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Florida power company gave $1 million to pro-Bush super PAC

FP&L is the state's largest electric utility, and NextEra operates in 26 other states and Canada. Now, NextEra is opening its own coffers to support Right to Rise, the super PAC formed to help Bush's bid for the presidency. Kristy Campbell, a Bush campaign spokeswoman, denied any conflict of interest in Bush's relationship with NextEra.
Source: The Associated Press | By: By JACK GILLUM and RONNIE GREENE, Associated Press
UPDATE 9-Pacific Rim free trade talks fall short of deal

LAHAINA, Hawaii, July 31- Pacific Rim trade ministers failed to clinch a deal on Friday to free up trade between a dozen nations after a dispute flared up over auto trade between Japan and North America, New Zealand dug in over dairy trade and no agreement was reached on monopoly periods for next-generation drugs. Trade ministers from the 12 nations negotiating...
Source: Reuters | By: Ami Miyazaki and Krista Hughes
UPDATE 7-Pacific Rim free trade talks fail to end in deal

LAHAINA, Hawaii, July 31- Pacific Rim trade ministers failed to clinch a deal on Friday to free up trade between a dozen nations after a dispute flared between Japan and North America over autos, New Zealand dug in over dairy trade and no agreement was reached on monopoly periods for next-generation drugs. Trade ministers from the 12 nations negotiating the...
Source: Reuters | By: Ami Miyazaki and Krista Hughes
UPDATE 3-Pacific Rim free trade talks unlikely to end in deal -sources

LAHAINA, Hawaii, July 31- Talks on a Pacific Rim free-trade pact are unlikely to end in a final deal, sources involved in the talks said on Friday, with a dispute between Japan and the United States over autos, New Zealand digging in over trade in dairy products and no agreement on monopoly periods for next-generation drugs. Trade ministers from the 12 nations...
Source: Reuters | By: Ami Miyazaki and Krista Hughes
Puerto Rico to miss debt payment, signalling default

Puerto Rico will miss a debt repayment Saturday, the government confirmed, as one of the largest ever US municipal debt restructurings beckons.
Source: Reuters
Puerto Rico: No money available to make $58M bond payment

SAN JUAN, Puerto Rico- Puerto Rico's government said Friday it would not make a $58 million bond payment due on the weekend and warned that the general fund will run out of liquidity by November if no action is taken. Alejandro Garcia Padilla warned several weeks ago that the government and state agencies cannot repay the $72 billion in public debt that hangs over...
Source: The Associated Press
UPDATE 1-Ecuador signs $2.5 bln oil supply deal with Thailand

QUITO, July 31- Ecuador's state oil company Petroecuador has signed a crude oil supply agreement with a division of Thailand's state-run PTT under which the Andean country will receive a $2.5 billion up-front payment, according to a statement from the company. Petroecuador International Trade Manager Nilsen Arias confirmed the deal to Ecuador's El...
Source: Reuters
Cramer: Keep one eye on earnings & the other on the big picture  

Mad Money host Jim Cramer looks ahead to market moving events, data and earnings set to take place next week.
Source: CNBC.com
Astronomers gather in Hawaii amid telescope tensions

Some demonstrators on Maui and the Big Island were arrested Friday as scientists from more than 75 countries headed to Hawaii for the meetings. The protests gained momentum in April when workers tried to start construction on the Big Island's Mauna Kea of what would be one of the world's largest telescopes. On the Big Island, seven others were arrested for...
Source: The Associated Press | By: By JENNIFER SINCO KELLEHER, Associated Press
Dollar ends July on sour note on weak US labor cost data

The dollar fell against a basket of currencies on Friday, ending a decent month on a sour note.
Source: Reuters