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Futures down as Greece weighs; GDP data awaited

- U.S. stock index futures were lower on Friday amid worries about Greece's ability to strike a deal with its euro zone partners by Sunday and ahead of U.S. gross domestic product (GDP) data.

Recent Business News

Unrepentant Lehman ex-CEO Fuld says firm 'was not bankrupt'

NEW YORK - Six years, seven months and 13 days after Lehman Brothers Holdings Inc filed for bankruptcy, its former chief executive, Richard Fuld Jr., is still insisting it did not go broke.

5:18am EDT

High spirits battle: Asia tycoons vie for cognac maker Louis Royer

HONG KONG/BANGKOK - Thai billionaire Charoen Sirivadhanabhakdi is considering buying cognac maker Louis Royer, people familiar with the matter said, potentially locking horns with a Philippine tycoon for the French firm amid a forecast rebound in Asian demand for luxury spirits.

6:53am EDT

Avago to buy Broadcom for $37 billion in biggest-ever chip deal

- Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players. | Video

Deals, Tech 28 May 2015

Fed rate hike in 2015 not consistent with mandate: Kocherlakota

HELENA, Montana - A U.S. interest rate hike this year would be a mistake, a top Federal Reserve official said on Thursday, and would represent a missed opportunity to boost employment and too-low inflation in an economy that has plenty of room to grow.

28 May 2015

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