 | | Greece is unlikely to meet a deadline today to pay $1.8 billion to the I.M.F. Aris Messinis/Agence France-Presse - Getty Images | Your Tuesday Briefing By ADEEL HASSAN |
| Good morning. |
| Here's what you need to know: |
| • Greek default day? |
| Greece is unlikely to make a deadline of 6 p.m. Eastern today to pay $1.8 billion to the International Monetary Fund, and many analysts say that would be a default, even if the I.M.F. and Greece don't call it that. |
| Standard & Poor's cut Greece's credit rating by one level, saying the probability of the country leaving the eurozone is now 50 percent. |
| And 1,000 bank branches across the country will open for three days to allow retirees without bank cards to make withdrawals of up to $134 for the week. |
| • More overtime pay. |
| The Labor Department unveils an initiative today that would make millions more Americans eligible for overtime pay. Workers making $50,440 or less a year would qualify, up from $23,660. |
| The regulation, which President Obama revealed in an op-ed article in The Huffington Post, would restore the salary threshold to roughly where it stood in 1975 in terms of purchasing power. |
| • Nuclear talks drag on. |
| Today is considered the absolute deadline for a nuclear deal with Iran, but both sides agree that more time is needed. |
| Talks in Vienna will determine whether Secretary of State John Kerry can convince skeptics in Congress, which must approve any agreement for it to take effect. |
| • Texas abortion clinics remain open. |
| The Supreme Court could decide today whether to hear an appeal of a federal court's decision that upheld new restrictions on abortion clinics in Texas. |
| The justices on Monday temporarily blocked Texas from carrying out the new curbs until they decide whether to take the case. |
| • Raising his hand. |
| Gov. Chris Christie of New Jersey returns today to his high school — where he was class president for three years — to announce that he's running for the Republican nomination for president. |
| • At the White House. |
| President Obama hosts Brazil's president, Dilma Rousseff, today, nearly two years after she canceled a state visit when it was revealed that the National Security Agency had spied on her. |
| • Votes on Israeli occupation. |
| American religious groups vote today on resolutions to divest from companies deemed supportive of Israeli occupation in the Palestinian territories, or to boycott products made in Israeli settlements. |
| The Episcopal Church's general convention in Salt Lake City and the Cleveland synod of the United Church of Christ consider resolutions today, while the Mennonites meeting in Kansas City, Mo., vote on Wednesday. |
| • Jet crashes into Indonesian hotel. |
| The death toll is above 35 after an Indonesian military plane crashed into a hotel and houses a few minutes after takeoff today in the northern Sumatra city of Medan. |
| MARKETS |
| • Wall Street stock futures are showing slight gains after Monday's rout over the Greek crisis. |
| But European shares are mostly down again. Asia saw a 6 percent recovery in Chinese indexes. |
| • Cellphone roaming charges that kick in when crossing European borders will be outlawed beginning in 2017. |
| The change, approved today, is part of long-awaited mobile phone and Internet overhauls. |
| • Sony shares plunged 8 percent after the company announced a share sale, its first since 1989, to raise $3.6 billion to finance an increase in production of image sensors used in smartphones. |
| • Two insurance brokers, Willis and Towers Watson, agreed to an $18 billion merger today amid consolidation in the industry. |
| NOTEWORTHY |
| • Clash of titans. |
| The first semifinal of the Women's World Cup is in Montreal today. |
| Germany is the top-ranked team, and the Americans, who are No. 2, are looking to qualify for their second straight final (7 p.m. Eastern, Fox). |
| • Free music. |
| The Apple Music streaming service debuts today with 30 million songs. It will cost $9.99 a month per user, or $14.99 per family, after the three-month free trial period. |
| AC/DC, long one of digital music's biggest holdouts, today joins Apple's service, as well as Spotify and others. |
| • A black pioneer. |
| The Pulitzer Prize-winning journalist Arthur Browne tells the story of Samuel J. Battle, the first black officer in the New York Police Department, in "One Righteous Man," a nonfiction book out today. |
| • Blink and you'll miss it. |
| Scientists add a second — a leap second — to the atomic clock today after 11:59 p.m. and before midnight U.T.C. This has happened 25 times since 1972 and is done to account for the slowing rotation of the Earth. |
| Last time, in 2012, a few large-scale computer networks encountered glitches because of the 61-second minute. U.S. stock markets are ending some after-hours trading early, just in case. |
| BACK STORY |
| If this week's Independence Day celebration in the U.S. finds you wanting to sing "The Star-Spangled Banner," then you may be interested in an online auction starting today. |
| The New York auction house Guernsey's is selling a collection of 2,000 World War I-era posters, about half of which are American. Price estimates range from $200 to $5,000 each. |
| They belonged to Edward H. McCrahon, a Brooklyn-born U.S. Army colonel who served in World War I. He first became interested in war poster art when he joined the French Army before the U.S. entered the war. |
| The sale includes James Montgomery Flagg's famous recruitment poster, with a finger-pointing Uncle Sam above the words "I Want You for U.S. Army." |
| It first appeared as a magazine cover promoting World War I mobilization and celebrating Independence Day 99 years ago. It helped make conscription a success under the Selective Service Act of 1917. |
| More than four million copies of the posters were printed during the two world wars, making that likeness of Uncle Sam immortal. |
| So who was the model? It was Mr. Flagg himself. You could call it one of the most famous selfies in American history. |
| Victoria Shannon contributed reporting. |
| Your Morning Briefing is published weekdays at 6 a.m. Eastern and updated on the web all morning. |
| What would you like to see here? Contact us at briefing@nytimes.com. |
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