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U.S. markets news

Puerto Rico Defaults On Debt Repayment
Puerto Rico pays just $628,000 toward a $58m debt due Monday as lack of liquidity continues to hamper its ability to dig out from under estimated $72bn debt load.
FAQ About Puerto Rico's Debt Troubles  New York Times
Puerto Rico Defaults on $58M Debt Payment  Voice of America
Fox News  
UPDATE 4-Big US coal miner Alpha Natural files for bankruptcy
(Adds Breakingviews link). By Tom Hals. Aug 3 (Reuters) - Alpha Natural Resources Inc, one of the largest U.S. coal companies, became the latest in the hard-hit industry to seek bankruptcy on Monday.
Default Rate for US Mining Companies Jumps to Highest in Five-Plus Years  Wall Street Journal (blog)
Coal companies have been scorched under Obama  CNNMoney
Pimco Gets Warning From SEC That Lawsuit Could Be Coming
Bond giant Pacific Investment Management Co. said Monday that it could be sued by the country's top securities regulator over how it valued assets in one of its most popular funds aimed at small investors.
Pimco May Face SEC Action Over a Fund  New York Times
UPDATE 2-Pimco says may face SEC action over fund Bill Gross once ran  Reuters
Ex-trader sentenced in Libor interest-rate trial
Ex-trader Tom Hayes was sentenced to 14 years in jail by a London court Monday after being found guilty of conspiring to rig Libor benchmark interest rates following a seven-year global investigation.
'Fugitive' ex-UBS trader cannot escape US case over Libor: judge  Reuters
Convicted Libor trader Tom Hayes: the self-confessed scruff 'not ...  Telegraph.co.uk
Delta refusing to carry some big game trophies
Delta Airlines will no longer allow certain big game trophies to be hauled on its planes. The announcement Monday followed protests over the slaughter of an African lion named Cecil.
After Killing of Cecil the Lion, Delta Joins Airline Ban on Game Trophies  New York Times
Following lion's death, Delta Air Lines stops shipping animal trophies  Los Angeles Times
Opponents lay groundwork for state-by-state fight against pollution curbs
Opponents of the Obama administration's Clean Power Plan prepared Monday for all-out war against the carbon-cutting regulation, blasting the measure publicly while accelerating behind-the-scenes efforts to stop its implementation.
Final Clean Power Plan Drops Support for Existing Nuclear Plants  Forbes
Power plan protects planet: Our view  USA TODAY
Sprint Names Tarek Robbiati CFO
Sprint Corp. S -0.89 % said Chief Financial Officer Joe Euteneuer will leave the company after a transition period and named Tarek Robbiati CFO.
Sprint names new CFO in management shake-up  Reuters
Sprint Gets New CFO Amid Leadership Change at Struggling Carrier  Bloomberg
Twitter faces lingering doubts about its future
The company's stock falls to an all-time low after last week's report of near-standstill user growth. Internet. 4 August 20156:37 am AEST.
CompaniesTwitter shares close at record low  Financial Times
Twitter slides to record low amid growth concerns  CNBC
Greek shares nosedive as manufacturing data reveals economy in shock
The full extent of the damage caused by the Greek crisis was laid bare when the first day of stock market trading after five weeks of economic paralysis saw shares lose a sixth of their value.
Global July factory growth muted as order growth eases -PMI  Reuters
Chinese manufacturing sector slows the most in two years  Irish Times
Oil Prices Hit 6-Month Low
Oil prices lurched 5% lower on Monday to their lowest since January, taking global benchmark Brent below $50 a barrel as weak factory activity in China deepened a commodity-wide rout.
Oil craters, set to retest lows  CNBC
Iran oil output to rise a week after sanctions  The Daily Star