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U.S. markets news

Reynolds in Talks to Acquire Lorillard in Merger of Tobacco Rivals
Photo. Reynolds American is the parent company of R.J. Reynolds, the maker of Pall Mall and Camel cigarettes.Credit Keith Srakocic/Associated Press.
UPDATE 4-US cigarette maker Reynolds in talks to buy rival Lorillard  Reuters
UK Stocks Gain as Imperial Tobacco Rises on Deal Talks  Businessweek
Economic Times   Related articles »  
Regulators halt trading in curious $4B stock
A little known company that turned into a strange sensation on Wall Street winning a value of $4 billion over the last few weeks saw its shares get halted Friday.
Cynk Tech shares halted on concern over possible manipulation  Chicago Tribune
Mystery company has no money but is valued at $4.5B  CBS News
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GLOBAL MARKETS-Stock indexes flat as Portugal fears ease; oil down sharply
(Adds details, updates prices). By Caroline Valetkevitch. NEW YORK, July 11 (Reuters) - Major global equities markets steadied and the yen stabilized against the U.S.
Asia muted, hopes European stocks stabilise  Economic Times
Topix Falls Fifth Day After Yen Gains on Portugal Concern  Businessweek
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GM Hires Infiniti Chief de Nysschen to Head Cadillac
Mr. de Nysschen, 54 years old, will start at GM Sept. 1 and bring to Cadillac a respected record for rebuilding brands in the luxury auto segment.
More Cadillac churn: Infiniti exec named new chief  USA TODAY
GM Names Infiniti CEO De Nysschen President of Cadillac  Bloomberg
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Amazon Asks FAA for Permission to Fly Drones
Amazon is officially asking the Federal Aviation Administration permission to use drones as part of its plan to deliver packages to customers in 30 minutes or less.
Six Things You Should Know About Amazon's Drones  Forbes
Amazon wants to test delivery drones outdoors  Los Angeles Times
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Economists lower forecasts for US growth
FILE - In this Friday, Nov. 23, 2012 file photo, a cashier rings up a sale at a Sears store, in Las Vegas. U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will ...
Economists See Weakest Growth Since Recession, Only 1.6%: Chart  Investor's Business Daily
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Dow Analyst Moves: DD
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, DuPont (DD) is the #28 analyst pick.
Stocks edge lower, on track for weekly loss Press
The truth about Dow 17000  MarketWatch
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Wells Fargo profit rises 3.8% as home lending regains some traction
Wells Fargo posted a 3.8% increase in profit for the second quarter, with stronger than expected results in mortgage lending. Wells Fargo posted a 3.8% increase in profit for the second quarter, with stronger than expected results in mortgage lending.
Wells Fargo mortgage revenue drops, shares fall  Chicago Tribune
Wells Fargo Profit Edges up 3 Percent in Quarter  ABC News
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Amazon Not Doing Enough To Prevent Kids From Making In-App Purchases On ...
NEW YORK (AP) - The Federal Trade Commission is suing Amazon over charges that the company has not done enough to prevent children from making unauthorized in-app purchases, according to a complaint filed Thursday in federal court.
FTC Amazon App Lawsuit: Trade Commission Files Lawsuit After Company ...  Latin Post
Amazon Should Take Cue From Apple In Dispute Over In-App Charges  MediaPost Communications
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Uber Competitor Lyft Sued by New York to Halt Operations
Uber Technologies Inc. car-sharing service competitor Lyft Inc., which said it planned to begin operations today in New York City, was sued by New York officials who claim it's flouting licensing laws.
NYC Taxi Commission Warns Lyft Drivers to Stay Off the Road  PC Magazine
NY attorney general sues to stop Lyft  SFGate
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