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U.S. markets news

Chipotle acts quickly after exec indicted on drug charge
After news broke that an executive was indicted on a drug charge, his employer, Chipotle, quickly put Mark Crumpacker on administrative leave.
Chipotle Executive Put on Leave After Indictment in Drug Bust  Bloomberg
Chipotle executive put on leave after report of drug charges  The Denver Post
Business Insider  
US factory data, auto sales improve, construction spending slips
WASHINGTON U.S. factory activity expanded at a healthy pace in June as new orders, output and exports rose, new industry data showed on Friday, providing another sign that U.S.
US factories keep gaining, but construction keeps slowing  CBS News
An Activist Crusade Against Williams CEO Ends With Board Mutiny
The bad blood between Williams Cos. chief Alan Armstrong and directors who quit the company's board on Thursday runs deeper than a $33 billion merger with Energy Transfer Equity LP that fell apart this week.
Williams names new chair, stands by CEO after board upheaval  Reuters
6 Williams Cos. board members quit after failing to dump CEO  Tulsa World
Osborne abandons 2020 budget surplus target
Chancellor George Osborne has abandoned his target to restore government finances to a surplus by 2020. In a speech he said, given the effects of the referendum vote, the government had to be "realistic about achieving a surplus by the end of the decade".
UK Gilt Market Shows Scrapping the Budget Rule Is a Good Idea  Wall Street Journal (blog)
UPDATE 2-UK's Osborne drops 2020 budget surplus target after Brexit vote  Reuters
Oil jumps on pre-holiday buying, Brent up 4 percent on week
NEW YORK Oil prices surged on Friday, and Brent crude posted its largest weekly gain since mid May, as investors positioned for the start of third quarter trading while a weaker dollar boosted prices of most commodities.
U.S. Drillers Bring Back Rigs as Oil Market Seen Stabilizing  Bloomberg
Gas Plays Poised to Step Up as Oil Rigs Chart Gains  Natural Gas Intelligence
Trump, Tebow, charity and politics collide in Denver on Friday
Denver Broncos quarterback Tim Tebow warms up against the Seattle Seahawks Saturday August 27, 2011 Sports Authority Field at Mile High.
Why Donald Trump buying $12K of Tebow gear could potentially be an IRS violation
Records: Trump used charity cash for Tim Tebow memorabilia  Washington Post
Gold's Shimmer Is Sign Of Dark Days Ahead
Market watchers around the world are struggling to figure out what is happening in our global economy. We are swimming in news of Brexit opinions and terrorist attacks all in hopes of making sense of it all and keeping our heads above water, if not our ...
PRECIOUS-Gold heads for fifth week of gains and silver soars  Reuters
Don't be fooled by the rally — gold is still stuck in a 'bear super ...  Business Insider
US Construction Spending Fell Again in May
In this Monday, April 11, 2016, photo, construction workers work on a building in Miami Beach, Fla. On Friday, July 1, 2016, the Commerce Department reports on U.S.
WRAPUP 1-US factory activity improves, construction spending slips  Reuters
Construction Spending Numbers for May Revised Downward
Hyperloop One Replaces Co-Founder Brogan BamBrogan with Senior Vice President ...
Hyperloop One Inc. on Friday announced an executive shake-up, replacing one of the startup's founders with its senior vice president of engineering, just as it faces a critical juncture in bringing its high-speed transport technology to life.
Hyperloop One's Co-Founder Is Out  Fortune
Hyperloop One co-founder and CTO Brogan BamBrogan steps down  TechCrunch
Sports Authority is going to auction off customer emails. Can it do that?
If you were a Sports Authority customer, beware - your data could now belong to Dick's Sporting Goods, following a bankruptcy auction on Thursday.
Broncos talking to at least 12 companies regarding stadium naming rights
Dick's Sporting Goods May Now Be One of the Best Investments in America