ISM Manufacturing Index Falls to 52.7 in July

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U.S. manufacturers expanded at a slower pace in July, according to a survey released Monday by the Institute for Supply Management. Employment also increased at a slower pace last month.

London Trader Hayes Convicted of Rigging Libor

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A jury has convicted Tom Hayes, a former trader at UBS and Citigroup, with fraudulently trying to rig the London interbank offered rate, or Libor, the first criminal conviction of an individual for manipulating the widely used benchmark.

N.Y. State to Suspend Promontory

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New York banking regulators indicated that they would indefinitely suspend Promontory Financial Group from some consulting work because of problems with its work for Standard Chartered.

Greek Stocks Plunge as Trading Resumes

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The benchmark Athex Composite was down 17% around midday after dropping more than 20% within minutes of opening, indicating investors are still concerned after the recent progress in bailout negotiations.

U.S. Stocks Open Mixed

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U.S. stocks opened little changed Monday, as investors scoured economic reports for clues on the pace of growth.

Drones Are Put on a Leash

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The commercial promise of drones has been limited by their short battery lives and propensity for flying off. Now some companies believe they have a solution: tie the drones to the ground with tethers hundreds of feet long.

U.S. Consumer Spending Up 0.2% in June

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Americans curbed their spending increases in June, a sign that weak wage growth might be weighing on consumers.

BMW, Daimler and Audi to Buy Nokia's Maps Business

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Germany’s biggest auto makers have clinched a deal to buy Nokia’s digital mapping business, beating out rival bidders for some of the vital technology for self-driving cars in a $3.1 billion acquisition.

Power-Plant Regulations to Alter, Challenge Industry

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The first-ever federal limits on power-plant carbon emissions aim to change the way Americans make and consume electricity and ease climate change.

Virtual Reality Isn't Just About Games

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Virtual reality is going to be much bigger, much more compelling, and much less trivial than what its earliest adopters have so far envisioned, says Keywords columnist Christopher Mims.

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