The Nikkei 225 Stock Average fell for the third time in seven days as wrangling between U.S. lawmakers over plans to raise the federal debt limit intensified concern the global recovery may stall.

Corn dropped as rains in parts of the U.S. eased concerns about yield losses and lawmakers failed to reach a consensus on how to tackle debt in the world’s largest economy, prompting investors to exit riskier assets.

LG Electronics Inc., the world’s third-largest maker of mobile phones, rose the most in a month in Seoul trading after the company reported narrower losses than analysts estimated at the wireless division.

Orders for long-lasting goods probably increased in June for a second month, a sign companies are investing in new equipment even as they try to contain other costs, economists said before a report today.

Google Inc. General Counsel Kent Walker said the smartphone industry is in an arms race for patents that is hurting consumers and leaving the company to “sort through the mess” of litigation.

Microscopic signs of breast cancer in the lymph nodes of women with early-stage disease don’t signal an increased risk of dying, according to a study that suggests testing for the tiny traces may be a needless expense.

The National Football League will repay its employees all wages and bonuses lost during the 4 1/2- month lockout, according to a memo obtained by Bloomberg News.

Wells Fargo & Co., the biggest U.S. home lender, said Avid Modjtabai will lead the bank’ new consumer-lending business and that Mike Heid will be sole president of the mortgage unit.