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U.S. markets news

Dollar up on Fed rate bets, earnings lift shares
LONDON The dollar rose to its highest in more than three months and U.S. Treasury yields rebounded from two-month lows on Wednesday, after a Federal Reserve official said the central bank was close to raising interest rates.
Rand Pares Decline From 2001 Low as Fed Rate Outlook Dims Appeal  Bloomberg
Asian shares trade mixed on US rate rise talk  BBC News
Focus Taiwan News Channel  
Walt Disney Co. earnings: 5 things to know
Walt Disney Co., the world's largest entertainment firm, has turned in another strong fiscal quarter, setting a new record for quarterly profit.
Walt Disney posts record profit but cuts guidance  Irish Times
Disney's mixed results boosted by 'The Avengers'  Irish Independent
IMF signals doubts on renminbi
The International Monetary Fund has hailed China's progress on financial reform but said the renminbi still lags behind rivals on key metrics that determine whether the fund will formally endorse the redback as a reserve currency.
IMF hesitant to add yuan to its reserve currency basket  Deutsche Welle
At least 24 dead, more than 300 resuced after twin train derailments in India
At least 24 people died and hundreds were rescued after two passenger trains derailed nearly side by side as they crossed a bridge in central India late Tuesday night.
Twin trains veer off flooded bridge in India killing dozens  CNN International
WIPP Emergency Operations Center Deactivated
The WIPP plant has been closed since last February after a truck caught fire and a radiation leak. The transuranic waste that was being stored came from the Los Alamos National Laboratory.
Elevated radiological readings reported at WIPP, no sign of radiation ...  KOB.com
Rajan Presses Modi on India Reform, Rebuts Inflation Sniping
India central bank Governor Raghuram Rajan, under pressure from government officials to ease up on inflation concerns, turned the focus back to fiscal and regulatory reforms that the Modi administration has struggled to put in place.
Rate cut could have stoked inflation, yielded little  Moneycontrol.com
Raising interest rates with zero inflation is a hard sell  Reuters
GE Plans App Store for Gears of Industry
General Electric has seen the future of manufacturing and it involves competing with some very big technology companies. G.E. is announcing on Wednesday a push into computer-based services, connecting sensors that are on machines to distant ...
GE Adds Infrastructure Services To Internet Of Things Platform  TechCrunch
GE launches cloud for the industrial Internet  PCWorld
Standard Chartered Halves Dividend as Profit Falls
LONDON— Standard Chartered STAN 5.29 % PLC on Wednesday said it would halve its dividend to save capital as it posted a sharp fall in first-half net profit, underlining the challenge faced by new Chief Executive Bill Winters to get the bank back on track.
Standard Chartered cuts dividend in half as profits dive  Telegraph.co.uk
Standard Chartered profit tumbles  BBC News
Toyota Motor Q1 net profit jumps 10 pct, beats estimates
TOKYO Aug 4 Toyota Motor Corp posted a 10 percent rise in first-quarter net profit on Tuesday, beating analyst estimates, as costs cuts and currency gains made up for weaker global vehicle sales.
Cheap yen, cost cuts give Toyota a boost  CBS News
Netflix offers employees unlimited parental leave
Mums and dads working for Netflix in the USA will now get “unlimited” parental leave for the first year of their child's life, the company has announced.
Netflix Gives Employees Unlimited Maternity/Paternity Leave  Netflix Life
Netflix will allow employees 'unlimited' leave after their child' ...  Daily Mail