10 things you need to know today: July 29, 2013

1. 80 PERCENT OF U.S. ADULTS FACE NEAR-POVERTY OR UNEMPLOYMENT

A new Associated Press survey reveals that four out of five U.S. adults struggle with joblessness, near-poverty, or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security. The survey points to an increasingly globalized economy, the widening gap between rich and poor, and the loss of decent-paying manufacturing jobs as reasons for the trend. The findings come as President Obama tries to renew his administration's emphasis on the economy. [Huffington Post]

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2. EU CHIEF ATTEMPTS NEGOTIATION AS EGYPT'S DIVIDE DEEPENS

As EU foreign policy chief Catherine Ashton begins a visit to Egypt, police in the country have arrested two leaders of an Islamist party, the latest to be swept up in a crackdown on the Muslim Brotherhood and its allies. Supporters of ousted President Mohammed Morsi are continuing their defiance of the military-backed government, marching on three key points in Cairo to call for Morsi's reinstatement. [BBC, ABC News]

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3. MIDDLE EAST PEACE TALKS RESUME

Israeli and Palestinian officials are in Washington on Monday to end five years of diplomatic stalemate and prepare for a new round of peace talks, though optimism is in short supply after two decades of failed attempts to reach a deal. The resumption of talks was made possible by a decision by Israel's Cabinet on Sunday to free 104 long-held Palestinian prisoners. [The Washington Post]

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4. BUS CRASH KILLS AT LEAST 38 IN ITALY

At least 38 passengers have died after a bus hit several cars and plunged 50 feet off a viaduct on a mountainous stretch of the A16 highway in the Campania region of Italy. Firefighters said at least 11 people were injured, some quite seriously, and taken to the hospital. [The New York Times]

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5. DRIVER IN DEADLY SPANISH TRAIN CRASH CHARGED WITH RECKLESS HOMICIDE

Francisco Jose Garzon Amo, the driver of a Spanish train that crashed, killing 79 people, was provisionally charged with multiple cases of reckless homicide on Sunday. He must appear before court once a week and is forbidden to leave Spain without permission. [BBC]

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6. APPLE SUPPLIER IS ACCUSED OF LABOR ABUSES

A labor rights group has accused a Taiwanese company that makes iPhones for Apple of abuses, including withholding employees' pay and excessive working hours. China Labor Watch said it found violations of the law and of Apple's pledges about working conditions at factories operated by Pegatron Corp. Apple said in a statement it was "committed to providing safe and fair working conditions" and would investigate the claims about Pegatron. [TIME]

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7. HUDSON'S BAY CO. BUYS SAKS

Luxury retailer Saks is being purchased by the parent of Lord & Taylor for approximately $2.4 billion, plus another $500 million or so in assumed debt. The news comes a little over a month after reports surfaced that Hudson's Bay Co. was interested in buying Saks Inc. [The New York Times]

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8. CANNES ROBBER STEALS $53 MILLION WORTH OF JEWELS

A jewelry exhibit at the posh Carlton Hotel in Cannes was held up on Sunday and an estimated $53 million worth of goods was swiped. It was the third such heist in the French Riviera resort in as many months. The lone robber reportedly made off with the jewels in a briefcase. The hotel was hosting a temporary jewelry exhibit of the Leviev diamond house, owned by Israeli billionaire Lev Leviev. [NPR]

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9. U.S. BEATS PANAMA TO NAB GOLD CUP WIN

The United States Men's National Team captured the Gold Cup title in soccer and earned its record 11th consecutive international victory with a 1-0 win over Panama Sunday at Soldier Field in Chicago. It was the first Gold Cup win for the U.S. since 2007. [CBS Sports]

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10. RADIO HOST KIDD KRADDICK DIES

David "Kidd" Kraddick, the radio and TV host of the Kidd Kraddick in the Morning show heard on dozens of U.S. radio stations, died at a charity golf event near New Orleans, a publicist said late Saturday. Kraddick was 53. [People]