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Visa to speed up migration to mobile wallet

Visa Inc said it would accelerate the move to chip technology and speed up the use of mobile payments in the United States, as the world's largest payment processor tries to corner a share in the nascent smartphone payments market.

Del Potro issues Grand Slam warning at Rogers Cup

Juan Martin Del Potro stormed to a 6-4 6-0 first round win over Finland's Jarkko Nieminen at the Rogers Cup Monday, the Argentine continuing his impressive comeback with the U.S. Open on the horizon.

Phillies' Victorino appeals ban, homers in win

Philadelphia outfielder Shane Victorino made light of a three-game ban hanging over his head by smashing his 12th home run of the season in the Phillies' 5-3 win over the Los Angeles Dodgers on Monday.

Factbox: How Canada tamed its budget deficit

Canada took a decade to win back its prized AAA rating after debt downgrades in the early 1990s that were prompted by concern that its budget deficit was billowing out of control.

Stock futures rebound from plunge, all eyes on Fed

Stock index futures rose on Tuesday, indicating a partial rebound from the previous session's nosedive, as investors looked to a Federal Reserve statement for clues on how it may combat the growing perception the nation was headed for recession.

Gavin DeGraw injured in New York assault

Singer Gavin DeGraw, whose hits include "I Don't Want to Be," suffered a broken nose and was hospitalized after he was attacked by a group on a New York City street.

Top seeds dealt early exits from Rogers Cup

Former world number one Jelena Jankovic suffered a swift exit at the Rogers Cup Monday, falling 6-1 6-3 to Germany's Julia Goerges on a day where a pair of other top seeds fell.

Spermless mosquitoes could help halt malaria spread

Releasing genetically modified, spermless male mosquitoes into the wild could in future help to prevent malaria transmission and reduce the chances of large outbreaks of the killer disease, British scientists said on Monday.

Jay-Z, Kanye West earn high praise for "Throne"

No need for Kanye West and Jay-Z to simply watch a throne. Judging by Monday's reviews and Web response to their new album, "Watch the Throne," they should just sit atop it to reign over the realm of hip hop.

Wall Street sinks on S&P downgrade, economic worry

Investors fled stocks on Monday in the first session since Standard & Poor's cut the AAA credit rating of the United States, adding to worry about the economic outlook and Washington's ability to meet the challenges.

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