Business News

It's All Greece Today

Like a crack addict who is given the choice whether or not to attend rehab …. The Greeks voted no on continued austerity measures that will help them pay back the money they owe creditors.  Greece's decision has sent shockwaves across global financial as now investors wonder whether Athens can stay in the European Union. (CNBC)

Foreign exchange markets are reserving judgment on Greece's place in the euro with the euro down less than half a percent. The euro had sunk below $1.10 in initial trading. Greece's banks have been closed for almost a week. (Bloomberg)

Humana has agreed to be bought by rival Aetna for $35 billion in cash and stock. The deal is expected to face rigorous scrutiny from U.S. regulators. (CNBC)

Apple's next iPhone has started entering the production process. Suppliers have begun delivering parts to device manufacturers Foxconn and Pegatron. (DigiTimes)

Dollar Tree has received FTC approval to acquire rival Family Dollar Stores after a nearly year-long review. The combined company has to divest more than 300 stores. Dollar Tree expects the deal to be completed today. (AP)
 

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