Rocky River Whole Foods
Whole Foods executives are admitting the chain has been overcharging customers in New York City stores, but promised it if ever happens again they'll give the food to customers for free.
(File photo)
Stock market news:
Stock futures are rising while European markets are mixed as uncertainty about Greece keeps investors cautious. Dow Jones futures are ahead 29 points, Nasdaq futures are up 9 points and S&P 500 futures are advancing 3.5 points. (CNN Money)
Asian stocks advanced for a third consecutive day today, helped by upbeat U.S. economic data, although weak Chinese stocks and Greece's standoff with its creditors capped gains. (Business Day Live)
The Swedish crown sank 1 percent today after the central bank in Stockholm surprised markets by cutting interest rates and saying it would pump more money into the economy, citing risks from Greece. (Reuters)
U.S. business news:
Whole Foods executives are admitting the chain has been overcharging customers in New York City stores, but promised it if ever happens again they'll give the food to customers for free. (CNN Money)
Tesla Motors beat its car-sales forecast for the second consecutive quarter with a 52 percent surge in the three months through June. (Bloomberg News)
U.S. businesses added jobs at a robust pace in June, a private survey found, evidence rising consumer spending and a healthy housing market are supporting more hiring. (Associated Press)
In a $6.8 billion healthcare deal, Centene, the Fortune 500 company specializing in providing services to Americans with no healthcare insurance or who are underinsured, will take over rival Health Net. (Financial Times)
Univision Holdings, owner of Spanish language TV network Univision Network, filed for an initial public offering of Class A common stock in the U.S. (Reuters)
Technology news:
An analyst who previously predicted Apple would sell 24 million Apple Watches during 2016 has significantly reduced this figure - to 21 million - following lukewarm reaction to the wearable. (Daily Mail)
Almost two years after its release, Windows 8.1 has finally surpassed XP in the desktop OS market. (CNET News)
Snapchat has rolled out some pretty major changes to its app, including a Tap to View update that means users no longer need to hold their thumbs down on the screen to view a Snap image or video message. (The Inquirer)
Xiaomi today said it sold 34.7 million smartphones in the first six months of 2015, casting doubt on the ability of China's most valuable tech startup to achieve its full-year target. (International Business News)
World business news:
Greece's outspoken finance minister said today he would resign if his country approves a referendum on Europe's bailout proposal, offering the clearest indication the government's future is on the line in the Sunday vote. (Washington Post)
China will receive cut-price supplies of GlaxoSmithKline's new HIV drug Tivicay, following a deal for Shanghai-based Desano Pharmaceuticals to become an additional manufacturer of the medicine's active ingredient. (Channel NewsAsia)
Royal Bank of Scotland said it had signed a referral agreement with BNP Paribas to support customers within its Global Transaction Services division. (Reuters)
Evergrande Taobao, the football club Chinese e-commerce titan Alibaba invested in last year, is seeking an initial public offering on China's nascent over-the-counter equity exchange. (Forbes)