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U.S. markets news

That Boss Who Set Minimum $70000 Salaries for All Employees? Here's How That's ...
That Boss Who Set Minimum $70,000 Salaries for All Employees? Here's How That's Working Out So Far. Aug. 1, 2015 10:19pm Dave Urbanski.
Generous pay rises backfire on boss  NEWS.com.au
CEO who set firm's minimum wage at $70000 hits hard times  Telegraph.co.uk
Morning Ticker  
Central Bank to cap Credit Union savings at €100000
A savings limit of €100,000 per customer will be imposed on credit unions under regulations due to come into force in January. Ads by Google.
Pot industry's bank bid rejected by federal regulators  Denton Record Chronicle
Pot industry hits another roadblock in Colorado, credit union sues banking ...  The Hoops News
Is U.S. employment screeching to a halt?
In a worrying sign for the U.S. economy, U.S. labor costs recorded their smallest increase in the last 33 years in the second quarter thanks to bad gains in the private sector.
Employment costs in US post smallest gain on record  Junior College
U.S. employment costs post smallest increase on record  Business Insider
Verizon strike possible as contract deadline looms
Verizon workers in nine states could walk off the job as soon as early Sunday if union negotiators don't reach an agreement over benefits with the wireless carrier.
Verizon workers in US East could strike on Sunday: media  Reuters
Verizon strike possible as talks continue  Asbury Park Press
Uber valuation jumps to $51 Billion after latest funding round
New York - Uber Technologies Inc, the 5 year old ride sharing company boost its valuation to nearly $51 billion - more than four times the value of rental car companies Hertz and Avis combined- after closing a new funding round, also including ...
New deal: Uber valuation tops $50b with latest funding, says report  The Express Tribune
Uber valued at about $70 billion after latest funding round  Dispatch Times
Yahoo buys shopping site Polyvore
Case in point: The tech giant announced Friday it will acquire Polyvore, the fashion-discovery site founded in 2007 by three former Yahoo engineers that lets users browse and buy clothes, accessories and beauty products.
The interesting story of how Marissa Mayer influenced the CEO of the company ...  Business Insider
Yahoo buys social shopping site Polyvore  CTV News
Mt. Gox head busted in Japan
The head of the failed Japan-based bitcoin exchange Mt. Gox was arrested in Tokyo on Saturday on suspicion of inflating his cash account by $1 million, authorities said.
Mt. Gox CEO Karpeles arrested by Japanese police  PCWorld
Bankrupt Bitcoin Kingpin Mark Karpeles Arrested in Tokyo  Gawker
Puerto Rico to miss payment, default looms
Staggered by a $72 billion debt load, Puerto Rico is expected to miss a debt payment due Saturday, setting the stage for what could be one of the largest U.S.
Puerto Rico to miss debt payment, signalling default  CNBC
2 airliners fly within 100 feet of drone above New York
(CNN) Two airplanes flying near one of the nation's busiest airports each came within 100 feet of a drone on Friday, according to audio from each flight's radio calls.
Homeland Security warns police agencies of possible drone attacks after ...  New York Daily News
Department Of Homeland Security Issues Warning After 2 Drone Sightings Near JFK  CBS Local
Oil posts worst decline in 2015 as rig count rise
Crude-oil futures closed lower Friday, with West Texas Intermediate crude for September delivery CLU5, -3.61% giving up $1.40, or roughly 2.9%, to settle at $47.12 a barrel.
Oil prices fall; metals steady  Business Recorder (press release) (blog)
Oil heads for biggest monthly drop since 2008 amid global glut  Livemint