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U.S. markets news

Europe gives Greece 5 days to avoid bankruptcy
ATHENS - An emergency summit of European leaders called to salvage Greece's financial rescue broke up acrimoniously late Tuesday, with officials saying the country now has just five days to avoid bankruptcy.
Greece debt crisis: Eurozone sets deadline for new plan  BBC News
Greece given five-day deadline to avoid bankruptcy  Financial Times
Reuters  
IMF says US Fed should delay interest rate rise until 2016
The International Monetary Fund has warned the US Federal Reserve against raising interest rates this year. A rise risks adding to the growing economic and political threats to US growth, the IMF said in a health check on the world's largest economy.
Kinder, Gentler IMF Austerity Stance Came Too Late to Aid Greece  Bloomberg
US entering steady growth pace: IMF  Livemint
Resist Temptation to Trade on Greek Chaos
Patience will prove a valuable virtue to investors who white-knuckle it through the roller-coaster ride of uncertainty that has characterized Greece's most recent balancing act on the edge of economic collapse.
Greece news live: Five days to avoid Grexit after European leaders openly ...  Telegraph.co.uk
Greeks reject the rule of Europe's gods of austerity  Los Angeles Times
US STOCKS-Wall Street ends stronger after volatile session
... * S&P 500 ends higher after early decline. * U.S. oil prices reverse losses. * China slowdown fears have dragged commodities towards 2015 lows.
Angry Chinese premier takes charge of market fightback  Financial Times
Europe shares drop before Greece summit; China falls again | Reuters  Firstpost
US crude slump cools, market awaits inventory data
NEW YORK U.S. crude oil futures steadied on Tuesday after falling sharply a day earlier on worries about Greece's indebtedness and China's stock market losses, although charts indicated renewed selling could push prices into bear market territory ...
Oil prices swing amid uncertainty in Greece, China  The Globe and Mail
Oil prices mixed amid Greek uncertainty  Sky News Australia
Corzine, others settle MF Global lawsuit for $64.5 mln
NEW YORK, July 7 Jon Corzine and other former executives and directors at MF Global Holdings Ltd have reached a $64.5 million settlement of litigation in which investors sought to hold them responsible for the now-defunct futures brokerage's 2011 ...
Corzine, others settle MF Global lawsuit for $64.5 million  Business Insider
Shake Shack Gets Grilled on Negative Morgan Stanley Note
Shares of Shake Shack (SHAK) tumbled sharply to finish Tuesday's regular trading session in negative territory after the company was downgraded by analysts at Morgan Stanley, making it TheStreet's Move of the Day.
Shake Shack launches first-ever chicken sandwich dubbed the ChickenShack ...  New York Daily News
Chicken can't save Shake Shack stock  Nation's Restaurant News (blog)
Ad of the Day: Coca-Cola's Minimalist Can Promotes a World Without Labels
Coca-Cola has ditched its logo on cans in the Middle East to promote a world without labels. The soda giant has scrapped the iconic cursive letters from select batches of its products, leaving only the white ribbon underline and a message: “Labels are ...
Coca-Cola removes its name from cans for Ramadan  Gant Daily
MMGB: Coca-Cola says avoid 'labels' this Ramadan, drops name from cans  Campaign India
American Apparel couldn't live with Dov Charney—but can it live without him?
Stores aren't the only thing on the American Apparel chopping block. (Andrew Burton/Getty Images). Share. Written by. Marc Bain.
American Apparel Inc (NYSEMKT:APP) Slashes Jobs, Closes Stores in ...  LearnBonds
American Apparel's Sexy Ads Turning Away Customers? Retailer Closing ...  KpopStarz
With U.S. approval, Carnival Corp. is bound for Cuba
Carnival Corp. is steering a course toward Cuba. The world's largest cruise ship company announced Tuesday that it had received approval from the U.S.
US cruise company announces go-ahead to sail to Cuba  BBC News
Carnival sets sail for Havana  The Times (subscription)