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Ranks of commodities brokers dwindle as U.S. futures industry evolves

NEW YORK, July 1 (Reuters)- U.S. commodities brokerages- a key focus of reforms designed to make the financial system safer- are increasingly struggling to eke out a profit, spurring many firms to think about leaving the business, or trying to boost commissions. The vanishing FCMs are one way the futures trading business is changing in the United States.
Source: Reuters | By: John McCrank
You don't have to be Elon Musk to invest in space

While much of the attention orbits SpaceX, for better or worse, analysts say investors should explore its more diversified competitors.
Source: CNBC.com | By: Constance Gustke, special to CNBC.com
General Mills' profit hit by Green Giant charge

NEW YORK- General Mills said its profit fell by more than half after it took a charge to write down the value of its Green Giant frozen and canned vegetables business, to which it plans to devote less resources. General Mills CEO Ken Powell noted that the frozen category has been declining, and that people also seem to be gravitating toward traditional "blocks" of...
Source: The Associated Press
Schaeuble: No point in talks before referendum  

CNBC's Michelle Caruso-Cabrera has the latest details on Germany's response to reported concessions by Greece's Tsipras and provides a look at the economic hardships facing the Greek people.
Source: CNBC.com
South Africa's platinum sector faces crunch time as prices slide

JOHANNESBURG/ LONDON, July 1- South Africa's platinum sector is at a crucial juncture as the metal's price, near six-year lows, maintains a steady decline, with analysts now contemplating a move below $1,000 an ounce. Platinum has fallen nearly 10 percent so far this year, and at current prices of less than $1,100 an ounce, many shafts in the world's top producing...
Source: Reuters | By: Ed Stoddard, Jan Harvey and Silvia Antonioli
Russia halts gas supply to Ukraine amid pricing dispute

MOSCOW- The Russian gas company Gazprom halted supplies to neighboring Ukraine on Wednesday after the collapse of pricing talks, a company official said- but an EU official said the dispute would not affect the flow of Russian gas to Europe. Gazprom CEO Alexei Miller said Russia stopped deliveries at 10 a.m. because Ukraine didn't make an advance payment for...
Source: The Associated Press
Cramer Remix: A stock so bad I won't say its name

Jim Cramer won't even make a call on this stock during the Lightning Round.
Source: CNBC.com | By: Abigail Stevenson
Cramer: Vicious IPOs poisonous to your portfolio

Jim Cramer has seen a massive number of IPOs this month. Could these stocks be toxic to your portfolio?
Source: CNBC.com | By: Abigail Stevenson
Obama: US, Cuba re-open embassies, restore relations

In announcing the move to open embassies after more than 50 years, President Obama also called on Congress to lift a long-standing trade embargo.
Source: CNBC.com | By: Jacob Pramuk
Puerto Rico shocks, but not yet rocks, muni market

Puerto Rico's brewing debt crisis has pummeled its bonds, but so far not the more than $3.5 trillion broader municipal bond market.
Source: CNBC.com | By: Patti Domm