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U.S. markets news

London bankers face Brexit choice: lobby or leave
... * Europeans trying to clip City's wings after Brexit. * British banks lobbying to keep access to EU market. * Finance sector sets up group to decide strategy.
A third of voters think Brexit won't happen - poll  BBC News
After Brexit, Britain will not retreat  Washington Post
Bye-bye Airbnbs: Short-term rental owners 'reeling' after Anaheim says they ...
Two adjacent homes are used as short-term rentals in the Stoddard Park neighborhood in Anaheim. Mike Robbins, who lives in the neighborhood, said he's seen the home with more than a dozen cars in the driveway, spilling onto the street.
Anaheim, California, the Home of Disneyland, Bans Airbnb  Skift
Charleston to name task force on short-term rentals, study impact of ...  Charleston Post Courier
ISM Manufacturing Index Climbed to Highest Level in 16 Months
WASHINGTON—A gauge of U.S. manufacturing activity rose for the second straight month in June to its highest level since February 2015, putting the sector on stable footing for the second half of the year.
PMI� at 53.2%; June Manufacturing ISM� Report On Business�; New Orders ...  PR Newswire (press release)
U.S. Manufacturing Grows at Fastest Pace in More Than a Year  Bloomberg
US construction spending fell again in May
WASHINGTON - U.S. construction spending fell for a second month in May, with weakness hitting all areas of building. Construction spending declined 0.8 percent in May following a 2 percent tumble in April, the Commerce Department reported Friday.
US construction spending falls 0.8 percent in May  Business Insider
New Construction Spending Slips Nearly 1% in May  24/7 Wall St.
Records: Trump used charity cash for Tim Tebow memorabilia
WASHINGTON (AP) - A new report says Donald Trump used money from his own charity to purchase an autographed Tim Tebow helmet and jersey four years ago during a charity auction for the Susan J. Komen Foundation.
Report: Trump used $12K in charitable funds to buy Tebow jersey, helmet  Washington Examiner
Donald Trump overspent (other people's charity money?) on Tim Tebow gear  Comcast SportsNet Philadelphia
Williams Outgoing Directors Air Grievances with CEO
Two activist investors who resigned their seats on the board of Williams Cos. vowed to keep pushing for changes at the pipeline giant and aired their grievances with Chief Executive Alan Armstrong in letters released Friday.
Williams Cos. names new chair after 6 board members resign  FuelFix (blog)
6 Williams Cos. board members quit after failing to dump CEO  Tulsa World
GM, Toyota Sales Fell in June; Car Makers' Fast Pace May Be Slowing
The pace of growth in U.S. auto sales slowed in June as two of the biggest players reported declines, fueling doubt about the industry's ability to maintain its record clip.
F-series overcomes GM ad blitz, lifts Ford  Automotive News
9 reasons trucks and SUVs helped drive June auto sales  Detroit Free Press
US Auto Sales Expected to Hit Record in First 6 Months
DETROIT - U.S. auto sales may be slowing, but they're still expected to set a record in the first six months of this year. Sales through June were expected to be up 2 percent over last year to 8.66 million, according to Kelley Blue Book.
Car Shoppers Shrug Off Brexit Volatility in June  Fox Business
GM, Fiat Chrysler miss U.S. sales estimates; Nissan, Ford beat  Chicago Tribune
Fed's Stanley Fischer Says Brexit Implications Still Being Evaluated
Federal Reserve Vice Chairman Stanley Fischer said Friday the Fed will know more by its July meeting about the implications of the so-called Brexit vote for the U.S.
Fischer's Wait-and-See Approach Makes Case for No July Fed Hike  Bloomberg
UPDATE 1-Fed's Fischer watching how quickly Brexit unfolds - CNBC  Reuters
Honeywell Buys Supply-Chain Company in Return to Bite-Size Deals
Honeywell International Inc., blocked in an attempt at a record $90 billion takeover, is going back to its traditional pursuit of smaller deals with a $1.5 billion purchase of warehouse automation company Intelligrated.
Honeywell To Acquire Intelligrated, A Leader In Supply Chain And Warehouse ...  PR Newswire (press release)
Permira Funds to Sell Intelligrated to Honeywell for US$1.5 Billion  Business Wire (press release)