• What's next, as Greece stumbles toward euro exit

    Updated: 55 min ago

    FRANKFURT, Germany (AP) — Greece is at the last chance saloon, thirsty and out of credit. Next stop could be the badlands of euro exit. Without a deal on more bailout loans, the heavily indebted country faces looming financial hurdles in the coming days. If it stumbles, it could leave the shared currency in a chaotic mess. A resounding "no" vote in a referendum Sunday on the tough conditions attached to more loans leaves Athens at odds with its main creditors — the other eurozone governments, led by Germany. "Greece is in limbo and is sliding fast toward Grexit," said Berenberg Bank economist Holger Schmieding, using the shorthand for Greek exit. Here are questions and answers on what Greece faces next.

  • Chinese stocks drop, other Asian markets mixed

    Updated: 56 min ago

    BEIJING (AP) — Chinese stocks fell Tuesday despite official efforts to shore up slumping prices while other Asian markets were mixed after Wall Street's decline. KEEPING SCORE: The Shanghai Composite Index fell 4 percent to 3,625.66 and Hong Kong's Hang Seng shed 1.1 percent to 24,959.28. Tokyo's Nikkei 225 gained 1.4 percent to 20,390.84. Taiwan, Singapore, Bangkok and New Zealand also rose. Seoul's Kospi shed 1.2 percent to 2,029.53 and Sydney's S&P/ASX 200 rose 1.5 percent to 5,599.80. CHINA'S DECLINE: Chinese shares have fallen nearly 30 percent after hitting a peak June 2. Most Chinese indices still are up about 80 percent after starting an explosive rise late last year.

  • US stocks slip amid global sell-off after Greek 'no' vote

    Updated: 1 hr ago

    NEW YORK (AP) — Stocks in the U.S. fell broadly following drops in overseas markets as Greeks voted to reject creditor conditions for more loans, but the losses weren't as steep as many had feared. With time running out for Greece to strike a new deal and its banks desperately short of cash, a wave of selling that started in Asia early Monday spread to Europe, then the U.S. By the end of the day, nine of the 10 industry groups in the Standard and Poor's 500 index were down. But the index itself had fallen a modest 0.4 percent. Still, many investors were clearly nervous, putting money into assets considered safe bets in turbulent times such as U.S. government bonds.

  • Highlights of the 2015 Oregon legislative session

    Updated: 1 hr ago

    SALEM, Ore. (AP) — The Oregon Legislature adjourned Monday evening after five months of work. Here's a look at some of the biggest stories from the 2015 session: ___ VOTER REGISTRATION Oregon became the first state to automatically register most adult citizens to vote. Under the legislation, everyone who has interacted with the Driver and Motor Vehicle Services Division since 2013 but hasn't registered to vote will receive a ballot in the mail at least 20 days before the next statewide election. It's expected to add about 300,000 new voters to the rolls. ___ CARBON EMISSIONS In March, Gov. Kate Brown signed a controversial climate change bill that aims to reduce carbon emissions and spur investments

  • Samsung forecasts profit fall as S6 sales disappoint

    Updated: 1 hr ago

    SEOUL, South Korea (AP) — Samsung Electronics Co. forecast a fall in second quarter profit in a sign that sales of its much anticipated Galaxy S6 smartphones failed to meet expectations. Samsung on Tuesday estimated its second quarter operating profit at 6.9 trillion won ($6.1 billion), down 4 percent from a year earlier. The result represents a 15 percent gain from the previous quarter but it was lower than the 7.23 trillion won forecast in a FactSet survey of analysts. Sales declined 8 percent from a year earlier to 48 trillion won, falling short of the FactSet forecast of 52.8 trillion won. The South Korean company will release its full result for the quarter later this month.

  • South Dakota regulators hold hearing on Keystone XL pipeline

    Updated: 2 hr ago

    PIERRE, S.D. (AP) — South Dakota residents were split Monday over the merits of allowing the Keystone XL oil pipeline through the state, with some telling regulators the project would be an economic engine but others calling it a grave threat to the environment. More than 50 people offered their opinions on the state's portion of the pipeline during the three-hour South Dakota Public Utilities Commission session. The commission will make its decision after holding a final evidentiary hearing starting in late July. South Dakota is one of several fronts where TransCanada Corp. is stalled in attempting to get approval for the long-delayed oil pipeline that would cut through South Dakota and other states to move Canadian oil to

  • Venezuela recalls ambassador in Guyana amid border dispute

    Updated: 2 hr ago

    CARACAS, Venezuela (AP) — President Nicolas Maduro announced Monday that he was recalling Venezuela's ambassador in neighboring Guyana for consultation amid mounting tensions over their disputed border. During an address to parliament, Maduro said that he also is initiating a comprehensive review of relations with much smaller Guyana and reducing the size of Venezuela's embassy there. "Venezuela is coming under new forms of assault and aggression," he said. "This is a grave, dangerous situation that we must combat with national unity." A potentially rich oil discovery in waters off the northern coast of South America has rekindled the border dispute that stretches back to the 19th century.

  • Longtime Hollywood producer Jerry Weintraub dies at 77

    Updated: 2 hr ago

    NEW YORK (AP) — One of the last of the classic Hollywood showmen, Jerry Weintraub built his show business empire on a Rolodex and chutzpah. The Brooklyn-born son of a Bronx jeweler, Weintraub rose from the mailroom of a talent agency to become a top concert promoter before shifting into a decades-long career as a top Hollywood producer. Along the way, Weintraub worked with the most famous of stars — Elvis Presley, Frank Sinatra, George Clooney, Brad Pitt — and was a close friend of former President George H.W. Bush. He relished his insider status, just as they savored the stories that eagerly poured out of him.

  • Mom of man killed setting off fireworks on head: rules lax

    Updated: 2 hr ago

    PORTLAND, Maine (AP) — The mother of a man who tried to launch a firework off the top of his head for July Fourth and was killed instantly said Monday she's advocating for stricter controls about who can use the explosives. Devon Staples, 22, and his friends had been drinking and setting off fireworks Saturday night in a backyard in Staples' eastern Maine hometown, Calais, when the accident happened with a reloadable fireworks mortar tube, police have said. Staples' mother, Kathleen Staples, said she is going to reach out to lawmakers about the possibility of tighter controls over fireworks. The state should consider requiring safety training courses before allowing someone to use them, she said. She compared fireworks with

  • Police: No suspect in disguised man's $75,000 Wal-Mart theft

    Updated: 4 hr ago

    BRISTOW, Okla. (AP) — Investigators were working Monday to identify a man who took more than $75,000 from an Oklahoma Wal-Mart after disguising himself as an armored truck driver. Bristow Police Chief Wayne Williams said authorities in northeast Oklahoma have received some anonymous tips about the identity of the man whose image was captured by a video surveillance camera. "We've got some calls out on it, but nothing yet," Williams said. He said officials do not believe the suspect lives in the area. Authorities say the suspect entered the Wal-Mart store in Bristow about 10:30 a.m. Saturday, walked to the cash office, signed for the deposit and walked out of the store. He drove away in a dark four-door Chevrolet.

  • Sheryl Sandberg joins SurveyMonkey board of directors

    Updated: 4 hr ago

    SurveyMonkey will add two new members to its board of directors, including Facebook's chief operating officer, Sheryl Sandberg. Sandberg is the widow of David Goldberg, who was CEO at SurveyMonkey from 2009 until he died in an accident while exercising in May. The Palo Alto, California, company said Monday its other new director is David Ebersman, the CEO of Lyra Health and former chief financial officer at Facebook. SurveyMonkey, which operates an online survey platform, also said Zander Lurie, its acting executive chairman, will take on the role on a permanent basis.

  • GoPro to sell smaller camera

    Updated: 4 hr ago

    NEW YORK (AP) — GoPro, the sports camera maker, plans to launch its smallest camera yet. The Hero4 Session, which weighs 2.6 ounces, will go on sale July 12, the company said Monday. The lightest camera it currently sells on its website is the Hero4 Silver at 2.9 ounces. While it weighs less, the new camera hasn't shrunk in price: The Hero4 Session will retail for $399.99, about the same price as previous models. The San Manteo, California-based company said the camera is simpler to use, because it has one button to put on the camera on and begin recording. The Hero4 Sessions is also waterproof for up to 33 feet and doesn't need a separate waterproof case, the company said.

  • Court overturns ex-Goldman Sachs programmer's conviction

    Updated: 5 hr ago

    NEW YORK (AP) — A New York state judge on Monday overturned the conviction of a former Goldman Sachs programmer for stealing confidential computer code — three years after a federal appeals court overturned his conviction on similar charges. State Supreme Court Justice Daniel Conviser said in his ruling prosecutors didn't prove as required by state law that Sergey Aleynikov made a "tangible" copy of secret computer code designed to run high-frequency trading on his last day of work at Goldman in June 2009. A spokeswoman said Manhattan District Attorney Cyrus R. Vance is deciding whether to appeal the case. State law allows judges to overturn jury verdicts under certain circumstances. "We think this defendant committ

  • Longtime Hollywood producer Jerry Weintraub, who backed 'Karate Kid,' 'Ocean's Eleven,' dies

    Updated: 5 hr ago

    NEW YORK (AP) — Longtime Hollywood producer Jerry Weintraub, who backed 'Karate Kid,' 'Ocean's Eleven,' dies.

  • Peabody Energy still chafes at strip-mining protest song

    Updated: 5 hr ago

    CHEYENNE, Wyo. (AP) — More than 40 years after it was first recorded, a strip-mining protest song still rankles one of the nation's largest coal mining companies. Peabody Energy Corp., which operates major mines in Wyoming, asked a federal judge in Casper to strike lyrics of singer-songwriter John Prine's 1971 song "Paradise" from a federal lawsuit filed by a pair of environmental activists who claim they were jailed for demonstrating at a company shareholders meeting.

  • $333K in settlements for 6 pepper-sprayed Occupy protesters

    Updated: 6 hr ago

    NEW YORK (AP) — The city has agreed to pay a total of $332,500 to six Occupy Wall Street protesters who said police unjustly blasted them with pepper spray in an episode that helped propel the movement into the spotlight. The settlements, reached in recent weeks, range from $52,500 to $60,000 per person in cases arising from Occupy's early days in September 2011. They're among a number of payouts the city has OK'd over its handling of the protests against economic inequality while fighting some other claims. The city's Law Department said Monday the latest settlements were in the city's best interest. The protesters' lawyers said the lawsuits held police accountable for their actions.

  • Man convicted of murder in steel company worker's 1968 death

    Updated: 6 hr ago

    STROUDSBURG, Pa. (AP) — A man has been convicted of murder in the death of another man almost five decades ago. Richard Keiper, of Boyd, Texas, was convicted Monday in the October 1968 death of Alfred Barnes, a 40-year-old assistant to the vice president at steel producer Bethlehem Steel. Hunters found Barnes' bullet-riddled body in a field near Effort, and his car later was recovered in New Jersey. Prosecutors said Keiper, 68, was arrested in September 2013 after confessing his involvement in Barnes' death. Authorities said he gave two versions of what happened but said in both that he acted in self-defense when Barnes pulled a gun on him.

  • Sears' REIT goes public as others consider similar moves

    Updated: 7 hr ago

    NEW YORK (AP) — Seritage Growth Properties, the real estate spinoff of Sears Holdings Corp., made its debut Monday on the New York Stock Exchange and estimated that it had raised about $1.6 billion from the offering. Sears, which is dealing with slumping retail sales, formed the real estate investment trust to extract more revenue from its properties. It plans to sell and lease back about 235 properties, most of them Sears and Kmart stores, to the REIT. Sears expects to raise $2.6 billion in proceeds from the REIT buying those properties. Seritage is trading under the symbol SRG. It shares rose $1.08, or 3 percent, to close at $37.10.

  • 'Inside Out' emerges atop 'Jurassic World' in final tally

    Updated: 7 hr ago

    NEW YORK (AP) — Three weeks after opening, Pixar's "Inside Out" has finally slayed the dinosaurs of "Jurassic World." In final box office figures released Monday, "Inside Out" came out slightly ahead of "Jurassic World" after estimates Sunday had "Jurassic World" narrowly edging "Inside Out" for the top spot. The acclaimed Pixar original took in $29.8 million over the July 4 weekend for Disney, enough to barely surpass the hit Universal reboot "Jurassic World," which pulled in $29.2 million on its fourth weekend. While those two releases continued to dominate the multiplexes, two new releases struggled to find moviegoers over the summer holiday.

  • Court: Georgia official can set Vidalia onion packing date

    Updated: 7 hr ago

    ATLANTA (AP) — Georgia's agriculture commissioner can set a packing date for the state's famed Vidalia onions, an appeals court has ruled. The Georgia Court of Appeals ruled last Tuesday in a dispute between state Agriculture Commissioner Gary Black and Bland Farms, a major grower of the sweet onions. In August 2013, Black established a rule setting a packing date that he said was meant to keep immature Vidalia onions off store shelves to protect a $150 million brand. Black had the support of many farmers — the appeals court ruling notes that 11 filed a brief in support of his arguments.




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