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U.S. markets news

The importance of Ben Gurion airport to Israel (+video)
After a reported Gaza rocket strike near Israel's Ben Gurion Airport, the US suspended commercial flights to and from Tel Aviv.
Airlines suspend flights to Tel Aviv  Boston Herald
Israel airport safe, says minister  Zee News
ABC News   Related articles »  
US SEC poised to adopt reforms for money market funds
WASHINGTON (Reuters) - U.S. regulators are expected to adopt rules on Wednesday that force "prime" money market funds used by large institutions to float their share price.
SEC poised to end $1 a share for some money funds  News 10NBC
SEC Is Set to Approve Money-Fund Rules  Wall Street Journal
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Thain Bounces Back as CIT Deal Masks Merrill Memories
Six years after John Thain became a central figure in the financial crisis with his shotgun sale of Merrill Lynch & Co., he's helping bring back bank deals.
Sullivan & Cromwell Has 'Unusual' CIT Deal Role: Business of Law  Bloomberg
2 Banks Forged in Crisis, CIT and OneWest, Are Set to Merge, to a Big Payoff  New York Times
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Australian Inflation Accelerates in Policy Bind for RBA
Australia's core consumer prices gained more than economists forecast last quarter, sending the Australian dollar to its highest in two weeks and creating a hurdle to further monetary policy easing.
Australian inflation meets expectations  MarketWatch
Inflation eases to 1.8% in June on lower gains in car prices  TODAYonline
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Wall St ends higher on earnings, data; conflicts still eyed
Apple Inc reported third-quarter earnings that topped expectations, though revenue missed forecasts. Apple's stock initially fell in after-hours trading, though it subsequently turned higher, rising 0.3 percent to USD 95.
Wall St. gains on earnings, data; conflicts still eyed  Reuters
Asian Morning Briefing: US Stocks Rise on Data, Earnings  Wall Street Journal
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Sugar tax makes it to SF ballot in narrow vote
(07-22) 21:11 PDT SAN FRANCISCO -- San Franciscans will decide whether to levy a 2-cents-per-ounce tax on soda and other sugary beverages and spend the proceeds on health programs for children, after the Board of Supervisors in a narrow 6-4 vote ...
Soda tax advances to November ballot in San Francisco  Christian Science Monitor
SF supervisors place sugary drink tax on November ballot  San Francisco Examiner
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Ackman's 'Death Blow' to Herbalife Falls Short of Its Billing
NEW YORK - It was billed as the event that would deal a �death blow� to Herbalife. It was supposed to be �the most important presentation� in the career of William A. Ackman, the hedge fund billionaire who has pilloried the company for a year and a half and ...
Herbalife shares rise as Ackman attack fizzles  Los Angeles Times
The 'Death Blow' to Herbalife Promised by William Ackman Falls Short ...  New York Times
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Comcast 2Q Earnings Top Views on Internet Hookups
Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
Comcast earns $2b billion on strength in cable business  Boston Globe
Comcast Lost 144000 Cable Subscribers Last Quarter. And They're Psyched ...  Slate Magazine (blog)
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Belo to sell Providence Journal to New Media
A.H. Belo Corp. has agreed to sell the Providence Journal newspaper and related assets for $46 million to New Media Investment Group Inc. The Providence Journal has a daily circulation of about 72,000 and about 96,000 on Sunday.
Parent company of Standard-Times to buy Providence Journal
A. H. Belo agrees to sell Providence Journal  Dallas Morning News
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Broadcom cuts 2500 jobs in wind-down of baseband unit
SAN FRANCISCO (Reuters) - Broadcom Corp said on Tuesday it is winding down its money-losing cellular baseband chip business and cutting one-fifth of its total workforce, instead of selling the unit.
Apple and Samsung Pass on Broadcom's Cellular Business  Motley Fool
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