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  • SEATTLE, June 29- Microsoft Corp said on Monday it will hand over its display advertising business to AOL Inc and AppNexus Inc, and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations. The moves mean Microsoft will focus on its growing search advertising business based on its Bing search...

  • KINGSTON, Jamaica— The developer of a $3.5 billion hotel-and-casino project under construction in the Bahamas announced Monday that it has filed for U.S. Baha Mar Ltd. said the U.S. filings were being done "voluntarily" in an effort to complete construction and open the megaresort touted as the most expensive project ever undertaken in the Bahamas.

  • WASHINGTON— The largest federal employee union has filed a class action lawsuit against the federal personnel office and its leaders for failing to safeguard personal files from computer hackers. The suit argues that negligence by federal officials contributed to the cybertheft of private information on up to 18 million current and former employees or...

  • KIEV, June 29- The Ukrainian Finance Ministry kept up pressure on creditors on Monday before key restructuring talks, blaming a bondholder group for the deadlock in negotiations, but the bondholder group said the ministry's comments showed an inconsistency in Kiev's stance. Ukraine, which is seeking to plug a $15.3 billion funding gap, is meeting bondholders...

  • CAPE CANAVERAL, Fla. June 29- SpaceX on Monday was searching for what destroyed its Falcon 9 rocket after liftoff over the weekend, leaving customers still loyal but unsure when their satellites might fly. The privately-held company, owned and operated by technology entrepreneur Elon Musk, has flown 18 successful missions with the Falcon 9 before Sunday's...

  • June 29- Microsoft Corp said on Monday it will hand over its display advertising business to AOL Inc and AppNexus Inc, and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations. The moves mean Microsoft will focus on its growing search advertising business based on its Bing search engine, and...

  • CHICAGO, June 29- Fresh beef from Brazil and Argentina will be allowed into the United States under amended regulations that specify conditions to mitigate risk of foot-and-mouth disease, the U.S. Department of Agriculture's Animal and Plant Health Inspection Service said on Monday. Brazil and Argentina also need to meet food safety standards before being...

  • WASHINGTON, June 29- The Supreme Court on Monday dealt a blow to a sweeping U.S. air pollution regulation aimed primarily at curbing emissions of mercury from coal-fired power plants by ruling that the Obama administration wrongly failed to consider compliance costs. "EPA is disappointed that the court did not uphold the rule, but this rule was issued more than...

  • NEW YORK, June 29- Puerto Rico is "insolvent" and will soon run out of cash, according to a newly appointed adviser to the commonwealth who was the judge who oversaw the historic bankruptcy of Detroit. The U.S. territory's future hinges on gaining eligibility for debt restructuring under the U.S. bankruptcy code, a process it does not currently have access to, said...

  • Michael Cloherty, head of U.S. rates strategy at Royal Bank of Canada's RBC Capital Markets unit in New York, said events in Greece did not significantly change the outlook for the Fed. "This isn't a' watch Greece' situation... While we have chaos in Greece, there are no signs of dramatic contagion yet, and that's why it doesn't change the Fed's tone, "he said.

  • *Greece will not pay IMF on Tuesday: Govt official. *Euro STOXX 50 index- biggest one-day fall since 2011. And Greece appeared to confirm it was heading for a default after a government official said the country would not pay a 1.6 billon euro loan installment due to the International Monetary Fund on Tuesday.

  • WASHINGTON— The supporters of the federal Export-Import Bank have the Senate votes to revive it and will get a chance to do so, Majority Leader Mitch McConnell said Monday. "Looks to me like they have the votes, and I'm going to give them the opportunity," McConnell, who opposes the bank, said in a telephone interview from Kentucky, where he is spending Congress' July 4...

  • NEW YORK _ Cinedigm Corp. on Monday reported a loss of $11 million in its fiscal fourth quarter. On a per-share basis, the New York- based company said it had a loss of 14 cents. For the year, the company reported that its loss widened to $31.3 million, or 41 cents per share.

  • NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. MBIA Inc., down $1.95 to $6.37. National Bank of Greece, down 31 cents to 97 cents.

  • WASHINGTON— Figures on government spending and debt.

  • Hanna Bouveng, 25, accused Benjamin Wey in an $850 million lawsuit of using his power as owner of New York Global Group to coerce her into four sexual encounters before firing her after discovering she had a boyfriend. Bouveng, who was raised in Vetlanda, Sweden, testified that soon after Wey hired her at New York Global Group, the CEO began a relentless quest to have...

  • PHOENIX _ Apollo Education Group Inc. on Monday reported fiscal third-quarter profit of $48.1 million. Apollo Education expects full-year revenue in the range of $2.6 billion to $2.62 billion. Apollo Education shares have decreased 54 percent since the beginning of the year.

  • NEW YORK, June 29- A federal jury on Monday ordered the chief executive officer of a Manhattan investment firm to pay $18 million in damages to a former employee for sexual harassment and defamation. Benjamin Wey, who heads up New York Global Group, was accused of using his power to coerce Hanna Bouveng, 25, into having sex, firing her when she refused further...

  • *Yen gains after Greece fails to reach deal, sets vote. A Greek official said Greece will miss a $1.77 billion debt repayment to the International Monetary Fund due on Tuesday, after the country's European partners shut the door on extending a credit lifeline. Greece Prime Minister Alexis Tsipras announced bank holidays and other capital controls to keep banks...

  • NEW YORK, June 29- Brazil's President Dilma Rousseff on Monday drew on her own experience as a political prisoner during the country's dictatorship to denounce informants in a corruption scandal that has pummeled her popularity. Speaking to journalists in New York, Rousseff contrasted her experience in jail in the early 1970 s opposing Brazil's...