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U.S. markets news

Honda Motor Profit Driven Higher by SUV Sales in US and China
TOKYO— Honda Motor Co. HMC 0.70 % 's first-quarter profit rose 19.6% from a year earlier, backed by a weaker yen and strong sales of sport-utility vehicles in the U.S.
Honda Profit Beats Estimates as China Offsets Recalls  Bloomberg
Honda records 20 pct profit rise on yen, despite recalls  Washington Post
Asia shares face July drop on worst China loss in six years
SINGAPORE/TOKYO Asian shares inched higher on Friday but were still set to post a loss for July, led by China's biggest monthly drop in six years.
Asian equities open mixed on soft US lead, Japan data  CNBC
Asian shares edge up, wary of China volatility  Hindu Business Line
China Rebound, Other Asian Markets Mostly Up After US Data
SEOUL, South Korea - China's stock market rebounded while other Asian stocks also mostly gained Friday after data showed the U.S.
Fed's 'nearly balanced' language no bar to September rate rise  Reuters
Fed watches for economic gains  Northwest Arkansas News
LinkedIn Posts Jump in Quarterly Revenue on Recruiting Business
LinkedIn Corp, operator of the biggest social networking site for professionals, reported a better-than-expected 33 percent rise in quarterly revenue on Thursday, driven by strong growth in its business serving recruiters.
LinkedIn shares slip on concerns Lynda buy masks a slowdown  Livemint
LinkedIn beats Wall Street's expectations in the second quarter  San Jose Mercury News
SoulCycle files for IPO
SoulCycle, the fitness company with a cult-like following, says "We aspire to inspire." On Thursday, SoulCycle aspired to raise a whole lot of cash.
The Fitness Chain SoulCycle Files for an Initial Public Offering  New York Times
SoulCycle working out IPO deal  New York Post
Rebound in US economy sets stage for Federal Reserve rate hike
The economy's total output of goods and services grew at a respectable annual rate of 2.3 percent in the April-June quarter. By Martin Crutsinger The Associated Press.
GDP grew at 2.3% rate in 2nd quarter; 1st-quarter growth revised upward  Los Angeles Times
US economy expanded at 2.3pc annual rate in June quarter  Sydney Morning Herald
Worms in water cause alarm in tiny town
No one seems to know how worms got in the tap water, but residents in Old River-Winfree, a town of about 1,400 people 25 miles east of Houston, are drinking from bottles this week.
Texas town plagued with 'little red worms' in the tap water  Digital Journal
Worms found in Texas neighborhood's drinking water  WBIR-TV
5 cities that will get the cheaper, 'millennial' version of Whole Foods
Stores in Los Angeles's neighborhood of Silver Lake are about to get some competition from Whole Foods. By. SallyFrench. Social media editor.
Whole Foods to take on Trader Joe's in LA with smaller stores  Los Angeles Times
Whole Foods: Sales hurt by bad publicity from overcharging  Barre Montpelier Times Argus
Power restored in Long Beach except for about 400 customers
For the second time this month, thousands of customers in Long Beach lost power after an underground electrical vault ignited and exploded Thursday afternoon, sending manhole covers flying.
Long Beach Residents Losing Patience After Experiencing Another Power Outage  CBS Local
Most in Long Beach get power back after electrical fire  San Jose Mercury News
Airbus Profit Rises on Higher Plane Deliveries; Keeps Target
Airbus Group SE reported a 15 percent gain in second-quarter profit on higher deliveries of civil airliners including its workhorse A320 single-aisle model.
Airbus Group profits up 34% in first half 2015  THE BUSINESS TIMES
Airbus first-half profit rises, takes new A400M charge  Reuters UK