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U.S. markets news

FAQ About Puerto Rico's Debt Troubles
Q. How does Puerto Rico compare to Greece? A. The two places may share pristine beaches and balmy weather. But they have less in common when it comes to how their fiscal problems are likely to play out.
Puerto Rico Fails to Make Bond Payment, Pays Fraction of $58 Million  Newsweek
Puerto Rico Defaults On Debt For First Time  NBCNews.com
The Guardian  
Delta Bans Shipment of Wildlife Hunting Trophies as Freight
Delta Air Lines Inc. DAL 3.13 % on Monday said that it will no longer carry hunting trophies of lions, leopards, elephants, rhinoceros and buffaloes as freight.
Delta Air Lines says no to shipping hunting trophies  Los Angeles Times
Delta Air Lines bans freight shipments of lion hunting trophies  Washington Post
How the Dow Jones industrial average fared on Monday
U.S. stocks dropped on Monday as energy companies slid along with the price of oil. Crude fell to the lowest level since March on signs that supplies remained ample as demand was expected to weaken.
Weak oil prices, China worries drag Wall Street lower  The Globe and Mail
Stocks Start August In Slump On Oil, Overseas Worries  Barron's (blog)
Amazon Restricts Prime Membership, Only Lets You Share With One Friend
Do you share a Prime account with a friend or coworker? Now you'll have to share your credit card information with them, too. By Neal Ungerleider.
Sharing Amazon Prime benefits just got harder  WYFF Greenville
Amazon limits Prime sharing benefits to one other adult (updated)  Engadget
Sears' shares plunge after dismal same-store sales
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 Shares Plunge 10% As Billionaire Eddie Lampert Engineers First Profit ...  Forbes
Sears to Report First Profit Since 2012 Thanks to Real-Estate Gain  Wall Street Journal
Libor scandal: Former City trader Tom Hayes gets 14 years for rigging rates
Tom Hayes, a 35-year-old trader, has been sentenced to 14 years in prison after becoming the first person to be convicted by a British jury of rigging Libor rates following a trial at London's Southwark Crown Court.
Key quotes from the trial of Libor's Jesse James  The Australian Financial Review
Price of Fraud  The Times (subscription)
Treasury Sanctions Syrian Government's Energy Networks
The Treasury Department on Monday targeted 11 companies and individuals suspected of providing energy products the Syrian government of Bashar Assad is using in the conflict there.
US Puts Sanctions on Energy Networks Helping Syria  Wall Street Journal (blog)
US adds companies, individuals to Syria sanctions list | Reuters  Firstpost
Kraft Recalls Cheese Slices After Customers Choke on Packaging
Kraft Heinz Co. is voluntarily recalling about 36,000 cases of cheese slices after consumers reported choking on the packaging film.
Kraft is recalling cheese slices because people are choking on the wrappers  Telegraph.co.uk
Why a massive recall of Kraft Singles cheese slices? They could choke you.  Los Angeles Times
CompaniesTwitter shares close at record low
Twitter hit an all-time low on Monday as shares in the messaging platform continued to tumble following last week's disappointing user growth figures and another high profile departure from the company.
Twitter slides to record low amid growth concerns  CNBC
Twitter's stock just hit the lowest point since its IPO  Fortune
A Citadel subsidiary has been shut down in China's crackdown on “malicious ...
After a month of blaming Chinese stock market swings on a shadowy legion of “malicious” foreign short-sellers, the Chinese government might finally have found the culprit.
Volatility continues to dog mainland markets  South China Morning Post (subscription)
Lessons from China's troubled stock markets  Hindu Business Line