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U.S. markets news

Trump Plaza in Atlantic City to close, adding to city's woes: report
(Reuters) - The Trump Plaza Hotel in Atlantic City could shut its doors in September and lay off 1,000 workers, a local newspaper reported, in what could make it the fourth casino to close this year in the faltering New Jersey resort city.
Trump Plaza in Atlantic City to Close  4Flush.com
AC Casino Worker's Union Head Calls Labor Situation A 'Pending ...  CBS Local
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U.S. Pension Agency Head Resigns
The head of the United States pension agency, that guarantees company pensions for over 40 million Americans, tenders his resignation Friday.
Joshua Gotbaum to Exit as Director of Federal Pension-Plan Agency  Wall Street Journal
Head of US pension agency resigning  MiamiHerald.com
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GLOBAL MARKETS-Stock indexes flat as Portugal fears ease; oil down sharply
(Adds details, updates prices). By Caroline Valetkevitch. NEW YORK, July 11 (Reuters) - Major global equities markets steadied and the yen stabilized against the U.S.
GLOBAL MARKETS-Stock indexes up slightly as Portugal fears ebb; oil down ...  Reuters Africa
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Rising bond yields point to rate rises
Investors' radar screens have long been clear of the one blip guaranteed to sound the alarm in financial markets: interest rate rises by central banks.
Grand Central: Bond Dealers See Fed Rate Hikes Stopping in 2017 at 3.5%  Wall Street Journal (blog)
Fed Considers Ending Stimulus Program  DSNews.com
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Truckers at 2 Calif. ports OK cooling off period
LOS ANGELES (AP) - Truck drivers at the ports of Los Angeles and Long Beach have agreed to a cooling-off period following five days of striking that briefly shut the massive ports.
Striking Los Angeles, Long Beach port truck drivers agree to 'cooling ...  Long Beach Press-Telegram
Los Angeles Port Truckers Are On Strike  Truthdig
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Former CEO of CalPERS pleads guilty to fraud, corruption charge
Federico Buenrostro said he took $200,000 in cash bribes from Alfred Villalobos. (Ramin Talaie / Bloomberg News). Marc Lifsher contact the reporter · Economy, Business and FinanceTrials and ArbitrationJustice SystemFinanceCalifornia Public Employees' ...
Former CalPERS CEO Fred Buenrostro pleads guilty  SFGate
Ex-California pension fund CEO pleads guilty in federal conspiracy case  Reuters
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Amazon asks FAA for permission to test its delivery drones
Amazon is asking the Federal Aviation Administration permission to use drones as part of its plan to deliver packages to customers in 30 minutes or less.
Amazon wants to test delivery drones outdoors  South Bend Tribune
Amazon Seeks FAA Permission for Deliveries via Drones  Uncover California
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AIRSHOW-Britain snubs Russian airshow officials in protest over Ukraine
LONDON, July 12 (Reuters) - Britain has delivered a calculated diplomatic snub to Russia by failing to invite any of its government officials to next week's Farnborough Airshow in protest over Moscow's actions in Ukraine.
Taking to the sky: Airshow ready for take off  Grand Island Independent
World awaits the F-35, one of the world's most ambitious weapons programs  Economic Times
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Crumbs lives to bake another day
The New York-based chain, which has four locations in Massachusetts, filed for Chapter 11 bankruptcy protection as part of a deal that will place the company in the hands of CNBC star Marcus Lemonis and Fischer Enterprises.
Crumbs to be reopened by local investor  WGNtv.com
Crumbs Cupcakes Saved By Reality TV Host  Huffington Post
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Reynolds Moves Closer to Lorillard Takeover as Market Contracts
If the three companies reach an agreement, Lorillard's biggest brand, Newport, would join Camel as the combined company moves to compete with market leader Altria Group Inc. Close.
Reynolds in talks to acquire Lorillard in merger of tobacco rivals  Business Standard
Acquisition talks show Reynolds' taste for menthol  Reuters
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