UK's biggest tech retailer joins forces with Sprint to open 500 stores in US
A joint venture between Dixons Carphone and Sprint will expand the carrier’s retail operation in the US.
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U.S. job growth disappoints in June as labor force contracts
The rate of U.S. job growth cooled off in June, and missed Wall Street expectations, while many Americans exited the labor force.
How a white supremacist tapped into a Jewish fortune
Earl P. Holt III, president of the Council of Conservative Citizens, started giving money to GOP pols after marrying the widow of a wealthy Jewish businessman.
Gulf states reach $18.7B settlement with BP over oil spill
BP and five Gulf states announced an $18.7 billion settlement Thursday that resolves years of legal fighting over the environmental and economic damage done by the energy giant’s oil spill in 2010. The …
Tesla tops 11,000 vehicles delivered in second quarter
Tesla’s second-quarter deliveries surged 52 percent to set a company record exceeding 11,000 vehicles. The Palo Alto, California, electric car maker surpassed 10,000 vehicles for the first time in the …
Greek vote campaign begins amid grinding cash crisis
The battle for Greek votes entered full swing Thursday ahead of a crucial weekend referendum that could decide whether the country falls out of the euro. For Greeks, particularly the elderly, the daily …
Greek president cancels planned trip to Berlin on Tuesday – source
ATHENS (Reuters) – Greek President Prokopis Pavlopoulos has cancelled a trip to Berlin planned for Tuesday, which will come two days after a referendum on an international bailout, a person with knowledge …
Barnes & Noble taps Sears Canada CEO for retail business
Barnes & Noble, which plans to split into two companies next month, has tapped Sears Canada CEO Ronald Boire to lead the bookseller’s retail business. After the split, current CEO Michael Huseby will become …
BP to settle 2010 oil spill claims with U.S., states
BP Plc will pay a record $18.7 billion to resolve claims by the U.S. and five states along the Gulf of Mexico related to the 2010 oil spill. The payments will be spaced out over as long as 18 years, according to the preliminary agreement. A record $5.5 billion will cover federal penalties under the Clean Water Act, topping the previous high of $1 billion.
Varoufakis to resign as finance minister if Greece votes for bailout deal
Greek Finance Minister Yanis Varoufakis said he’ll quit if Greece votes to accept creditors’ bailout proposals in Sunday’s referendum. In the event of a “yes” vote, “I will not” be finance minister on Monday evening, Varoufakis said in an interview with Bloomberg Television in Athens Thursday. “But I will help whoever is” to navigate the country’s debt crisis, he said.