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  • LONDON- Bank of England's Andrew Gracie speaks at financial services cyber security conference- 0805 GMT. MILAN, Italy- European Central Bank President Mario Draghi to give opening remarks at T2S launch celebration- 1510 GMT. MILAN, Italy- European Central Bank Executive Board member Yves Mersch to give closing remarks at T2S launch celebration- 1700 GMT.

  • WASHINGTON/ HAVANA, July 1- An historic agreement to restore diplomatic ties between Washington and Havana could provide fresh momentum for lawmakers and activists seeking to chip away at- and eventually upend- the 53- year-old U.S. trade embargo. "This is more than symbolism," said Geoff Thale, program director at the Washington Office on Latin America, a group...

  • WASHINGTON— Medicare proposed Wednesday to ease a coverage policy on short hospital stays that has been criticized because it can result in higher costs for seniors. Under Medicare, coverage for inpatient and outpatient care is determined under very different payment rules. Medicare policy generally required a hospitalization to span at least two...

  • WASHINGTON, July 1- Seven conservative Republican senators demanded on Wednesday that the U.S. Export-Import Bank disclose plans to begin liquidating its assets after the government trade lender's charter expired amid congressional inaction. The Republican senators, including presidential candidates Marco Rubio, Ted Cruz and Rand Paul, said in a letter...

  • 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...

  • WASHINGTON— A new poll finds that most Americans approve of the recent Supreme Court decision preserving the health care law's subsidized insurance premiums for people in all 50 states. Overall, 62 percent approved, while 32 percent disapproved, said the survey released Wednesday by the nonpartisan Kaiser Family Foundation. Opponents of the law had argued...

  • WASHINGTON— Figures on government spending and debt.

  • NEW YORK— The CEOs of government-backed mortgage giants Fannie Mae and Freddie Mac are getting large raises, to about $4 million a year, as the government relaxes rules that were imposed on the companies after they suffered big losses and were bailed out. In forms filed with the Securities and Exchange Commission on Wednesday, the companies disclosed that...

  • *WTI discount vs Brent hits $5 a barrel, biggest in 2 weeks. *Slide came on U.S. stockpile build, Greece and Iran fears. NEW YORK, July 1- U.S. crude prices fell 4 percent on Wednesday, posting their biggest daily drop since April after oil stockpiles in the United States rose for the first time in more than two months.

  • NEW YORK— The U.S. government is seeking to stop Electrolux from buying General Electric's appliance division, saying the combined company would dominate sales of ovens and other cooking-related kitchen appliances, especially to customers like home builders, property managers, hotels, and governments. General Electric Co. and Electrolux said they will...

  • NEW YORK, July 1- Two years after New York socialite Brooke Astor died in 2007, her son, Anthony Marshall, was convicted of bilking her of millions of dollars. Three states, most recently Missouri, have enacted laws that allow retail brokers to help curb scams against people with dementia. More than five million Americans over the age of 65 have Alzheimer's disease,...

  • CHICAGO, July 1- Visa Inc said on Wednesday it is joining MasterCard Inc and American Express Co in barring its credit cards from being used to pay for ads on Backpage.com following a request from a Chicago sheriff who said the site is used by sex traffickers. Earlier this week, he asked both Visa and MasterCard to cut off any association with the Backpage.com "adult"...

  • July 1- U.S. crude oil futures' discount to Brent, one of the biggest plays in oil, widened to more than $5 a barrel for the first time in three weeks on Wednesday after U.S. government data showed a surprise inventory build. "The bottom line is the overall U.S. stock build is weighing on heavily on WTI, and the Cushing build is adding to that," said Tariq Zahir, an oil trader and...

  • The civil antitrust investigation by the Justice Department appears to focus on whether airlines illegally signaled to each other how quickly they would add new flights, routes and extra seats. Justice Department spokeswoman Emily Pierce confirmed that the department is looking into potential "unlawful coordination" among some airlines.

  • CHICAGO, July 1- Visa Inc said on Wednesday it is joining MasterCard Inc and American Express Co in barring its credit cards from being used to pay for ads on Backpage.com following a request from a Chicago sheriff who said the site is used by sex traffickers. Earlier this week, he asked both Visa and MasterCard to cut off any association with the Backpage.com "adult"...

  • ON BOARD AIR FORCE ONE, July 1- The White House on Wednesday said it believed all parties involved in negotiations over Greece's financial crisis wanted the country to stay in the euro zone.

  • NEW YORK, July 1- Two years after New York socialite Brooke Astor died in 2007, her son, Anthony Marshall, was convicted of bilking her of millions of dollars. Three states, most recently Missouri, have enacted laws that allow retail brokers to help curb scams against people with dementia. More than five million Americans over the age of 65 have Alzheimer's disease,...

  • HAVANA/ WASHINGTON, July 1- The United States and Cuba on Wednesday formally agreed to restore diplomatic ties that had been severed for 54 years, fulfilling a pledge made six months ago by the former Cold War enemies. "Cuba is encouraged by the reciprocal intention to develop respectful and cooperative relations between our two peoples and governments," Raul...

  • NEW YORK, July 1- U.S. crude oil inventories rose last week for the first time since April, while gasoline stocks decreased unexpectedly, data from the Energy Information Administration showed on Wednesday. "The crude build was definitely a surprise as was the Cushing build," said Tariq Zahir, managing member at Tyche Capital Advisors in Laurel Hollow, New York.

  • The cases, in Connecticut and Arizona, involve crackdowns on advantage players who say they use card-counting or other methods that shift the odds in their favor, but generally are not illegal. "You do not have a level playing field," said Stanford Wong, a Las Vegas- based gambling expert who advises readers of his newsletters to be aware that tribal properties are...