Reuters - Boeing Co's quarterly profit beat expectations as operating margins improved and it contained costs, sending shares of the company higher.

Taylor Swift has named her first fragrance "Wonderstruck," drawing upon a lyric from one of her songs, "Enchanted." The fragrance will be available in prestige department stores in October.

Reuters - The United States edged closer on Tuesday to a devastating default as Republicans and Democrats deadlocked over competing plans to raise the debt ceiling, one week before a deadline to act.