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BP to pay record $18.7 billion to states affected by spill

More than five years after the worst offshore oil spill in U.S. history fouled beaches, coated seabirds in thick goo and threatened delicate marshes, BP has agreed to pay a record settlement to affected states in hopes of bringing an end to a legal drama that has cost the company billions.

US stocks slip on mixed US jobs report, Greek fears

Stocks ended a tumultuous trading week with slight losses Thursday as investors sought safety ahead of an extended holiday weekend.

$18.7B deal clears path for BP to close books on Gulf spill

Trying to close the books on the worst offshore oil spill in U.S. history, BP agreed Thursday to provide billions of dollars in new money to five Gulf Coast states in a deal the company said would bring its full obligations to an estimated $53.8 billion.

June economic report echoes previous signs for Midwest

Data from a June survey echo previous signs that slower economic growth likely lays ahead for nine Midwestern and Plains states, according to a report released Wednesday.

US stocks gain as Greece appears willing to negotiate

U.S. stocks closed higher as investors hoped a deal can be struck on Greece’s debt issues.

US probing airline collusion on high fares

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.

JBS USA to buy Cargill pork business for $1.45 billion

The U.S. subsidiary of a Brazilian-based international meat processor is buying the pork division of Cargill Inc.

US court agrees Apple violated antitrust law in e-book entry

Apple violated antitrust laws by colluding with publishers to raise electronic book prices when it entered a market in 2010 that had been dominated by Amazon.com, a divided federal appeals court panel said Tuesday.

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Greece's bailout expires, country defaults on IMF payment

Greece slipped deeper into its financial abyss after the bailout program it has relied on for five years expired at midnight Tuesday and the country failed to repay a loan due to the International Monetary Fund.

US stocks notch worst day of year

Fears that Greece’s troubles could spread through the global financial system shook markets on Monday, driving U.S. stocks to their worst day of the year.

Nominations for Fast Track Awards sought

The Missouri Chamber of Commerce and Industry is accepting nominations for its 2015 Fast Track Awards, a program designed to recognize Missouri’s fastest-growing companies.

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BizBeat: Jack in the Box eyes July opening

Jefferson City’s new Jack in the Box restaurant is eyeing a target opening date of July 13.

BizBeat: Demolition begins at St. Mary’s Missouri Blvd. buildings

SSM Health is moving forward with plans to demolish two buildings on Missouri Boulevard across from the old St. Mary’s Hospital’s primary campus in Jefferson City.

BizBeat: New landscaping service to open nursery

United Landscape Design is already open for business, offering custom landscape services for residential and commercial customers. The business, located at 2405 Industrial Drive, will open a nursery next month.

BizBeat: FM 104.1 retunes format

Cumulus Media retuned its approach to Jefferson City’s FM 104.1 radio station last week, changing from CBS Sports to popular music from the late 1960s to early 1980s.

May 2015 home sales statistics

For Jefferson City and Missouri

Jefferson City’s real estate market saw home sales soar in May, with residential units selling much more quickly and for higher average prices than the same time last year, and outpacing statewide home sales statistics for the month.

Advice for making charitable donations

Tips from Better Business Bureau

Charitable giving is a great American value, but how do we choose charities to support, and how do we know our money will do the most good?

Privately owned Texas town drops 'Bikinis' name

Bikinis, Texas, is no more. The privately owned town in rural Gillespie County has reverted to Bankersmith, the name it had before it was bought by an Austin restaurateur whose chain requires waitresses to wear bikinis.

Greek prime minister puts bailout deal to referendum July 5

Greece's prime minister on Friday called a surprise referendum for July 5 on the financially troubled country's fraught bailout talks with international creditors, and government officials are calling on the nation to reject the proposed deal.

US to probe Ford F-150 power brake failures

U.S. safety regulators are investigating complaints that the power brake assist can fail on some Ford F-150 pickup trucks.

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