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U.S. markets news

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.
Disney's mixed results boosted by 'The Avengers'  Irish Independent
Disney misses revenue forecast despite profit rise  RTE.ie
Sky News  
Raising interest rates with zero inflation is a hard sell
LONDON Americans and Britons bracing for their first interest rate rises in almost a decade are puzzled: why are rates about to go up when there's no inflation?
European markets open higher as Fed expectations build  CNBC
Asia shares mostly higher despite US rate rise talk  BBC News
Puerto Rico investors could try to force payment on bonds -filing
Aug 4 Holders of at least 20 percent of Puerto Rico's Public Finance Corp bonds, on which the U.S. commonwealth defaulted on Monday, would need to consent to suing Puerto Rico in order for the bondholders' trustee to file a lawsuit on their behalf, a ...
Hedge Funds Say Puerto Rico Should Shut Down Schools to Pay Its Debts. Is ...  Slate Magazine (blog)
US Refusal to Rescue Puerto Rico Hurts US International Standing  Sputnik International
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.
Two trains derail in India; at least 24 killed, 300 rescued  Los Angeles Times
At least 24 killed, 300 rescued after trains derail on rain-flooded tracks ...  The Globe and Mail
RBI control: Rajan puts controversy to rest but govt should give it majority ...
The controversy over the fresh monetary policy framework, as envisaged in the revised draft of the Indian Financial Code (IFC), was put to rest on Tuesday when Reserve Bank of India (RBI) governor Raghuram Rajan assured that the government and the ...
The govt has a lot of control already: Raghuran Rajan  Hindustan Times
Rajan says Guv doesn't need veto on rates  Press Trust of India
Netflix offers new parents 'unlimited' leave
Netflix said Tuesday it will allow new parents up to a year of paid time off, becoming one of the tech industry's most generous major companies in offering parental leave.
Business Watch  Wall Street Journal
Netflix Gives Employees Unlimited Maternity/Paternity Leave  Netflix Life
Toyota's Quarterly Profit Up 10 Pct on Cheap Yen, Cost Cuts
TOKYO - Toyota's profit for April-June rose 10 percent on perks from a cheap yen and cost reduction efforts that offset lower vehicle sales.
Toyota Motor Q1 net profit jumps 10 pct, beats estimates  Reuters
US airlines ban shipment of hunting trophies after Cecil the lion's killing
The big three US airlines have all banned the shipment of hunting trophies following the killing of Cecil the lion in Zimbabwe. Ads by Google.
Delta, American banning shipment of hunting 'trophies'  Naples Herald
More airlines ban shipping of big game trophy kills  Examiner.com
Flight 370: Five Key Questions About the Reunion Island Fragment
French investigators will begin tests Wednesday on a Boeing Co. 777 wing part, known as a flaperon, found last week on the shores of Reunion island near Africa.
MH370: Reunion islanders continue debris search  BBC News
MH370: Reunion island defends its handling of plane wreckage and says it ...  Telegraph.co.uk
Foxconn Tie-Up Buzz Lifts Adani Enterprises Shares
Adani Enterprises shares jumped as much as 9.1 per cent on Wednesday on speculation that the company will form a joint venture with Taiwan-based Foxconn for investment in India.
Electronics Giant Foxconn Has Big Plans for India  Wall Street Journal (blog)
Foxconn to set up 10-12 manufacturing units in India  Moneycontrol.com