Business News Headlines

European bonds and stocks on the defensive before tight Greek vote

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LONDON - European bonds and stocks traded cautiously on Friday before a Greek referendum on EU-prescribed reforms that could determine the country's future in the euro zone and which polls suggest could go either way.

7:50am EDT

Greeks deeply divided heading into crucial vote

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ATHENS - Tens of thousands of Greeks took to the streets on Friday in rival rallies that laid bare the deep divide heading into a referendum that may decide the country’s future in Europe’s single currency. | Video

World, Greece 6:08pm EDT

Aetna to buy Humana for $37 billion in largest insurance deal

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- Health insurer Aetna Inc on Friday said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry.

12:32pm EDT

China hunts for 'manipulators' as stocks tumble

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SHANGHAI - Chinese stocks tumbled again on Friday, taking the week's losses to more than 10 percent, as the securities regulator said it was investigating suspected market manipulation and announced a slew of measures aimed at heading off a full-blown crash. | Video

UBS has whistleblower deal in Brazil currency investigation: paper

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SAO PAULO - Swiss lender UBS AG made a whistleblower deal with Brazilian authorities investigating the suspected rigging of Brazil's currency market and will receive no punishment in the case, a local newspaper reported on Friday.

8:19am EDT

Thu, Jul 2 2015

BP reaches $18.7 billion settlement over deadly 2010 spill

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HOUSTON - BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history.

U.S., Environment 02 Jul 2015

Fiat Chrysler CEO says no news on approach to GM but consolidation good

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TURIN - Consolidation continues to be necessary in the auto industry but there is nothing new to report on Fiat Chrysler's desire for a tie-up with General Motors , FCA CEO Sergio Marchionne said on Friday.

2:17pm EDT

Airlines' undisciplined talk may have led to antitrust probe: experts

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WASHINGTON - Frequent assurances by U.S. airline executives that they would maintain "discipline" when adding seats on competitive routes were a red flag for antitrust regulators on alert for collusion between the four largest air carriers, antitrust experts said Thursday.

Mixed U.S. jobs report dampens September rate hike bets

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WASHINGTON - U.S. job growth slowed in June and Americans left the labor force in droves, tempering expectations for a September interest rate hike from the Federal Reserve. | Video

02 Jul 2015

Heinz completes Kraft purchase, Buffett joins board

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- H.J. Heinz Co on Thursday completed its purchase of Kraft Foods Group Inc, creating the third largest food and beverage company in North America and fifth largest worldwide.

02 Jul 2015