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U.S. markets news

Buffett says Berkshire 'fine' with Trump or Clinton
OMAHA, Neb. Warren Buffett said on Saturday that Berkshire Hathaway Inc is poised to do well no matter who wins the White House in November, and the billionaire investor defended the performance and tactics of the conglomerate's several large ...
Warren Buffett admires fellow billionaire Jeff Bezos  CNNMoney
Consumer brands are underdogs in today's Berkshire, but they still hold ...  Omaha World-Herald
Bloomberg  
Puerto Rico debt rescue plan engulfed in Great Recession 'bailout' politics
House members left Washington Friday for a week-long recess without taking action on a fiscal rescue for Puerto Rico, days before the territory's development bank is set to default on a payment to bondholders and deepen the economic crisis there.
Puerto Rico may face onslaught of lawsuits as default looms large  Fox News Latino
Opinion: Congress, Thanks But No Thanks On Puerto Rico Proposal  NBCNews.com
Target's Perception Takes A Hit After Transgender Bathroom Statement
Target put itself in the center of the national debate about bathroom use and gender and thanks to a boycott and lots of press, the retailer's consumer perception has declined.
Target faces backlash as One million Americans vow to Boycott over ...  NH Voice
Boycotting Target over bathroom policy ridiculous  Allentown Morning Call
Chobani's CEO is giving up to 10 percent of his company to employees
Greek yogurt is known for being rich in flavor and protein. Now, some employees at Chobani could become rich themselves. On Tuesday, founder and CEO Hamdi Ulukaya announced that he would be giving all of his 2,000 full-time workers awards that could ...
Rex Smith: A generous countryman, and a lesson  Albany Times Union (blog)
Why Chobani Gave Employees A Financial Stake In Company's Future  NPR
Study analyzes impact of Washington state coal-export plan
SEATTLE - A coal-export terminal proposed along the Columbia River in southwest Washington state could have unavoidable, significant impacts on greenhouse gases emissions, vessel traffic and rail safety, according to an environmental review released ...
Pollution from Longview coal terminal could equal 672000 cars, study says  The Seattle Times
Study finds coal terminal would have significant affects on environment  Longview Daily News
Is this the best way to fix Social Security?
There's no denying it - Social Security is unsustainable in its current form and will need to be fixed. According to the latest Social Security Trustees' Report, the program's trust funds will be completely depleted by 2034 based on the projected rate ...
Just 1 in 10 Seniors Is Making This Social Security Move -- And That's ...  mySanAntonio.com
Social Security: Earnings penalty hits early retiree, spouse  Arizona Daily Star
Chinese Appear Underwhelmed by Under Armour Knockoff
Under Armour has been on a roll in China, with sales nearly tripling in the first three months of this year from a year earlier. Credit Justin Sullivan/Getty Images.
Under Armour Knockoff Brand Causes Uproar  Footwear News
Hello, Under Armour... Meet Uncle Martian  The Straits Times
Mortgage rates wander upward but may be headed back down
Bond yields had been heading higher, bringing mortgage rates along with them. Then the Federal Reserve met this week, opting not to raise its benchmark rate.
Freddie Mac: Mortgage Rates Rise For 2nd Straight Week  The Mortgage Reports (blog)
Average US rate on 30-year mortgage rises to 3.66 percent  U.S. News & World Report
Cypress Semiconductor founder T.J. Rodgers steps down as CEO
SAN JOSE -- T.J. Rodgers, chip-industry legend and one of the more outspoken tech leaders in Silicon Valley, is stepping down as chief executive of Cypress Semiconductor, the company he founded and has been at the helm of for more than 30 years.
Cypress Semi Says CEO to Step Down; Buying Broadcom Business  Wall Street Journal
Cypress Buying Broadcom IoT Wireless Business, WICED Brand  eWeek
US Production Not Responding To Higher Oil Prices...Yet
At the peak for drilling activity in the United States, Baker-Hughes tallied 1,609 rigs operating in the US. As of today's report, that number is down to 332, a fresh low, despite a huge uptick in prices since the low back in February.
US oil drillers cut rigs for 6th week to Nov 2009 lows -Baker Hughes  Reuters
Basin loses two more rigs  Odessa American