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Greece's Tsipras digs in against bailout

ATHENS/BRUSSELS - A defiant Prime Minister Alexis Tsipras urged Greeks on Wednesday to reject an international bailout deal, wrecking any prospect of repairing broken relations with European Union partners before a referendum on Sunday that may decide Greece's future in Europe.

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U.S. sues to stop Electrolux acquiring GE's appliance business

WASHINGTON - The United States filed a lawsuit on Wednesday to stop Sweden's Electrolux AB , which owns the Frigidaire, Kenmore and Tappan brands, from buying General Electric Co's appliance business, the Justice Department said in a statement.

PayPal to buy digital money transfer provider Xoom

SAN FRANCISCO - PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it muscles into a growing international remittance market and expand in countries like Mexico, India and China ahead of a spinoff from eBay Inc .

Tech, Deals, Mexico 01 Jul 2015

Strong truck, SUV demand helped Ford, GM raise prices in June

DETROIT - Strong demand for sport utility vehicles and trucks in June helped General Motors Co and Ford Motor Co offset slowing demand for sedans by allowing them to raise prices on their trucks. | Video

01 Jul 2015

ArcelorMittal Mexico unit to slash 2,800 jobs

MONTERREY - ArcelorMittal, the world's largest producer of steel, will cut 2,800 jobs at its Mexico unit as global prices slump, it said in a joint statement with local competitors on Wednesday, while accusing Russia, China and Turkey of dumping steel on markets at levels below production costs.

01 Jul 2015

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