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U.S. markets news

What just happened to Apple, explained
The European Commission, the EU's executive arm, is ordering Apple to pay $14.5 billion in taxes to Ireland. But Ireland doesn't want the money, and Apple says it shouldn't have to pay.
U.K. House Prices Advance at Fastest Pace in Five Months  Bloomberg
RPT-US slams EU, but Apple tax demand first issued in Washington  Reuters
Wall Street Journal  
Boston Fed Warns of Interest-Rate 'Trade-Off'
The Federal Reserve may be nearing an uncomfortable trade-off between what it wants to do for the economy and what needs to be done to achieve stability in the financial market, Federal Reserve Bank of Boston President Eric Rosengren warned on ...
Too low for too long could be risky, Rosengren warns  The Boston Globe
The Commercial Real Estate Risk Pushing the Fed to Raise Rates
More Mitsubishi models in Japan found with inflated mileage
The mileage scandal at Mitsubishi Motors Corp. is widening after the Japanese government ordered sales halted on eight more models after finding mileage was falsely inflated.
Business Watch -- WSJ  Nasdaq
Here we go again: Mitsubishi says more models have overstated mileage - Roadshow  CNET
Japan Shares a Bright Spot in Asia
Asian shares were broadly down on Wednesday with the exception of Japan, where stocks rose after a stronger dollar pushed the yen lower.
Asia markets trade mostly lower; Nikkei bucks trend on weaker yen  CNBC
Asia Stocks Rise as Japan's Topix Rallies Amid Stronger Dollar  Bloomberg
Tribune Media inks deal to sell Tribune Tower to developer
Built in 1925, the neo-Gothic Tribune Tower was designed by New York architects Raymond Hood and John Mead Howells, who won a contest held by Chicago Tribune co-publishers Robert R. McCormick and Joseph Patterson to create the newspaper's ...
Tribune Tower to be sold to CIM Group  Crain's Chicago Business
Tribune Media to Sell Iconic Tribune Tower in Roughly $240 Million Deal  Wall Street Journal
Legendary Boeing engineer Joe Sutter dies; he pioneered Boeing's 747 jumbo jet
Joe Sutter, who died Tuesday at age 95, was known for his bold technical designs, for tough but inspirational leadership, and for a roguish sense of humor that made him a vibrant personality.
Joe Sutter, Father of Boeing's 747 Jumbo Jet, Dies at 95  Bloomberg
Boeing's 'Father of the 747' has died  CNNMoney
Cyprus, Egypt Sign Deal Paving Way for Gas Pipeline
NICOSIA, Cyprus - Cyprus and Egypt have signed an agreement paving the way for the supply of Cypriot gas to the Arab nation through an envisioned pipeline.
Cyprus signs deal with Egypt for gas transfers via pipeline  Reuters
Egypt-Cyprus to sign gas pipeline agreement on Wednesday  Tornos News International Edition (press release)
United Continental's New President Gets Initial $5 Million Bonus
United Continental Holdings Inc. UAL 8.60 % on Tuesday released details of the base salary and other compensation for its newly hired president, Scott Kirby, who shifted into the job from the same post at rival American Airlines Group Inc. AAL 2.43 %.
United completes leadership revamp with a surprise pick  The Seattle Times
United jumps after adding American's No. 2 to executive team  Houston Chronicle
Adviser to Abe Starts to See Risk That Abenomics May Not Do Well
One of Shinzo Abe's advisers cast a shadow over the prime minister's revival program for Japan, warning that he's starting to see a chance that Abenomics may not do well.
Japan factory output flat in July, weak demand clouds outlook  Reuters
Japan's military posturing raises alarm in Asia as Shinzo Abe ...  Washington Times
Gold heading for first monthly dip in three on rate hike worries
Gold bullion is displayed at Hatton Garden Metals precious metal dealers in London, Britain July 21, 2015. REUTERS/Neil Hall/File Photo.
Dollar Set for First Monthly Gain Since May on Divergence Bets  Bloomberg
US Stocks Drift Lower as Dollar Gains  Wall Street Journal