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U.S. markets news

Dan Price who made minimum salary $70000 for all at Gravity Payments has run ...
A company boss who told all his 120 staff that they would be given a minimum wage of $70,000 (47,000) has had to rent out his home to make ends meet.
Move to raise employees' minimum salary to US$70000 reportedly backfires ...  The Straits Times
Is Generous CEO Dan Price A Thought Leader Or A Fool?  Yibada (English Edition)
Sentinel Republic  
Dollar Bulls Retreat as Slowing Pay Dents Fed Hike Speculation
For the first time in more than a month, dollar bulls are on their back foot. The greenback snapped a five-week rally, its longest this year, after a report showed U.S.
GLOBAL MARKETS-US labor data weigh on dollar, Treasury yields  Reuters
US two-year yields tumble as wage growth remains elusive  Sydney Morning Herald
Verizon's workers say no strike for now, union talks continue
NEW YORK Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired.
Verizon Workers To Stay On Job Without Contract  WAMC
Strike deadline looms as Verizon workers in 9 states negotiate contract  Nashua Telegraph
Microsoft to invest in ride sharing company Uber
Microsoft has reportedly agreed to invest in Uber as part of a funding round that values the ride-hailing company at about $US51 billion.
Microsoft investing $100 million in Uber  Morning Ticker
Uber reaches $50 billion value thanks (in part) to Microsoft  Engadget
Yahoo buys shopping site Polyvore
Case in point: The tech giant announced Friday it will acquire Polyvore, the fashion-discovery site founded in 2007 by three former Yahoo engineers that lets users browse and buy clothes, accessories and beauty products.
The interesting story of how Marissa Mayer influenced the CEO of the company ...  Business Insider
Yahoo tries to get more fashionable with Polyvore purchase  Dispatch Times
NBCUniversal close to investment in BuzzFeed and Vox
buzzfeed The subsidiary of Comcast or CMCSA is showing interest in raising the stake of BuzzFeed in Vox Media, according to a person familiar with the matter.
NBCUniversal close to investment deals with BuzzFeed and Vox  Statesman Tribune
Comcast expanding its interest in new media  Philly.com
Gas tax jumps 7 cents on Saturday
The increase is the first of two that are part of a $16 billion revenue package approved by the Legislature this year. The extra 7-cents a gallon state lawmakers added to the gas tax will help pay for transportation projects around the state…including ...
Tax spurs price jump at Washington pumps  Rapid News Network
Gas tax increases by 7 cents in Washington  HeraldNet
Central Bank to cap Credit Union savings at €100000
A savings limit of €100,000 per customer will be imposed on credit unions under regulations due to come into force in January. Ads by Google.
Pot industry's bank bid rejected by federal regulators  Denton Record Chronicle
Pot industry hits another roadblock in Colorado, credit union sues banking ...  The Hoops News
Sam Adams could turn Benedict Arnold because of taxes
Jim Koch, founder and chairman of the Boston Beer Co. Inc., speaks during a Senate Permanent Subcommittee on Investigations hearing Thursday.
Samuel Adams To Ditch The United States? A Broken Tax System Can Be Blamed  Business 2 Community
Four Years in, Consumer Protection Agency Has Plenty to Do
The nation's youngest government agency recently celebrated its four-year anniversary, and it's still got plenty to do. The Consumer Financial Protection Bureau was born out of the Dodd-Frank financial overhaul law that passed in 2010 and started a ...
GUEST COMMENTARY: Payday lenders prey on low-income families  nwitimes.com