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U.S. markets news

Deutsche Bank Surges On Report Of DoJ Deal, As CEO John Cryan Rallies Employees
On Friday, John Cryan, the head of Deutsche Bank, delivered an all-hands-on-deck letter to the banking behemoth's employees where he expressed confidence in the firm's financial footing and sought to downplay media reports suggesting a client rush for ...
US Stocks Advance as Financials Rebound  Wall Street Journal
Wall Street jumps as Deutsche Bank bounces back  Reuters
USA TODAY  
In a good sign for the tech industry, tech unicorn Nutanix is having a huge ...
Ten months after filing its paperwork to go public, Nutanix finally had its initial public offering on Friday, and the entire tech industry is relieved.
With Nutanix Shares Up As Much As 114% In First-Day Trading, Its CEO ...  Forbes
Nutanix's IPO Buzz Shows Investors' Demand for More Tech Offerings  Fortune
Costco's CFO doesn't believe his company is 'Amazon-proof'
But its CFO Richard Galanti doesn't believe his company will be immune to the growth of Amazon forever. "We don't buy that for a minute," Galanti said during Costco's earnings call Thursday, referring to previous reports that dubbed his company ...
Costco's new Visa card is off to a hot start  CNNMoney
Key Takeaways From Costco's Q4 Earnings  Nasdaq
China's Richest Man, Dalian Wanda's Wang Jianlin, Makes His Move on Hollywood
Wang Jianlin is buying Hollywood, one piece at a time. China's richest man has gone on a shopping spree aimed at positioning his Dalian Wanda Group in every stage of the entertainment life cycle: cinemas, movie production, TV, marketing and more.
China's Box-Office Slump Deepens After Drought of Summer Hits  Bloomberg
China's richest man serves up global badminton deal  Yahoo Sports
Qualcomm Said to Explore Takeovers as Chipmakers Consolidate
Qualcomm Inc. has held early talks with several potential targets, including NXP Semiconductors NV, according to people familiar with the matter, as it seeks acquisitions to strengthen its position in a rapidly consolidating industry.
Merger Mania Monday? Let's Look At The Possibilities  Forbes
Mesa analyst: Qualcomm's possible acquisition of NXP Semiconductors ...  Phoenix Business Journal
Engine of U.S. Economy Down But Far From Out as Spending Slows
Americans took a break in August after spending at a solid pace the past few months. While that's no cause for alarm yet, consumption has been doing all the heavy lifting for the economy, so its ups and downs matter.
Drop in US consumer spending clouds Fed rate hike outlook  Reuters
US Consumer Spending Flat in August  Wall Street Journal
Taking on Viacom Could Mean Even Fatter Paycheck for CBS Chief
A tie-up between CBS Corp. and Viacom Inc. would put together the pieces of a media empire. It might also garner one of the industry's best-compensated chief executive officers an even bigger paycheck.
Ad Buyers Are Bullish on Possible Viacom-CBS Reunion  Wall Street Journal
Viacom (VIAB) Stock Higher, Reviewing CBS Merger  TheStreet.com
Cognizant Tumbles as President Leaves Amid Investigation
Cognizant Technology Solutions Corp. tumbled the most in more than four years after a key executive left abruptly amid revelations of an internal investigation into whether some payments in India violated the U.S.
Cognizant Investigating Indian Payments  Wall Street Journal
Cognizant says conducting corruption probe; president replaced  Reuters
Here's why Janet Yellen might quit if Donald Trump wins
The Republican presidential nominee said Yellen is keeping interest rates artificially low for political reasons - to support President Barack Obama through the end of his term.
Is Donald Trump Right About the Fed?  Fortune
Vote: Is the Fed tilting policy to help Hillary Clinton?  The Seattle Times
Alcoa board approves split, expected effective Nov. 1
Aluminum producer Alcoa said on Thursday its split into two publicly traded companies is expected to be effective Nov. 1, after the company's board approved the separation.
Alcoa Approves Split. Here's What That Means.  Barron's (blog)
Roundup: Alcoa sets Nov. 1 date for breakup; Chesapeake receives subpoena on ...  Tribune-Review