San Francisco Chronicle

California's unemployment rate rises for first time since 2010
San Francisco Chronicle
An Aarrow Sign Spinners representative spins a "Job Fair Today" sign during a Choice Career Fair in Los Angeles, California, U.S., on Wednesday, June 22, 2016. The U.S. Department of Labor is scheduled to release initial jobless claims figures on June 23.
Ohio gained 12400 jobs in June; unemployment rate 5.0%cleveland.com
California's latest jobs report shows big gains in LA County, mixed gains for Inland EmpireSan Bernardino County Sun
California, Sacramento unemployment rates climbSacramento Bee
89.3 KPCC –The Turlock Journal –Toledo Blade –Fresno Bee
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Wall Street Journal

Hershey Trust to Reach Settlement With Pennsylvania Attorney General's Office
Wall Street Journal
Hershey Co.'s largest shareholder—a trust that oversees billions of dollars for a local, nonprofit school—has agreed to make significant governance changes that could affect the future of the chocolate company, according to people familiar with the
Hershey Trust Reaches Tentative Deal With Pennsylvania on GovernanceNew York Times
Attorney general, Hershey Trust reach tentative dealPhilly.com
Hershey Trust, AG office agree to changes 1 week before deadlinePennLive.com
Allentown Morning Call –Reuters –Stock Transcript –FOX43.com
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Wall Street Journal

Verizon Nears $5 Billion Deal for Yahoo's Internet Businesses
Wall Street Journal
Verizon Communications Inc. VZ 1.32 % is close to paying around $5 billion to buy Yahoo Inc. YHOO 1.36 % 's core business, people familiar with the matter said, absorbing a company that helped usher in the internet age but surrendered most of the
UTA's Jay Sures Says VP Pick Tim Kaine Is a "Home Run"Hollywood Reporter
Verizon Still an Ad Laggard to Google, Facebook After Yahoo DealBloomberg
Yahoo sale nears end, Verizon reportedly in the leadCNNMoney
The Boston Globe –TechCrunch –Alaska Dispatch News –VentureBeat
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Economic Times

UPDATE 3-EU approves Monsanto, Bayer genetically modified soybeans
Reuters
… * Europe key market for North American soybeans. * GMOs are a focus of environmental campaigners. * Authorisation for feed, food use but not cultivation (Recasts throughout; adds ADM comment, analyst comment, Monsanto share prices). By Karl Plume.
Monsanto Wins EU Nod for New Biotech SoybeansWall Street Journal
Monsanto (MON) Stock Up After EU Approves Biotech Soybeans ImportTheStreet.com
EU approves imports of genetically modified Monsanto soybeansRT
High Plains Journal –Northwest Arkansas News –Farm and Ranch Guide –St. Louis Business Journal
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Atlanta Journal Constitution

American Airlines' profit, revenue clipped by falling fares
Atlanta Journal Constitution
Want more news? Sign up for free newsletters to get more of the AJC delivered to your inbox. FORT WORTH, Texas — Compared with their checkered track record, major airlines are enjoying boom times. Planes are full, and jet fuel is still much cheaper
Boom times for big US airlines: $3.9 billion in 2Q profitsOmaha World-Herald
American Says Actions Against Discount Airlines Paid OffSkift
Enjoy your cheap summer airfares. You'll pay more next year.Chron.com
WFAA.com –Seeking Alpha
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Reuters

American Air defers aircraft delivery, profit beats estimates
Reuters
American Airlines Group Inc (AAL.O) reported a better-than-expected quarterly profit as fuel costs fell and the world's largest airline said it would defer taking delivery of 22 Airbus planes to be able to adjust capacity according to demand. American
Traveling costs likely to take offThe Mercury News
American Airlines Expects European Routes to Suffer From OvercapacityWall Street Journal
Wide-Bodies' Luster Is Tarnished as American Defers Airbus JetsBloomberg
The Seattle Times –Seeking Alpha –Business Insider –USA TODAY
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Fox Business

Why Softbank Is Buying ARM for $32B
Fox Business
Since founding Softbank in 1981, Masayoshi Son has been known to take enormous risks, most of which have paid off. Today, he's chairman and CEO of a global telecom and Internet giant valued at close to $60 billion and is the second richest man in Japan …
Honda teams with Softbank to build a car that reads emotionsStuff.co.nz
Masayoshi Son: The unrepentant visionaryFinancial Times
SoftBank's Bet on ARM Holdings Is All About the Internet of ThingsMotley Fool
EE Times –Wall Street Journal –VentureBeat –The Verge
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KHOU.com

As summer heats up, gas prices stay cool
KHOU.com
Even with the peak travel season in full swing, gasoline prices are stuck in reverse. Gas prices have plunged to their lowest July level in 12 years, according to AAA, even as Americans are racking up more miles. In fact, gas prices have dropped in 39
AAA Mid-Atlantic: Gas Prices Drop to Lowest Level for July Since 2004WSLS
Statewide prices drop a bit in latest gas surveyThe Killeen Daily Herald
Virginia gas prices now below $2 per gallonRoanoke Times
fox5sandiego.com –Patch.com –Cars.com News –MyStatesman.com
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MarketWatch

The Search for the Elusive Natural Interest Rate
Bloomberg
Financial markets are remarkably strong in a world roiled by terror attacks, a coup attempt in Turkey, murders of police officers in the U.S., and Britain's historic vote to leave the European Union. The S&P 500 set a record on July 20 for the sixth
Dollar hits 4-month high as investors focus on FedMarketWatch
U.S. Dollar Index soars to fresh 4-month highs, with Fed meeting on tapNasdaq
I told you so.Quartz
BK Asset Management –The Fiscal Times –The Australian –Seeking Alpha
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This week’s GreenBiz 350 podcast: Turning Tequila byproducts into car parts; Apple banks on forests; big-time investors back on renewables; and the future of food.