Democrat Clinton raises $45 million since April U.S. campaign launch

WASHINGTON/NEW YORK (Reuters) – Democratic presidential contender Hillary Clinton has raised more than $45 million since she entered the race in April, aides said on Wednesday, setting a fast pace in what is sure to be the most expensive U.S. political campaign in history.

UPDATE 3-U.S. sues to stop Electrolux acquiring GE’s appliance business

WASHINGTON, July 1 (Reuters) – The United States filed a lawsuit on Wednesday to stop Sweden’s Electrolux AB, which owns the Frigidaire, Kenmore and Tappan brands, from buying General Electric Co’s…

Paypal to buy digital money transfer provider Xoom

July 1 (Reuters) – PayPal Inc, the electronic payments division of eBay Inc, said it would buy digital money transfer provider Xoom Corp for about $890 million in enterprise value.

Republican senators demand liquidation plan for U.S. Ex-Im Bank

WASHINGTON (Reuters) – Seven conservative Republican senators demanded on Wednesday that the U.S. Export-Import Bank disclose plans to begin liquidating its assets after the government trade lender’s charter expired amid congressional inaction.

Amtrak seeks to combine lawsuits over fatal Philadelphia derailment

(Reuters) – Amtrak has asked a U.S. judicial panel to consolidate lawsuits before a single judge in Philadelphia over the May 12 train derailment that killed eight people and injured more than 200.

Total recall: brain process for memory formation revealed

WASHINGTON (Reuters) – With a little help from Clint Eastwood, Jennifer Aniston and Josh Brolin – or at least photos of them – scientists have gained a new understanding of how memories of everyday events are formed in the brain.

IAEA says Iran complies with interim deal but questions remain

VIENNA (Reuters) – Iran has continued to comply with the terms of an interim nuclear deal reached in 2013 with world powers, including reducing its stockpile of low-enriched uranium gas to below the volume it had before that agreement, according to a U.N. report.

Chicago Netflix customers: Your bill is about to go up 9 percent

Starting Wednesday, the city of Chicago’s new “cloud tax” went into effect: it imposes a 9-percent tax on “patrons of amusement,” including those services that are “delivered electronically.”

In short: Netflix users in Chicago will be paying a little extra for their subscriptions pretty soon.

“We will be adding it to the cost we charge subscribers,” Anne Marie Squeo, a Netflix spokeswoman, told Ars in a statement. “Jurisdictions around the world, including the US, are trying to figure out ways to tax online services. This is one approach.”

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