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  • NEW YORK— China has reportedly decided to bar new initial public offerings of stock and create a fund to stabilize its stock market, which has been roiled by a wave of selloffs. The statement was posted on the website of the Securities Association of China. Even though China is the world's second-largest economy, the Chinese stock market remains largely isolated.

  • AIX-EN-PROVENCE, France, July 4- Suez Environnement, the world's second largest waste and water company, said on Saturday market trends were slightly more favourable in the second quarter of the year after a flat first quarter. In April, the French group reported a 5.5 percent increase in first quarter sales, boosted by the euro's weakness. In the second quarter...

  • SARATOGA SPRINGS, N.Y.— Well before dice start tumbling at new upstate casinos, gambling operations in New York are evolving to stay competitive. And in central New York, the tribe that operates Turning Stone Resort Casino opened a second, smaller casino and added slot machines to its convenience stores. Licenses are pending for three new gambling resorts in New...

  • MILWAUKEE— Milwaukee County bus drivers have returned to work after a three-day strike over staffing and wages. Amalgamated Transit Union Local 998 President James Macon says the biggest sticking point is the county's plan to hire more part-time drivers, with fewer benefits than full-time drivers. On Friday, drivers rallied outside the apartment building...

  • BEIJING/ SHANGHAI, July 4- China froze share offers and set up a market-stabilization fund on Saturday, the Wall Street Journal said, as Beijing intensified efforts to pull stock markets out of a nose-drive that is threatening the world's second-largest economy. Beijing's reported suspension of initial public offers came a few hours after extraordinary...

  • They're popular in Grand Rapids, Traverse City and Marquette, especially as a way to visit small breweries. Laurie Ryan, owner of the Great Lakes Pub Cruiser in Grand Rapids, said the cost of liability insurance for her 15- seat trolley would double. In Marquette, in the Upper Peninsula, the owner of U.P.

  • July 1 came and went without a final agreement between the House and Senate on how Massachusetts should spend roughly $38 billion over the next 12 months. The governor wanted a two-week interim budget, but the Legislature gave him one that would cover the entire month of July if necessary, which was seen as a possible sign that talks were progressing slowly.

  • ATHENS, July 4- They might be living through one of the worst economic crises of modern times, but for Greeks coffee remains an indispensable fuel for thought on the eve of a referendum that may decide their future in Europe. But few of them appear ready to forgo their trademark iced coffee, freddo or frappe, which can cost anywhere between 2 and 4.5 euros in downtown...

  • ATHENS, July 4- They might be living through one of the worst economic crises of modern times, but for Greeks coffee remains an indispensable fuel for thought on the eve of a referendum that may decide their future in Europe. But few of them appear ready to forgo their trademark iced coffee, freddo or frappe, which can cost anywhere between 2 and 4.5 euros in downtown...

  • Normally, the flood of new grain coming in at harvest time drives down crop prices, and with prices already low when the harvest began, farmers in Texas, Oklahoma and Kansas were worried. Wheat grower Vance Ehmke said cash prices at his local elevator in the western Kansas community of Dighton dipped as low as $4.50 a bushel last month but have risen to about $5.50 a...

  • Texas has decided to start keeping its gold holdings within in its own borders. Texas is the only state that owns an actual stockpile of gold, according to public sector and financial industry experts— not just gold futures or investment positions, but approximately 5,600 gold bars worth around $650 million. But for the Texas comptroller's office, which has to...

  • SHANGHAI, July 4- China has suspended new initial public offerings in effort to stabilise falling stock markets, the Wall Street Journal reported on Saturday, citing unidentified sources.

  • BERLIN, July 4- Greek Finance Minister Yanis Varoufakis told a German newspaper he expects to get a deal with international creditors on Monday, regardless of the outcome of Sunday's aid-for-reforms referendum. "I expect that we will have an agreement on Monday.. He also attacked his German counterpart Wolfgang Schaeuble.

  • One of the country's largest power companies, Southern Co., says it hopes drones can eventually identify storm damage in the Southeast and allow it to increase its routine inspections. "One of the biggest challenges is going out and assessing the system," said Andrew Phillips, who has directed drone research for the Electric Power Research Institute, an electric...

  • Keurig Kold, which will make everything from craft sodas to iced teas, is expected to launch in the fall, entering a space dominated by home-brewed cold drinks market leader SodaStream International Ltd.. SodaStream, the once fast-growing Israeli company whose investors have been watching the Keurig machine's introduction with trepidation, has seen its own...

  • *Germany's Schaeuble says Greece might lose euro "temporarily". ATHENS, July 4- Greece's finance minister accused creditors of trying to "terrorise" Greeks into accepting austerity, warning Europe stood to lose as much as Athens if the country is forced from the euro after a referendum on Sunday on bailout terms. The left-wing government is urging a "No" vote, saying...

  • 25 CHINESE MUTUAL FUND HOUSES SEEK TO SPEED UP APPLICATION. BEIJING, July 4- Leaders of 25 major Chinese mutual fund houses on Saturday promised to subscribe to their companies' equity funds, the latest effort to stem a stock market slide of nearly 30 percent since mid-June. The firms also would seek to speed up the application and issuance of equity funds, the Asset...

  • FRANKFURT, July 4- German gun maker Heckler& Koch is going to court to rescue the reputation of its G36 gun, its signature product whose quality has been questioned by the German government. Germany is still reluctant to send its troops to crisis zones, 70 years after the end of World War Two. Germany has recently reversed course on arms exports following a storm of...

  • VIENNA— World powers and Iran have drawn up a draft document on the pace and timing of sanctions relief for the Islamic republic in exchange for curbs on Iran's nuclear program, advancing on one of the most contentious issues at their negotiations, diplomats told The Associated Press on Saturday. Officials had described sanctions relief as one of the thorniest...

  • *Germany's Schaeuble says Greece might lose euro "temporarily". *Greece votes Sunday in referendum on aid deal. ATHENS, July 4- Europe will lose a trillion euros if it allows Greece to go under, the country's finance minister said on Saturday, accusing creditors of' terrorizing' Greeks into accepting austerity in a referendum on bailout terms.