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  • July 25- Russia and Turkey lifted their gold holdings in June as both countries increased their bullion reserves for a third consecutive month, data from the International Monetary Fund showed on Friday.

  • NEW YORK, July 25- Argentina, out of legal options to avoid paying a court-awarded $1.33 billion plus interest to holdout creditors who twice spurned a restructuring offer, has until July 30 to either pay them, negotiate a settlement or default.

  • WASHINGTON, July 25- The United States on Friday set new import duties on solar products from China and Taiwan after the Commerce Department found that the solar panels and cells are being sold too cheaply on the U.S. market.

  • In 2008, when the investment bank's exposure to toxic mortgage bonds brought it to the brink of collapse, JPMorgan Chase& Co rescued Bear Stearns and kept Greenberg on as vice chairman emeritus of its global wealth management business.

  • US regulators close small bank in Illinois Friday, 25 Jul 2014 | 7:26 PM ET

    The bank, which operated three branches, had about $72.9 million in assets and $71 million in deposits as of March 31. The FDIC said that Providence Bank also agreed to buy roughly $67.7 million of GreenChoice Bank's assets. The FDIC has said 2010 likely was the high-water mark for bank failures from the recession.

  • SAN FRANCISCO, July 25- Amazon.com Inc's message to investors has always been clear: trust in founder and CEO Jeff Bezos. Some on Wall Street wonder if Amazon may have bitten off more than it can chew.

  • Treasurer: $1B in interest earned during tenure Friday, 25 Jul 2014 | 6:44 PM ET

    BOISE, Idaho— State Treasurer Ron Crane's office says Idaho has received more than $1 billion in interest earnings since he became treasurer in 1999.. $1.1 billion is a lot of money for the benefit of taxpayers in Idaho. "

  • UPS driver charged with stealing dozens of guns Friday, 25 Jul 2014 | 6:34 PM ET

    Curtis Hays, 36, of Rancho Cucamonga, was taken into custody on a federal indictment filed Wednesday in federal court in Riverside. In 2012, the delivery driver allegedly stole packages containing 72 weapons at the UPS shipping hub in Ontario, east of Los Angeles, according to the indictment.

  • North Dakota industrial fire cleanup to take weeks Friday, 25 Jul 2014 | 6:18 PM ET

    WILLISTON, N.D.— Cleanup efforts at the still-smoking site of an oil field supply company in North Dakota that caught fire earlier this week could take weeks, an Environmental Protection Agency Official said Friday.

  • Business Highlights Friday, 25 Jul 2014 | 6:15 PM ET

    A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. That helped the market overcome its latest dip, on July 17th, when a passenger jet was shot down in eastern Ukraine and Israel invaded the Gaza Strip, raising investor worries that conflicts around the world could escalate and destabilize financial markets.

  • Traders brace for summer's busiest week Friday, 25 Jul 2014 | 6:10 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) on Friday.

    A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.

  • WASHINGTON, July 25- The U.S. House Financial Services Committee said on Friday that it will vote on a bill next week aimed at bringing more transparency to the Federal Reserve, including the controversial requirement of adopting a rules-based approach to its policy.

  • California state senator facing additional charge Friday, 25 Jul 2014 | 5:34 PM ET

    SAN FRANCISCO— A federal grand jury on Friday charged a California state senator with more felonies in addition to the eight counts he already faced in a sweeping organized crime and public corruption case centered in San Francisco's Chinatown. A new indictment unsealed in San Francisco federal court charged Sen.

  • Cellphone unlocking set to become legal again Friday, 25 Jul 2014 | 5:30 PM ET

    NEW YORK— Congress passed a bill Friday that makes it legal to "unlock" cellphones so the devices can— at least in some instances— be used on other carriers. The law, which President Obama said he looks forward to signing, undoes a move by the Librarian of Congress in 2012. That made it a copyright violation to unlock a phone without the carrier's permission.

  • WASHINGTON, July 25- Evidence that Russia is moving more weapons into Ukraine to arm rebels is likely to trigger more U.S. sanctions against Moscow once the European Union likely agrees its own sanctions next week, senior U.S. officials said on Friday.

  • WASHINGTON, July 25- The United States on Friday set new import duties on solar products from China and Taiwan after the Commerce Department found that the solar panels and cells are being sold too cheaply on the U.S. market.

  • Tyson outbid Pilgrim's Pride Corp with its $63 per share offer for Hillshire, valuing the Jimmy Dean sausages maker at $8.55 billion. The Cherokee plant will close on Sep. 27, while the Buffalo and Santa Teresa plants are expected to stop operating in the first half of 2015, the company said.

  • Tyson Foods closing 3 plants in Iowa, NY, NM Friday, 25 Jul 2014 | 5:17 PM ET

    Tyson, the biggest U.S. meat processor, announced Friday the planned closures of the plants in Cherokee, Iowa; Buffalo, New York; and Santa Teresa, New Mexico. The Cherokee plan will close Sept. 27, and the Buffalo and Santa Teresa plants are expected to shut down in the first half of 2015..

  • NEW YORK, July 25- Silver- bullion banks Deutsche Bank, Bank of Nova Scotia and HSBC have been accused of manipulating prices in a lawsuit filed in a New York district court on Friday. The lawsuit was filed by J. Scott Nicholson, a resident of Washington DC. The daily silver fix in London is set once a day by the banks in a conference call.

  • Comments sought on possible Arctic lease sale Friday, 25 Jul 2014 | 5:16 PM ET

    The U.S. Bureau of Ocean Energy Management announced Friday it is opening a 45- day comment period both to gather information on areas in the Beaufort Sea that have the most promising oil and gas potential, and to learn more about environmentally sensitive habitats and subsistence activities within the planning area.