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U.S. markets news

Asian stocks rebound after Portuguese bank scare
BEIJING (AP) - Asian stocks rebounded Monday from jitters about a struggling Portuguese bank as investors looked ahead to a busy week of data releases in the U.S.
Portuguese Bank Sell-off is a Stock Market Non Event  The Market Oracle
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Hong Kong shares rise on strong telecoms, China lifted by carmakers
... * HSI +0.4 pct, H-shares +0.4 pct, CSI300 +0.3 pct. * China's 3 largest carriers rise after deal on telecoms-tower firm. * Auto sector strong again as govt encourages 'green' cars.
Asian shares gain ahead of China growth data  Economic Times
Data May Give Markets a Jolt  Wall Street Journal (blog)
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From Benghazi to the Boardroom: The Road to the $7 Billion Citigroup Settlement
Photo. Tony West, the Justice Department's lead negotiator in the Citigroup case, used the threat of a lawsuit to raise the bank's offer from $363 million to $7 billion.
Citi, US $7B settlement statement expected Monday  CNBC.com
Citigroup Said Poised to End Mortgage Probe With $7 Billion Deal  Bloomberg
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NZ Dollar Outlook: Kiwi may test post-float high as inflation looms
The New Zealand dollar may test a post-float record this week with second-quarter inflation figures likely to underline the Reserve Bank's path to higher interest rates, though the currency may struggle to hold those gains.
FOREX-Dollar steady in subdued market as key events loom  London South East
Forex - NZD/USD weekly outlook: July 14 - 18  NASDAQ
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Samsung finds evidence of suspected child labour
Samsung Electronics has suspended business with a Chinese supplier accused of hiring child workers, after finding evidence to suggest the allegations are accurate.
Samsung suspends China supplier over child labor  Washington Post
Samsung Finds Evidence of Child Labor at Chinese Supplier  Wall Street Journal
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Whiting Petroleum to Buy Kodiak Oil & Gas
Whiting Petroleum Corporation on Sunday said it would buy Kodiak Oil & Gas Corporation for $3.8 billion in stock, and assume $2.2 billion of Kodiak's debt.
Whiting to acquire Kodiak  Seeking Alpha
UPDATE 2-Whiting to buy Kodiak for $3.8 bln, create No. 1 Bakken producer  Reuters
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Tech Earnings Increase and Take Center Stage Next Week
Reuters reports that earnings from U.S. technology companies will take center stage next week, and possibly give investors new opportunities to invest in this sector.
Will the earnings express lift Dow above 17K?  CNNMoney (press release)
Spotlight on tech stocks  The Star Online
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China charges GSK-linked investigator and wife
Prosecutors in Shanghai have indicted two foreign investigators linked to drugmaker GlaxoSmithKline (GSK), which is at the centre of a bribery scandal in China, according to state media.
UPDATE 1-China charges GSK-linked investigators for illegally obtaining ...  Reuters
Chinese Prosecutors Indict Investigative Team  Wall Street Journal
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Power outage caused by weather halts Disney World monorail train
A power outage caused by an apparent lightning strike brought one of Disney World's monorail trains to a halt Sunday evening. Walt Disney Parks and Resorts spokesman Jacquee Wahler told The Associated Press there were thunderstorms around the ...
Disney: Power failure shuts down monorail  USA TODAY
Disney World monorail evacuated after power outage  CNN
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Crumbs lives to bake another day
The New York-based chain, which has four locations in Massachusetts, filed for Chapter 11 bankruptcy protection as part of a deal that will place the company in the hands of CNBC star Marcus Lemonis and Fischer Enterprises.
Crumbs Might Not Crumble After All  TIME
Crumbs secures financing from investor group  CNBC.com
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