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U.S. markets news

Will the next British PM have the job from hell?
London (CNN) In case you haven't noticed, Britain is in a bit of a pickle. The British people voted last week to pull out of the European Union, and as a result, they have no clue who's going to lead the country through one of its toughest political ...
Why Brexit will be Angela Merkel's greatest test  Washington Post
A third of voters think Brexit won't happen - poll  BBC News
Indianapolis Star  
Chipotle acts quickly after exec indicted on drug charge
After news broke that an executive was indicted on a drug charge, his employer, Chipotle, quickly put Mark Crumpacker on administrative leave.
Chipotle Executive Put on Leave After Indictment in Drug Bust  Bloomberg
Chipotle executive put on leave after report of drug charges  The Denver Post
US Stocks Edge Up as Government Bond Yields Touch New Lows
Stocks around the globe rose Friday while government bond yields touched record lows on investor expectations that central banks would remain supportive following the U.K.
With Brexit clouding outlook, US payrolls to tilt focus back to Fed  Reuters
Central Banks Save the Day...Again  Equities.com
Hyperloop One Replaces Co-Founder Brogan BamBrogan with Vice President of ...
Hyperloop One Inc. on Friday announced an executive shake-up, replacing one of the startup's founders with its vice president of engineering, as it faces a critical juncture in bringing its high-speed shuttle-transport technology to life.
Hyperloop One co-founder and CTO Brogan BamBrogan steps down  TechCrunch
Hyperloop One co-founder BamBrogan leaves company  USA TODAY
Scandal-ridden Zenefits plummets in value
CEO David Sacks is on a campaign to prove to his investors and employees that Zenefits is cleaning up its act. Zenefits sells software to help companies manage a range of administrative functions like payroll and health insurance.
Zenefits Dodges Investor Lawsuits With $2.5 Billion Valuation Cut  Forbes
Zenefits halves its previous valuation to $2B to head off investor lawsuits  TechCrunch
Why Donald Trump buying $12K of Tebow gear could potentially be an IRS violation
Donald Trump, the presumptive Republican nominee, has many tremendous friends. Tom Brady of the Patriots is a tremendous friend. And maybe Tim Tebow is a tremendous friend too, because The Donald spent, according to the Washington Post, $12,000 ...
Lynch: I Will Accept FBI Recommendations on Hillary Email Probe  Daily Beast
Records: Donald Trump used charity cash for Tim Tebow memorabilia  The Denver Post
US oil drillers add rigs for 4th week in five -Baker Hughes
July 1 U.S. drillers this week added oil rigs for a fourth week in five, according to a closely followed report Friday, in the best month of producers returning to the well pad since August that signaled a near-two year rout in drilling may have ended ...
U.S. Drillers Bring Back Rigs as Oil Market Seen Stabilizing  Bloomberg
US oil ends 1.4 pct higher, at $48.99; posts 28 pct quarterly gain  CNBC (subscription)
Williams names new chair, stands by CEO after board upheaval
Williams Cos Inc's board stood by CEO Alan Armstrong and named a new chairman on Friday after six directors resigned following a failed attempt to unseat him.
Williams Outgoing Directors Air Grievances with CEO  Wall Street Journal
Activist Investors Vow to Continue Fight With Williams  New York Times
US Construction Spending Surprises with 0.8% Slip in May
Back-to-back negative construction spending readings in April and May suggest the second quarter will be weak. Moreover, declines are broadly based with much of the weakness concentrated in public spending.
US construction spending fell again in May  WTOP
WRAPUP 1-US factory activity improves, construction spending slips  Reuters
Buffett Applies to Fed to Build Wells Fargo Stake Beyond 10%
Warren Buffett's Berkshire Hathaway Inc. applied to the Federal Reserve for approval to expand its stake in Wells Fargo & Co.
Berkshire applies to boost Wells Fargo stake above 10 pct  Reuters
Berkshire Hathaway applies to Fed to expand Wells Fargo holding beyond 10 pct  CNBC (subscription)