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U.S. markets news

Truck Driver Strike at Los Angeles Port Called Off for Cool Down Period
A five-day protest strike by 120 truck drivers at the ports of Los Angeles and Long Beach has been put on hold as both sides have agreed to a �cooling-off period� requested by Los Angeles Mayor Eric Garcetti.
Five-day trucker strike at Los Angeles and Long Beach ports ends  Los Angeles Times
Truckers at 2 Calif. ports OK cooling off period
NPR   Related articles »  
A.C. casino closings have employees reeling
ATLANTIC CITY - While the amusement-park sound of slot machines filtered through Trump Plaza on Saturday, the men and women who staff the casino put on their brave faces.
Trump Plaza casino expected to close  Toronto Star
Casino workers struggle in reversal of fortune  Tribune-Review
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GLOBAL MARKETS-Stock indexes flat as Portugal fears ease; oil down sharply
(Adds details, updates prices). By Caroline Valetkevitch. NEW YORK, July 11 (Reuters) - Major global equities markets steadied and the yen stabilized against the U.S.
GLOBAL MARKETS-Stock indexes up slightly as Portugal fears ebb; oil down ...  Reuters Africa
Asia muted, hopes European stocks stabilise  Economic Times
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Amazon asks FAA for permission to test its delivery drones
Amazon is asking the Federal Aviation Administration permission to use drones as part of its plan to deliver packages to customers in 30 minutes or less.
Amazon wants to test delivery drones outdoors  South Bend Tribune
Amazon asks FAA for permission to fly drones  Houston Chronicle
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UPDATE 3-Libyan protesters shut down Brega oil port -state firm NOC
(Adds U.S. State Department comment). By Feras Bosalum. TRIPOLI, July 12 (Reuters) - Protesters have shut down the eastern Libyan oil port Brega, state firm National Oil Corp (NOC) said on Saturday, days after the government celebrated the reopening of ...
Libyan protesters shut down Brega oil port: state firm NOC  Reuters UK
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Scone-makers delighted as decade-long fad for cupcakes has lost novelty factor
Lauren Coleman-Lochner. Published 13/07/2014|00:00. 0 Comments; Share. HARD TO SWALLOW: Demand for cupcakes is on a downward spiral.
Crumbs lives to bake another day  Boston Business Journal
Crumbs to be reopened by local investor
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UAW continues unionization efforts at Volkswagen plant in Tennessee
The UAW broke its pledge to cease organizing activity at the Chattanooga auto plant that rejected unionization, announcing on Thursday afternoon that it would form a voluntary union for factory workers.
UAW to establish union local at Tennessee Volkswagen plant  Jackson Clarion Ledger
Sen. Bob Corker Downplays UAW Move to Add Local Office  WTVC
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No revenue, no assets, yet worth US$billions - stock regulators pull plug on ...
Financial regulators in the US suspended trading in a social-networking company with no assets, no revenues and one employee, whose value on the stock market soared to US$6 billion in a matter of weeks.
SEC Suspends Cynk Technology Stock; But Which Way Was The Manipulation ...  Forbes
CYNK Technology Corp (OTCMKTS:CYNK) Was The Surprised Pick For The Week  Market News Call
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German-US car parts tie-up could spark more deals: analysts
FRANKFURT/BERLIN (Reuters) - German car parts maker ZF Friedrichshafen's takeover offer for rival TRW looks unlikely to draw rival bids for the U.S.
Huge auto supplier TRW gets surprise buyout bid  USA TODAY
TRW Approached by Germany's ZF to Create No. 2 Auto Supplier  Bloomberg
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Cost Cutting at Wells Fargo Stalls
On Friday, Wells Fargo & Co posted an increase in net income of 3.8%, but its shares were down 0.7% as a key lending profitability measure declined and the cost-cutting programs at the bank stalled.
Wells Fargo profit increases 3.8% as home lending regains traction  Los Angeles Times
Wells Fargo Profit Rises Despite Drop in Revenue  New York Times
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