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U.S. markets news

Fed's Evans: Low global inflation makes reaching Fed goal harder
MILWAUKEE Oct 9 A top Federal Reserve policymaker said on Friday that globally low inflation makes it "challenging" for the U.S.
Fed's Evans In No Hurry to Raise Rates  Fox Business
NY Fed chief: Rate hike likely this year but hinges on data  Washington Post
House passes bill axing oil export ban, veto looms
WASHINGTON A bill to repeal the U.S. oil export ban passed the House of Representatives on Friday, but faces an uncertain future after a veto threat by President Barack Obama.
House votes to lift 40-year-old ban on US crude oil exports  Fox News
World NewsHouse votes to lift US oil export ban  Financial Times
Newer Fiat Chrysler workers could hit $29-an-hour
Fiat Chrysler Automobiles' entry-level workers would earn $29 an hour after eight years, putting them at par in 2023 or sooner with their senior colleagues and eliminating the much-hated two-tier pay scale under a new proposed tentative agreement ...
UAW Leaders Approve Richer Fiat Chrysler Contract  ABC News
UAW workers to vote on Fiat Chrysler deal  Seeking Alpha
Officials: Broken rail caused West Virginia train derailment
A fiery oil train derailment in southern West Virginia last February resulted from a broken rail that started with a crack that should have been detected but was missed in two inspections, federal investigators said Friday.
Rail officials seek better track inspections after W. Virginia oil train ...  USA TODAY
Broken rail behind fiery West Virginia oil train derailment, officials say  Al Jazeera America
Oil near flat, choppy after posting big weekly rise early
NEW YORK Oil prices swung back and forth in choppy trade on Friday as traders closed positions at the end of a week that saw prices rising by the most in over six years earlier in the session.
Oil loses grip on $50, but still set for weekly gain  MarketWatch
US Oil Prices Hover Around $50 a Barrel  Wall Street Journal
US rig count declines by 14 this week to 795
HOUSTON - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week declined by 14 to 795.
U.S. Drillers Idle Rigs for 6th Week as Oil Lingers Near $50  Bloomberg
US Oil Rig Count Slides Again  Wall Street Journal
AB InBev's CEO Brito Runs Afoul of UK Takeover Rules
LONDON—The U.K. takeover rules are tripping up yet another foreign company in the heat of battle. On Wednesday, Carlos Brito, the chief executive of Anheuser-Busch InBev NV, ran afoul of the U.K.
SABMiller's Defense Lacks Punch  New York Times
SABMiller investors come out in support of bid rejection  Reuters
Wal-Mart changes CFO, gets new chief merchant in latest shuffle
Wal-Mart Stores Inc (WMT.N) on Friday named a new chief financial officer and installed a chief merchant, marking the latest shuffling of its management ranks as the retailer grapples with sluggish earnings.
Wal-Mart Appoints New CFO, Top Merchant  Wall Street Journal
Will Walmart (WMT) Stock Be Helped by New CFO, Chief Merchant?
Netflix Raises Price: How It Compares to Hulu, Amazon Prime
Netflix is raising prices for new users by $1 a month as the company touts original programming you can't find elsewhere. The company, based in Los Gatos, California, is raising the cost of its most popular streaming plan to $9.99 a month, which allows ...
Netflix raising price for most popular video plan
Getty Images
UPDATE 3-Glencore cuts 4 percent of world zinc output, price surges 10 percent
... * Glencore to cut zinc output by about a third. * Zinc logs biggest single-day gain in five years (Adds link to FACTBOX on Glencore zinc output cuts, updates prices).
Glencore Shares Storm Ahead on Zinc Cutback News  New York Times
Copper, Zinc Rally on Glencore Supply Worries  Wall Street Journal