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U.S. markets news

Britain's exit from EU sends global economies into tailspin
The global economy faces months - if not years - of slower growth as Britain's stunning decision to abandon the European Union threw financial markets into a tailspin and darkened the outlook for corporate and consumer spending.
Brexit Prompts Market Turmoil; Stocks Plunge Around Globe  Voice of America
Boston real estate could benefit from Brexit  The Boston Globe
Worst day in 10 months as Wall Street reacts to 'Brexit'
NEW YORK The S&P 500 turned negative for the year-to-date on Friday as Wall Street suffered its largest selloff in 10 months after Britain's decision to leave the European Union caught traders wrong-footed.
Europe|Overwhelmed by 'Brexit'? Here Are the Basics  New York Times
Brexit Backlash: Dow Closes Down More Than 600 Points
Frankfurt or bust? Wall St. bankers in London ponder life post Brexit
NEW YORK/LONDON/FRANKFURT Big Wall Street banks are scouring Europe to find a new home for their traders, bankers and financial licenses now that London is on shaky ground as the region's preeminent financial hub.
Brexit 'Extraordinarily Dangerous' for U.S. Banks  American Banker
EU referendum: What next for the world's central banks?  BBC News
15 US stocks get absolutely crushed by 'Brexit'
The United Kingdom's decision to pull out of the European Union is sending global markets sharply lower. But the pain is being felt hardest by a handful of companies most exposed to the decision.
Price Target Update on BorgWarner (NYSE:BWA)  Market Digest
Travel|How 'Brexit' Will Affect Travel to Europe
The view from the London Eye ferris wheel. Credit Tom Jamieson for The New York Times. In the height of the summer travel season, Britain voted to exit the European Union, scrambling markets as well as the political picture.
Markets and Political Surprise  Wall Street Journal
Brexit vote may affect both the cost and complexity of European travel for ...  MarketWatch
New Yorker's take on Brexit: 'Silly Walk Off a Cliff'
“Bull markets” -- that is, times when stocks are rising or expected to rise -- “are about cooperation,” Jeffrey Gundlach, chief executive of downtown Los Angeles money manager DoubleLine, said Friday.
DoubleLine Will 'Take Advantage of Dislocations' After Brexit  Bloomberg
DoubleLine's Gundlach says sold all of its European equities position
Energy Transfer Cleared to Walk Away From Williams Takeover
Billionaire Kelcy Warren just won a huge hand in the biggest M&A poker game he's ever played in the U.S. oil patch. Eighteen months after Warren's Energy Transfer Equity LP began talks to acquire rival pipeline giant Williams Cos.
Court says ETE can walk away from $20 bln Williams takeover  Reuters
Energy Transfer Can Escape Williams Takeover, Judge Rules -- 2nd  Nasdaq
Breitling's 'Frack Master' bilked investors out of $80 million, SEC says
Chris Faulkner, of Breitling Oil and Gas, spoke before the Denton City Council as it considered a fracking ban in July 2014. Joyce Marshall Star-Telegram.
SEC Sues 'Frack Master' for Investor Cash Spent on Strippers  Bloomberg
SEC accuses Breitling CEO, others, of $80 million fraud
Qualcomm helps fuel mobile patent wars in China
Qualcomm sued a Chinese smartphone maker backed by billionaire Jack Ma's Alibaba shopping site, accusing it of using its technology without a license.
Qualcomm Sues China's Meizu for Patent Infringement  PC Magazine
Qualcomm Gets Tough with Meizu: Right Time to Bring the Heat, Says Cowen  Barron's (blog)
Read President Obama's Remarks on 'Brexit' and Globalization
President Barack Obama said Friday that the U.K. vote to leave the European Union would not change the “special relationship” the country has with the United States.
Obama, Zuckerberg, Pichai preach entrepreneurship at conference  USA TODAY
The Latest: Delegate files suit to avoid voting for Trump  McClatchy Washington Bureau