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U.S. markets news

Mixed US jobs report dampens September rate hike bets
WASHINGTON U.S. job growth slowed in June and Americans left the labor force in droves, tempering expectations for a September interest rate hike from the Federal Reserve.
Wall Street slips on mixed jobs data  The Australian
Experts give their take on jobs, Fed and financial markets  Salon
ABC News  
UPDATE 5-BP reaches $18.7 billion settlement over deadly 2010 spill
(Adds Breakingviews link). By Terry Wade and Kristen Hays. HOUSTON, July 2 (Reuters) - BP Plc will pay up to $18.7 billion in penalties to the U.S.
5 Things to Read Today: Jobs Market Continues Fitful Recovery, BP Settles ...  Wall Street Journal (blog)
BP settlement: States to accept $18.7 billion in damages  MSNBC
Yelp shares plunge after report it's abandoning sale
This Oct. 26, 2011 file photo shows the logo of the online reviews website Yelp on a wall at the company's offices in New York.
Yelp Is Putting Away The For Sale Sign, Stock Drops 10%  Forbes
Yelp shares are tanking because of this decision by the CEO  Fortune
Whole Foods Apologizes for Overcharging Customers
Co-CEOs Walter Robb and John Mackey responded to an investigation that uncovered New York City stores had overstated the weight of prepackaged goods.
Whole Foods execs apologize for overcharging  USA TODAY
Whole Foods Apologizes For Overpricing  Daily Caller
Centene Makes $6.3B Bid for Fellow Insurer Health Net
Centene has jumped into the mix of managed-care companies scrambling to bulk up as the health care overhaul changes their business with a $6.3-billion bid for fellow insurer Health Net.
Health insurer Centene adds muscle with $6.3-billion Health Net deal  The Globe and Mail
SHAREHOLDER ALERT: Lundy Law Commences An Investigation Into The ...  MarketWatch
Chrysler Faces Penalties for Recall Lapses, Regulator Vows
WASHINGTON—Federal regulators are likely to take action before summer's end against Fiat Chrysler Automobiles FCAU -2.32 % NV over lapses in handling older Jeeps tied to fiery rear-end crashes and millions of other recalled vehicles, the head of the ...
US will punish Fiat Chrysler over recall failures  USA TODAY
Fiat Chrysler to face US sanctions for conduct in recalls  Toronto Star
Yes, bubble wrap is going popless, but the good stuff will still be around
Sealed Air Corp, which invented bubble wrap back in 1957, announced on July 1 what the internet believed to be the be killing off of one of life's simplest pleasures.
Christmas morning just got a lot worse: Bubble wrap producer unveils a new ...  National Post
Idle hands: Company that birthed Bubble Wrap removes pop from new variety
Ren�e James, President of Intel, Is Leaving the Company
SAN FRANCISCO - The president of Intel is moving on, and the chief executive appears to be using the occasion for a sweeping reorganization of his company, the world's largest maker of semiconductors.
Intel President Ren�e James to step down in January  Reuters Canada
Intel President Renee James to leave chipmaker
UPDATE 8-Oil flat as US rig count rise cools gains, gasoline jumps
... * First rise in U.S. oil rig count since December - Baker Hughes. * Tame U.S. jobs and economic data cools Sept rate hike bets.
Oil Falters After Rig Count Grows  Wall Street Journal
Oil Rigs Rebounding at Sub-$60 Shows Shale Boom's Resilience  Bloomberg
Swiss pilot breaks endurance record aboard experimental Solar Impulse flight
In one of the first round-the-world flights of its kind, a pilot of an experimental solar-powered aircraft is already breaking aviation records.
Solar Impulse sets new world record with longest solo flight  Times of India
Solar Impulse Broke the Non-Stop Solo Flight Record Today  Gizmodo