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Buzzkill: Feds slam pot industry, refuse to allow them to use banks -- here's ...
We recently reported that the Feds are not going to make things easy for the pot industry even in states where it is legal. The U.S.
Pot industry banned from using banks  National Monitor
Denver marijuana-centric credit union sues for federal insurance
Immortal News  
Puerto Rico's GDB services debt, no mention made of separate bond payment due
The Government Development Bank for Puerto Rico said it made a debt-service payment ahead of Saturday's deadline, although its statement makes no mention of a separate bond payment also due immediately.
Here It Comes: Puerto Rico Is Headed for a Debt Default  Slate Magazine (blog)
Puerto Rico says island has no money available to make $58M bond payment  Fox News
Mt. Gox CEO Karpeles arrested by Japanese police
The CEO of failed Bitcoin exchange Mt.Gox was arrested in Japan early Saturday by police, according to several media reports. Mark Karpeles faces charges related to the loss of 650,000 bitcoins worth hundreds of millions of U.S.
Former head of bitcoin exchange arrested in Japan  Business Standard
Bankrupt Bitcoin Kingpin Mark Karpeles Arrested in Tokyo  Gawker
US Paycheck growth at its lowest pace since 1982
The pace of U.S. wages and benefits crawled in the spring at a very low pace. It is actually the lowest in the last 33 years. This is clear evidence of the fact that strong hiring isn't lifting wages for most Americans.
US wage growth falls to record-slow pace in 2nd quarter  KPVI News 6
Wage Growth in U.S. Halts During Second Quarter, Sentiment Falls  WKRB News
Electronic Arts falls as new 2016 outlook disappoints
REDWOOD CITY, Calif. (AP) - Shares of Electronic Arts slipped in aftermarket trading Thursday after the video game maker's new forecast fell short of Wall Street estimates.
Electronic Arts Down 4%: FYQ1 Beats; Q2, Year Views Miss  Barron's (blog)
Verizon Strike Possible as Contract Deadline Looms
Verizon workers in nine states could walk off the job as soon as early Sunday if union negotiators don't reach an agreement over benefits with the wireless carrier.
Verizon Faces Strike by 37000 as Contract Talks Go Down to Wire  Bloomberg
Verizon workers poised to strike if company fails to reach deal with unions  The Guardian
Yahoo buys shopping site Polyvore
Case in point: The tech giant announced Friday it will acquire Polyvore, the fashion-discovery site founded in 2007 by three former Yahoo engineers that lets users browse and buy clothes, accessories and beauty products.
Yahoo tries to get more fashionable with Polyvore purchase  Financial Express
Yahoo buys social shopping site Polyvore  CTV News
Dan Price, Seattle CEO who set company minimum wage at $70K, now struggles to ...
Austin Roos, a support team supervisor, works at lower left, Wednesday, April 15, 2015, at Gravity Payments, a credit card payment processor based in Seattle.
This CEO gave his lowest-paid employees huge raises and it made some people ...  Vox
Watch: Gravity Payments boss raised minimum wage to $70000 and got an earful  Sacramento Bee (blog)
Oil posts worst decline in 2015 as rig count rise
Crude-oil futures closed lower Friday, with West Texas Intermediate crude for September delivery CLU5, -3.61% giving up $1.40, or roughly 2.9%, to settle at $47.12 a barrel.
Hedge funds' bullish exposure to US oil near five-year low  Reuters
Bringing back `Maggi' on shelves is top priority, says Nestle India chief
Getting Maggi back on the shelves is the number one priority for Nestle India's new Managing Director Suresh Narayanan. Following the food safety regulator Food Safety and Standards Authority of India (FSSAI) order, the company, had to recall its ...
Returning Maggi to shop shelves Nestle India chief's top priority  Livemint
Bringing Maggi back in market is first priority: Nestle India Chief  The Indian Express