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  • WASHINGTON— The Supreme Court will consider limiting the power of government employee unions to collect fees from non-members in a case that labor officials say could threaten membership and further weaken union clout. Detroit Board of Education case, but in a 5-4 opinion last year, Justice Samuel Alito called Abood "questionable on several grounds."

  • WASHINGTON— U.S. home prices increased at a solid clip in April, led by double-digit jumps in Denver and San Francisco. Prices in the Denver metro areas climbed 10.3 percent, while home values in San Francisco rose 10 percent. Values increased more than 7.5 percent in Dallas, Miami, Seattle and Tampa.

  • PARIS, June 30- China formally committed to halting the rise in its emissions within the next 15 years and pledged on Tuesday to reduce the carbon intensity of its vast economy, releasing its much anticipated strategy for United Nations climate talks. In a plan that largely mirrors commitments Beijing made in a joint U.S. environment agreement last year, China...

  • *EU Commission calls on Athens to accept 11th hour offer. ATHENS, June 30- EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens. With billions of euros in locked-up bailout funds due to expire at midnight,...

  • June 30- Standard& Poor's Ratings Services lowered its credit rating on Puerto Rico to' CCC-minus' from' CCC-plus', hours after Governor Alejandro Garcia Padilla said the U.S. territory needed a period of bankruptcy to restructure its debt. Former IMF staffers-- engaged by Government Development Bank, Puerto Rico's financing arm-- issued a damning report on Sunday...

  • WASHINGTON— The Conference Board releases its June index on U.S. consumer confidence Tuesday at 10 a.m. Eastern. CONFIDENCE UP: The expectation is that consumer confidence will rise to 97.4 in June, according to a survey of economists by data firm FactSet. A separate survey of consumer sentiment compiled by the University of Michigan that was released last week...

  • After months of wrangling and acrimony, the growing possibility that Athens could be forced out of the single currency brought into sharp focus the chaos that could be unleashed in Greece as well as the danger that would arise for the stability of the euro. "What would happen if Greece came out of the euro? There would be a negative message that euro membership is...

  • 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...

  • Still, the court's willingness to rein in the EPA emboldened opponents of Obama's climate change agenda, who said the court had finally woken up to what they call the haphazard and costly nature of the environmental regulations that Obama has put forth. Mike Duncan, president of the American Coalition for Clean Coal Electricity, which lobbies for the coal...

  • But Greek government sources said the leftist premier stood by his rejection of the creditors' conditions and Greece would default on a crucial repayment due to the International Monetary Fund on Tuesday, plunging it deeper into financial crisis. EU and Greek government sources said Jean-Claude Juncker had offered to convene an emergency meeting of euro...

  • DENVER— Republican presidential candidate Rand Paul courted donors from the new marijuana industry Tuesday, making the Kentucky senator the first major-party presidential candidate to publicly seek support from the legal weed business. "This is a historical moment, that our industry is now working together with a presidential candidate," said Tripp Keber,...

  • —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...

  • 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?

  • Alejandro Garcia Padilla said Monday night that he will start meeting this week with legislators of all political parties as well as religious leaders and business owners to talk about how best to solve the financial crisis, which has drawn comparisons to the debt crunch that has hit Greece. Garcia's administration has pushing for the right of Puerto Rico's...

  • WASHINGTON— Salaried workers who earn nearly $1,000 per week would become eligible for overtime pay under a proposal President Barack Obama unveiled Monday, lamenting that too many Americans are working too many hours for less pay than they deserve. The long-awaited overtime rule from the Labor Department would more than double the threshold at which...

  • *NBC drops' Miss USA' and' Miss Universe' pageants. June 29- NBC cut ties with U.S. presidential candidate Donald Trump and the "Miss USA" and "Miss Universe" pageants on Monday after the real estate developer and TV personality made comments insulting Mexicans earlier this month. The decision by Comcast Corp- owned NBC was announced four days after Spanish-language...

  • *Former bankruptcy judge: Puerto Rico "urgently needs our help". Steven Rhodes, the retired U.S. bankruptcy judge who oversaw Detroit's historic bankruptcy and has now been retained by Puerto Rico to help solve its problems, gave a blunt assessment on Monday. Puerto Rico "urgently needs our help," Rhodes said.

  • 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...

  • *EU in legal quandary over Greece in the euro zone. Greece's Finance Minister Yanis Varoufakis has said Greece had no intention of quitting and cannot be forced out. The government in Greece, where a majority of people say they want to retain the euro currency and their 35- year-old membership of the European Union, correctly points out that neither the treaty...

  • 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.