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U.S. markets news

G20 seeks to enhance trade growth in face of protectionism - China
SHANGHAI In the face of a "worrying" rise in protectionism, trade ministers from the world's major economies have agreed to cut trade costs, increase policy coordination and enhance financing, China's Commerce Minister Gao Hucheng said on Sunday.
Indian Consumers To Benefit As US Wins WTO Chicken Case  Forbes
India, US will weather trade disputes: Farrell  The Hindu
Business Insider  
Real Jobs Report: Tax Collections Data Suggest US Economy Barely Above Water
The boys and girls on Wall Street are now riding their bikes with no hands and eyes wide shut. That's the only way to explain Friday's lunatic buying spree in response to another jobs report that proves exactly nothing about an allegedly resurgent economy.
Payrolls Were Loud This Month, As Last  Seeking Alpha
Job Gains Top Expectations  StreetInsider.com
RPT-Aetna meets with Justice Department over merger with Humana
(Repeats story for wider distribution). By Caroline Humer and Diane Bartz. NEW YORK/WASHINGTON, July 8 Aetna Inc executives met with top Justice Department antitrust officials on Friday to convince the government that asset sales it proposed would ...
Big Insurers Defend $34 Billion Merger  Wall Street Journal
RPT-Aetna consults with Justice Department over merger with Humana  Stock Transcript
Gap Crushes It In June, And A Note Of Caution
Gap (NYSE:GPS) has been mercilessly punished in the past year or so, as its status as a dividend stock has recently been overshadowed by some pretty horrible numbers.
Why it could take years to fix Gap's pricing problem  CNBC
Old Navy helps boost Gap key sales figure; stock soars  HeraldNet
3 Terrible Reasons to Sell Amazon.com, Inc. Stock
Shares of Amazon (NASDAQ:AMZN) have soared nearly 70% over the past 12 months, extending its 250% gain over the past five years. After that big rally, some investors might be wondering if it's finally time to sell the stock.
Amazon: MKM Partners Says “Prime Flywheel” Appears to Be Gaining Hold  Bidness ETC
Amazon E-Commerce: North America Vs. International Markets  Trefis
Ash borer continues spread in Grey-Bruce
"We are starting to see exit holes in the trees in areas we hadn't seen them before so that tells us the pest is there," Donna Lacey, forestry technician at the Saugeen Conservation Authority, said Thursday.
Fanatical Botanical: Emerald ash borer spotted in Roanoke Valley  Roanoke Times (blog)
First case of Emerald Ash Borer confirmed in Oneida County  WKTV
Weekly U.S. Oil Rig Count: The Summer Of Drilling
An even larger increase in the horizontal rig count than last week, with new rigs concentrated in the Permian and in shale producing regions.
US oil drillers add rigs for 5th week in six -Baker Hughes  Reuters
Oil Rig Count Up by 10 Last Week, Hedge Funds Add to Short Positions  24/7 Wall St.
FOREX-Dollar dips as Fed unlikely to hike this year even with US jobs
(Adds comment, updates prices). * U.S. jobs surge in June to 287,000, briefly boosts dollar. * Euro falls to 2-week low; Swiss franc slides to 5-week trough.
Dollar falls as traders bet June jobs data won't push Fed to hike  MarketWatch
Dollar Falls After June Jobs Report  Wall Street Journal
Wendy's says more than 1000 restaurants affected by hack
NEW ORLEANS | Wendy's says the 1,025 U.S. restaurants where hackers stole credit and debit card information includes one in Louisiana, 17 in Alabama and 39 in Georgia.
Wendy's hacked in Georgia and Alabama  WRCB-TV
Essar Steel Minnesota files for Chapter 11 bankruptcy
The action was taken after Minnesota Governor Mark Dayton yesterday terminated Essar's lease agreements with the state on a massive taconite project that was expected to supply sister company Essar Steel Algoma.
State terminates mineral leases for Essar Steel  Washington Times
Essar files for bankruptcy after Dayton ends its bid to build Iron Range ...  Minnesota Public Radio News