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Plunge in Chinese shares helps send global markets lower

NEW YORK ) — The worst drop in China’s stock market in eight years helped drag down other markets around the world Monday. The tough day follows declines in U.S. markets last week, when the three major indexes fell more than 2 percent as a number of big companies reported disappointing earnings. Faced with a […]

Thai Airways suspends unprofitable US flights

BANGKOK — Thailand’s beleaguered national airline said Monday it will suspend flights to the U.S. as part of efforts to end years of losses. The airline will suspend the unprofitable four roundtrip flights per week from Bangkok to Los Angeles and from Bangkok to Rome, starting October 25, Thai Airways President Jarumporn Chotikasathein said in […]

World Trade Organization approves Kazakhstan’s membership

BERLIN — Kazakhstan is set to become the 162nd member of the World Trade Organization after the Geneva-based body formally approved the country’s membership Monday. The largest former Soviet republic in Central Asia is rich in natural resources and a key transit country for goods between Asia and Europe. President Nursultan Nazarbayev says Kazakhstan is […]

Israel’s Teva buys Allergan generic drug company for $40.5B

JERUSALEM — Israel’s Teva Pharmaceutical Industries Ltd. said Monday it is purchasing Dublin-based Allergan PLC’s generic pharmaceuticals business for $40.5 billion, in what Israeli analysts called the largest-ever acquisition by an Israeli company. Statements from both companies say the deal will see Allergan receive $33.75 billion in cash and shares of Teva valued Monday at […]

Special Olympics gets largest single private donation, $25M

ROCHESTER, N.Y. — The Special Olympics has received a $25 million donation, the largest single private gift in the organization’s 47-year history. The donation comes from the philanthropic foundation of Thomas Golisano, the founder and chairman of Paychex Inc. The Rochester, New York-based company is a payroll processor and human resources services provider. Officials with […]

Orders for US durable goods jump 3.4 percent in June

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods posted a sizable gain in June, but the advance was fueled by higher demand for commercial aircraft. Outside of this volatile category, a key category that represents business investment rose by a far more modest amount. Orders for durable goods jumped 3.4 percent in June […]

Greece readies for bailout talks as Plan B details revealed

ATHENS, Greece — The Greek government was poised Monday for the imminent start of intricate bailout discussion but faced rebuke following revelations that former finance minister, Yanis Varoufakis, formed a secret committee to plan for the possible conversion of euros into drachmas “at a drop of a hat.” The talks have been delayed but are […]

As Fed meets, it edges toward its first rate hike since 2006

WASHINGTON — The Federal Reserve is getting close to raising interest rates for the first time in nearly a decade, perhaps in September. When it meets this week, though, don’t expect any timetable for a rate hike to be spelled out in a post-meeting statement. For now, the Fed wants to keep its options open. […]

Apple Watch will be sold at some Best Buy stores

NEW YORK — The Apple Watch is heading to some Best Buy stores ahead of the holiday shopping season. Best Buy Co. says it will sell the Apple Watch at 100 of its stores and on its website on August 7. Another 200 Best Buy stores will offer the smartwatch before the end of the […]

Russia considers ban on import of Dutch flowers

MOSCOW — Russia says it is considering banning imports of cut flowers from The Netherlands, a move that would aggravate tensions between the two countries already at odds over the downing of flight MH17. National veterinary agency Rosselkhoznadzor said Monday it has urged the European Union’s organization for plant protection to review certification for Dutch […]

Fiat Chrysler settlement with gov’t could prove costly

DETROIT — Fiat Chrysler could be required to lay out hundreds of millions of dollars to get potentially defective Ram pickups and older Jeeps off the road under a deal with safety regulators to settle claims that the automaker mishandled nearly two dozen recalls. The National Highway Traffic Safety Administration is requiring the company to […]

Judge: BP payouts to local entities to start soon for spill

NEW ORLEANS — A federal judge says BP will begin paying up to $1 billion in settlements to compensate local governments across the Gulf Coast for lost tax revenue and other economic damages they blame on the company’s 2010 oil spill. An order issued Monday by U.S. District Judge Carl Barbier said all of the […]

Dillashaw successfully defends UFC bantamweight title

CHICAGO — A kick sending T.J. Dillashaw to the mat changed his perception of Renan Barao. Dillashaw rallied quickly and successfully defended the UFC bantamweight title, stopping Barao by technical knockout in the fourth round at UFC Chicago on Saturday night. Dillashaw (13-2), solidified himself as one of the best pound-for-pound for fighters in UFC […]

Bowling report for Sunday, July 26, 2015

Note: Both Travis and Stars have their league signup sheets available for all bowlers to sign up for winter leagues.  Now is the time to get your team together and sign up for the new league year. Looking forward to see all of you out on the lanes. Star Sports Recreation Genentech Summer: Joe Fiori […]

Bocce report for Sunday, July 26, 2015

Fairfield Bocce Federation Summer Leagues started the beginning of May. Standings as of July 18: Tuesday AM 1st place — Los Bandidos: B J Conner –  capo, Ray Conner, Dot Little, Wayne Little, Dave Rico, Frank Rossi. 2nd place — Bocce Friends: Virgie Trammell – capo, Clyde Trammell, Richard Ginder, Twanda Simpson, Mary Barker, Mike […]

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