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  • NEW YORK— Well, that was a disappointing ending. After years of nearly uninterrupted and strong returns, most mutual funds looked set to deliver another quarter of gains, albeit modest ones, for April through June. That is, it looked that way until the eve of the quarter's end, when a sell-off in global stock markets pulled down many funds.

  • July 2- Whole Foods Market Inc admitted that there were pricing issues at its New York City stores, a week after the NY Department of Consumer Affairs said the supermarket chain was overstating the weight of prepackaged meat, dairy and other goods. Whole Foods would increase training in stores across the country to fix the pricing issues and implement a...

  • *Corn hits 2015 highs as Informa trims crop forecast. *Wheat, soybeans end mixed ahead of U.S. holiday weekend. "The latest forecasts shifted the rain to the wettest areas of Indiana, Illinois and Ohio and that is putting some premium back into the market for corn and soybeans," said Brian Hoops, president of Midwest Market Solutions.

  • WASHINGTON— Depending on the sector, June was either a great month for job growth or a lackluster one. Leading the way with 64,000 added jobs was professional services, which includes accountants, engineers and office temp workers. The unemployment rate fell to 5.3 percent, the lowest level since April 2008.

  • NEW YORK— An ex- Goldman Sachs and Procter& Gamble board member was told Thursday that he can't use a court's ruling in another case to nullify his insider-trading conviction. District Judge Jed Rakoff in Manhattan rejected Rajat Gupta's request that he be allowed to piggyback on a federal appeals court's ruling that wiped out the insider-trading convictions...

  • July 2- In late May, Pemex announced that it had succeeded in bringing its worker fatality and accident rate below the International Association of Oil and Gas Producers' international average in 2014.. That's hard to verify because the IOGP has yet to release its figures for 2014. The most recent year for which the association has published data is 2013, and for...

  • LITTLE ROCK, Ark.— Three months of good tax returns and several pots of one-time money have left the state with a larger surplus than expected, Arkansas finance officials said Thursday. The end of the fiscal year surplus had reached about $191.6 million, state Department of Finance and Administration Director Larry Walther said. Another one-time source of money...

  • *Balance of influence between Washington, local interests. NEW YORK/ WASHINGTON, July 2- Efforts to fill top positions at some U.S. A bill passed in May by the Senate Banking Committee that Shelby chairs would strip the New York Fed's board of its power to appoint its presidents.

  • WASHINGTON— New personal financial disclosures from the Supreme Court show that Chief Justice John Roberts and two other justices are maintaining significant investments in individual companies' stock. Breyer was forced to sit out a patent case in the spring that involved Cisco Systems, Inc., because he owns up to $100,000 in Cisco stock.

  • *Greece concerns hang over markets. NEW YORK, July 2- The U.S. dollar index fell from a three-week high on Thursday as chances of a U.S. interest rate hike as soon as September took a hit following a weaker-than-expected U.S. payrolls report, while Wall Street and world stock markets also ticked down. Across the Atlantic, Greece was headed to a referendum on Sunday that...

  • LOS ANGELES— A former California real estate developer once honored as his city's citizen of the year was sentenced Thursday to the maximum 14 years in prison for bilking investors who poured millions of dollars into failed development projects. Federal Los Angeles Judge Otis Wright handed down a harsher sentence than the government had requested for Kelly...

  • SALT LAKE CITY— Mormon Sylvia Cabus was thrilled with the U.S. Supreme Court's decision to legalize gay marriage, but those checking out her church's website likely wouldn't have known it. Cabus said Thursday she and her family posed for the photo in December outside the Supreme Court after responding to a casting call by the Utah- based Church of Jesus Christ of...

  • NEW YORK, July 2- Per Se, the three Michelin- starred Manhattan restaurant run by Thomas Keller, will pay $500,000 to settle charges it withheld tips from workers who staffed private dining events, even as it portrayed those tips to customers as gratuities. Thursday's settlement resolves a New York probe accusing Per Se, whose prix-fixe tasting menus cost $310...

  • WASHINGTON— Black Americans made strides in the job market in June, with their unemployment rate reaching its lowest level in seven years. The black unemployment rate fell to 9.5 percent, the best showing since a 9.4 percent reading in June 2008. The data for various demographic groups came from a survey of households that is part of the Labor Department's...

  • Oscar Lopez, 36, of Brooklyn, was charged in Manhattan federal court with carrying out the crime from June 2010 to May 2012 while he was delivering mail in the Bronx. In a criminal complaint, U.S. Postal Service Agent Kevin Adams said Lopez and others ripped off the U.S. "As a taxpayer and a United States Postal Service employee, I find the allegations against the...

  • NEW ORLEANS— Most of the $18.7 billion proposed settlement that BP reached over its 2010 Gulf of Mexico oil spill would go to five Gulf Coast states, if the deal is approved by a judge. Florida would receive $3.25 billion, with about $2 billion for economic loss and the rest distributed throughout the state to environmental projects such as beaches and piers.

  • BERLIN— Germany releases May industrial orders figures for Europe's biggest economy. WASHINGTON— Commerce Department releases international trade data for May, 8:30 a.m. Labor Department releases job openings and labor turnover survey for May, 10 a.m.; Federal Reserve releases consumer credit data for May, 3 p.m.. WASHINGTON— Labor Department releases...

  • *IMF warns Greece needs debt extension. July 2- U.S. stocks extended losses on Thursday after the International Monetary Fund warned Greece may need a large debt writeoff, and muted U.S. jobs data dampened the economic outlook. "The market seems to be paying more attention to what may happen with Greece as well as whether or not wage growth will pick up," said Omar...

  • NEW YORK, July 2- With analysts' expectations for second-quarter U.S. earnings at rock-bottom levels, many companies may well beat forecasts, possibly setting up the stock market for gains in the coming weeks. With Alcoa set to kick off results season next week, investors are eyeing a 3- percent projected drop in benchmark S&P 500 earnings from a year ago, which...

  • The oil rig count rise of 12 to 640 followed a six-month slump in activity that reduced the number of active rigs from a peak of 1,609 in October to a nearly five-year low last week, energy services firm Baker Hughes Inc said in its closely followed report. Drillers added rigs in all of the major U.S. shale oil basins- three in the Eagle Ford in South Texas, two in the...