoke in the Chinese media of how he took over the Atlantic Bank in Delaware, which went bankrupt in 2008. But it turns out, the bank didn't even exist.
NPR

Microsoft's Surface Tablet To Compete With iPad

Microsoft has introduced a new tablet computer, called Surface, that it says works perfectly with the software giant's new operating system Windows 8. Microsoft didn't reveal when Surface would be available, but insiders are guessing this fall.
NPR

It's Taxis Vs. Limos In Laid-Back Portland

Like several other U.S. cities, Portland, Ore., requires limousines and town cars to charge higher fares than taxicabs. Two town car companies have filed suit against the city, arguing that the two sets of regulations are unconstitutional.

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