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  • July 2- Rare earths miner Molycorp Inc said it received U.S. bankruptcy court approval for interim financing of $22 million to support its operations. The court has approved the $22 million financing only on an interim basis, and has scheduled a final hearing on the debtor-in-possession financing for July 20, 2015, Molycorp said on Thursday.

  • CHICAGO, July 2 (Reuters)- Technology has long benefited Chicago's futures exchanges, historians say, even though electronic trading is the final blow for its human brokers, rendering obsolete the "open-outcry" futures pits on the trading floor where they have worked for generations. The rough-and-tumble times of the floor were an iconic part of Chicago, and...

  • SAN JUAN, Puerto Rico— Puerto Rico's governor said Thursday that creditors are responsible for helping the U.S. island out of its economic crisis because they lent money knowing the government was running a deficit. Alejandro Garcia Padilla also sought to clarify comments recently published in The New York Times saying he believes Puerto Rico's $72 billion...

  • July 2- Comic-Con International will remain in San Diego through 2018, despite an effort by the city of Los Angeles to attract one of the world's top conventions for comic books and pop culture, officials said on Thursday. Comic-Con had previously only committed to staying in San Diego until 2016, and there had been concerns among city officials that it could...

  • KINGSTON, Jamaica— The Bahamas attorney general expressed frustration Thursday with a decision by the developer of a $2.5 billion hotel-and-casino project in Nassau to file for bankruptcy protection in a U.S. court. "The government feels very strongly that resolution of the disputes that have delayed the project should occur in the Bahamas," she said.

  • CHICAGO, July 2 (Reuters)- Standard& Poor's Ratings Services on Thursday dropped the credit rating for the Chicago Board of Education two notches to BBB, warning the rating could fall further if the financially troubled school district does not produce a "credible" budget. Reaction to the downgrade from the Chicago Public Schools (CPS) and Chicago Mayor Rahm...

  • NEW YORK, July 2- Investors pulled $3 billion in assets from Pacific Investment Management Co's flagship fund in June, compared with $2.7 billion the previous month, in another sign Pimco is stabilizing since last fall's departure of star manager Bill Gross. The Pimco Total Return Fund had cash withdrawals of $5.6 billion in April and $7.3 billion in March,...

  • July 2- Dollar Tree Inc was given the go-ahead to buy Family Dollar Stores Inc by the U.S. Federal Trade Commission on condition that they sell 330 Family Dollar stores, putting to rest a year-long merger saga. The stores spread across 35 states, which Dollar Tree has offered to sell to private equity firm Sycamore Partners, has to be sold within 150 days after the...

  • "I felt homeless in New York." Strangers from two Greek Orthodox churches in the city's Queens borough came to the rescue, giving them survival cash until their flight home to Greece on Friday. The couple's U.S. adventure started after their June 6 wedding in Volos, Greece, a port city several hours north of Athens.

  • TORONTO, July 2- A healthy appetite for trucks and luxury cars pushed auto sales in Canada to a record high for June, with Fiat Chrysler Automobiles the top seller, according to data released on Thursday. "Ongoing gains being enjoyed by the luxury manufacturers in the Canadian market turned into a veritable feast in June," DesRosiers Automotive Consultants wrote...

  • *IMF warns Greece needs debt extension. July 2- U.S. stocks closed down slightly on Thursday after the International Monetary Fund warned Greece ahead of its Sunday referendum that it faces a huge financial hole, and mixed jobs data dampened the U.S. economic outlook. While the IMF was warning that Greece needed an extra 50 billion euros over the next three years to...

  • *Greece concerns hang over markets. Across the Atlantic, Greece was headed to a referendum on Sunday that could decide its future in the euro zone. Days after Greece defaulted on part of its IMF debt, the Fund said Greece needs an extra 50 billion euros over the next three years, including 36 billion from its European partners, to stay afloat.

  • WASHINGTON, July 2- 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. The Labor Department said on Thursday nonfarm payrolls rose 223,000 last month after a downwardly revised 254,000 increase in May, with construction and government employment...

  • NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Health Net Inc., up $6.51 to $71.57. The managed health care services company is being bought by Medicaid coverage provider Centene Corp. for about $6.3 billion.

  • NEW YORK— If investors hoped Thursday's U.S. jobs report would give them clarity, they were probably disappointed. The report, one of the most-watched pieces of news in financial markets, painted a mixed picture for U.S. employment. And it left a key question hanging over stocks and bonds: When and how quickly will the Federal Reserve raise interest rates?

  • TORONTO, July 2- General Motors, Fiat Chrysler Automobiles and Toyota posted higher Canadian sales for June on Thursday, bolstered by healthy demand for their pickup trucks, but Ford's pickup sales fell, hurting its monthly results. Fiat Chrysler said its sales in Canada notched a 1 percent rise to 27,217 vehicles as Dodge and Chrysler minivan sales rose 14...

  • WASHINGTON— Figures on government spending and debt.

  • NEW YORK— A former firefighter who responded to the World Trade Center on Sept. 11, 2001, has won $5 million on a lottery scratch-off ticket. Mercado was among the members of Queens Battalion 49 who went to the World Trade Center on Sept. 11. He now lives in Orange County, north of New York City.

  • GE met with European regulators on Thursday to allay worries its 12.4 billion euro acquisition of Alstom's power equipment business would leave Europe with two gas turbine players. "Alstom is in that core of what they're trying to become," said Peter Jankovskis, co-chief investment officer at Oakbrook Investments, which owns 1.7 million GE shares.

  • (For more Reuters coverage of the closing of Chicago's open-outcry futures pits, please see "Chicago Pits: End of an Era," ( http://www.reuters.com/subjects/chicago-pits-close). CHICAGO, July 2 (Reuters)- The cost of membership at Chicago's famous futures trading exchanges has topped $1 million in the past as traders snapped up the chance for benefits like...