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U.S. markets news

UPDATE 4-Greece's Tsipras asserts control over party with congress vote
... * Emergency party congress called, seen helping Tsipras. * Hardline Left Platform wants Greece to abandon bailout talks. * Talks with EU, IMF creditors continuing in Athens (Recasts with emergency congress called).
Greece's Syriza Will Hold Emergency Congress in September  Wall Street Journal
IMF won't back Greek deal without reforms  Irish Independent
Financial Times  
China stocks fall at market open
SHANGHAI, July 31 China stocks fell on Friday morning at market open. The CSI300 index fell 1.0 percent to 3,777.15 points at 1:26 GMT, while the Shanghai Composite Index lost 1.4 percent to 3,655.67 points.
China Shares Headed for Worst Month in Over Two Years  Wall Street Journal
China's Stocks Extend Slump in Worst Monthly Decline Since 2009  Bloomberg
SoulCycle files for IPO
SoulCycle, the fitness company with a cult-like following, says "We aspire to inspire." On Thursday, SoulCycle aspired to raise a whole lot of cash.
The Fitness Chain SoulCycle Files for an Initial Public Offering  New York Times
SoulCycle working out IPO deal  New York Post
LinkedIn Gets Boost From Lynda.com Deal
LinkedIn Corp. LNKD -2.09 % 's stock yo-yoed in after-hours trading Thursday as investors realized that it beat growth expectations because of a recent acquisition, not because of a recovery in its core business.
Linkedin Beats Expectations, but Its Shares Fall Anyway  New York Times
LinkedIn beats Wall Street's expectations in the second quarter  San Jose Mercury News
Power restored in Long Beach except for 1000 customers
About 1,000 customers in downtown Long Beach remained without power Thursday evening -- down from 30,000 -- after a vault explosion, authorities said.
Electrical fire knocks out power to thousands in Long Beach  Sacramento Bee
Long Beach power outage: Vault explosion knocks out power to thousands  89.3 KPCC
GDP grew at 2.3% rate in 2nd quarter; 1st-quarter growth revised upward
The economy rebounded in the second quarter after a winter slowdown that was less severe than previously estimated, returning to the modest growth that has marked the slow recovery from the Great Recession.
The Six-Year Slough  Wall Street Journal
Will US economic growth persuade the Fed to raise interest rates? (+video)  Christian Science Monitor
5 cities that will get the cheaper, 'millennial' version of Whole Foods
Stores in Los Angeles's neighborhood of Silver Lake are about to get some competition from Whole Foods. By. SallyFrench. Social media editor.
Police union leader wants Baker out of office  NBC2 News
Whole Foods Market Receives "Buy" Rating from SunTrust (WFM)  Dakota Financial News
Texas businessman finds cellphone that fell from plane
Ben Wilson proudly shows-off his iPhone that survived a 9,300 foot drop from an airplane and landed in a pasture near Joplin, Texas.
US man finds 'still working' phone that fell 9300 ft from plane  The Indian Express
Report Reveals New York City Paid $138 Million in Settlements Related to ...
New York City should do a better job of fixing potholes to reduce the amount of money it pays to settle claims involving injuries and damage they cause, which have cost taxpayers $138 million in the past six years, Comptroller Scott M. Stringer said on ...
Potholes Put a Dent in New York City Budget  Wall Street Journal
Comptroller says NYC should be quicker to fix potholes  Chron.com
T-Mobile Reports Profit Alongside Customer Growth
T-Mobile US Inc. reported a strong profit for the second quarter alongside impressive customer growth, a rare feat in the wireless industry.
Mobile rises on 2Q results and stronger subscriber outlook  Dispatch Times
T-Mobile keeps growing, and CEO John Legere won't stop bragging about it  Fortune