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U.S. markets news

Greece's debt-crisis road is long and winding
Beware of a Greek debt crisis bearing mixed messages. Prime Minister Alexis Tsipras may not be trying to trick his way into Troy with a wooden horse, but as negotiations between Athens and its international creditors - confusing at the best of times ...
Everybody Hates Greece  Bloomberg
Greece debt crisis: Athens, lenders wait for Sunday referendum  CBC.ca
The Economist  
Is Xiaomi running out of steam?
First-half sales fell well short of forecasts, making the company's growth target for the year look unreachable. The world's most valuable start-up company might not stay that way for very much longer.
Xiaomi sales put full-year goal in doubt  Financial Times
Chinese smartphone maker Xiaomi sold 35 million phones this year - but it ...  Business Insider
Faulty breast implant victims forced to repay compensation
British women with leak-prone breast implants could be forced to repay compensation after a French appeals court has ruled the German safety standards body his not liable for the faulty products.
No compensation over PIP implants  Irish Independent
French court: No compensation over faulty breast implants  New Zealand Herald
Whole Foods Apologizes for Overcharging NYC Customers
Whole Foods is apologizing to its customers after an investigation by the Department of Consumer Affairs revealed the grocery chain's New York City stores were overstating the weights of its pre-packaged products and overcharging customers.
Top Whole Foods execs apologize for overcharging customers after Daily News ...  New York Daily News
Whole Foods Admits to Sometimes Overcharging Customers  TIME
UPDATE 1-Electrolux CEO seeks to rescue GE deal after legal blow
... * CEO says DOJ has not understood how competitive industry is. * CEO says still confident GE deal can close by end of 2015. * Electrolux shares drop 11 pct after DOJ files lawsuit (Adds more detail from conference call).
Electrolux Boss Vows to Complete GE Appliance Deal Despite DOJ lawsuit  Wall Street Journal
Electrolux CEO says partial GE Appliances deal doesn't make sense  Economic Times
On-demand startups get more heat over using contractors
Facing intense pressure, a fast-growing category of Silicon Valley companies is slowly changing its tune about the benefits of freelance workers.
After Uber ruling, pressure mounts on companies to reclassify contractors  ITworld
A Silicon Valley Startup Explains Why They're Ditching Freelancers  Breitbart News
U.S. Manufacturing Sector Strengthens In June
The US manufacturing sector expanded in June with ISM manufacturing index showing a reading of 53.5, the highest in five months. Last month reading was 52.8; Current month print is more than what market was expecting.
US Manufacturing Growth Improves and Hiring Gains  New York Times
US manufacturing sector grows in June: ISM  Reuters
How will IoT impact the aging population in Singapore?
Singapore faces the prospect of a shrinking and aging citizen population - compounded by low birth rates, the number of seniors aged over 65 years, will more than double from 430,000 today to over 900,000 in 2030.
Intel reveals why the desktop is still an important part of its business  PCR-online.biz
Building IoT (BIoT)  AutomatedBuildings.com (press release)
ADP Reports 237000 Jobs Added by Businesses in June
The payroll processor ADP said that businesses added 237,000 jobs last month, compared with 203,000 in May. That is the most since December.
Survey: June hiring up 237000  NWAOnline
Survey: Businesses increase hiring in June to 237000  Tulsa World
Grad From Stamford's Westhill High In Line To Become Nike Chairman
Mark Parker, a graduate of Westhill High School in Stamford, could become the new chairman for Nike. Photo Credit: Courtesy of Nike.
Nike co-founder Knight to step down as company chairman  Firstpost
Nike co-founder Knight will step down as chairman  Tulsa World