China Freezes IPOs, Greek Vote Too Close to Call: Saturday Wrap – Bloomberg
BloombergPending IPOs in China were suspended, brokerage firms pledged $19 billion for a market stabilization program and the People’s Daily told people to “have confidence and patience, instead of...
Hawaii: Flight in Solar Plane Breaks Record – New York Times
New York TimesA solar-powered plane, above, landed at a small airport outside Honolulu on Friday after a record-breaking five-day journey across the Pacific Ocean from Japan. The Swiss pilot,...
JetBlue to Cuba, for Those With Good Reasons – New York Times
New York TimesJetBlue said it began direct charter flights between New York and Havana on Friday, the first major American carrier to fly the route after President Obama’s decision...
U.S. jobless claims plunge to lowest in four years – Alton Telegraph
Alton TelegraphWASHINGTON (AP) — The number of people seeking unemployment benefits plunged last week to the lowest level in four years, a hopeful sign for the struggling job market....
Greeks deeply divided heading into crucial vote – Reuters
ReutersATHENS Tens of thousands of Greeks took to the streets on Friday in rival rallies that laid bare the deep divide heading into a referendum that may decide the...
Oil slides in thin trade on rising US rig count – Business Recorder (press release) (blog)
Oil slides in thin trade on rising US rig countBusiness Recorder (press release) (blog)Oil prices dropped on Friday as a rising US rig count stoked more concern about global...
Puerto Rico’s sovereignty status poses debt difficulties – Al Jazeera America
Al Jazeera AmericaPuerto Rico made payments of approximately $2 billion to creditors on Wednesday, staving off imminent default. But the island’s options for facing down its massive debt remain...
An unfruitful jobs recovery rewrites the definition of full employment – Washington Post
Washington PostAt this point in its long recovery, the economy has plenty of jobs and few of the fruits that were expected to come with them. The nation...
BP agrees to pay $18.7-billion settlement in Gulf of Mexico oil spill – Los Angeles Times
Los Angeles TimesFive years after the nation’s worst oil spill scarred fragile shorelines along the Gulf of Mexico and sent economies into a tailspin, the British oil company BP...
UPDATE 1-FTC approves Dollar Tree’s takeover of Family Dollar – Reuters
Reuters(Adds details, background). July 2 (Reuters) – Dollar Tree Inc was given the go-ahead to buy Family Dollar Stores Inc by the Federal Trade Commission on condition that...