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  • 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...

  • FDA cracks down on unapproved ear drops Wednesday, 1 Jul 2015 | 10:39 AM ET

    Because the products are not overseen by FDA regulators they could be contaminated or manufactured incorrectly. The agency notes that there are numerous FDA- approved ear drops, so "little or no impact on patients" is expected from removing the products from the market. Companies that want federal approval for their drugs must submit an FDA application for...

  • US manufacturing growth improves in June; hiring jumps Wednesday, 1 Jul 2015 | 10:11 AM ET

    WASHINGTON— U.S. manufacturing growth improved in June, helped by a jump in employment. The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its manufacturing index rose to 53.5 last month from 52.8 in May. "When it goes up like that, it's in anticipation of future orders," said Bradley Holcombe, chairman of I.S.M.' s...

  • US construction spending rises 0.8 percent in May Wednesday, 1 Jul 2015 | 10:06 AM ET

    WASHINGTON— U.S. construction spending posted a solid gain in May, pushing total activity to the highest point since the fall of 2008, with the strength led by a big jump in non-residential projects. Total construction spending increased 0.8 percent in May, following an even bigger 2.1 percent advance in April, the Commerce Department reported Wednesday.

  • WASHINGTON— Document shows Justice Dept investigating whether airlines are colluding to keep airfares high.

  • Survey: US businesses step up hiring in June to 237,000 Wednesday, 1 Jul 2015 | 8:33 AM ET

    WASHINGTON— U.S. businesses added jobs at a robust pace in June, a private survey found, evidence that rising consumer spending and a healthy housing market are supporting more hiring. Payroll processor ADP said Wednesday that businesses added 237,000 jobs last month, up from 203,000 in May. That is the most since December, according to the ADP's tally.

  • The White House on Wednesday ended a long-standing ban on tourists taking photos or using social media during public tours of the building. "If you've been on a White House tour, you may have seen this sign," she says, holding up a placard that states "No Photos or Social Media Allowed. Those visiting the presidential mansion on Wednesday with cameras in hand may have...

  • WASHINGTON— The Institute for Supply Management releases its survey about June U.S. manufacturing production, orders and other activity at 10 a.m. Eastern Wednesday. Oil has stabilized at around $60 a barrel. It had plunged as low as $50 a barrel at the start of the year from roughly $110 in June 2014.

  • Ahead of the Bell: US construction spending Wednesday, 1 Jul 2015 | 6:43 AM ET

    WASHINGTON— The Commerce Department reports on U.S. construction spending in May at 10 a.m. Eastern Wednesday. CONSTRUCTION UP: Economists believe spending rose 0.6 percent, according to a survey of economists by data firm FactSet. Almost 60 percent of the real estate executives participating in a recent survey by the law firm Akerman LLP said they were more...

  • And if the industry is as predatory as the Education Department and many lawmakers suggest, why didn't they stop it? That's when an Education Department memo written under President George W. Bush suggested colleges wouldn't be severely penalized if they compensated college recruiters for getting students in the door. The top regulator on higher education...

  • Obama: 'Feeling pretty good' about health care Wednesday, 1 Jul 2015 | 3:19 AM ET

    NASHVILLE, Tenn.— Fresh off a Supreme Court victory, President Barack Obama said Wednesday that he's "feeling pretty good" about the state of his health care law and pleaded for bipartisan cooperation on ways to make it work even better. The state's Republican governor, Bill Haslam, tried to expand Medicaid under the health care law to cover more than 200,000 state...