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U.S., Turkey Aim to Rein in Kurds

The U.S. and Turkey have reached an understanding meant to assure the Ankara government that plans to drive Islamic State militants from a safe zone in northern Syria won’t clear the way for Kurdish fighters to move in.

London Trader Hayes Sentenced to 14 Years

Former bank trader Tom Hayes was sentenced to 14 years in jail on Monday after a London jury convicted him of fraudulently trying to rig the London interbank offered rate, or Libor. 81

Missing Jet Probe Enters New Phase

The hunt for Malaysia Airlines Flight 370 reflects the inherent complexities of a global air-accident investigation, compounded by a French criminal probe operating entirely independently of the international effort.

Puerto Rico Defaults on Most of Debt Payment

Puerto Rico missed most of a $58 million bond payment Monday, the first default by the U.S. commonwealth in what may become one of the largest restructurings in the history of the $3.7 trillion market for debt sold by U.S. state and local governments. 81

Pimco Gets Warning From SEC on Fund

Pacific Investment Management disclosed that it received a Wells Notice from the staff of the SEC concerning the Pimco Total Return ETF.

Greek Stocks Fall 16% on First Day Back

The benchmark Athex Composite fell sharply after a five-week hiatus, showing that investors are still concerned about Greece despite recent progress in bailout negotiations.

HSBC to Sell Brazil Business

HSBC said it plans to sell its Brazil business to Banco Bradesco in an all-cash deal worth $5.2 billion as it reported a fall in its second-quarter net profit.

Apple and Google Aim to Know What You Want Before You Do

Apple and Google are developing technology for smartphones that will study users’ activities and deliver information before they ask for it. The companies hope new features will keep users loyal and lock them into related services that make money.

Middle East Refinery-Expansion Plans Hit Snags

Middle Eastern countries are experiencing setbacks in plans to expand their oil-refining capacity, dealing a blow to efforts to address an expensive irony: petroleum-rich nations importing products such as gasoline.

U.S. Firms Struggle to Trace ‘Conflict Minerals’

Hundreds of U.S. public companies are coming up short as they face a deadline to reveal whether their supply chains contain even trace amounts of minerals linked to violence in Africa.

Four U.S. Airlines Object to Complaints Against Persian Gulf Airlines

A long-running attempt by the three largest U.S. passenger airlines to persuade the government to limit access to U.S. air routes by three big Persian Gulf airlines received more pushback.

Obama Unveils Rule to Cut Carbon Emissions From Power Plants

President Obama’s aggressive plan to cut carbon emissions from U.S. power plants launched what will be a monthslong push that the administration hopes culminates in a global climate accord this year. 562

Gulf Arab States Voice Support for Iran Nuclear Deal

Gulf Arab states on Monday publicly backed the Obama administration’s nuclear agreement with Iran, giving the White House a potentially important diplomatic win. 257

Taliban Leadership Rift Seeps Down to Fighters

A power struggle has emerged within Afghanistan’s Taliban following the death of their supreme commander, causing confusion among foot soldiers and sowing fears that some might defect to Islamic State.

Handling of Allegation Against Ex-Premier Heath Probed

Britain’s police watchdog said it would investigate whether police failed to pursue an allegation of child sexual abuse against the late Prime Minister Edward Heath in the 1990s.

Oil-and-Gas Debt Deals Sting Investors

It is shaping up as a cruel summer for debt investors wagering on a rebound in the oil-and-gas business.

Exor, PartnerRe Settle on $6.9 Billion Deal

Italy’s Exor reached a $6.9 billion agreement to buy reinsurance group PartnerRe, ending months of negotiations and sealing a deal that is key to long-term plans by Italy’s Agnelli family to diversify their holdings.

Hong Kong Fines BNP Paribas for Leaving Investors in the Dark

Hong Kong’s securities regulator fined a unit of BNP Paribas SA for misconduct related to its dark pool operations.

Sprint Needs to Speed Up to Outrun T-Mobile

Ahead of the Tape: Sprint may have good news and bad news Tuesday: subscriber numbers should stabilize but it still is in danger of losing its No. 3 market-share spot.

AIG Raises Dividend as Operating Profit Rises

American International Group boosted its common-stock dividend by 124% and raised its share-repurchase target by $5 billion as the insurer posted a 5.4% increase in second-quarter operating profit.

An Advocacy Group for Discussing Mental Health at Work

Stability Network professionals share how they overcame depression, schizophrenia or bipolar disorder and maintained their professional lives.

Blood Clot Prevention Is Higher Priority at Hospitals

Doctors and nurses are developing new systems to check patients’ risks for getting potentially lethal blood clots and ensure they get the information and medication they need.

After Meditation, Self-Critical People Ease Up

Lovingkindness meditation, a technique rooted in Buddhism, helped self-critical people be kinder to themselves.

Masters of the Swimming Pool

Training is more important than the race at U.S. Masters Swimming, where members hit the pool three or four times a week for demanding workouts but only 25% ever compete in a race.

Video

Tom Hayes Sentenced to 14 Years for Libor Rigging

1:29

IOC Says 'Zero Tolerance' if Athletes Found Guilty of Doping

2:08

Northern California Wildfires Prompt Evacuations

0:46

Adventure & Travel

An African Safari in a Canoe?

Why tour Botswana in a 4x4 when paddling a canoe or kayak can get you nose to nose with nature. One writer lives to tell the tale.

Culture

George Takei’s Road From ‘Star Trek’ to Broadway

Turns out, the social-media supernova hasn’t just been posting about tolerance, celebs and Grumpy Cat for fun. Coached by a tech guru, he has been strategically growing a fan base for ‘Allegiance,’ a musical about Japanese internment.