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U.S. markets news

Apple Is Said to Owe Back Taxes to Irish Government
The Apple campus in Cork, Ireland. Apple is said to have used complicated tax structures in nations like Ireland to reduce the amount of corporate tax it pays in other countries.
EU Set to Rule Apple Tax Deals With Ireland Illegal  Wall Street Journal
EU to hand Apple Irish tax bill of $1.1 billion, source says  Reuters
BBC News  
Mondelez abandons pursuit of US chocolate maker Hershey
The logo of Mondelez International is pictured at the company's building in Zurich November 14, 2012. REUTERS/Michael Buholzer.
Mondelez Drops Offer for Hershey  Wall Street Journal
Hershey's Failed Deal Reinforces Image as a Company Not for Sale  Bloomberg
American Airlines President Moves to United Continental
The president of American Airlines Group Inc., AAL -0.17 % who was let go on Monday with more than $13 million in severance pay, is immediately taking up the same senior role at rival United Continental Holdings Inc., UAL 0.17 % in one of the most ...
United hires president dropped by American  USA TODAY
American Airlines president Scott Kirby leaves to join United Airlines  Dallas Morning News
As of today, it's finally legal to fly drones commercially
For years, American businesses have been clamoring for the government to roll out a set of regulations for drone technology so that the companies can legally start using them for everything from agriculture to filmmaking to delivering packages.
FAA Expects 600000 Commercial Drones In The Air Within A Year  NPR
US Implements New Drone Rules, Expects Exemption Requests to Continue  Wall Street Journal
As labor tensions simmer, Southwest Airlines and its pilots take big step ...
Southwest Airlines pilots leave after staging pickets to protest the drawn-out negotiations over a new labor contract at the corner of Mockingbird Lane and Cedar Springs Road in Dallas, Wednesday, Feb. 3, 2016.
Southwest Reaches Agreement in Principle on Pilot Contract  Bloomberg
Southwest Airlines And Pilot Union Reach Tentative Agreement  PR Newswire (press release)
Asia stocks bounce, dollar dips on Fed hike doubts
A man is reflected in a stock quotation board outside a brokerage in Tokyo, Japan, June 27, 2016. REUTERS/Toru Hanai. By Wayne Cole | SYDNEY.
More Fed Bond Purchases Are the Wrong Answer  Wall Street Journal
Yen Holds Losses Before Next Clue on Fed Rates From Jobs Data  Bloomberg
Ratepayers will remain on the hook for gas leaks after Assembly rejects new ...
The Aliso Canyon facility where last year's enormous natural gas leak occurred. (Irfan Khan The Aliso Canyon facility where last year's enormous natural gas leak occurred.
Bill to increase farm overtime moves to California governor  U.S. News & World Report
California lawmakers send governor bill authorizing farmworker overtime  Reuters
Mylan Tries Again to Quell Pricing Outrage by Offering Generic EpiPen
The huge increase of the list price for the severe-allergy drug injector has led to backlash against Mylan, the latest in a string of pharmaceutical companies accused of price gouging.
Under fire, Mylan to offer generic EpiPen for 50% less  USA TODAY
Mylan Fails to Stop Firestorm Over EpiPen Price Increases  Bloomberg
US Traffic Deaths Make the Biggest Leap in 50 Years
The government is turning to data scientists for a solution. Over the years, the U.S. government has relied on laws and safety outreach programs to help reduce the number of traffic deaths.
Better economy contributes to increase in traffic deaths in 2015, officials say  Washington Post
Traffic Deaths Climb By Largest Increase in Decades  NPR
Wall St. gains as data points to budding economy
NEW YORK Financial and commodity-sector stocks led the S&P 500 higher in a low-volume session on Monday after consumer spending rose for a fourth straight month, pointing to a pick-up in U.S.
US stocks close higher, led by financial sector  MarketWatch
Market Close Report: NASDAQ Composite index closes at 5232.33 up 13.41 points  Nasdaq