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  • 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.

  • The EPA did factor in costs at a later stage, when it wrote standards that are expected to reduce the toxic emissions by 90 percent. The rules, which took effect in April, will remain in place while the case goes back to a lower court for the EPA to decide how to account for costs, environmental advocates say. Writing for the court, Justice Antonin Scalia said the EPA was...

  • WASHINGTON— Trading sharp words, a deeply divided Supreme Court upheld the use of a controversial drug in lethal-injection executions Monday, even as two dissenting justices said for the first time they think it's "highly likely" the death penalty itself is unconstitutional. In the dispute over the lethal-injection drug, midazolam was used in Arizona, Ohio and...

  • WASHINGTON— More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level in more than nine years. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index rose 0.9 percent to 112.6 last month. Median home prices climbed 7.9 percent over the past 12 months to $228,700,...

  • WASHINGTON— The Supreme Court is staying out of a long-running legal battle between technology giants Oracle and Google over copyright protection for a computer program that powers most of the world's smartphones and computer tablets. The justices said Monday they won't review an appeals court ruling that said software maker Oracle Corp. could copyright...

  • WASHINGTON— The Supreme Court said Monday it will dive back into the fight over the use of race in admissions at the University of Texas, a decision that presages tighter limits on affirmative action in higher education. The case began in 2008 when Abigail Fisher, who is white, was denied admission to the University of Texas's flagship Austin campus because she...

  • *China to make investment, climate pledges. *China says not dropping its euro zone bond holdings. BRUSSELS/ BEIJING, June 29- China promised the European Union on Monday it would hold on to its euro zone debt, Chinese state media reported, saying the Greek debt crisis was Beijing's problem too.

  • NEW YORK— Sysco is scrapping its proposed $3.5 billion buyout of US Foods after a Federal Trade Commission legal victory that temporarily blocked the deal to combine the two food-service companies. It will pay $300 million to US Foods and $12.5 million to another company, Performance Foods Group, in breakup fees. Performance Foods had a deal to buy 11 US Foods...

  • RENO, Nev.— Federal Bureau of Land Management officials are defending their request for special housing accommodations during the annual Burning Man counterculture festival in Nevada, disputing comments by Sen. Burning Man organizers have refused the request, saying amenities such as flush toilets, washers and dryers, showers, air conditioning and...

  • BEIJING, June 29- China will hold over a quarter of the votes in the new Asian Infrastructure Investment Bank, its finance ministry said on Monday, giving it a veto in some key decisions despite Beijing insisting it will not have such powers. Delegates from 57 countries gathered in Beijing to witness the signing of the articles of agreement for the Chinese-led...

  • WASHINGTON— It was the perfect loop: The Republican opposition research group America Rising finds footage of Democratic Senate candidate Bruce Braley in agriculture-loving Iowa, seeming to put down the intelligence of farmers. So does America Rising, which used that episode in Iowa last year to show prospective clients and donors what it can do.

  • NEW YORK— Now that same-sex marriage is legal across the United States, religious conservatives are focusing on preserving their right to object. Scott Walker is urging President Barack Obama and the nation's governors "to join me in reassuring millions of Americans that the government will not force them to participate in activities that violate their...

  • SAN JUAN, Puerto Rico— International economists released a critical report on Puerto Rico's economy Monday on the heels of the governor's warning that the island can't pay its $72 billion public debt. Alejandro Garcia Padilla delivered late Sunday was another jolt to the recession-gripped U.S. island, as well as a world financial system already worrying over...

  • BEIJING— Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. Tokyo's Nikkei 225 index fell 2 percent to 20,283.98 points. Market benchmarks in Taiwan, Singapore and New Zealand also fell sharply.

  • Treasury spokesperson said Lew told Tsipras in a phone call that it was important for Athens to show a commitment to reforms and for all parties to discuss possible debt relief for Greece. After bailout talks between the Greek government and foreign lenders broke down over the weekend, the European Central Bank froze vital funding support to Greece's banks,...

  • EU tries to look beyond Greece to deepen China ties Sunday, 28 Jun 2015 | 6:00 PM ET

    BRUSSELS, June 29- The European Union will briefly put aside worries about Greece to broaden its relations with China at a summit in Brussels on Monday, hoping for Chinese investment in Europe's new infrastructure fund and support for a global climate deal. "This meeting will send a positive signal that China and the EU can push growth through reform and...

  • Iran talks likely to blow past deadline: Officials Sunday, 28 Jun 2015 | 5:16 PM ET
    Secretary of State John Kerry (left) and Iranian Foreign Minister Javad Zarif

    U.S. and Iranian officials said talks on a final accord would likely run past a June 30 deadline.

  • Whether it will ever be fair to blame Angela Merkel for "breaking" Greece is debatable. Unlike her finance minister, Wolfgang Schaeuble, who sent abundant signals in recent months that he could accept a euro zone that does not include Greece, Merkel has been determined to avoid such an outcome, according to her closest advisers. If Greece ends up leaving the euro...

  • FACTBOX-Scenarios for Greece in the coming days Sunday, 28 Jun 2015 | 1:02 PM ET

    BRUSSELS, June 28- The breakdown of talks between Greece and its creditors on extending euro zone bailout funding beyond Tuesday means Athens may fail to make 1.6 billion euro debt repayment to the IMF that day. Long lines formed outside many ATMs on Sunday, including some of 40 to 50 people outside some in central Athens, while the German foreign ministry said...

  • VIENNA, June 28- Iran is backtracking from an interim nuclear agreement with world powers three months ago, Western officials suggested on Sunday, as U.S. and Iranian officials said talks on a final accord would likely run past a June 30 deadline. Securing an historic agreement would end a more than 12- year nuclear standoff between Iran and the West and open the...