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U.S. markets news

Greek blue chip stock index futures open down 1 percent
ATHENS Greek blue-chip stock index futures opened down on Tuesday, with the nearest contract ATFQ5 expiring on August 21 falling 1.02 percent to 195 points after Monday's 16.2 percent market plunge.
Futures lower, investors look to US jobs report  USA TODAY
No Relief in Sight for Greek Traders Groping With Exchange Curbs  Bloomberg
Economic Times  
Puerto Rico just defaulted on its $72 billion debt pile
Fight with bondholders looms as the U.S. commonwealth notches biggest public-sector credit event since Detroit's filing for bankruptcy.
Puerto Rico defaults on debt repayment for first time ever  Irish Independent
Puerto Rico defaults for the first time  CNN
RPT-UPDATE 2-India central bank holds rates, leaves door open for more easing
(Fixes formatting). * RBI says policy stance will be 'accommodative'. * Watching inflation, bank lending rates, reforms, Fed.
Rajan stresses RBI policy independence  Financial Times
RBI monetary policy: Interest rates won't come down unless bad loans are ...  Firstpost
After Cecil outcry, major US airlines end trophy hunter shipments
JOHANNESBURG Aug 4 Three U.S. airlines have banned the transport of lion, leopard, elephant, rhino or buffalo killed by trophy hunters, in the latest fallout from the killing of Zimbabwe's Cecil the lion last month.
Airlines ban hunters' big-game 'trophies'  USA TODAY
Delta Air Lines bans freight shipments of lion hunting trophies  Washington Post
Toyota Motor Q1 net profit jumps 10 pct, beats estimates
TOKYO Aug 4 Toyota Motor Corp posted a 10 percent rise in first-quarter net profit on Tuesday, beating analyst estimates, as costs cuts and currency gains made up for weaker global vehicle sales.
Toyota's Quarterly Profit up 10 Pct on Cheap Yen, Cost Cuts  ABC News
Toyota Posts Record Profit  Wall Street Journal
Insight - How Libor whiz Rain Man became "the guy everyone was going to blame"
LONDON He was so obsessed with the numbers that he did not see his downfall coming. The first trader convicted by a jury in the global Libor rate-rigging scandal was a maths whiz nicknamed "Rain Man", who slept as an adult under a superhero duvet cover ...
Trader gets 14-year jail in Libor rigging case  DAWN.com
Hayes Libor Verdict Shows 'Everyone Did It' Is Still No Defense  Bloomberg
British Government Raises $3.3 Billion in Its First RBS Share Sale
The British government said on Tuesday that it had raised 2.1 billion pounds, or about $3.3 billion, in its first sale of part of its stake in the Royal Bank of Scotland.
RBS: Government sells �2.1bn of shares in bank  BBC News
UK Sells 5.4% Stake in RBS  Wall Street Journal
Oil Trades Near $50 as Glut Seen Persisting Amid Slowing Demand
Oil in London traded below $50 a barrel near a six-month low amid speculation Iranian supplies will exacerbate a global surplus as demand from the U.S.
Global Stocks Mixed Amid Commodities Slump  Wall Street Journal
As oil falls below $50, analysts eye 'mid-price' era  Reuters
239 Years Ago, Adam Smith Predicted Fury of Seattle Business at CEO Who Pays ...
Dan Price, the CEO of a small Seattle credit card processing company called Gravity Payments, announced several months ago that over the next three years he'll gradually raise the minimum salary there to $70,000.
A Company's In-House $70000 Minimum Wage Backfires  Investor's Business Daily (blog)
Aussie Surges 1% After RBA Omits Reference to Further Declines
The Australian dollar climbed from near a six-year low after the Reserve Bank held interest rates and omitted any reference to further currency declines being necessary.
Australia's central bank holds rates, tempers call for A$ fall  Reuters
Glenn Stevens takes his foot off the AUD  The Australian Financial Review