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Greece faces last chance to stay in euro as cash runs out

BRUSSELS/ATHENS - Greek Prime Minister Alexis Tsipras is expected to present new proposals to an emergency euro zone summit on Tuesday, under pressure from European leaders to come up with credible ideas as his country's banks face potential meltdown. | Video

Recent Business News

U.S. banks post detailed crisis plans to avoid breakup threat

WASHINGTON - A dozen of the largest Wall Street banks on Monday published detailed plans to show how they would shut down their business during a crisis without the help of taxpayer money, a crucial step to prevent being broken up by regulators.

HSBC fires UK staff over mock execution video

LONDON - HSBC has fired UK staff who filmed themselves staging a mock Islamic State-style beheading of a colleague and posted the video online, it said on Tuesday.

6:56am EDT

Samsung Electronics profit guidance suggests costly S6 miss

SEOUL - South Korean tech giant Samsung Electronics Co Ltd on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone launch and tepid demand from key markets likely undercut sales. | Video

Tech, South Korea 5:11am EDT

Reddit CEO apologizes after outrage over employee dismissal

SAN FRANCISCO - Reddit Chief Executive Ellen Pao on Monday issued an apology to users of the popular social news platform over the way the company handled the dismissal of a well-liked employee last week, a move that drew widespread outrage from users.

06 Jul 2015

China economic uncertainty a potential risk for U.S. chipmakers

SAN FRANCISCO - Tumbling markets and economic uncertainty in China pose a risk to major chipmakers such as Qualcomm Inc that derive a big portion of their sales from the world's second-largest economy.

Tech, China 06 Jul 2015

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