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U.S. markets news

Mixed Messages and No Progress in Greek Crisis
BRUSSELS - Bewildered Greeks, not to speak of people throughout Europe and the world, could be forgiven for wondering who, if anyone, is in charge.
IMF's Lagarde says Greece must reform before debt relief  Reuters
EU slams the door on talks with Greece before Sunday referendum  Washington Post
Irish Independent  
Feds launch inquiry of possible airline collusion
Two years after approving the latest in a wave of airline mergers that left the nation with four major carriers, the Justice Department said Wednesday that it had begun an inquiry into possible collusion among the airlines.
DoJ launches probe of high airline fares  Financial Times
DOJ subpoenas airlines over keeping ticket prices high  CNN
ADP Reports 237000 Jobs Added by Businesses in June
The payroll processor ADP said that businesses added 237,000 jobs last month, compared with 203,000 in May. That is the most since December.
Bullish US jobs, factory data brighten growth picture  Reuters
Private sector adds more jobs than expected  The Australian
General Mills's Revenue Growth Weaker Than Expected
General Mills said Wednesday that it expects its cost-cutting efforts to save $285 million to $310 million in its new fiscal year.
UPDATE 1-General Mills profit halves due to $260 mln impairment charge  Reuters
General Mills Reports Fourth Quarter And Full Year Fiscal 2015 Results  MarketWatch
Saudi prince Alwaleed bin Talal promises $41 billion fortune to charity
Saudi tycoon Prince Alwaleed bin Talal has promised his entire $US32 billion ($41.8 billion) fortune to charitable projects in coming years in one of the biggest ever such pledges.
Saudi Prince to donate $47 billion to charity, wants to empower women  TVNZ
Billionaire Saudi prince, SU alum Alwaleed bin Talal vows to donate $32 ...  Syracuse.com
Californians cut water use in May, ahead of mandatory reductions
LOS ANGELES California residents, in a boost for efforts to deal with a devastating four-year drought, cut water use by nearly 29 percent in May to score the biggest reduction since the state governor in early 2014 called for voluntary cutbacks ...
California Cities Show Biggest Water Savings yet in Drought  ABC News
California's 29 percent water saving in May sets record  Long Beach Press Telegram
PayPal Acquires Xoom for Stake in Digital Money Transfers
PayPal, the online payments company weeks away from an expected spinoff from eBay, took a leap into the growing digital money transfer business on Wednesday by acquiring Xoom, a big player in the field.
PayPal to Buy Online Money-Transfer Company for $890 Million  Wall Street Journal
PayPal buys money-sending service Xoom  Sky News Australia
GE, Electrolux to fight US antitrust lawsuit
LOUISVILLE, Ky. - The U.S. Department of Justice filed an antitrust lawsuit Wednesday to block Swedish-owned Electrolux 's proposed $3.3 billion purchase of General Electric 's Louisville-based appliance business.
GE's Divestiture Plans Hit Hurdles  Wall Street Journal
Justice halts Electrolux's buy of GE's appliance division  Washington Post
On-demand startups get more heat over using contractors
Facing intense pressure, a fast-growing category of Silicon Valley companies is slowly changing its tune about the benefits of freelance workers.
Shyp Makes Couriers Employees Before It's Too Big to Change  Wired
'Sharing economy' business Shyp changes contractors to employees  Financial Times
JBS to purchase US Cargill pork assets for $1.45 billion
SAO PAULO and CHICAGO JBS SA, the world's largest meat packer, is buying Cargill Inc's U.S. pork business for $1.45 billion, free of debt, it said in a statement on Wednesday, a deal that would make it one of the largest and most powerful meat ...
JBS USA to Buy Cargill Pork Business for $1.45 Billion  ABC News
CompaniesBrazil's JBS shops in US with $1.5bn pork deal  Financial Times