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U.S. markets news

College debt, no degree means world of financial hurt
Getting a college degree - and a job after graduating - is well worth juggling some college debt for many people. But you're guaranteed to end up with nothing but regrets if you've got debt but no degree.
Obama administration has forgiven $171 million owed by former Corinthian ...  Los Angeles Times
Education Department Forgives $171 Million in Debt Owed by Former Corinthian ...  Wall Street Journal
The Week Magazine  
Contract for United Airlines flight attendants would truly unite them
NEW YORK - United Airlines and leaders of its flight attendants' union have agreed to a new labor contract that will unify the cabin crews for the first time since United's merger with Continental Airlines more than five years ago.
United flight attendants move closer to unity under one contract  USA TODAY
United Airlines flight-attendant top pay to rise as much as 31 percent  Chicago Tribune
U.S. Banks Beat Fed's Test as Deutsche Bank, Santander Fail Anew
Federal Reserve officials cleared dozens of U.S. banks to boost shareholder payouts after conducting annual stress tests that proved too rigorous, again, for subsidiaries of Deutsche Bank AG and Banco Santander SA.
Most banks get Fed clearance to lift dividends and increase stock buybacks  MarketWatch
Why Two of Europe's Biggest Banks Can't Pass the Stress Test  American Banker
Asian stocks rise as post-Brexit rebound continues, yen held in check
TOKYO Asia stocks rose on Thursday, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen was held in check as global markets regained a semblance of calm after the Brexit shock.
Government Bonds Are Year's Big Winners  Wall Street Journal
Asian shares mostly up as markets get over Brexit shock  Washington Post
CIBC to Buy PrivateBancorp in $3.8 Billion Deal
Canadian Imperial Bank of Commerce, CM -2.19 % in the latest move by a big Canadian bank to bet on the U.S. market for growth, agreed Wednesday to acquire Chicago-based lender PrivateBancorp Inc. PVTB 23.27 % for about $3.8 billion in cash and ...
Canada's CIBC to pay $3.8 billion for PrivateBancorp, expand in US  Reuters
CIBC to Acquire PrivateBancorp, Inc.  PR Newswire (press release)
Amazon Sets A Date for Annual Prime Day Shopping Blitz
The e-commerce giant's summer Black Friday will include more than 100,000 discounts. COULD USE SOME TICKERS. ALSO DATA SHEET SPEED BUMP.
This year Amazon's Prime Day is July 12  USA TODAY
Amazon 'Prime Day' sales gimmick is back this July  Washington Post
Diamond Resorts to Be Bought by Apollo in $2.2 Billion Deal
Diamond Resorts International Inc., an operator of timeshare properties, said it agreed to be acquired by affiliates of Apollo Global Management LLC for about $2.2 billion.
Apollo Global to buy Diamond Resorts for $2.2 billion  Reuters
Apollo Global Makes Tender Offer for Diamond Resorts  24/7 Wall St.
Sumner Redstone's illegible signature looms over Viacom drama
Sumner Redstone will almost certainly not be in a Massachusetts courtroom on Thursday when his attorneys and those representing Viacom convene for a hearing that may shape the future of his media empire.
Redstone Tells Court: There's No Need To Examine His Competence  Deadline
Redstone's firm accuses Viacom of 'vicious attacks,' urges ...  L.A. Biz
Lesedi La Rona Diamond: 2nd-Largest Ever Mined
The Lesedi La Rona diamond is the second-largest diamond discovered in over a century. But it failed to sparkle enough interest from bidders at a June 28 Sotheby's auction in London.
A Real Rock of a Diamond Fails to Sell at Auction  New York Times
World's Second-Largest Diamond Fails to Sell at Auction  NBCNews.com
Record-breaking travel numbers expected for holiday weekend
The AAA predicts 1 million Hoosiers will take to the roads over the Fourth of July holiday weekend on the state's highways. On Wednesday, a road resurfacing project on U.S.
A July 4 Terror Threat Could Change Security In This Way  Bustle
Holiday travel calls for increased law enforcement on roads  Asheville Citizen-Times