New York Times

Berkshire Hathaway Makes a $9 Billion Bid for Energy Future Holdings
New York Times
Warren E. Buffett's Berkshire Hathaway has made $9 billion bid for Energy Future Holdings. Credit Shannon Stapleton/Reuters. The fate of a giant Texas power company that has spent nearly a decade in financial distress lies in a potential battle between
Warren Buffett has invested billions in Texas, and is at it againCNBC
Exclusive: Elliott explores bid to challenge Buffett's Oncor deal – sourcesReuters
3 Reasons Berkshire Hathaway Inc. Stock Could FallMotley Fool
Bloomberg –MarketWatch –Fox Business –mySanAntonio.com
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CNN

Unruly Delta passenger tried to open exit door in flight, complaint alleges
CNN
Seattle (CNN) An unruly passenger who authorities say was trying to open an exit door on a Delta Air Lines flight to Beijing fought with the cabin crew and a passenger and was conked over the head by a flight attendant with two wine bottles, a criminal …
Delta flight attendant smashes wine bottle over disruptive passenger's headABC News
Wild scuffle breaks out on Delta flight as unruly passenger tries to open emergency exit, assaults flight attendantNew York Daily News
Plane returns to Seattle after assault on flight attendantFox News
Fortune –fox2now.com –Q13 FOX –HuffPost
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Reuters

UPDATE 2-Sears to close 43 more stores to cut costs
Reuters
CHICAGO, July 7 (Reuters) – Sears Holdings Corp is closing eight of its namesake department stores and 35 Kmart locations to cut costs and square footage in an effort to return to profitability, Chief Executive Officer Eddie Lampert said on Friday. The
Kmarts in Toledo, Monroe to closeToledo Blade
Anderson Kmart, 3 Sears in Indiana on company's closing listWISH-TV
Springfield plaza owners say Kmart wasn't in long-term plans anywayMassLive.com
OregonLive.com –Press-Enterprise –ABC News –WLS-TV
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Seeking Alpha

Takeaways From The Amazon / Whole Foods Deal
Seeking Alpha
In a SEC filing, Whole Foods (NASDAQ:WFM) detailed just how the buyout offer came about from Amazon (NASDAQ:AMZN). Let's take a look at the facts and then try to read between the lines of what was disclosed. If nothing at all, this document lays out
Amazon cornered Whole Foods into not seeking more bids, filing showsNew York Daily News
Amazon-Whole Foods deal was far from 'love at first sight'New York Post
Inside the tense Amazon-Whole Foods negotiations: How they settled on $42 per shareAustin Business Journal
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Business Insider

Facebook is building a village that will include housing, a grocery store and a hotel
Business Insider
Billions of people spend a lot of time living their lives on Facebook's social network. Now Facebook wants to try its hand at creating a community in the real world. The internet giant wants to build housing, retail stores, a hotel and more at its
Facebook campus expansion includes offices, retail, grocery store, housingThe Mercury News
Facebook to Build Housing in Silicon Valley for First TimeNew York Times
Facebook Is Building a Massive 'Mixed-Use Village' in California. Here's What It Will Look LikeFortune
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Washington Post

Job growth surged in June
Washington Post
The U.S. labor market rebounded in June, new government data showed Friday, as employers surpassed the expectations of most economists by adding 222,000 jobs. The unemployment rate ticked up to 4.4 percent, from 4.3 percent in May, but it did so for a …
Americans Lured Off Job Sidelines May Also Limit Pay GainsBloomberg
US Employers Add Strong 222K Jobs; Jobless Rate at 4.4 Pct.U.S. News & World Report
As job growth soars, these sectors are seeing the biggest gainsCNBC
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CleanTechnica

Tesla's Alien Dreadnought Has A Special Day — Model 3 Production Begins
CleanTechnica
Editor's Note: Tesla Model 3 production is supposed to begin today. No, the Tesla Fremont factory will not be pumping out Model 3 electric cars in the hundreds or thousands today. However, the people and machines that will hopefully be doing so in one
Opinion: Does Tesla's plunge signal the end for growth stocks?MarketWatch

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NBCNews.com

Qualcomm steps up fight against Apple
MarketWatch
Qualcomm Inc. is asking federal trade authorities to block imports of some iPhones and iPads, opening a new front in its dispute with Apple Inc. and exposing both companies to further risks to their most profitable businesses. Qualcomm said it plans to
Qualcomm Sues Apple: Smart Move, or a Door to Intel? Asks StreetBarron’s
Qualcomm Sues Apple Inc. As Intimidation Appears At PlayValueWalk
Some iPhones may face US ban in Apple-Qualcomm legal tussleCNET
Investorplace.com –qualcomm.com –Qualcomm
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Los Angeles Times

Hobby Lobby to pay $3 million fine, forfeit ancient artifacts
CNN
(CNN) Hobby Lobby agreed to forfeit thousands of artifacts from modern-day Iraq and pay a $3 million fine to resolve a civil action the Justice Department brought against the company, according to court documents. The DOJ said the company received the …
Hobby Lobby fined $3 million for artifacts smuggled from IraqWashington Post
Hobby Lobby to forfeit illegally smuggled Iraqi artifacts in settlement with US Department of JusticeCNBC
Hobby Lobby Fined $3 Million Over Smuggled Iraqi ArtifactsBloomberg
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CNBC

Alibaba among investors as Chinese bike sharing startup Ofo raises $700 million in fresh funds
CNBC
Investors included Alibaba Group, Hony Capital and CITIC Private Equity, the bike-sharing company said. Ofo CEO Dai Wei told CNBC in April that his company was worth more than $2 billion. Saheli Roy Choudhury | @sahelirc. 1 Hour Ago CNBC.com.

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