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U.S. markets news

Greece crisis: Eurozone rules out talks until after referendum
Eurozone finance ministers have ruled out any further talks on a fresh bailout for Greece until the country holds its referendum on Sunday.
Mixed Messages and No Progress in Greek Crisis  New York Times
Morning MoneyBeat Europe: Markets Likely Stuck Until Greece Votes  Wall Street Journal (blog)
Washington Post  
Asia shares subdued by Greek anxiety, dollar stands tall
TOKYO Asian stocks were subdued on Thursday as Greece's refusal to back down in a standoff with its creditors kept most markets on edge, while the dollar got a boost from upbeat U.S.
Asian markets tread water, China opens weak, investors watch Greek standoff  Reuters Canada
Asian shares subdued by Greek anxiety, dollar stands tall  Livemint
Statewide Flex Alert Issued for Tuesday and Wednesday Asks California ...
A Flex Alert has been issued by the agency managing the bulk of California's energy grid, asking residents to reduce their power use Tuesday and Wednesday as temperatures climb.
California ISO Declares Statewide Electricity Flex Alert  KHTS Radio
Saudi Arabia Prince Alwaleed bin Talal to donate his entire $32 billion ...
Inspired by the Gates Foundation, set up by Bill and Melinda Gates in 1997, Saudi Arabia's billionaire Prince Alwaleed bin Talal will donate his entire $32 billion fortune to charity.
Prince Alwaleed of Saudi Arabia pledges his $41b fortune to charity  The Australian Financial Review
Saudi Prince to donate his entire USD 32 billion fortune to charity  Business Standard
China's Xiaomi Sells 34.7 Million Smartphones in First Half
BEIJING—Chinese smartphone maker Xiaomi Corp. showed signs of slowing growth Thursday, as it announced smartphone sales of 34.7 million units in the first half of the year, less than half its full-year target.
Xiaomi's H1 smartphone sales put full-year target in doubt  Financial Express
Xiaomi shifts 34.7 million units in first half  ZDNet
Justice Department investigating whether airlines are colluding to keep fares high
WASHINGTON - The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press.
As Fares Drop, U.S. Surprises Airlines With Probe of Seat Supply  Bloomberg
US probing whether airlines collude to keep airfares high  Times of India
California cities show biggest water use reduction yet in drought
May 18, 2015: Irrigation pipes hang along a dried irrigation canal on a field farmed by Gino Celli near Stockton, Calif. (AP Photo/Rich Pedroncelli, File).
Californians cut water use in May, ahead of mandatory reductions  Reuters
Californians shoot past Gov. Jerry's Brown's water conservation targets  San Jose Mercury News
Amadeus Buys Into Low-Cost Carriers With Navitaire Deal
Amadeus IT Holding SA AMADY -0.47 % on Wednesday said it agreed to pay $830 million for Accenture ACN 1.32 % PLC's Navitaire unit, giving the Spanish travel technology provider a bigger foothold in the low-cost airline market, notably in Asia.
Amadeus to buy Navitaire from Accenture for $830 million  Reuters
Justice halts Electrolux's buy of GE's appliance division
The Justice Department filed a lawsuit Wednesday to stop Sweden's Electrolux, which owns the Frigidaire, Kenmore and. Tappan brands, from buying General Electric's appliance business, the agency said in a statement.
GE's Divestiture Plans Hit Hurdles  Wall Street Journal
US Sues to Block GE Appliance Business Sale to Electrolux  ABC News
PayPal to buy digital money transfer provider Xoom
PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it muscles into a growing international remittance market and expand in countries like Mexico, India and China ahead of a spinoff from eBay Inc. By: Reuters ...
PayPal to Buy Online Money-Transfer Company for $890 Million  Wall Street Journal
PayPal Acquires Xoom for Stake in Digital Money Transfers  New York Times