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U.S. markets news

Elon Musk Faces Cash Squeeze at Tesla, SolarCity
Two pillars of Elon Musk's empire are facing financial crunches as the entrepreneur seeks to combine the two companies through a controversial acquisition.
Tesla plans for update of Autopilot  Houston Chronicle
Musk talked merger with SolarCity CEO before Tesla stock sale  Chicago Tribune
Buffalo News  
Hanjin Shipping's collapse upsets global trade
The collapse of South Korea's Hanjin Shipping sent ripples though global trade on Thursday, as the country's largest port turned away its ships and as some manufacturers scrambled for freight alternatives.
Hanjin Ships Get Stranded in High Seas, Roiling Supply Chain  Bloomberg
Hanjin Shipping Upsets Global Trade After Seeking Protection From Creditors  Wall Street Journal
AP reporter returns to Cuba on 1st commercial flight from US
JetBlue flight 387 passengers hold up representations of Cuba's national flag, just before touching down at the airport in Santa Clara, Cuba, Wednesday, Aug. 31, 2016.
US commercial flights take off for Cuba after more than half-century  fox2now.com
Historic commercial flight from US to Cuba set to take off  Business Insider
Most Asia markets open lower, weighed by fresh drop in oil prices
Asia markets were mostly lower on September's first trading day, with sentiment weighed by sharp overnight declines in oil prices and as traders shrugged off a better-than-expected reading on China's manufacturing sector.
Asian Shares Weaker, With All Eyes on US Jobs Report  Wall Street Journal
Asia shares slip, crude steadies; US jobs in focus  Reuters
Mike Andres to retire as president of McDonald's USA
Mike Andres, president of McDonald's Corp.'s U.S. division and a key figure at the forefront of the chain's domestic turnaround over the past 18 months, is retiring at the end of the year, the company said on Wednesday.
McDonald's Has Lost the Mastermind of Its Epic U.S. Turnaround  TheStreet.com
McDonald's taps relative outsider to lead key US business  U.S. News & World Report
Former Air China Manager Charged With Smuggling in US for Chinese Military
Prosecutors charged a former Air China Ltd. AIRYY 0.48 % manager Wednesday with smuggling packages out of the U.S. to China on behalf of Chinese military officials stationed at the country's New York-based mission to the United Nations, the latest turn ...
Ex-Air China worker charged by US for smuggling for Chinese military  Reuters
Ex-airline manager in U.S. accused of smuggling for Chinese military  CNNMoney
Walmart names its 25 hottest toys for holidays: Get in line now
A racing play set, a Disney princess carriage and a drone are among Walmart's top toy picks for the upcoming holiday shopping season.
'Star Wars' redux: Wal-Mart bets on familiar names this holiday  CNBC
What's on Kids' Holiday Toy Wish Lists? Walmart Unveils its Top Toys ...  Business Wire (press release)
Why the Fed probably won't like the jobs report Friday
August has disappointed the market nine of the last 12 years and is usually followed by substantial revisions. Jeff Cox | @JeffCoxCNBCcom.
Jobs report seen as key to Fed rate decision  USA TODAY
Nothing Wrong With Service Jobs - ADP Payroll Report Up 177000 Jobs  Forbes
Australia Sues Volkswagen Over Emissions Claims
MELBOURNE, Australia—Australia's consumer watchdog is suing Volkswagen AG VLKAY -0.38 % for misleading consumers and allegedly concealing software in tens of thousands of vehicles to cheat emissions testing.
Australia sues Volkswagen unit over alleged emissions fraud  BBC News
Volkswagen taken to court by Australian consumer watchdog over diesel ...  Stuff.co.nz
Asia Manufacturing Shifts Into Gear
Could Asia's manufacturing sector finally be catching a break? Economic gauges for August from around the region released Thursday appeared to suggest so.
Asian factories hobble as soft global demand hits sales  Reuters
Smaller Chinese manufacturers remain stuck in a rut  Business Insider