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  • NEW YORK— On a trip to Maine with four friends, Alexander Culbertson racked up $1,300 on gas, hotel rooms, food and drinks. "It would have been a nightmare for all of us to evenly split every transaction," says Culbertson, 26, a Boston advertising executive. For Dan Callahan, 22, a digital marketing manager in Philadelphia, using Venmo means avoiding the awkward...

  • CHICAGO, June 24- A merger between Dutch supermarket Ahold and Belgian rival Delhaize will be a boon for U.S. online grocer Peapod, an Ahold unit which will gain valuable resources to fend off rival Amazon.com and upstart competitors, according to retail industry consultants. Access to Delhaize's efficient and low-cost distribution centers in the east and its...

  • CHICAGO, June 24- Low interest rates and a play-it-safe mentality among executives have fueled a stock buyback boom that is slowing economic growth, storied contrarian investor Jeremy Grantham said on Wednesday. "For a senior management person to use the cash flow of the corporation to buy stock back is much less dangerous than building a new plant," Grantham...

  • NEW YORK, June 24- U.S. Treasuries prices rebounded from a two-day selloff on Wednesday after late-stage debt negotiations between Greece and its international creditors hit a roadblock, crimping optimism for a deal and driving demand for safe-haven U.S. bonds. "It continues to be this sense of: we're getting to the end of the evening in Europe with no progress,"...

  • WASHINGTON— Defying a White House veto threat, the Republican-controlled House approved a plan Wednesday to block a key element of President Barack Obama's strategy for fighting climate change. Lawmakers voted 247-180 to support a bill allowing states to opt out of the Obama administration's plan to limit carbon pollution from coal-fired power plants if...

  • Marathon bomber Tsarnaev apologizes at sentencing Wednesday, 24 Jun 2015 | 1:54 PM ET
    Dzhokhar Tsarnaev is pictured in this handout photo presented as evidence by the U.S. attorney's office in Boston on March 23, 2015.

    The public got to hear directly from Tsarnaev, who was formally sentenced to death for his role in the 2013 attack.

  • When she visits New York on Monday, President Dilma Rousseff will have a tough time convincing Wall Street her weakened government can pull Brazil out of a stall and save the once-booming nation's investment-grade credit rating. While many U.S. companies are still betting on Brazil's long-term growth prospects given the huge potential for the nation of 200...

  • US STOCKS-U.S. stocks down on Greek debt crisis jitters Wednesday, 24 Jun 2015 | 12:50 PM ET

    *Apple rises; Netflix trims gains after Icahn comments. Tsipras is scheduled to meet the heads of the European Central Bank, the International Monetary Fund and the European Commission in Brussels before a meeting of euro zone finance ministers at 1300 p.m. ET. "The U.S. market is taking some signals from the weakness in Europe," said John Canally, chief economic...

  • Railroad regulator vows to enforce Dec. 31 safety deadline Wednesday, 24 Jun 2015 | 12:21 PM ET

    Sarah Feinberg, acting chief of the Federal Railroad Administration, told a House subcommittee that she sympathizes with railroad officials who have said they are unlikely to meet the congressionally mandated deadline. But Feinberg said that unless Congress acts to extend the deadline, she has no choice but to require railroads to install a technology...

  • US STOCKS-Wall St falls as Greece uncertainty weighs Wednesday, 24 Jun 2015 | 11:00 AM ET

    June 24- Wall Street was mostly lower on Wednesday as investors waited for more clarity on the ongoing debt talks between Greece and its creditors even as data showed that the U.S. economy's first-quarter contraction was smaller than earlier thought. Tsipras will meet the heads of the European Central Bank, the International Monetary Fund and the European...

  • PARIS— France's economy minister is heading to the U.S. on Wednesday to urge more American companies to invest in the country, as he tries to reform the rules and image of a nation with a reputation for strikes and high labor costs. The government launched this year "French tech visas" to attract young entrepreneurs from abroad willing to create start-ups in France.

  • Massachusetts' first slots parlor is open for business Wednesday, 24 Jun 2015 | 2:03 AM ET

    PLAINVILLE, Mass.— Massachusetts jumped into the casino game Wednesday as the state's first slots parlor opened for business to a large and eager crowd of gamblers. state Gaming Commission Chairman Stephen Crosby declared, calling it a "momentous" day for Massachusetts, which became the 40th state to offer casino gambling. Massachusetts has been lagging way...

  • NEW YORK, June 24- When Kristi Sullivan quizzed her husband about how much money she made last year, the Denver financial planner was shocked to discover he was off by a wide margin. Although they have been married for 18 years, with two kids, her hubby missed the mark by $8,000. Boston- based money managers Fidelity Investments asked that very question in its...

  • Boeing Co. declined to comment on the lawsuit, which was filed in an Illinois state court in Chicago. In 2011, Boeing settled a case brought by an American Airlines flight attendant; terms were sealed. In April, a British coroner reported that samples from a British Airways pilot who died in 2012 were "consistent with exposure" to toxic fumes in cabin air.

  • NEW YORK, June 23- Janus Capital Group said on Tuesday it launched a total return fund that invests across global stock and bond markets, the first product it has rolled out that draws on research from Nobel Prize winner Myron Scholes since the firm hired him last year. Ashwin Alankar, Janus' global head of asset allocation and risk management, and Enrique Chang, the...

  • FEMA rebuffs Vermont on flood resilience Tuesday, 23 Jun 2015 | 11:59 AM ET

    A June 4 letter from FEMA to the state, obtained by The Associated Press, says Vermont doesn't enforce the higher standards in a uniform enough fashion to warrant FEMA funding beyond the replacement cost of previously existing structures. As a result, many municipalities face the possibility covering the costs of meeting state requirements for better...

  • Panel approves MBTA bill, Baker says more tools needed Tuesday, 23 Jun 2015 | 11:40 AM ET

    BOSTON— A bill that would establish a financial control board to oversee the Massachusetts Bay Transportation Authority was given the green light Tuesday by a key legislative panel, but Gov. The Transportation Committee, made up of House and Senate members, voted to advance a redrafted version of the bill that originally was filed by the Republican governor...

  • Creator of pink plastic lawn flamingo dies at 79 Tuesday, 23 Jun 2015 | 8:20 AM ET

    BOSTON— Don Featherstone was a classically trained painter, a talented sculptor and artist who became famous for creating the pink plastic lawn flamingo— the ultimate piece of American suburban kitsch. He died at an elder care facility in Fitchburg, Massachusetts, after a long battle with Lewy body dementia, his wife of 40 years, Nancy, told The Associated Press on...

  • New Bedford voters approve $650M casino proposal Tuesday, 23 Jun 2015 | 2:15 AM ET

    NEW BEDFORD, Mass.— A proposed $650 million Foxwoods-managed resort casino for New Bedford's waterfront cleared a crucial step Tuesday as city residents overwhelmingly approved the proposal in a special election. New Bedford casino supporters, including a political organization backed by KG Urban, had touted the potential for the development to create...

  • June 23- JetBlue Airways Corp on Tuesday said it will add its premium "Mint" class to transcontinental flights from Boston, the first new city for a service that JetBlue credits with helping it steal share from competitors. JetBlue will offer Mint service, the airline's answer to first and business class, on flights from Boston to San Francisco starting March 2016...