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THE WORLD'S FINANCIAL NEWS ON JUNE 25, 2015

Thursday, June 25, 2015


IN THE NEWS TODAY
U.S. stock futures were higher in early trading, with the crisis in Greece andthe latest U.S. economic numbers in focus. The sharp Wednesday selloff put the Dow negative for June and the S&P 500 just above breakeven. (CNBC)
As leftist Greek Prime Minister Alexis Tsipras embarks on a last-ditch effort to agree on a reform deal with creditors, a rebellion is mounting at home among his own Syriza party and the opposition. | Live blog (CNBC)
Barry Diller's IAC/InterActiveCorp (IACI) is planning to announce a spinoff and IPO of Match.com. (CNBC)
Key cases on same-sex marriage and Obamacare are among those left for the Supreme Court to rule on this term. Ahead of decisions today, tomorrow, and Monday, it appears Americans have largely made up their minds. (NBC News & CNBC)
The back-and-forth struggle over the president's trade agenda is expectedto take another step forward today, with a House vote on a companion to the fast track bill, which received final passage Wednesday. (USA Today)
The CEO of Takata, the Japanese airbag maker at the center a defect-and-recall scandal, today repeated his regret. Meanwhile, Toyota (TM) and Nissan said they're expanding their North America Takata-related recalls to the rest of the world. (AP & Reuters)
News reports are emerging that unscrupulous meat traders in China had been peddling tons of beef, pork and chicken wings that in some cases had been frozen for 40 years. (NY Times)
Chinese billionaire Jack Ma has paid $23 million for a swath of New York's Adirondacks, principally for conservation purposes. The Alibaba (BABA) co-founder also plans to occasionally use it as a personal retreat. (WSJ-subscription)
For the first time, Facebook (FB) is streaming the first episodes of two new HBO comedy series-"Ballers," starring The Rock, and "The Brink," featuring Tim Robbins-in a deal with the Time Warner -owned network. (CNBC)
Google (GOOG) reportedly plans to invest $600 million to build a new data center in Alabama on the site of a former coal-fired power plant. (CNBC)
Minnesota is America's Top State for Business in 2015-reaching the pinnacle of success by way of a much different route than previous CNBC winners. |Full list (CNBC)

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