August 7, 2013 10:43 AM
Stocks are falling for a third day in a row on Wall Street after several companies reported weak earnings. Kristin Davis, a self-described "ex-madam" who claims she supplied fellow city comptroller candidate Eliot Spitzer with escorts several years ago, is facing charges of illegally distributing prescription drugs. President Obama is canceling plans to meet with Russian President Vladimir Putin in Moscow next month ? a rare diplomatic snub. The move is retribution for Russia's decision to grant temporary asylum to NSA leaker Edward Snowden. It also reflects growing U.S. frustration with Russia on several other issues, including missile defense and human rights.