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U.S. markets news

Stocks stabilize, but end down for the week
NEW YORK - U.S. stocks stabilized and ended with a small gain Friday, but it wasn't enough to prevent the market's biggest weekly drop since April.
Crunch time for companies as investors expect returns
S&P 500 Has Worst Week Since April on Europe, Valuations  Businessweek
Wall Street Journal   Related articles »  
Striking LA, Long Beach port truck drivers agree to cooling off period
United Farm Workers join Teamsters as they picket Green Fleet Systems in Carson on Monday. Truckers picketed several trucking companies and shipping terminals at the ports of Long Beach and Los Angeles, claiming they are treated unfairly and are ...
Truck Driver Strike at Los Angeles Port Called Off for Cool Down Period
Truckers End Los Angeles, Long Beach Port Strike  International Business Times
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CalPERS Ex-CEO Buenrostro Guilty Plea Explains Why Bankers Make So Much ...
The ex-CEO of CalPERS, Fred Buenrostro, has just pleaded guilty to accepting doucers, cash bribes and fees for placing investment business with a specific firm.
Former CalPERS CEO Fred Buenrostro Pleads Guilty To Corruption Conspiracy  Sierra Sun Times
Former CEO of CalPERS pleads guilty to fraud, corruption charge  Los Angeles Times
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Casino workers fear bleak future
A view from the boardwalk of several casinos in Atlantic City, New Jersey. Atlantic City, which once held a lucrative East Coast gambling monopoly, has fallen hard.
Donald Trump on possible closure of Trump Plaza casino: 'I have nothing ...  Daily Digest
A.C. casino closings have employees reeling
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Amazon wants to test delivery drones outdoors
Online retailing giant Amazon wants permission from the Federal Aviation Administration to test speedy delivery drones outside in the Seattle area.
Amazon applies for delivery drone tests  Hindu Business Line
Amazon asks FAA for permission to fly drones  Houston Chronicle
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Charting a path to 'normalization'
BRUSSELS (Reuters) - Investors shift focus this coming week from trouble spots such as Portugal's biggest listed bank to a marathon testimony by the U.S.
Headaches From Portugal to Puerto Rico Disrupt Complacency  Bloomberg
Portuguese PM insists financial system is sound  Taipei Times
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American Airlines Chooses CFM International LEAP-1A Engine In 100 Airbus ...
CFM International's LEAP-1A is put through its paces at GE's outdoor test facility in Peebles, Ohio. CFM International. Share this article.
AIRSHOW-American Airlines picks CFM for $2.6 bln engine deal  Reuters
Engine maker CFM eyes record orders in 2014  TODAYonline
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CYNK soars from 10 cents to $13.90 a share. Feds halt trading.
CYNK is lesson to traders: Avoid penny stock scams. SEC halted trading of CYNK stock Friday to probe possible illegal manipulation.
SEC Suspends Cynk Technology Stock; But Which Way Was The Manipulation ...  Forbes
No revenue, no assets, yet worth US$billions: stock regulators pull plug on ...  South China Morning Post
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Scone-makers delighted as decade-long fad for cupcakes has lost novelty factor
Lauren Coleman-Lochner. Published 13/07/2014|00:00. 0 Comments; Share. HARD TO SWALLOW: Demand for cupcakes is on a downward spiral.
Crumbs lives to bake another day  Boston Business Journal
Crumbs to be reopened by local investor  CLTV
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Workers struggle in playground for NY rich
Estates can sell for more than $100 million in Southampton, N.Y., but 40 percent of children get free or reduced-price school lunches and some doctors and nurses share homes owned by the hospital because they can't afford to buy or rent.
Workers struggle in Hamptons, playground for rich  The Register Star
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