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U.S. markets news

Eurozone ministers to weigh latest proposal from Greece as country defaults on ...
A demonstrator holds a banner during a rally organized by supporters of the YES vote for the upcoming referendum in front of the Greek Parliament in Athens, Tuesday, June 30, 2015.
Euro slips after Greece misses IMF repayment deadline  Reuters
Greece, Missing IMF Payment, Is Called Effectively in Default  New York Times
Reuters Blogs (blog)  
China June factory activity shrinks at slower pace, but job cuts mount: HSBC ...
BEIJING - China's factory activity contracted for the fourth straight month in June but at a slower pace than in May, a private survey showed on Wednesday, offering signs that the economy may be slowly leveling out but is still in need of more support ...
China's manufacturing weak in June, more jobs cut  San Francisco Chronicle (subscription)
Xiaomi Comes to Americas With Brazilian-Made Smartphone at $160
Xiaomi Corp. will start selling smartphones in Brazil this month, its first market for the low-priced devices outside Asia. The Redmi 2 will sell for 499 reais ($160) online as the company's first phone made outside China, Hugo Barra, vice president of ...
China's Xiaomi plans to make smartphones in Brazil
China's Xiaomi breaks out of Asia with Brazilian beachhead  CNET
What you didn't know about Nike
PHIL Knight, a middle-distance runner who partnered with his university athletics coach to launch one of the most successful and recognisable brands in the world, has announced plans to step down as Nike chairman.
Phil Knight, former U. of Oregon miler, to retire as Nike board chairman (blog)
Nike co-founder Phil Knight to step down as chairman  USA TODAY
FBI investigating 11 attacks on San Francisco-area Internet lines
The FBI is investigating at least 11 physical attacks on high-capacity Internet cables in California's San Francisco Bay Area dating back a year, including one early Tuesday morning.
FBI Investigates New Attack On Internet Fiber Optic Cables  Wall Street Journal
FBI investigating new fiber cable attack in California  Reuters
Apple Rule of Unreason
Perhaps logic will some day infiltrate antitrust enforcement, but not yet. On Tuesday a divided federal appeals court revived the competition doctrine of the early 20th century and upheld the risible antitrust campaign against Apple.
Apple loses appeal on e-book price-fixing case, will pay $450 million  Christian Science Monitor
Court affirms Apple e-book price-fixing decision  Talk Radio News Service
Oregon growers look forward to new era of retail marijuana
WILLIAMS, Ore. (AP) - On the third Thursday of each month, veteran medical marijuana growers and hopeful newbies gather in the old Williams Grange hall in a small rural Oregon valley long known for growing some of the best cannabis on the planet.
Bipartisan pot committee weathered disagreements and produced results ...
Japan business mood improves, capex plans at decade high: BOJ tankan
TOKYO Japanese business sentiment improved to levels not seen since before the economy slipped into recession last year, offering relief to policymakers keen to keep the recovery intact without additional stimulus.
Japanese business mood improves despite gloomy data  U-T San Diego
Japan business confidence hits best level since March 2014: Bank of Japan  Economic Times
Though Charter Is Expiring, Export-Import Bank Will Keep Its Doors Open
WASHINGTON - Time was running out on the nation's 81-year-old Export-Import Bank on Tuesday, but its employees were not. Instead they casually walked in and out of the bank's classical headquarters a block from the White House, none of them carrying ...
US exporters scramble to save deals as trade bank halts new business  Reuters
Trade Bank Finds Lopsided Liberal Support  Wall Street Journal
A factory that turns trash to jet fuel, down the road from Tesla, moves closer ...
Fulcrum BioEnergy has spent years trying to get a factory built in Nevada. Will an investment from United Airlines get them closer?
The future of air travel is garbage  Washington Post (blog)
United Airlines Will Start Powering Planes With Fuel Made From Animal Poop  Tech Times