Greece proceeds with vote plan as creditors rebuff overture

The Greek government vowed Wednesday to go ahead with plans to have the people decide whether they want more austerity measures in exchange for a rescue deal. Greece offered more concessions to its creditors, but was rebuffed — Eurozone finance ministers refused to negotiate any more aid until the referendum clears up what the country wants.

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BC-Noon Oil

The spot month contract for light sweet crude was $57.42 per barrel at 12 p.m. Thursday on the New York Mercantile Exchange.

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