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U.S. markets news

That Boss Who Set Minimum $70000 Salaries for All Employees? Here's How That's ...
That Boss Who Set Minimum $70,000 Salaries for All Employees? Here's How That's Working Out So Far. Aug. 1, 2015 10:19pm Dave Urbanski.
Big pay rises backfire on boss
CEO who set firm's minimum wage at $70000 hits hard times
Morning Ticker  
Central Bank to cap Credit Union savings at €100000
A savings limit of €100,000 per customer will be imposed on credit unions under regulations due to come into force in January. Ads by Google.
Pot industry's bank bid rejected by federal regulators  Denton Record Chronicle
Pot industry hits another roadblock in Colorado, credit union sues banking ...  The Hoops News
Is U.S. employment screeching to a halt?
In a worrying sign for the U.S. economy, U.S. labor costs recorded their smallest increase in the last 33 years in the second quarter thanks to bad gains in the private sector.
Employment costs in US post smallest gain on record  Junior College
U.S. employment costs post smallest increase on record  Business Insider
Verizon workers in US East could strike on Sunday: media
Thousands of Verizon Communications Inc workers on the U.S. East Coast were poised to strike on Sunday after the company failed to reach agreement with unions as contract negotiations went to the wire, U.S.
Verizon strike possible as talks continue  Asbury Park Press
Uber reaches $50 billion value thanks (in part) to Microsoft
Uber is getting richer and richer. It's now valued at $51 billion after raising another $1 billion in funding, and it got to this stage two years faster than Facebook did.
New deal: Uber valuation tops $50b with latest funding, says report  The Express Tribune
Uber valuation jumps to $51 Billion after latest funding round  Pulse Headlines
Yahoo buys shopping site Polyvore
Case in point: The tech giant announced Friday it will acquire Polyvore, the fashion-discovery site founded in 2007 by three former Yahoo engineers that lets users browse and buy clothes, accessories and beauty products.
The interesting story of how Marissa Mayer influenced the CEO of the company ...  Business Insider
Yahoo buys social shopping site Polyvore  CTV News
Mt. Gox CEO Karpeles arrested by Japanese police
The CEO of failed Bitcoin exchange Mt.Gox was arrested in Japan early Saturday by police, according to several media reports. Mark Karpeles faces charges related to the loss of 650,000 bitcoins worth hundreds of millions of U.S.
Bankrupt Bitcoin Kingpin Mark Karpeles Arrested in Tokyo  Gawker
Former Mt Gox chief Mark Karpel´┐Żs arrested in Japan  Financial Times
Puerto Rico to miss payment, default looms
Staggered by a $72 billion debt load, Puerto Rico is expected to miss a debt payment due Saturday, setting the stage for what could be one of the largest U.S.
Puerto Rico to miss debt payment, signalling default  CNBC
2 airliners fly within 100 feet of drone above New York
(CNN) Two airplanes flying near one of the nation's busiest airports each came within 100 feet of a drone on Friday, according to audio from each flight's radio calls.
Homeland Security warns police agencies of possible drone attacks after ...  New York Daily News
Department Of Homeland Security Issues Warning After 2 Drone Sightings Near JFK  CBS Local
Oil posts worst decline in 2015 as rig count rise
Crude-oil futures closed lower Friday, with West Texas Intermediate crude for September delivery CLU5, -3.61% giving up $1.40, or roughly 2.9%, to settle at $47.12 a barrel.
US crude oil production in May fell most since July 2011  Business Recorder (press release) (blog)
Oil prices fall; metals steady  The Nation