Conservatives cheered the demise of the federal Export-Import Bank Tuesday and vowed to beat back efforts to revive it, even as business leaders issued dire warnings that letting the agency expire at midnight would hurt U.S.
US stocks climbed at the end of trade, rebounding from midday losses, as a last-minute diplomatic scramble got under way to keep Greece from defaulting on its debt payments.
On Tuesday, the biotech ponied up $1 billion to gain access to innovative cancer treatments being developed by Juno Therapeutics. The deal gives Celgene a 10% stake in Juno, as well the rights to sell the company's therapies around the world.
Apollo Education Group Inc., owner of the University of Phoenix, fell the most in three months after it lowered profit and revenue forecasts and said enrollment will fall by 50,000 next year.
June 30 (Reuters) - The California power grid operator urged consumers to curb power usage on Tuesday and Wednesday to avoid stressing the state's electric system during a heat wave.