Olympic Spirit: Mitt Romney questioned the readiness of London to play host to the Olympic games and was quickly rebuked by Prime Minister David Cameron. The Washington Post reports that Romney said it is "hard to know just how well it will turn out."
Take Two: A new proposed bankruptcy settlement for Dewey & LeBoeuf would have firm leaders kicking in more money since they were in a position to presumably prevent the firm's collapse. Am Law Daily reports.
Patent War: It appears as if Apple and Samsung will take their patent battles to court next week in California. Bloomberg reports that jury selection starts next week.
Taxes: If all the Bush-era tax cuts expired, about 80 percent of Americans would pay more in taxes, reports NPR. As Congress debates the topic, neither Republicans nor Democrats are backing down.