Business Highlights

BRUSSELS (AP) — After grueling, often angry negotiations that tested the limits of European unity, Greece struck a preliminary rescue deal with its creditors Monday that should avert an imminent financial catastrophe but also guarantees years more hardship and sacrifice for its people.

Prime Minister Alexis Tsipras flew home to sell the bailout plan to skeptical lawmakers and political allies, some of whom accused him of selling Greece out.

BEIJING (AP) — Authorities accused securities firms of manipulating stock prices during China's market plunge and launched a crackdown Monday against unlicensed companies that financed speculative trading.

WASHINGTON (AP) — The Treasury Department and other government agencies said Monday they are unable to pinpoint a single reason for a period of extreme volatility that hit the Treasury securities market on Oct. 15 last year.

Treasury, the Federal Reserve and the other agencies issued a joint report saying that a variety of factors, including record trading volumes, may have contributed to the volatility, which was dubbed the "flash crash" in the bond market.

Natural gas overtook coal as the top source of U.S. electric power generation for the first time ever earlier this spring, a milestone that has been in the making for years as the price of gas slides and new regulations make coal more risky for power generators.

About 31 percent of electric power generation in April came from natural gas, and 30 percent from coal, according to a recently released report from the research company SNL Energy, which used data from the U.S. Energy Department.

(AP) — Michigan has terminated a three-year, $145 million contract with Aramark Correctional Services a year after the company hired to feed state prisoners came under scrutiny for unapproved menu substitutions, worker misconduct and other issues, state officials announced Monday.

WASHINGTON (AP) — Following a deadly liste