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U.S. markets news

EU to hand Apple hefty Irish tax bill: sources
A customer enters the new Apple store, which is the world's largest, on its opening day at Covent Garden in London August 7, 2010.
Apple's Day of Reckoning Comes With Billion-Euro Tax Risk  Bloomberg
EU Set to Rule Apple Tax Deals With Ireland Illegal  Wall Street Journal
Business Insider  
Mondelez Drops Offer for Hershey
Oreo cookie maker Mondelez International Inc. MDLZ -0.05 % ended its pursuit of Hershey Co. HSY 0.71 % after the famed chocolatier rebuffed its latest acquisition offer, putting an end to a monthslong takeover campaign that would have created the world ...
Mondelez Abandons Its Efforts to Combine With Hershey  New York Times
Hershey's Failed Deal Reinforces Image as a Company Not for Sale  Bloomberg
What Happens When a Central Bank Buys Property Stocks
The Bank of Japan's bazooka was meant to light a fire under property stocks. Like everything in real estate, it depends on the location.
Japan household spending stubbornly weak even as jobless rate hits 21-year...  Reuters
The Bank of Japan Is Stuck in the Stone Age  Barron's
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 American's No. 2 in Boost to Succession Planning  Bloomberg
United hires president dropped by American  USA TODAY
Icahn's Apparent 360 on Herbalife Could Have Used More Transparency
At the end of last week, Carl Icahn had the market guessing about his intentions toward ownership of Herbalife Ltd. HLF 4.63 % shares.
Consumer Banking and Orange Juice  Bloomberg
Ackman Target Herbalife Hit With Short-Seller Allegations  FINalternatives
Oil prices rise as dollar retreats from two-week high
SINGAPORE (Reuters) - Oil futures edged up on Tuesday as the U.S. dollar erased earlier gains, but doubts that producers would be able to agree to an output freeze continued to drag on prices.
Oil Prices Decline on Fed Rate Rise Jitters  Wall Street Journal
The Magic Number For Oil Bulls Remains In Sight  Yahoo Finance
Ritchie Bros to buy US e-commerce site IronPlanet for $758 million
Canadian industrial auctioneer Ritchie Bros Auctioneers Inc (RBA.TO) said it will buy IronPlanet, a privately held U.S. e-commerce site for used equipment, for about $758.5 million, as it looks to diversify its portfolio.
Ritchie Bros. and Caterpillar Inc. Announce Strategic Alliance  PR Newswire (press release)
Ritchie Bros acquires IronPlanet  KHL Group
Southwest Airlines Pilots Union Has Tentative Contract Agreement
After four years of negotiations and an earlier failed proposal, the pilots union at Southwest Airlines Co. LUV 0.50 % said Monday that it reached an agreement in principle with the budget airline on a new four-year pact.
Southwest Airlines And Pilot Union Reach Tentative Agreement  PR Newswire (press release)
Southwest Flies Towards Labor Peace, Clearing Some Turbulence for Investors
New mandatory prison sentence bill inspired by Stanford sexual assault heads ...
Brock Turner was sentenced to six months in jail for sexually assaulting an unconscious woman. (Santa Clara County Sheriff's Office).
Bill to increase farm overtime moves to California governor  Washington Post
California Farmworker Overtime Changes Cheered By Union  CBS Local
Iowa at center of debate over 'shadow insurance' deals
This undated photo provided by Jeffrey Belth shows Joseph M. Belth, a professor emeritus of insurance at Indiana University. Belth has been an outspoken critic of the practice of "shadow insurance," in which life insurers create subsidiaries to take on ...
Wellmark, other insurers see earnings dips in spite of increasing premium costs  Business Record
Insurance rate hikes approved for thousands of Iowans