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U.S. markets news

The Latest: As focus turns to Greek referendum, European markets open steadily
FILE - In this Feb. 3, 2015, file photo, a Greek flag flies outside the Athens Stock Exchange. In 2012, financial markets were rattled by the possibility Greece would elect a left-wing government, default on their debts and drop the euro currency.
Greece in limbo: Shuttered banks keep lifeline  Miami Herald
Greek Referendum on Bailout Too Close to Call, Poll Shows  Bloomberg
Irish Independent  
Xiaomi sales put full-year goal in doubt
Slowing mobile phone sales in China look to be complicating plans by Xiaomi to nearly double sales this year, as the upstart handset maker released disappointing numbers for the first half of the year.
Xiaomi's smartphone sales growth has ground to a halt  Quartz
Dream run over for Xiaomi? H1 sales put full-year target in doubt  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 shoot past Gov. Jerry's Brown's water conservation targets  San Jose Mercury News
Orange County, state sharply cut their water use, but 'this is just the ...  OCRegister
On-demand startups get more heat over using contractors
Facing intense pressure, a fast-growing category of Silicon Valley companies is slowly changing its tune about the benefits of freelance workers.
A Silicon Valley Startup Explains Why They're Ditching Freelancers  Breitbart News
Shyp now classifies its courier drivers as employees, not contractors  Sentinel Republic
Electrolux Shares Slump as GE Deal Faces U.S. Antitrust Suit
Electrolux AB shares fell the most since 2011 after the U.S. government sued to block the Swedish company taking over General Electric Co.
GE's Divestiture Plans Hit Hurdles  Wall Street Journal
Justice files lawsuit to block GE appliance deal  Albany Times Union
U.S. Manufacturing Sector Strengthens In June
The US manufacturing sector expanded in June with ISM manufacturing index showing a reading of 53.5, the highest in five months. Last month reading was 52.8; Current month print is more than what market was expecting.
US Factories End Quarter on a Broad Upswing  Wall Street Journal
US Manufacturing Growth Improves and Hiring Gains  New York Times
Asia stocks rise for third day though Greece, China concerns weigh
HONG KONG Asian stocks rose for a third consecutive day on Thursday though widening cracks in Chinese stocks and Greece's standoff with its creditors capped gains while the dollar was bolstered by upbeat U.S.
Markets swing on Greece's mixed messages  CNN
Asian stocks rise, but Greece weighs on sentiment  BDlive
ADP Reports 237000 Jobs Added by Businesses in June
The payroll processor ADP said that businesses added 237,000 jobs last month, compared with 203,000 in May. That is the most since December.
Survey: June hiring up 237000  NWAOnline
Survey: US businesses step up hiring in June to 237000  NorthJersey.com
Construction hits highest since October 2008
WASHINGTON - U.S. construction spending posted a solid gain in May, pushing total activity to its highest point since fall 2008, with the strength led by a big jump in non-residential projects.
US construction spending continues climb; up 0.8% in May  Equipment World Magazine
US Construction Spending Hits New Postrecession High  Wall Street Journal (blog)
On His Way Out, Twitter's Dick Costolo Tries to Shape His Legacy
As Dick Costolo stepped away from his role as chief executive officer of Twitter, he knew what he wanted his legacy to be—and it's not related to the company's performance on the public market.
Wall Street 'Accelerates Short-term Thinking — Twitter's Dick Costolo  Rapid News Network
HuffPo's Future; Dick Costolo's Last Day  AdExchanger