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Puerto Rico's troubled power company has been forced to sell bonds again to obtain capital and avoid defaulting on a $415 million debt payment due Wednesday amid a worsening economic crisis in the U.S. territory.
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Wolf, GOP lawmakers make plans to resume talks after veto

Mark Scolforo and Peter Jackson, Associated Press  |  posted Jul 1st - 3:51pm
Democratic Gov. Tom Wolf and legislative leaders agreed Wednesday to restart budget talks after Wolf vetoed a Republican-crafted spending plan that every Democrat legislator voted against.
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SUVs, muscle cars help auto industry maintain momentum

The Associated Press  |  posted Jul 1st - 3:31pm
Americans again bought vehicles that sit up high and come loaded with features like backup cameras and smartphone capabilities in June. Horsepower was also in; gas-sipping not so much.
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The Latest: Moody's downgrades Greece to Caa3

The Associated Press  |  posted Jul 1st - 3:31pm
The latest news on Greece's financial woes (all times local):
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Argentina recalls its financial crisis, advises Greece

Paul Byrne, Associated Press  |  posted Jul 1st - 3:21pm
As Argentines closely watch the financial turmoil in Greece recalling their own worst crisis 14 years ago, the architect of the South American country's recovery has a message for the European nation: Renegotiate your debt.
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US stocks gain as Greece appears to be willing to negotiate

Steve Rothwell, Associated Press  |  posted Jul 1st - 3:04pm
Hopes that a deal could be reached between Greece and its creditors pushed stocks higher on Wednesday.
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Current heat wave can have negative impact on crops

The Associated Press  |  posted 23 minutes ago
Agricultural experts say the current heat wave can have a negative impact on farmer's crops.
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Mayor: Chicago school cuts include layoffs, less maintenance

Sophia Tareen, Associated Press  |  posted 43 minutes ago
Chicago school and city officials detailed $200 million in cuts — including layoffs, scaled-back maintenance and reduced transportation — to the nation's third-largest school district Wednesday, one day after the district paid a $634 million pension bill officials said it couldn't afford.
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Jamaica officials, artists hold reggae conference

David McFadden, Associated Press  |  posted 51 minutes ago
Government officials, lawyers and artists participated in a conference Wednesday to hash over ways of giving Jamaica a competitive advantage from reggae, the homegrown music that long ago went global.
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JBS USA to buy Cargill pork business for $1.45 billion

The Associated Press  |  posted Jul 1st - 3:41pm
The U.S. subsidiary of a Brazilian-based international meat processor is buying the pork division of Cargill Inc.
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Robot kills man at Volkswagen plant in Germany

The Associated Press  |  posted Jul 1st - 3:41pm
A robot has killed a contractor at one of Volkswagen's production plants in Germany, the automaker said Wednesday.
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Nebraska medical center to get funding for Ebola training

The Associated Press  |  posted Jul 1st - 3:31pm
An academic medical center in Nebraska has been designated as a national facility for Ebola training.
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US probing possible airline collusion that kept fares high

David Koenig, Scott Mayerowitz and Eric Tucker, Associated Press  |  posted Jul 1st - 3:31pm
The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press.
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US sues to block GE appliance business sale to Electrolux

The Associated Press  |  posted Jul 1st - 3:11pm
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.
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Poll: Approval for Supreme Court health care decision

The Associated Press  |  posted Jul 1st - 3:01pm
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.
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