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U.S. markets news

'Nobody is Perfect': Some Uber Employees Balk at Travis Kalanick's Exit
Earlier this week, Travis Kalanick stepped down as the chief executive at Uber. Credit Jeffery Salter/Redux. Uber and its investors are facing a backlash over Travis Kalanick's departure as chief executive - particularly from employees.
Uber's CEO Resigned. Here's What Happened to Other Companies That ...  Fortune
Uber employees are conflicted over Travis Kalanick's resignation — over ...  Business Insider
Los Angeles Times  
Biggest US banks clear first hurdle in Fed's annual stress tests
A combination file photo shows international banks Morgan Stanley, Barclays, Goldman Sachs, JPMorgan, Credit Suisse, Citigroup and Bank of America Merrill Lynch from Reuters archive.
A Bank Payout Bonanza Is One Step Closer  Bloomberg
Biggest US banks are strong enough to weather a recession, Fed stress test finds  Los Angeles Times
Man Accused Of Making Millions Of Robocalls Faces Biggest-Ever FCC Fine
Federal regulators on Thursday said they've identified "the perpetrator of one of the largest ... illegal robocalling campaigns" they have ever investigated.
Miami Man Faces $120 Million Fine for 96-Million Robocall Spree  Bloomberg
Scammer who made 96 million robocalls should pay $120M fine, FCC says  Ars Technica
Qatar Airways seeks 10% stake in American Airlines amid Middle East dispute
State-owned Qatar Airways has made an offer to buy a 10% stake in American Airlines, the Fort Worth-based carrier that has been a vocal critic of Qatar and other Middle Eastern airlines.
American Airlines pushes back on Qatar Airways plan to buy stake  Reuters
In Qatar Airways, American Airlines May Have an Unwanted Suitor  New York Times
Trump visited this Boeing factory to celebrate jobs. It just announced layoffs
Five months ago at a Boeing factory in South Carolina, President Trump proclaimed, “We are going to fight for every last American job.
Layoffs announced at Boeing plant Trump visited  The Hill
Boeing factory where Trump delivered jobs speech to lay off 200 workers
Critics say Whole Foods deal would give Amazon an unfair advantage
WASHINGTON (Reuters) - While antitrust experts expect Inc's bid for Whole Foods Market Inc to win regulatory approval, some critics argue the deal should be blocked because it gives the online retailer a nearly unstoppable head start toward ...
Walmart? Amazon may find rival bidders for Whole Foods  USA TODAY
Retail Deal Mania Continues With Whole Foods and Nordstrom  Motley Fool
Buffett's Home Capital Deal Kicked Off by 82-Year-Old Banker
Warren Buffett's surprise investment in Home Capital Group Inc. all started with a single email from a Canadian investment banker who first met the billionaire 23 years ago.
Shares in Canada's Home Capital surge as Buffett rides to rescue  Reuters
Warren Buffett's Berkshire Hathaway Rescues Canada's Home Capital ...  Fox Business
Tesla in Talks to Set Up Electric Car Factory in Shanghai
A Tesla Model X car at the G Festival in Beijing in April. Credit Mark Schiefelbein/Associated Press. HONG KONG - Tesla Motors is in discussions to establish a factory in Shanghai, its first in China, a move that could bolster its efforts in one of ...
Tesla considers building car factory in China  MarketWatch
Tesla inches closer to building EVs in China with new talks  CNET
Hain CEO seeks to reassure shareholders after probe finds no financial wrongdoing
Lengthy accounting probe cleared Hain Celestial of wrongdoing and found "no material change" needed to previous financials.
What Happened in the Stock Market Today  Motley Fool
Hain Celestial releases long-awaited results  MarketWatch
To tip or no: Uber's about-face on the propriety of a gratuity
The promise of a tip - that familiar 10 to 20 percent optional add-on for a meal or a ride - might be enough to lure Ryan Rich Moe into the driver's seat for Uber again.
As Uber's value slips on the secondary market, Lyft's is rising  TechCrunch
Uber etiquette: Do's and don'ts for passengers  Sun Sentinel