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U.S. markets news

Asian Shares Lack Direction Ahead of Fed Meeting
Shares in Asia lacked direction on Thursday, with investors largely on the sidelines ahead of the U.S. Federal Reserve's annual Jackson Hole meeting, set to start later in the trading day.
Dollar Rally Fades Away Before Yellen as European Stocks Retreat  Bloomberg
Asia Stocks Hold Gains Ahead of Yellen's Speech  Fortune
U.S. News & World Report  
Apple could be on the hook for $19 billion in taxes, and the Obama ...
The European Commission is expected to levy a judgment against Apple in the next few months that could total in the billions of euros.
Treasury to EU: Back off on tax probes  CNBC
US Treasury takes last stab at deterring tax judgment against Apple & ...  AppleInsider (press release) (blog)
Latest Target In The Drug Price Wars? The Ubiquitous EpiPen
EpiPens are in your friend's purse and your kid's backpack. The school nurse has a few, as does Grandma. The medicine inside - epinephrine - has been around forever, and the handy gadget that injects it into your leg is not particularly new either.
Another Drug Pricing Ripoff  New York Times
Mylan Faces Scrutiny Over EpiPen Price Increases  Wall Street Journal
German Ifo Confidence Falls as Businesses Fear Fewer Orders
German business sentiment unexpectedly slipped to the lowest level in six months in August in a sign that companies are still weighing the consequences of Brexit on future demand.
German business morale unexpectedly weakens in August  Reuters
Survey: German business confidence drops unexpectedly  Washington Post
HP Inc. tops Street 3Q forecasts but outlook clips stock
Shares in HP Inc. tumbled in extended trading Wednesday after the personal computer and printer maker beat expectations with its results for its fiscal third quarter but its outlook for the current quarter fell short of Wall Street estimates.
HP Inc beats estimates, weak printer demand weighs on forecast  Reuters
HP Profit Slides, PC Sales Pick Up -- WSJ  Nasdaq
SEC Says 71 Muni Borrowers Lied About Disclosure Histories
The U.S. Securities and Exchange Commission said it reached settlements with 71 state and local borrowers for lying to investors about their compliance with disclosure requirements when they sold bonds in the $3.7 trillion municipal market.
US SEC charges 71 municipal bond issuers for misleading investors  Reuters
SEC accuses Fulton County of keeping bond investors in the dark  Atlanta Journal Constitution
States Start to Approve Steep Increases in Health Premiums
WASHINGTON—The first handful of states have released approved 2017 rates for people who buy health insurance on their own and the results so far are consistent with what many expected: There are significant increases in premiums for next year.
Illinois submits Obamacare insurance premium increases to feds  Chicago Tribune
Health insurance options shrinking statewide  Waco Tribune-Herald
TREASURIES-Bonds steady as Fed Chair Yellen's speech in focus
(Adds details on auction, updates prices) * Yellen speech on Friday in focus * Indirect bidders buy large share of five-year note auction * Treasury to sell $28 bln seven-year notes on Thursday By Karen Brettell NEW YORK, Aug 24 U.S.
The Prospect of a Fed Rate Hike Is Affecting the Markets  TheStreet.com
Treasury Bond ETFs in Focus on Rising Rate Hike Prospects  Nasdaq
Viacom May Tighten Reins on Paramount
LOS ANGELES—Paramount Pictures Chief Executive Brad Grey is facing the pitch meeting of his life. As head of one of Hollywood's oldest and most iconic movie studios, Mr. Grey has overseen many duds of late, most recently a remake of “Ben-Hur” that ...
Viacom Said to Rethink Resistance to $12 Billion Debt Downgrade  Bloomberg
Thomas Dooley Is Viacom's Best Bet for a Breakup  New York Times
Ex-CEO Admits to Options Fraud After Decade on Lam in Africa
The former chief executive of Comverse Technology Inc. who hid in Africa for a decade pleaded guilty to backdating stock options and was jailed immediately by a U.S.
Ex-Comverse CEO pleads guilty to fraud, a decade after fleeing to Africa  Reuters
Kobi Alexander Ordered Detained in Long-Running Options Backdating Case  Wall Street Journal