THE WORLD'S FINANCIAL NEWS ON JUNE 23, 2015

Despite resistance by Greek lawmakers over the latest set of debt proposals from Athens, U.S. stock futures and European stocks continued higher this morning. Monday's rally pushed the Nasdaq to a new high. (CNBC) The European Central Bank has increased the amount of emergency liquidity that Greek lenders can draw on for the second time in two days. Depositors yanked an estimated $4.5 billion out of banks there last week. (AP) Japanese stocks rose to new 15-year highs overnight as hopes grew for progress on the Greek reforms-for-aid talks. Meanwhile, Chinese stocksended a volatile session sharply higher. (CNBC) Chinese fund manager Hillhouse Capital Group is leading an investment in Uber-purchasing bonds that convert into shares at a discount to the ride-hailing company's future IPO price. (WSJ) Facebook (FB) knocked Wal-Mart (WMT) out of the top 10 most valued companies in Monday trading. According to S&P, the retail giant has not ended a year off the list since 1997. (WSJ) Wal-Mart and Sears (SHLD) won't be selling products bearing the Confederate flag anymore. The decisions come a week after the deadly shooting at an African American church in South Carolina. (Reuters) Meanwhile, Gov. Nikki Haley, R-South Carolina, has called for the removal of the Confederate flag from the grounds of the state Capitol. Airbag maker Takata may have put profits before safety in a way that contributed to one of the biggest recalls ever, Democrats on a Senate panel said in a report ahead of a hearing today. (Reuters) General Mills (GIS) plans to remove all artificial colors and flavors from its cereals beginning with Trix, Cocoa Puffs, and Reese's Puffs by the end of 2015, following similar moves by other food makers. (Reuters) JetBlue (JBLU) is adding premium Mint service-its answer to first- and business-class seating-to transcontinental flights from Boston to San Francisco and Los Angeles next year. (Reuters) Amazon (AMZN) is overhauling the way it pays royalties to self-published authors on its e-book platform, by rewarding them based on the number of pages read. (CNBC) Backers of President Barack Obama's trade agenda are imploring key senators to stand by their previous votes when they revisit the issue in a showdown today. (AP) Bernie Sanders may have sparked talk of "Bernie-mentum," but the Vermont senator's Democratic presidential bid is going to need a whole lot more momentum to catch frontrunner Hillary Clinton, according to a new NBC/Wall Street Journal poll. (CNBC)

	BY THE NUMBERS

Economic reports out today begin with May numbers for durable goods orders at 8:30 a.m. ET, with forecasts calling for a 1.0 percent drop, which would match the April decline. The government is also out with new home sales at 10 a.m. ET, with economists expecting a 1 percent increase for May, following a strong April rise of 6.8 percent. Home rental prices are climbing across much of the United States, with the biggest gains coming from not from New York or San Francisco but Jackson, Mississippi, and Portland, Maine. Earnings out this morning include the latest quarterly numbers fromBlackBerry (BBRY), Carnival Corp. (CCL), and Darden Restaurants (DRI). There are no major companies set to report after today's closing bell. Sonic (SONC) late Monday issued adjusted earnings that matched expectations, with revenue slightly beating forecasts. But the restaurant chainwarned about its full-year outlook.

	STOCKS TO WATCH

Syngenta (SYT) has once again rejected Monsanto's (MON) $45 billion takeover bid, saying the offer undervalues the pesticide maker's business. Alibaba (BABA) is selling U.S. subsidiary 11 Main to online marketplace OpenSky, after its first major foray into the American online shopping market failed to gain traction. Oracle (ORCL) founder Larry Ellison said the company would expand its cloud-based offerings to more directly compete with Amazon. Ellison promised to compete with Amazon on price. Google (GOOG) has an additional opponent to its European practices: Getty Images, which has complained to the EU about Google's image-search service favoring its own over rivals like Getty.

	WATERCOOLER

Patriots quarterback Tom Brady is set to appeal his four-game Deflategate suspension today in New York in front of NFL Commissioner Roger Goodell. (USA Today) The U.S. has once again advanced to the quarterfinals of the Women's World Cup soccer tournament with a 2-0 win over Colombia last night. China is next up on Friday. (NBC Sports)