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U.S. markets news

Fed awaiting evidence global chill not knocking US off track
WASHINGTON The U.S. Federal Reserve thought the economy was close to warranting an interest rate hike in September but policymakers wanted firmer evidence a global economic slowdown was not knocking America off course.
Asian Morning Briefing: Stocks Climb as Fed Remains Uneasy on Inflation  Wall Street Journal
Fed believes economy insulated from China slowdown, documents show  Washington Post (blog)
US House slams regulators for not catching Volkswagen for years
WASHINGTON Volkswagen AG's (VOWG_p.DE) U.S. chief executive blamed "individuals" for using software to cheat on diesel emissions at a House hearing on Thursday as lawmakers attacked federal environmental regulators for failing to catch the fraud for ...
VW's US Chief Tells Congress of a Wait to Fix Diesel Cars  New York Times
VW: Installation of cheating software "not a corporate decision"  Fox News Latino
Tribune Media Considers Selling Chicago's Iconic Tribune Tower
Tribune Media Co. TRCO 1.15 % 's real-estate subsidiary said on Thursday that it is considering the sale of Chicago's iconic Tribune Tower.
Tribune Media considering sale of landmarked headquarters  Salon
Tribune Tower by the numbers (graphic)  Chicago Tribune
Lyft has some new ideas for making its drivers happy
But the ride-hailing company declined to respond to suggestions that one of its top executive was involved in a hack of Uber's driver database.
Lyft Adds Rental-Car, Fuel Perks in Driver Battle With Uber  Wall Street Journal (blog)
Ride-hailing company Lyft partners with Hertz, Shell  Reuters
UPDATE 4-Bill Gross sues Pimco for $200 million over forced ouster
(New throughout, adds comments from Allianz, former colleague of Gross). By Jennifer Ablan and Jonathan Stempel. NEW YORK Oct 8 (Reuters) - Billionaire bond investor Bill Gross sued his former employer Pacific Investment Management Co and its parent ...
Billionaire bond investor Bill Gross sues Pimco for $200 mn  Fox News Latino
Brynjolfsson: `This Is a Sad Day' for Both Pimco and Gross  Bloomberg
Amazon Encroaches On Etsy Territory by Launching 'Handmade'
Amazon added another service to its growing retail empire with Handmade, a handcrafted artwork store, on Thursday. REUTERS/Rick Wilking.
Amazon Challenges Etsy With Handmade at Amazon  ABC News
Amazon launches Etsy competitor Handmade at Amazon  The Verge
UPDATE 1-Alcoa profit misses as aluminum prices slide
(Adds estimates, shares). Oct 8 (Reuters) - Alcoa Inc reported a smaller-than-expected quarterly profit, hurt by a slide in aluminum prices that has prompted the company to separate the smelting operations from the faster-growing plane and car parts ...
Alcoa Profit Falls on Aluminum-Price Slide  Wall Street Journal
Alcoa Profit Misses Estimates as Aluminum Extends Price Drop  Bloomberg
Netflix shares up on subscription price hike
Shares of Netflix (NFLX) are up more than 3% after the streaming video provider raised the price of its basic monthly service by $1.
Netflix's Price Increase: Gambling on Subscribers  Wall Street Journal
Netflix hikes rate for most popular plan by $1.00  Reuters
PC Shipments Continue to Slump
World-wide personal computer shipments dropped in the September quarter as PC makers didn't receive much of a boost from Microsoft Corp.
PC shipments fall in third quarter: Research firms  Reuters Canada
Gartner and IDC: Global PC shipments fell 7.7% and 10.8% in Q3 2015, Apple ...  VentureBeat
No room for mistakes by central banks amid 'new mediocre'
LIMA Central banks have little room for error in a low-growth world in which over-leveraged and commodity-dependent emerging economies and a slowing China are major risks, top international financiers told the International Monetary Fund's meeting.
Lagarde Says China's Enormous Economic Shift Will Be Bumpy Ride  Bloomberg
WBG: TPP influence on world economy could help boost the region's growth  Andina - Agencia Peruana de Noticias