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US homebuilder sentiment hits highest level since 2005

U.S. homebuilders’ confidence in the market for new homes is back up to levels not seen since the height of the housing boom a decade ago.

Amazon: 'Prime Day' annual event

Amazon says its “Prime Day” sale led to a sales surge and “hundreds of thousands” of new signups for its $99 annual Prime loyalty program. The company said it plans to make the sale an annual event.

Obama unveils high-speed Internet help for low-income homes

Calling the Internet a 21st century necessity, President Barack Obama on Wednesday unveiled a program to bring faster Internet connections to more low-income households, particularly to help students living in public and assisted housing stay ahead in school.

Netflix supports Charter acquisition of Time Warner Cable

Netflix, a vocal opponent of Comcast's failed bid for Time Warner Cable, supports Charter's quest to do the same in a deal that would create another cable giant.

Michigan: Ban heavy oil from Straits of Mackinac pipeline

Heavy crude oil will be banned from a pipeline that runs under a scenic waterway where Lakes Huron and Michigan meet, officials said Tuesday, adding they’ll also require independent analyses of future alternatives to the pipelines and worst-case consequences of a spill.

Energy stocks lead US market lower

The U.S. stock market edged lower Wednesday, ending a four-day rally, as a drop in energy shares and jitters over Greece outweighed encouraging earnings reports from banks.

Fed survey finds economic growth in all regions of country

The U.S. economy was expanding in all regions of the country in the late spring, aided by strong sales of autos and other consumer goods.

Second company probed for air bag inflator malfunctions

The problem of exploding air bags could be widening beyond Japanese manufacturer Takata Corp.

Business briefs

Stocks climbed broadly on Tuesday as investors who had been fretting over the Greek debt crisis and plunging Chinese stocks turned their attention back to the U.S. economy and corporate earnings reports.

Lower oil prices may trickle out of Iran deal

Oil prices that slumped steeply earlier this year may take another hit once a historic deal between the West and Iran allows that country to start pouring more crude into a market already brimming with supply.

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Fake story on buyout sends Twitter stock briefly higher

Twitter's stock briefly spiked on Tuesday after a fake story said the short messaging service received a $31 billion buyout offer.

Greece: Revolt over austerity deal reaches Cabinet

Greece's left-wing government launched a frantic 24-hour effort late Tuesday to push more austerity measures through parliament and meet demands from European creditors as it faced down mounting anger at home.

US stocks post a 4th straight gain; Micron soars

tocks climbed broadly on Tuesday as investors who had been fretting over the Greek debt crisis and plunging Chinese stocks turned their attention back to the U.S. economy and corporate earnings reports.

Claims ‘As Seen on TV’ company scammed customers resolved

A company known for its “As Seen on TV” products including the Pocket Hose has reached a settlement with state officials who said it used high-pressure sales tactics and made it difficult for customers to get refunds.

Wal-Mart opens counteroffensive against Amazon

The online price fight as well as the bickering is heating up between Wal-Mart and Amazon.com, and it’s not even the holiday shopping season.

Stocks end higher after Greece lines up a new bailout deal

A new agreement between Greece and its lenders helped lift the stock market on Monday, extending the market’s winning streak to a third day. The deal for a new loan package is aimed at keeping the country in the euro, but many hurdles remain.

Small business of the year nominations now accepted

The Jefferson City Area Chamber of Commerce is accepting nominations for the 2015 Small Business of the Year and Exceptional Employee awards.

Economic strains in Greece to have little impact locally

If you’re wondering how the ongoing financial crisis in Greece might affect your personal investments an ocean away, local financial advisors’ advice is simple: don’t panic.

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BizBeat: Sam’s Club gas station open for members

Jefferson City’s soon-to-open Sam’s Club began doing business at its gas station last Tuesday.

BizBeat: Colton’s to close temporarily for remodel

Colton’s Steak House on Missouri Boulevard will close for roughly two weeks beginning Monday to make way for a major renovation to the building.