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Business Latest: What Iran wants

As the Obama administration considers cooperation with Iran in Iraq, it needs a clear understanding of Iran’s intentions.
IRAN-SAFRICA-DIPLOMACY
Iranian President Hassan Rouhan at a meeting onJune 15, 2014 in the Iranian capital, Tehran.

WHAT IRAN WANTS: As the Obama administration considers cooperation with Iran in Iraq, it needs a clear understanding of Iran’s intentions. Iran and Iraq are historic rivals. Tehran will only help Iraq if it serves Iran’s core national interests. Read more

HILLARY AND MONEY: The basic argument is that the way Hillary Clinton has talked about her money – she worked hard to get it, pays ordinary tax rates unlike some really rich people and was dead broke 14 years ago – is not going to work and could cause her problems both with a potential primary challenge from the left and in a general election where she gets painted as hypocritical and out of touch. Read more

STATES LURE MANUFACTURERS AND SHORE UP JOBS:  More companies are re-shoring and bringing manufacturing back to the U.S. for a number of factors: rising wages abroad, shipping costs, quality control issues and cheaper domestic energy costs. Read more

STOCKS CLOSE MIXED; S&P CONTINUES QUARTERLY WINS: Read more