All the news you need in one place. Updated throughout the day.
It’s jobs week in the U.S. Analysts expect the Labor Department to announce on Friday that nonfarm payrolls in July expanded by 212,000 and that unemployment will remain unchanged at 5.3%. The earnings season continues apace: Disney and Zillow report on Tuesday and Splunk on Wednesday. Complete calendar here. Meanwhile, marketwatchers are expecting an ugly open for stocks in Greece on Monday. The stock exchange has been closed for five weeks. Here’s what else you need to know:
Trump the top dog in crowded Republican primary; Vice President Biden mulls a bid for Democratic nomination. The new WSJ/NBC poll gives Donald Trump an edge, with 19% saying they support the colorful real estate mogul, followed by Wisconsin Governor Scott Walker (16%), and Jeb Bush (14%). Meanwhile, Joe Biden has reportedly quietly discussing whether he should run for the democratic nomination. The NY Times reports that Biden’s son Beau, who recently passed away from brain cancer, urged his father to go for it. Wall Street Journal (paywall) New York Times (paywall)
The White House gives the nod to airpower in Syria. The air force would be called in if the U.S.-backed forces in Syria come under attack. The U.S. is hoping this will help attract recruits to the battle. Wall Street Journal (paywall)
Obama plans on introducing tough regs to slow climate change. The new rules, to be unveiled Monday, will focus on curbing carbon pollution from 600 coal-fired plants in the U.S. The regs would shut down 100s of the plants and thwart new building. The Verge, Facebook (video)
The piranhas are circling Twitter. Wall Street is waiting for the stock of the beleaguered microblogging company to drop just a touch more before pouncing. Possible buyers: Google, Facebook, Apple, or Microsoft. The stock tanked 15% last week after the CFO said growth would be subdued. Even after the drop in price, Twitter is trading 12.8 times trailing sales vs 6.2 for Google. The company went public November 2013 at $26/share andsurged past $45 before fading to $30. Business Insider
Is a Hong Kong mogul signaling a top to the Chinese real estate market? Billionaire Li Ka-shing has put up for sale the Century Link and Century Link Tower for an estimated $2.6 billion, according to unnamed sources. The shopping mall and twin office towers are in Beijing. In the past two years, Li has sold five office buildings and shopping malls. Wall Street Journal (paywall)
Citadel suspended from trading in China. The China Regulatory Securities Commission is hunting down “malicious” short-sellers and has fingered 24 accounts, including a Citadel unit that trades futures on the Shenzen exchange. A Chinese-backed newspaper further insinuated that former Federal Reserve Chairman Ben Bernanke, an advisor to the high frequency trading firm, somehow knows about the shorts. Nikkei Asian Review, Twitter
Mark Karpeles, head of bankrupt Bitcoin exchange, arrested in Japan. Half a billion dollars have disappeared from Mt. Gox. New York Times (paywall)
A Memphis policeman was shot and killed during a routine traffic stop. The Memphis police have detained “a person of interest” in the death of Sean Bolton, 33. USA Today
Photo: Gage Skidmore