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U.S. markets news

Greek PM to make public address - official
ATHENS Greek Prime Minister Alexis Tsipras is to make a public address shortly, a government official said on Wednesday, amid frantic efforts to salvage a bailout deal with international creditors.
European Commission Official Leaves Door Open for More Talks  New York Times
Kathy Sheridan: How would we have weathered the Greek medicine?  Irish Times
US private sector adds 237000 jobs in June: ADP
NEW YORK U.S. private employers added 237,000 jobs in June, the biggest gain since December, suggesting further improvement in the jobs market which may allow the Federal Reserve to raise interest rates later this year, a report by a payrolls processor ...
Private Sector Adds 237000 Jobs in June  Wall Street Journal
Survey: US Businesses Step up Hiring in June to 237000  ABC News
ACE to acquire Chubb in $28.3 billion deal
NEW YORK—It's an insurance blockbuster: ACE Ltd. (ACE) said Wednesday that it was acquiring Chubb (CB) in a combined cash and stock deal valued at $28.3 billion based on yesterday's closing stock price.
Ace Buying Chubb in Cash-And-Stock Deal Valued at $28.3B  New York Times
ACE Agrees to Buy Chubb for $28.3 Billion  Wall Street Journal
Fed's Brainard says Fed examining possible drop in market liquidity
WASHINGTON The U.S. Federal Reserve has launched a study to see if U.S. Treasury markets are being hampered by a lack of liquidity, an issue some investors and others have cited as a potential risk to financial stability, Fed board member Lael Brainard ...
Fed's Brainard Sees Little Evidence of Strains in Market Liquidity  Wall Street Journal (blog)
Fed's Brainard: Looking at bond market liquidity  CNBC
Fiat Chrysler Sales Jump in June
Fiat Chrysler Automobiles FCAU 0.00 % NV said Wednesday that its U.S. auto sales rose 8.2% in June, as strong sales of Jeep and Chrysler vehicles helped propel the auto maker to its best June sales since 2006.
Jeep Sales Drive Fiat Chrysler's 8 Pct. June US Sales Jump  ABC News
Fiat Chrysler sales surge as auto industry flourishes  USA TODAY
Somebody Is Cutting Internet Cables, Causing Massive Outages
The FBI is investigating a mysterious string of attacks on fiber optic cables in the San Francisco Bay area, including one that severely disrupted Internet service at numerous businesses and residential buildings Tuesday morning.
California Internet Cables Slashed: 11 Mysterious Outages Knock Parts Of Bay ...  International Business Times
FBI investigating attacks on San Francisco-area Internet cables
Toyota's top female executive steps down after arrest in Japan
Toyota Motor Corp said on Wednesday that Julie Hamp, its first female managing officer, had resigned following her arrest last month on suspicion of illegally importing the painkiller oxycodone into Japan.
Toyota's First Female Executive Resigns After 90 Days  Bloomberg
Jailed American Executive Resigns From Toyota  New York Times
US mortgage applications fall in latest week-MBA
NEW YORK, July 1 Applications for U.S. home mortgages fell last week as interest rates rose to their highest level since October 2014, an industry group said on Wednesday. Weekly Mortgage Rates Radar: Fixed Mortgage Rates Firm Again  CNNMoney
Applications for mortgages continue to bounce around  ConsumerAffairs
General Mills profits are up, but sales are flat
The fourth quarter capped a fiscal year in which General Mills - like packaged food makers generally - slogged through with a mediocre U.S.
General Mills's Revenue Growth Weaker Than Expected  Fox Business
General Mills' sales hit by shoppers' turn against cereal
Apple conspired to fix ebook prices: US court
NEW YORK: Apple violated antitrust laws by colluding with publishers to raise electronic book prices when it entered a market in 2010 that had been dominated by Amazon.
Appeals court: Yes, Apple e-books actions violated antitrust law  Retail Dive
US court agrees Apple Inc violated antitrust law in e-book entry  Rapid News Network