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

  • *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.

  • *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.

  • *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 were slightly higher. Greece heads to a referendum on Sunday that could decide its...

  • PHILADELPHIA— Airbnb is now legal— and taxable— in Philadelphia. City Councilman William Greenlee says Airbnb-type rentals are essentially short-term hotels and should be made to follow the same rules. The city expects thousands of rentals through Airbnb and similar online marketplaces for Pope Francis' visit in September and the Democratic National...

  • *Uncertainty over Greece's referendum spur bids for bonds. NEW YORK, July 2- U.S. "Clearly the report was disappointing," said Mark Zandi, chief economist at Moody's Analytics in West Chester, Pennsylvania.

  • *Europe waits for Greek vote, Spain borrowing costs rise. *Gold also dips after U.S. payrolls. Gold fell too, hitting a 3-1/ 2 month low of $1,157 an ounce, while U.S. stock futures extended gains to point a 0.3-0.4 percent rise for the main Wall Street markets when they reopen.

  • *Nonfarm payrolls forecast to rise 230,000 in June. WASHINGTON, July 2- U.S. job growth likely cooled a bit in June after reaching a five-month high, but still-healthy hiring would suggest the labor market is strong enough to support a September interest rate increase by the Federal Reserve. We are making a lot of progress in reducing slack and unless the labor...

  • Correction: Carnegie Heroes story Wednesday, 1 Jul 2015 | 5:00 PM ET

    PITTSBURGH— In a story June 30 about the Carnegie Heroes awards, The Associated Press reported erroneously on the fate of a boy whose brother drowned in a river. Late Oregon teen among 18 to win Carnegie Medal for heroism. PITTSBURGH— A 16- year-old Oregon boy who drowned while trying to save his younger brother's life is one of 18 people to be honored with a Carnegie...

  • *Private payrolls up 237,000 in June, largest gain in six months. WASHINGTON, July 1- U.S. private employers hired the most workers in six months in June and factory activity accelerated, providing fresh evidence the economy was gathering solid momentum after contracting at the start of the year. A strong June jobs number would make it clear the economy can absorb a...

  • PHILADELPHIA— Amtrak has joined a bid to have the lawsuits filed over a deadly crash in Philadelphia consolidated before the same federal judge. Amtrak says that 19 lawsuits have been filed so far in New York, New Jersey and Pennsylvania. District Judge Legrome Davis has been handling the Philadelphia cases.

  • Kraft shareholders approve sale of company to Heinz Wednesday, 1 Jul 2015 | 9:49 AM ET

    NORTHFIELD, Ill.— Kraft shareholders have approved the sale of the company to ketchup maker H.J. Heinz, creating one of the world's largest food companies with annual revenue of about $28 billion. Heinz' owners, Warren Buffett's Berkshire Hathaway and the Brazilian investment firm 3 G Capital engineered the deal, first announced in March, and will control 51...

  • Ace buying Chubb, deal to create insurance giant Wednesday, 1 Jul 2015 | 7:36 AM ET

    WARREN, N.J.— Insurer Ace Ltd. is buying The Chubb Corp. for about $28.3 billion in cash and stock in a deal that will create one of the world's largest insurers. The combined company plans to use the Chubb name and will have its main offices in Zurich, Switzerland, where Ace is based. Chubb shareholders will receive $62.93 per share in cash and 0.6019 shares of Ace Ltd....

  • ERIE, Pa.— About 3,200 GE Transportation workers in Erie have a new four-year contract containing $1.40 in hourly raises and $10,000 in lump-sum bonuses. Union leaders didn't announce the exact vote count, but confirmed to the Erie Times-News that a majority of workers voted to approve the agreement. It also increases health care premiums by more than $2,800 for...

  • WASHINGTON, June 30- U.S. exporters large and small scrambled on Tuesday to urge foreign customers not to abandon deals supported by the U.S. Export-Import Bank, which will be forced to halt new business at midnight as its charter expires. Companies affected range from giants including aircraft maker Boeing Co and General Electric Co to small exporters of...

  • MONROEVILLE, Pa.— Executives at a Pittsburgh- area mall have announced new plans to improve security in response to several violent crimes, including a February shooting that injured three people. The Monroeville Mall plans include new cameras that monitor a larger section of the property, the Pittsburgh Post-Gazette reported. Monroeville police Chief Doug...

  • Erie Coke Corp. deemed compliant after improvements Tuesday, 30 Jun 2015 | 3:15 PM ET

    ERIE, Pa.— The Erie Coke Corp., after spending millions of dollars on pollution control improvements and fines, has satisfied environmental regulators who tried to shut it down. Court filings show Erie Coke is no longer obligated to operate under court-enforced settlements because pollution was successfully curtailed at the northwestern Pennsylvania...

  • S. Alexander Smith, of Aloha, jumped into the Row River upstream from a 15- foot waterfall to try to save his 13- year-old brother, Christian, on July 1, 2014. Smith was the only one of those honored Tuesday by the Pittsburgh- based Carnegie Hero Fund Commission who died during a rescue attempt. The other 16 winners are from Florida, Idaho, Kentucky, Minnesota, Ohio,...

  • If Pennsylvania begins its new fiscal year Wednesday without a budget in place, here's a rundown of what to expect:. Tom Wolf has said those bills will be paid once a 2015-16 budget is approved. —The administration would tap 2015-16 tax collections to continue services involving public health, welfare and safety and those required by law, including unemployment...

  • Pep Boys, unlike AutoZone Inc and Advance Auto Parts Inc, has not benefited from healthy U.S. auto demand mainly due to higher costs and falling sales in its do-it-yourself business. "Pep Boys have been around for a long time but they weren't generating business the way AutoZone was," S&P Capital IQ analyst Efraim Levy said. "AutoZone came more to the forefront of many...