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  • NEW YORK, July 3- When Puerto Rico hired former Detroit judge Steven Rhodes it sent a signal to creditors that one possible solution it sees is the one thing it cannot do now: declare bankruptcy. "The parallels between Detroit and Puerto Rico are strong enough that I think any of the public corporations or the commonwealth itself could take advantage of the same...

  • ALBANY, N.Y.— A graduate student has sued Fordham University, seeking $5 million in damages and saying the college violated her civil rights by demanding her entire record of mental health treatment as a condition for returning. She alleges her federal complaint resulted in retaliation by Fordham, a Jesuit school in the Bronx. A university spokesman said...

  • Wine ice cream, maple water: 5 foods of the future? Friday, 3 Jul 2015 | 9:33 AM ET

    NEW YORK— Chips made out of broccoli, chickpeas and kale. Buyers for places like supermarkets milled about the trade show at the sprawling Jacob Javits Center in New York City, tasting the treats on display and stuffing bags with free samples. "It's like a secret wonderland of food," said Louise Kramer, a spokeswoman for the Specialty Food Association, the trade group...

  • WASHINGTON— As the Justice Department launches an investigation into possible collusion in the airline industry, experts say the government faces the burden of proving that carriers were deliberately signaling business decisions to each other. A particularly cold winter in the Northeast, for instance, might merit more flights to the Caribbean.

  • SINGAPORE/ NEW YORK, July 3- Greece's huge global diaspora is dishing out advice to friends and relatives on how to vote in Sunday's referendum and some feel so strongly they are buying expensive tickets to get home to cast their own ballots. One airline put on extra flights and ticket prices have risen for expatriates who want to have a say in whether Greece...

  • JAKARTA, July 3- Indonesia's communications ministry has appealed to the country's Supreme Court against PT Bakrie Telecom Tbk's debt restructuring, a minister told Reuters on Friday. Bakrie Telecom, part of the heavily indebted Bakrie Group, held a creditors' vote last year on its restructuring proposal, which was then validated by a Jakarta court.

  • NEW ORLEANS— More than five years after the worst offshore oil spill in U.S. history fouled beaches, coated seabirds in thick goo and threatened delicate marshes, BP has agreed to pay a record settlement to affected states in hopes of bringing an end to a legal drama that has cost the company billions. Federal and state government officials touted the...

  • *Flooding stalled mining in Chile. MELBOURNE/ TOKYO, July 3- Supply of high quality copper concentrate shrank more than expected in the first half of this year due to output delays in top miner Chile, squeezing the pipeline for metal producers and likely supporting prices later in 2015, traders said. Production from two of four mines in Chile that churn out clean,...

  • Let's make a deal: mega-mergers drive M&A frenzy Friday, 3 Jul 2015 | 3:01 AM ET

    NEW YORK— Deal makers from New York to London had a busy first half of the year, and mega-mergers drove the frenzy. Companies around the world announced mergers and acquisitions worth $2.3 trillion, according to figures from data provider Dealogic, the second-best half-year total on record and the highest amount since 2007, when $2.6 trillion of deals were...

  • Technology, progress bypass Chicago's pit traders Thursday, 2 Jul 2015 | 7:17 PM ET

    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...

  • "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.

  • *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...

  • Health Net and BP are big market movers Thursday, 2 Jul 2015 | 4:29 PM ET

    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?

  • 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.

  • *First rise in U.S. oil rig count since December- Baker Hughes. *Some caution prevails over long July 4 weekend, Greece and Iran. Pulling crude futures off highs was the latest data on the U.S. oil rig count from Baker Hughes.

  • *Prior job gains downgraded, no wage growth in June. *Uncertainty over Greece's referendum spur bids for bonds. NEW YORK, July 2- U.S.

  • 2Q mutual fund review: Momentum stalls Thursday, 2 Jul 2015 | 3:02 PM ET

    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.