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Resounding 'No': Greece rejects Europe's offer

Greeks will today vote in a referendum that could determine the country's future-we're live blogging all the latest developments.
Source: CNBC.com | By: Everett Rosenfeld
WRAPUP 7-Greeks defy Europe with overwhelming referendum 'No'

*Referendum set to decide Greece's future in euro. ATHENS, July 5- Greeks voted overwhelmingly "No" on Sunday in a historic bailout referendum, partial results showed, defying warnings from across Europe that rejecting new austerity terms for fresh financial aid would set their country on a path out of the euro. "The negotiations which will start must be concluded...
Source: Reuters | By: Karolina Tagaris and Lefteris Papadimas
UPDATE 1-Deutsche Post reaches pay deal to end strike

BAD NEUENAHR, Germany, July 5- Deutsche Post and trade union Verdi on Sunday reached a deal to end a four-week old strike, agreeing pay rises and job guarantees for 140,000 workers and allowing the postal operator to press ahead with plans for low-cost parcel units. After 40 hours of negotiations, the company agreed to give 140,000 workers bound by a collective...
Source: Reuters
WRAPUP 6-Opinion polls show 'No' ahead in Greek bailout referendum

*Referendum set to decide Greece's future in euro. ATHENS, July 5- Opinion polls released after Greece's bailout referendum on Sunday showed the' No' vote ahead, suggesting voters had defied warnings from across Europe that rejection of the creditors' terms would set their country on a path out of the euro. Athens' partners have warned over the past week that a' No' vote...
Source: Reuters | By: George Georgiopoulos and Michele Kambas
German exporters eye lucrative deals in post-sanctions Iran

*Once-biggest exporter to Iran overtaken by China, Korea. FRANKFURT/ BERLIN, July 5- Martin Herrenknecht, founder of a company in southern Germany that is a world leader in tunnel-boring equipment, has been carefully preparing for the day when Iran reopens for business. It has maintained an office there, anticipating a day when Iran reaches a nuclear deal with...
Source: Reuters | By: Georgina Prodhan and Noah Barkin
With Massachusetts officially in the casino game, now what?

BOSTON- The casino gambling industry is off and running with the recent opening of the Plainridge Park Casino in southeastern Massachusetts. Gambling revenues from the Plainville slots parlor are flowing daily into the state coffers, though the Massachusetts Gaming Commission cautions it's too early to say whether revenues will meet projections.
Source: The Associated Press | By: By PHILIP MARCELO, Associated Press
The biotech field looking to put an end to pain

As sports grapples with the effects of injuries, one area of medicine is looking to make pain and injury recovery a thing of the past.
Source: CNBC.com | By: Janine Wolf, Special to CNBC.com
Standoff over social media passwords breaks new legal ground

HOUSTON- A Texas man used social media to promote his gun store, posting politically charged messages that criticized the president and promoted Second Amendment rights. But after losing ownership of his suburban Houston store in bankruptcy, Jeremy Alcede spent nearly seven weeks in jail for refusing a federal judge's order to share with the new owner the...
Source: The Associated Press | By: By JUAN A. LOZANO, Associated Press
UPDATE 2-China rolls out emergency measures to prevent stock market crash

BEIJING/ SHANGHAI, July 5- China's stock markets face a make-or-break week after officials rolled out an unprecedented series of steps at the weekend to prevent a full-blown stock market crash that would threaten the world's second-largest economy. In an extraordinary weekend of policy moves, brokerages and fund managers vowed to buy massive amounts of...
Source: Reuters | By: Pete Sweeney and Samuel Shen
Traders recall the 'rush' and 'roar' as famed pits close

NEW YORK- Pete Meegan had every intention of going back to college, but then he got a summer job in the Chicago trading pits and fell in love with the "roar" of the floor, the excitement of "4,000 people yelling,' Buy! ' "and decided no more classroom for him. On Monday, most futures pits in Chicago and New York, where frenzied buying and selling once helped set prices on cattle...
Source: The Associated Press | By: By BERNARD CONDON and DON BABWIN, Associated Press