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U.S. markets news

Verizon, unions agree to pay raises, new jobs to end strike
An agreement between Verizon Communications Inc (VZ.N) and unions potentially ending a nearly seven-week strike includes 1,400 new jobs and pay raises topping 10 percent, the company and unions representing about 40,000 workers said on Monday.
Striking Verizon workers to return Wednesday; deal inked  Washington Post
Striking Verizon workers score raise and bonuses  CNNMoney
Wall Street Journal  
Viacom Board Member: We'll Fight Attempts to Fire Us
"We feel the responsibility to challenge in court what we honestly believe would be legally flawed removals." Viacom board members sent a letter Monday vowing to fight any attempts to oust them from their positions, setting up the latest legal salvo to ...
Viacom's independent directors vow to fight ouster attempt  Reuters
Viacom directors dig in for control of media giant  KESQ
Disney characters are spotted at rival Chinese theme park
The chairman of China's biggest conglomerate recently predicted that a new $5.5-billion Disney theme park opening in Shanghai next month would fail, citing a lack of innovation with intellectual properties and characters.
Manga Worker Stuffs Cash in Futon to Flee Japan's Negative Rates  Bloomberg
Dalian Wanda: An Offer That Makes Shareholders Want to Move On  Wall Street Journal
Questions About New Saudi Energy Minister Likely to Dominate OPEC Meeting
As the Organization of the Petroleum Exporting Countries prepares to meet this week, representatives say there is little mystery about the outcome of the gathering: Any coordinated action on cuts is unlikely.
Oil prices edge higher in thin trade; OPEC eyed  Reuters
Oil Heads for Longest Run of Gains in 5 Years Before OPEC Meets  Bloomberg
Carnival's Fathom Cruise Brand Delivers on its Promise
I have to confess my skepticism when I decided to cruise aboard Carnival's new cruise line, Fathom, on a “voluntourism” or “social impact” journey to the Dominican Republic.
Fathom Adonia resumes Cuba cruise after electrical outage  7Online WSVN-TV
Cruise resumes voyage to Cuba after electrical outage  Washington Post
SEE IT: Baby elephant freed from Sri Lanka storm drain
As the U.S. reels from the tragic death of Harambe the gorilla at the Cleveland Zoo, news of a baby elephant's rescue halfway around the world has warmed hearts.
Video catches baby elephant rescue in Sri Lanka  CBS News
Baby Elephant Rescued From Open Drain in Sri Lanka  ABC News
Fed, China fears force investors to check out of Asia
SINGAPORE Having dumped Asian shares on resurgent worries about China's economy, the specter of more aggressive U.S. interest rate rises is now forcing global investors to sell the region's bonds and currencies.
Fed Outlook Hits Bonds to Emerging-Market Currencies; Oil Climbs  Bloomberg
Asia may offer food for hawks  Financial Times
Japan factory output, consumer spending weak in April
TOKYO - Japan reports that its factory output fell 3.5 percent in April from the same month a year earlier, while consumer spending also edged lower.
Japan's April factory output up 0.3 pct mth/mth  Reuters
Australia to auction $11.5 million confiscated bitcoins
SYDNEY Around A$16 million ($11.49 million) worth of confiscated bitcoins will be auctioned in Sydney next month, the first such auction outside the United States, as demand for the digital currency surged to its highest in nearly two years.
Ernst & Young Will Auction Over 2500 Bitcoin on June 20  newsBTC
Ernst & Young to auction $11.5M of seized bitcoin in Australia  CoinReport
Asian markets mixed, Shanghai up 0.2%
Japan's benchmark's Nikkei 225 index closed up 1.39 percent, or 233,18 points at 17,068.02, as the yen weakened against the rising dollar and on media reports that a planned hike in the country's consumption would be delayed.
Nikkei at One-Month High After Yellen Comments  Wall Street Journal
REFILE-Nikkei hits 1-month high on weaker yen but volumes dwindle  Reuters