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U.S. markets news

Apple: You can have taxes or you can have jobs, but you can't have both
Apple's official statement on the EU ruling against its Irish tax arrangements tells you all you need to know about what is at stake: You can have taxes, or you can have jobs, but Apple is in no mood to deliver both.
Tim Cook responds to $14.5B Irish tax bill with open letter, says decision ...  AppleInsider (press release) (blog)
Apple's $14.5 Billion EU Tax Ruling: What You Need To Know  Bloomberg
BBC News  
US home price gains ease in June: S&P/Case-Shiller
The pace of U.S. home price gains slowed in June from the previous month, but strong appreciation in the West and South kept growth above the two-year average, according to a monthly report.
Home Prices in 20 U.S. Cities Climbed 5.1%, Led by Northwest  Bloomberg
Case-Shiller home prices fall for a 3rd straight month  Business Insider
Dollar firm near two-week high, investors seek more guidance on rates
U.S. dollar notes are seen at a Kasikornbank in Bangkok, Thailand, May 12, 2016. REUTERS/Athit Perawongmetha. By Anirban Nag | LONDON.
A Call to Keep The Fed's Balance Sheet Big Tops This Week's Economic ...  Bloomberg
Dollar Strengthens, Global Stocks Gain  Wall Street Journal
Abercrombie & Fitch no longer expects results to improve this year
An Abercrombie & Fitch store is pictured on 5th Avenue in the Manhattan borough of New York, U.S., May 23, 2016. REUTERS/Carlo Allegri.
Abercrombie's slump sends stock tumbling  USA TODAY
Abercrombie Shares Fall After Tourism Decline Weighs on Results  Bloomberg
Ritchie Bros. Auctioneers (RBA) to Acquire IronPlanet in $758.5M Deal
Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here. Ritchie Bros. Auctioneers Incorporated, the world's largest industrial auctioneer and a leading equipment distributor (NYSE: RBA), and IronPlanet, a leading ...
Ritchie Bros. and Caterpillar Inc. Announce Strategic Alliance  PR Newswire (press release)
E-commerce Site IronPlanet Is Sold For $758 Million  Fortune
Hershey (HSY) Stock Tumbles on Dropped Mondelez Bid
Mondelez (MDLZ) said yesterday there's 'no actionable path forward' toward an acquisition agreement with Hershey (HSY).
Mondelez Abandons Pursuit of Chocolate Maker Hershey  Newsmax
The Market In 5 Minutes: Apple feeling some summer heat  Detroit Free Press
United Completes Leadership Revamp With a Surprise Pick
The departure 11 months ago of former United Continental Holdings Inc. Chief Executive Officer Jeff Smisek revealed a significant weakness in the carrier's corporate suite: Its bench had become exceedingly sparse.
United Continental Hires Scott Kirby as President, Stock Up  Zacks.com
American's No. 2 executive departs for United Airlines  Charlotte Observer
Walgreens Forms Alliance With Prime Therapeutics
Walgreens Boots Alliance Inc. WBA 1.21 % has struck a partnership with Prime Therapeutics to help it capture a greater share of the prescription-drug market and better compete with CVS Health Inc. CVS -0.19 %. On Monday, Walgreens announced it is ...
Walgreens creates strategic alliance with PBM Prime Therapeutics  Pharmacy Today, American Pharmacists Association, pharmacist.com
Prime Therapeutics, Walgreens to form pharmacy alliance  Minneapolis Star Tribune
Iowa at Center of Debate Over 'Shadow Insurance' Deals
Life insurance companies are setting up 'shadow insurers' to take on some of their liabilities and free up some of their reserves.
Insurance rate hikes approved for thousands of Iowans  DesMoinesRegister.com
Iowa approves rate increases for three insurers  The Gazette: Eastern Iowa Breaking News and Headlines
Stocks jump as Dow, S&P 500 breaks 3-day losing streak
U.S. stocks closed higher Monday and the Dow broke a 3-day losing streak even as investors continue to calculate the odds of a Federal Reserve interest-rate hike later this year.
Deflate This: Dow Gains 107 Points as Inflation Data Ease Fed Concerns  Barron's (blog)
Close Update: US Stocks Higher as Financials Gain on Rate Hike Speculation  Nasdaq