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UPDATE 4-Ex-trader Hayes jailed for 14 years by London court for Libor rigging
(Adds comment from Serious Fraud Office director). By Kirstin Ridley. LONDON Aug 3 (Reuters) - Ex-trader Tom Hayes was sentenced to 14 years in jail by a London court on Monday after being found guilty of conspiring to rig Libor benchmark interest ...
How Libor Trader Tom Hayes's 14-Year Jail Term Stacks Up Against Others  Wall Street Journal (blog)
How does Tom Hayes' Libor scandal sentence compare with that of other ...
Americans Kept Spending in June to End Better Second Quarter
American households kept spending in June, capping a stronger quarterly performance for the biggest part of the economy. The 0.2 percent increase in purchases followed a 0.7 percent May advance, Commerce Department figures showed Monday in ...
Americans Curb Their Spending Increases in June  Wall Street Journal
Consumer spending growth cools despite solid rise in personal incomes  Los Angeles Times
Sears' shares plunge after dismal same-store sales
Aug 3 Struggling retailer Sears Holdings Corp said on Monday comparable store sales in the United States fell sharply in the second quarter, sending its shares down 8 percent to a more than three-year low.
Sears to make first profit since 2012. But don't be fooled  CNNMoney
Sears to Report First Profit Since 2012 Thanks to Real-Estate Gain  Wall Street Journal
Alpha Natural Resources, a Onetime Coal Giant, Files for Bankruptcy Protecton
Alpha Natural Resources, once a powerhouse of the American coal industry, filed for Chapter 11 bankruptcy protection on Monday so it may emerge from the grip of a $3 billion debt at a time when utilities are switching to natural gas and coal prices are ...
UPDATE 3-Big US coal miner Alpha Natural files for bankruptcy  Reuters
U.S. Coal Giant Greets Obama Climate Rules With Bankruptcy  Bloomberg
US Stocks Drop, Led by Fall in Energy Stocks
NEW YORK - U.S. stocks fell on Monday, led by a slumping energy sector as the price of oil continued to fall. Investors were also watching the latest earnings releases.
US stocks edge lower as energy sector slumps  U.S. News & World Report
Global July factory growth muted as order growth eases -PMI
LONDON Aug 3 Global factory activity remained muted in July and with new orders barely accelerating there is unlikely to be much improvement this month, a business survey showed on Monday.
What the latest macro data ahead of the monetary policy suggests  Livemint
Manufacturing rebounds with PMI at 6-month high  Hindu Business Line
Amazon cracks down on sharing Amazon Prime benefits outside the home
The free ride is over for anyone mooching Amazon Prime from friends or extended family, as a new policy restricts how subscribers can share their benefits.
Amazon changes Prime benefits of sharing account with 4 people to 1 person  New York Daily News
Sharing Amazon Prime benefits just got harder  CNNMoney
Athens stocks plunge exchange reopens
ATHENS - The Athens Stock Exchange absorbed a beating after it reopened following a five-week shutdown on Monday, as analysts warned that shares could fall even more in the short term.
Greek Stocks Plunge Upon Re-Opening of Exchange  ABC News
Greek stocks plunge, banks hammered, after five-week crisis shut down  Reuters
Exxon Mobil (XOM) Stock Declines on Lower Price Target
NEW YORK (TheStreet) -- Exxon Mobil (XOM - Get Report) price target was cut to $83 from $86 at Credit Suisse, while maintaining its "underperform" rating.
Oil's Travails Are Not Equities' Only Problem  Wall Street Journal (blog)
Exxon Mobil Corporation (XOM): Deutsche Bank Reflects On Q2 Results  Bidness ETC
Why a massive recall of Kraft Singles cheese slices? They could choke you.
Kraft Heinz has recalled 36,000 cases of individually wrapped cheese slices because they may pose a choking hazard, the company said in a statement.
Kraft Recalls Cheese Slices After Customers Choke on Packaging  Bloomberg
Kraft recalling 36000 cases of cheese over 'potential choking hazard'  Washington Post