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  • WASHINGTON— They're called managers, and they sometimes work grueling schedules at fast food chains and retail stores. "We've got to keep making sure hard work is rewarded," President Barack Obama wrote in an op-ed published Monday in The Huffington Post. Employers can now often get around the rules: Any salaried employee who's paid more than $455 a week— or $23,660...

  • —after NBC dumped the real estate mogul Monday over comments he made about immigrants during his recent presidential campaign kickoff speech. But as he launches his 2016 presidential bid in earnest, his latest comments— that some Mexican immigrants bring drugs and crime to the country and are rapists— offended many, were denounced by Mexican-American groups...

  • A taxi drives past burning tires during a national protest against car-sharing service Uber in Nice, France, June 25, 2015.

    The two most senior Uber executives in France are in custody after complaints they were conspiring to organize illegal work. The FT reports.

  • Congress failed to renew the bank's charter because of opposition from Republicans who say it amounts to corporate welfare. Some questions and answers about the Export-Import Bank, and its future:. Q: What does the Export-Import Bank do?

  • LONDON- Reserve Bank of Australia Governor Glenn Stevens speaks at an event hosted by Official Monetary and Financial Institutions Forum- 0840 GMT. LONDON- Bank of England's Paul Fisher speaks at the Financial Times Future of Insurance event- 0840 GMT. VIENNA- European Central Bank Governing Council member Ewald Nowotny to give a keynote speech at "Raiffeisen...

  • WASHINGTON— A rocket's dead, blown to bits in public view. After 18 straight successful launches, SpaceX's Falcon 9 rocket broke apart Sunday morning minutes after soaring away from Cape Canaveral, Florida. Russia also lost a supply shipment in April when its Progress capsule spun out of control.

  • SAN FRANCISCO— Microsoft is handing off some its digital advertising business to AOL and selling its street-image mapping operation to Uber, as the giant software company tries to focus on activities more relevant to its core business. AOL, meanwhile, is adopting Microsoft's Bing search engine, replacing Google as the default option for visitors who want to...

  • 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.

  • LOS ANGELES— Disney is merging its consumer product and interactive divisions, a move that acknowledges the shared goals of important product lines like the Disney Infinity video game franchise and the upcoming line of wearable toys called Playmation. The combined unit will be co-chaired by the presidents of the consumer products and interactive...

  • PITTSBURGH— An American Airlines operations manager who was among the few people to learn of the first 9/ 11 hijacking before the jet struck the World Trade Center has been arrested near Pittsburgh in an online child-sex sting. He was arrested Friday in Moon Township, about 13 miles northwest of downtown Pittsburgh, and charged with criminal attempt to commit...

  • In their June 25 lawsuit, Yale University's Global Health Justice Partnership and the Treatment Action Group, an AIDS non-profit, said doctors and patients deserve more information about the "enormously costly" drugs Harvoni and Sovaldi to make informed decisions about whether to use them. The plaintiffs said Gilead ignored its request for the trial data,...

  • SACRAMENTO, Calif.— The California Legislature is holding two special sessions this summer to tackle long-vexing funding shortfalls in the state's transportation and health care programs. Jerry Brown is how California should pay billions of dollars for needed road and highway repairs as well as funding Medi-Cal, the state's medical insurance program for...

  • Thibaud Simphal, manager of Uber France, and Pierre-Dimitri Gore-Coty, general manager for western Europe, were detained as part of an investigation that earlier led to Uber's offices being raided by police in March. Uber has provoked protests by taxi drivers from London to New Delhi as it upends traditional business models that require professional drivers...

  • 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.

  • LOS ANGELES, June 29- There are plenty of tips and tricks to maximizing your retirement benefits, and more than a few are considered "loopholes" that taxpayers have been able to use to circumvent the letter of the law in order to pay less to the government. 1. Back-door Roth IRA conversions The U.S. Congress created this particular loophole by lifting income...

  • *Hopes remain of debt deal between Greece, creditors. Treasuries market rallied on Monday, with yields falling to one-week lows, as a breakdown in talks between Greece and its creditors stoked bets Athens would default on its debt, an outcome some traders fear may impact markets worldwide. Still, hopes remained that the debt-laden euro zone nation, European...

  • On Monday, the online home rental service will send 100,000 hosts in Florida, Louisiana and other states tips from FEMA's Ready campaign on how to prepare for hurricane season. During a disaster, FEMA will also provide Airbnb with real-time information so that the company can better figure out where its help is needed. And earlier this year, FEMA signed an...

  • WASHINGTON/ SAN FRANCISCO, June 29- Oracle Corp won a major legal victory on Monday in a closely watched copyright case involving the company's Java programming language as the U.S. Supreme Court declined to hear Google Inc's appeal. The decision upholds a ruling that allows Oracle to seek licensing fees for the use of some of the Java language.

  • Uber said in a statement that its general managers for France and Western Europe were questioned Monday. Agnes Thibault-Lecuivre, the Paris prosecutor's spokeswoman, didn't name the two Uber managers detained. A spot check of the app Monday showed drivers available in central Paris.