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Reddit CEO issues apology: 'We screwed up'

Facing widespread backlash for perceived censorship and the firing of a popular executive, Reddit's CEO issued an apology to users.
Source: CNBC.com | By: Zack Guzman
President Obama: Fight against ISIS will not be quick  

President Obama delivers a strategy update on the fight against ISIS from The Pentagon. President Obama says the fight will not be quick but the group can and will be defeated.
Source: CNBC.com
UPDATE 2-Italy urges compromise to keep Greece in euro zone

ROME, July 6- Italy called on Monday for Greece and its creditors to resume negotiations with a greater willingness to compromise in order to resolve Greece's debt crisis and ensure Athens is not pushed out of the euro zone. The call from Sandro Gozi, Italy's top EU affairs official, contrasted with remarks from northern European capitals which appear to have...
Source: Reuters
CNBC update: Tour de France crash  

Iran's state news agency says serious differences remain after a ministerial meeting in Vienna, and the Tour De France bicycle race came to a grinding halt after a massive pile up caused 2 dozens riders to topple over, reports CNBC's Sue Herera.
Source: CNBC.com
Fire kills 14 dogs at California pet boarding facility

MONTEREY, Calif.- Authorities say 14 dogs died in a fire at a Central California boarding facility that cares for pets while their owners are away on vacation. Inspector Mike Ventimiglia of the Monterey Fire Department said Monday that it appears the dogs died of smoke inhalation. He says a cause for the Sunday afternoon blaze at Home Away from Home pet spa remains...
Source: The Associated Press
F-35 Joint Strike Fighter passes important, live-fire test  

CNBC's Jane Wells reports on the most expensive fighter jet program in U.S. military history as it undergoes an important test.
Source: CNBC.com
Valuations are higher, but not scary: Pro  

Rebecca Patterson, Bessemer Trust chief investment officer, gives perspective to euro movement and what's to come.
Source: CNBC.com
Russian bomber crashes in Pacific region, both pilots killed

MOSCOW- A Russian military aircraft crashed Monday while taking off on a nighttime training flight and both pilots were killed, the Defense Ministry said. Another MiG-29 crashed in southern Russia on June 4, its crew of two bailing out safely. The two crew members were unhurt in the accident, which the Defense Ministry said at the time was caused by a failure of the...
Source: The Associated Press
Why this analyst likes Facebook's status

Strategas Research Partners' Chris Verrone lays out two tech names that are worth buying now for the second half of the year.
Source: CNBC.com | By: Leanne Miller
The Latest: Fitch says Grexit risks have dramatically risen

ATHENS, Greece- The latest on the bailout referendum in Greece:. Greek Finance Minister Yanis Varoufakis has resigned, saying he was told shortly after the Greek referendum result that the other eurozone finance ministers and Greece's other creditors would prefer he not attend the ministers' meetings. The president of the eurozone finance ministers' group,...
Source: The Associated Press