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a fistful of dollars
July 28, 2014
Joe Raedle/Getty Images

Dollar Tree is buying Family Dollar in a deal estimated at $8.5 billion, The Associated Press reports.

The AP reports that after the deal, Dollar Tree will have more than 13,000 stores across the United States. The two companies are among the biggest discount chains in the country.

The deal, approved by the companies' boards of directors, will give Family Dollar $74.50 per share. Dollar Tree will pay $59.60 per share in cash, and the rest will be in shares.

"This is a transformational opportunity," Bob Sasser, Dollar Tree's Chief Executive Officer, said in a statement. "This acquisition will extend our reach to lower-income customers and strengthen and diversify our store footprint."

Dollar Tree expects that the deal will be closed by early 2015. Meghan DeMaria

This just in
2:20 a.m. ET
Carsten Koall/Getty Images

The finance minister of Greece, Yanis Varoufakis, announced on his website that he has resigned from his post, one day after 61 percent of voters backed his "no" campaign, rejecting the bailout terms set by creditors.

"Like all struggles for democratic rights, so too this historic rejection of the Eurogroup’s 25th June ultimatum comes with a large price tag attached," he wrote in a blog entry posted early Monday. "It is, therefore, essential that the great capital bestowed upon our government by the splendid NO vote be invested immediately into a YES to a proper resolution — to an agreement that involves debt restructuring, less austerity, redistribution in favour of the needy, and real reforms." 

Varoufakis said that the reason why he was leaving his position was due to a "certain preference by some Eurogroup participants, and assorted 'partners,' for my ... 'absence' from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement." He added, "I consider it my duty to help Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday’s referendum. And I shall wear the creditors’ loathing with pride." Catherine Garcia

Boko Haram
1:49 a.m. ET

A suicide bomber killed at least five people at a church in Nigeria Sunday, the latest in a string of attacks carried out over the past week by Boko Haram.

The worshippers were killed as they entered the Redeemed Christian Church of God in Potiskum, the BBC reports. More than 200 people have been killed since Tuesday, including more than 97 people gunned down in the village of Kukawa on Wednesday and 48 men shot after prayers in two villages near the town of Monguno. On Thursday, two female suicide bombers killed several people as they attacked a village in Borno state.

Since Boko Haram first started launching attacks in 2009, at least 17,000 people, primarily civilians, have been killed. Catherine Garcia

John Oliver dives shallow
1:15 a.m. ET

Due to the 4th of July holiday, there wasn't a new Last Week Tonight Sunday, but host John Oliver was nice enough to give his fans a little something to tide them over until July 12. In a web only clip, Oliver did the opposite of what he normally does — instead of covering one topic over 15 minutes in a deep dive, he looked at 15 topics in one minute for a series of shallow dives. He touched on everything from banjoes ("they're just guitars whose parents are cousins") to bagels ("donuts that gave up on their dreams"), and hinted that next week, it's very likely he'll be back to business, taking on the TPP. Watch the clip below (warning: there's a bit of strong language and some risqué images). Catherine Garcia

recalls
12:28 a.m. ET
Facebook.com/StellaAndChewys

After Listeria was found in a sample of chicken freeze-dried patties, pet food maker Stella & Chewy's voluntarily recalled several products for dogs and cats.

The company has a full list of recalled dinners and treats on its website. "The health and safety of our customers and their pets is always of the utmost importance to us," Stella & Chewy's said on Facebook. "We are accountable for everything we make and highly committed to the quality and integrity of our products. We are working with the FDA to further investigate and quickly address the situation."

Listeria causes flu-like symptoms in healthy people, including headache and nausea, and can be deadly for children and the elderly. Stella & Chewy's says that there have been no reports of illnesses in people or animals. Consumers who have pet food that is part of the recall should throw it away or return the item to where they purchased it for a full refund. Catherine Garcia

This is terrible
July 5, 2015

At least 13 people were killed and more than 30 injured Saturday when a shoe factory collapsed in eastern China, state media reports.

The building was in the Zhejiang province city of Wenling, The Associated Press reports. Nine people were able to escape, and one person is still missing. The Wenling city government said that rescuers pulled 42 people out of the rubble, with nine later dying at the hospital. Four bodies were removed from the debris on Sunday. Catherine Garcia

you go girl
July 5, 2015

For Carli Lloyd of Team USA, the Women's World Cup final game was one for the record books. After scoring in the third, fifth, and 16th minutes of play, Lloyd (#10) became the first player in history to score a hat trick in a Women's World Cup final. Her goal in the third minute was the fastest ever scored in a final, and she also became the first American to score in four straight World Cup games. "I'm so proud and so zapped at the same time," she told CNN. "It doesn't feel real. We just made history." The U.S. defeated Japan 5-2, earning their first Women's World Cup title since 1999. Check out photos of Team USA celebrating their big victory below. Catherine Garcia

RIP
July 5, 2015
Andrew H. Walker/Getty Images

Burt Shavitz, the co-founder of Burt's Bees whose face appeared on the company's packaging, has died. He was 80.

"We remember him as a bearded, free-spirited Maine man, a beekeeper, a wisecracker, a lover of golden retrievers and his land," the company said on its Facebook page. "Above all, he taught us to never lose sight of our relationship with nature." Shavitz co-founded Burt's Bees in 1984 with Roxanne Quimby, an art school graduate he met while hitchhiking. Quimby used his beeswax to make candles that she sold at fairs, and during their first year in business, the company earned $20,000, NBC News reports. Their most famous product, lip balm, was introduced in 1991.

The cause of Shavitz's death has not been announced. Catherine Garcia

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