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U.S. markets news

Netflix offers new parents 'unlimited' leave
Netflix said Tuesday it will allow new parents up to a year of paid time off, becoming one of the tech industry's most generous major companies in offering parental leave.
Netflix Offers New Parents One Year of Paid Leave  Wall Street Journal
Netflix offers 'unlimited' paid parental leave for a year  CNET
NOLA.com  
Walt Disney Co. earnings: 5 things to know
Walt Disney Co., the world's largest entertainment firm, has turned in another strong fiscal quarter, setting a new record for quarterly profit.
Disney Falls as Revenue Misses, Cable Profit Outlook Darkens  Bloomberg
Disney shares whacked on TV business outlook  CNBC
Puerto Rico investors could try to force payment on bonds -filing
Aug 4 Holders of at least 20 percent of Puerto Rico's Public Finance Corp bonds, on which the U.S. commonwealth defaulted on Monday, would need to consent to suing Puerto Rico in order for the bondholders' trustee to file a lawsuit on their behalf, a ...
Hedge Funds Say Puerto Rico Should Shut Down Schools to Pay Its Debts. Is ...  Slate Magazine (blog)
Rico misses loan repayment, downgrading the payment  The Market Business
Apple Slump Deepens on iPhone, China Concerns
Apple is slumping as the usually high-flying tech stock struggles with the burden of raised expectations. The world's most valuable public company saw its stock price drop for a fifth straight day on Tuesday, falling as much as $5.19, or 4.4 percent ...
Apple Is Slipping in a Universe Where Success Is Relative  Wired
Bull Market Losing Biggest Supporter as Apple Caps 10% Slide  Bloomberg
T-Mobile beats Sprint to become No. 3 wireless carrier
At first, T-Mobile CEO John Legere said the move up in position would come last year. The company's un-carrier marketing campaign helped it make it happen.
Sprint is burning through cash and its biggest shareholder is stepping in to ...  Business Insider
T-Mobile takes the No. 3 US carrier spot from Sprint  TmoNews
Major US airlines end trophy hunter shipments after Cecil outcry
Three US airlines have banned the transport of lion, leopard, elephant, rhino or buffalo killed by trophy hunters, in the latest fallout from the killing of Zimbabwe's Cecil the lion last month.
Air Canada bans shipments of hunting trophies after killing of Cecil the lion  Fox News
More airlines ban shipping of big game trophy kills  Examiner.com
Baxalta rejects Shire's $30 billion unsolicited bid
Shire PLC is determined to get bigger, one way or another. The drug maker, which is based in Dublin and run from Lexington, on Tuesday mounted an unsolicited $30 billion bid for Baxalta Inc., a combination that could rival Biogen Inc. as the state's ...
Shire breaks cover on $30bn takeover bid for drugmaker  Irish Independent
Shire's Offer to Buy Drug Maker Baxalta for $30 Billion Is Rebuffed  New York Times
Australia says initial MH370 debris drift models gave wrong clues
SYDNEY Initial models of where potential debris from a missing Malaysia Airlines passenger jet might first wash up had incorrectly identified Indonesia as the most likely location, the Australian body leading the search said on Wednesday.
Wing debris found in Indian Ocean from MH370? Australia says we'll know ...  Firstpost
Origin of Suspected Flight 370 Part May Be Revealed This Week  Bloomberg
Currency War Strikes Truce in Asia-Pacific as Fed Weighs Liftoff
Central bankers across the Asia Pacific region are laying down arms in the global currency war as they prepare for the Federal Reserve to raise interest rates.
Dollar stands tall after Fed's Lockhart supports September rate hike  Reuters
Australia dollar proves resilient to US dollar strength, NZD not so lucky  Financial Express
Genworth net profit slump 25 per cent
Mortgage Insurance giant Genworth has reported a flat first half underlying profit and reaffirmed its full year guidance. Total net profit slumped 25 per cent to 113 million dollars, due primarily to a decrease in value of its fixed-security ...
Genworth Mortgage Insurance Australia profit falls 25pc in first half  Sydney Morning Herald
Investors upbeat on Genworth outlook  The Australian