North America

Gas station

Oil slides in thin trade on rising U.S. rig count

Oil prices dropped on Friday as a rising U.S. rig count stoked more concerns about global oversupply while an investigation by Chinese regulators into suspected stock market manipulation further unsettled the market.

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JetBlue Airways aircraft

JetBlue launches New York-to-Havana charter flights

JetBlue Airways Corp said it began direct charter flights between New York and Havana on Friday, the first major U.S. carrier to fly the route following U.S. President Barack Obama's decision in December to normalize relations with the Communist-ruled island.

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HTC

HTC Desire Eye on AT&T to receive Android 5.0 update; Other HTC models to follow throughout 2015

Owners of the HTC Desire Eye smartphone on AT&T with Android 4.0 and higher should finally be getting a total system update to Android 5.0 in the following days, HTC has confirmed.

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Fiat Chrysler Automobiles

Fiat Chrysler executive acknowledges recall issues, vows improvement

Fiat Chrysler Automobiles NV has fallen short on the execution of auto safety recalls and is working to improve its recall procedures and establish best practices, a senior executive with the automaker said on Thursday.

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Healthcare

Health insurer Centene adds muscle with $6.3 billion Health Net deal

U.S. health insurer Centene Corp will buy smaller rival Health Net Inc for $6.3 billion, underscoring the healthcare industry's rush to bulk up to negotiate better prices with suppliers and hospitals, and attract new customers.

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Macaroni and ketchup merger

Heinz completes Kraft purchase, Buffett joins board

H.J. Heinz Co on Thursday completed its purchase of Kraft Foods Group Inc, creating the third largest food and beverage company in North America and fifth largest worldwide.

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Traders

Wall St. edged down on Greece worries, tepid U.S. data

U.S. stocks closed down slightly on Thursday after the International Monetary Fund warned Greece ahead of its Sunday referendum that it faces a huge financial hole, and mixed jobs data dampened the U.S. economic outlook.

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PayPal

PayPal to buy digital money transfer provider Xoom

PayPal Inc said it would buy digital money transfer provider Xoom Corp (XOOM.O) for $890 million as it muscles into a growing international remittance market and expand in countries like Mexico, India and China ahead of a spinoff from eBay Inc (EBAY.O).

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U.S. employment

U.S. hiring seen solid in June, keeping September rate hike in play

U.S. job growth likely cooled a bit in June after reaching a five-month high, but still-healthy hiring would suggest the labor market is strong enough to support a September interest rate increase by the Federal Reserve.

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Oil Tanker

U.S. light oil exports double in May, mostly to Europe

U.S. exports of ultra-light crude, also known as condensate, have doubled since the start of the year, with most shipments headed to Europe, according to traders familiar with the deals and data from an energy consultant.

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Oil drilling rig

Oil hits three-week lows as Greek crisis worsens; eyes on Iran

Crude futures hit 3-week lows on Monday as Greece shut its banks and imposed capital controls, causing widespread risk aversion, while Iran looked likely to extend nuclear negotiations with the West to export more of its oil into an oversupplied market.

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Microsoft

Microsoft hands display ads to AOL, maps to Uber

Microsoft Corp (MSFT.O) said on Monday it will hand over its display advertising business to AOL Inc and AppNexus Inc, and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations.

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Traders

Wall St. tumbles as investors flee equities on Greek debt crisis

U.S. stocks fell sharply in heavy trading on Monday and the S&P 500 and the Dow had their worst day since October after a collapse in Greek bailout talks intensified fears that the country could be the first to exit the euro zone.

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General Electric

Element to buy majority of GE Capital's fleet ops for C$8.6 bln

Canada's Element Financial Corp (EFN.TO) said it will buy General Electric Co's (GE.N) fleet management operations in the United States, Mexico, Australia and New Zealand for C$8.6 billion ($6.98 billion) in cash.

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Traders

U.S. futures fall as Greek crisis worsens

U.S. stock index futures fell around 1 percent on Monday as fears that Greece could be the first country to exit the euro zone intensified after bailout talks with lenders broke down over the weekend.

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