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By By TOM MURPHY | July 07, 2015 8:18 am
Federal, Indiana authorities raid home of Subway spokesman

Business News

  • Horizon Pharma makes hostile, $2.1B bid for Depomed
    Associated Press | July 07, 2015 8:12 am
    Horizon Pharma has gone hostile with an all-stock offer for Depomed valued at about $2.1 billion after its target rejected friendly overtures to talk about a deal.The Dublin-based company said...
  • Greece restarts talks with creditors as country on edge
    Associated Press | July 07, 2015 7:49 am
    With their country struggling to stave off financial collapse, Greek officials restarted talks with skeptical creditors on a new rescue deal, but showed up Tuesday without the concrete proposals their European counterparts had demanded.
  • WHO says too few countries taxing tobacco products enough
    Associated Press | July 07, 2015 3:30 am
    Taxing cigarettes up to 75 percent of their retail price is among the most effective ways to reduce tobacco use, but too few governments levy high enough taxes, according to a World Health Organization global report released Tuesday.
  • Longtime Hollywood producer Jerry Weintraub dies at 77
    Associated Press | July 06, 2015 10:00 pm
    One of the last of the classic Hollywood showmen, Jerry Weintraub built his show business empire on a Rolodex and chutzpah.
  • What's next, as Greece stumbles toward euro exit
    Associated Press | July 06, 2015 9:00 pm
    Greece is at the last chance saloon, thirsty and out of credit. Next stop could be the badlands of euro exit.
  • Death toll from defective GM switches rises to 121
    Associated Press | July 06, 2015 9:25 am
    The death toll from faulty ignition switches in General Motors' small cars has risen by two to 121.
  • Growth in US services firms rises in June
    Associated Press | July 06, 2015 9:18 am
    U.S. service firms grew at a slightly faster pace in June, as business activity and new orders increased.
  • US stocks open lower after Greek 'no' vote on bailout
    Associated Press | July 06, 2015 7:06 am
    U.S. stocks are opening lower after Greeks voted overwhelmingly to reject the terms of the country's latest bailout.
  • Chinese small investors look for way out of stocks
    Associated Press | July 06, 2015 3:37 am
    Shares in big state companies soared Monday after promises of government action to halt a slide in Chinese stock prices but many others sank as jittery small investors tried to cut their losses.
  • Honda chief: Product development needs more time for quality
    Associated Press | July 05, 2015 10:00 pm
    To illustrate his vision for a turnaround at recall-slammed Honda, Takahiro Hachigo, the new chief executive, showed video footage set to a light-hearted 50s-style rock music of happy people with Honda products, like a lawn mower and the Asimo walking robot.
  • Back at work: Congress facing busy agenda, funding deadline
    Associated Press | July 05, 2015 12:07 pm
    Members of Congress return from July Fourth fireworks and parades Tuesday facing a daunting summer workload and an impending deadline to fund the government or risk a shutdown in the fall.
  • Malaysian leader faces risk of criminal charges over fund
    Associated Press | July 05, 2015 6:24 am
    Malaysia's prime minister is facing the risk of criminal charges over allegations that hundreds of millions of dollars were funneled from an indebted state fund to his personal bank accounts, the first time a Malaysian leader has faced criminal allegations.
  • Texas wants its gold back inside the state's borders
    Associated Press | July 04, 2015 11:26 am
    Forget Fort Knox or the Federal Reserve. Texas has decided to start keeping its gold holdings within in its own borders. But what makes sense politically in such a sovereignty-loving place is creating a logistical conundrum.
  • Aetna to buy Humana as health insurer landscape shifts
    Associated Press | July 03, 2015 12:12 pm
    Aetna aims to spend about $35 billion to buy rival Humana and become the latest health insurer bulking up on government business as the industry adjusts to the federal health care overhaul.The...

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