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U.S. markets news

Greece says it won't pay IMF loan by deadline
Greek Finance Minister Yanis Varoufakis said Tuesday that his country would not make a debt payment to the International Monetary Fund by a midnight deadline, setting the stage for a showdown with its creditors ahead of an effective national referendum ...
Greek finance chief: Still room to ease default crisis even with nation on brink  Washington Post
Greek official says "initiatives" underway on last-minute deal  Reuters
New York Times  
US STOCKS SNAPSHOT-Wall St opens higher on Greek deal hopes
June 30 U.S. stocks opened higher on Tuesday on hopes of a last-minute deal to avoid Greece's exit from the euro zone. The Dow Jones industrial average rose 83.46 points, or 0.47 percent, to 17,679.81, the S&P 500 gained 12.25 points, or 0.6 percent, ...
How the Dow Jones Industrial Average Fared on Monday  New York Times
Minnesota leaders concerned about losing Export-Import Bank
ST. PAUL, Minn. (AP) - Business leaders and legislators say closing the 81-year-old Export-Import Bank will hurt Minnesota companies.
The expiration of the Export-Import Bank, explained for those who don't ...  Washington Post (blog)
US Export Bank Might Be Revived in Senate  Silk Road Reporters
US home values rose 4.9 pct. in April from year ago; huge gains in Denver and ...
WASHINGTON - U.S. home prices increased at a solid clip in April, led by double-digit jumps in Denver and San Francisco. The Standard & Poor's/Case-Shiller 20-city home price index rose 4.9 percent in April from 12 months earlier, roughly the same ...
Home prices rise in LA and OC, Case-Shiller says  Los Angeles Times
Home Prices in 20 U.S. Cities Grew at Slower Pace in April  Bloomberg
Stock Gains in China Help to Calm Investors
SHANGHAI - Chinese stock markets staged a powerful rally late Tuesday, sending share prices sharply higher in a volatile day of trading.
Economist: Why cracks in China are more worrying for NZ than Greek nightmare  New Zealand Herald
Emerging Stocks Gain Led by China as Currencies Trim June Drop  Bloomberg
Amid Puerto Rico debt woes, reality hits San Juan streets
The signs of a struggling economy can be seen in the shuttered restaurants and bars in previously thriving Old San Juan. In the faces of business owners who spend much of their day trying to coax customers through the doors.
S&P cuts Puerto Rico rating, says default seems inevitable  Reuters
How ordinary bond investors would be hurt by a default in Puerto Rico  Washington Post
UPDATE 1-Cisco to buy OpenDNS for $635 mln to boost security business
(Adds detail). June 30 (Reuters) - Cisco Systems Inc said on Tuesday it would buy OpenDNS, a privately held cloud-based security company, for $635 million in cash and equity awards to beef up its security business.
Cisco to Buy Network Security Company OpenDNS  Wall Street Journal
Cisco to buy OpenDNS for $635 million to boost security business  Economic Times
Sysco Ends its Merger Deal with US Foods, Shares Fall
Shares of Sysco Corp (SYY - Analyst Report) declined 2% on Monday after it terminated its merger agreement with US Foods. This came after a U.S.
Sysco Corporation (NYSE:SYY) disappointed by the merger injunction with US ...  Benchmark Reporter
Sysco Corp [NYSE:SYY] abandons US Foods deal after court ruling  State Column
Chipotle No. 2 in consumer satisfaction, says new report
Chipotle Mexican Grill is the nation's second-most beloved limited-service restaurant chain, according to a new report. The American Customer Satisfaction Index was released Tuesday, and Denver-based Chipotle (NYSE: CMG) was ranked for the first time, ...
America's favorite fast food chain is...  Local 10 says Toyota Camry the 'most American' car
FILE - In this Nov. 20, 2014 file photo, the 2015 Toyota Camry is on display at the Los Angeles Auto Show in Los Angeles. Toyota is building two new auto plants, one in Mexico and the other in China, ending a three-year hiatus from such ambitions that ...
Toyota Camry has more parts made in America than Ford 150  Local 10 ranks 'Most American' cars in annual American-made index  WATE 6 On Your Side