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U.S. markets news

Why Ruth Porat Should Be Uber's Next CEO
Travis Kalanick was ousted in a boardroom coup on Tuesday by Uber's earliest investors. Now, the ride-sharing giant needs a new CEO (in addition to a new COO, CFO, and other positions).
Working yourself to death isn't worth it, and Silicon Valley is starting ...  Business Insider
Uber board directors saw key documents on an acquisition as part of Alphabet ...  Recode
Washington Post  
Why Amazon Bought Whole Foods? Just Look at How It Crushed Walmart
The century-long interplay between technology and retail suggests Walmart is screwed. Its efforts to morph into an online retailer by buying Bonobos and Jet.
Even With Whole Foods, Amazon Would Need Many More Warehouses to Reshape ...  New York Times
How Amazon Embraces Risk As Its Best Friend To Get Out In Front Of Change  Forbes
Tesla looks to begin car manufacturing in China
Tesla is interested in opening a factory in China to begin building its all-electric vehicles in the country, the company revealed this week.
Reports suggest Tesla may be planning to set up shop in China  Digital Trends
Tesla Expands Borrowing Capacity Amid Costly Work Toward Model 3  Bloomberg
Federal agencies demand records from SeaWorld theme park
ORLANDO, Fla. - A newspaper is reporting that two federal agencies are demanding records from SeaWorld. The Orlando Sentinel reported that new SEC filing disclosures released Friday show that agencies are asking for comments that executives and the ...
SeaWorld Is Being Investigated For Its Response To 'Blackfish'  Newsy
SeaWorld faces federal investigations for 'Blackfish' discussions  MarketWatch
Sears says it will close 20 more stores
More bad news for Sears Holdings: The beleaguered chain on Friday said it will shutter an additional 20 U.S. stores, amounting to more than 260 closures so far this year.
WVU opens clinic in Connellsville; Sears closes 20 stores; Honda denies ...  Pittsburgh Post-Gazette
Customers sad to see Toledo Sears depart  Toledo Blade
LA's tallest building is poised to become a light saber with massive LED displays
The Wilshire Grand skyscraper, center. The 73-story structure's spire makes it the tallest building west of the Mississippi. (Mel Melcon / Los Angeles).
Wilshire Grand: Photos of LA's tallest tower on its opening day  Curbed LA
LA's Wilshire Grand Center opens with hotel, restaurants and bragging rights  LA Daily News
Amazon's idea for a massive drone dock looks like a cross between a beehive ...
Amazon is interested in moving its future drone delivery fulfillment centers closer to urban centers. by April Glaser@aprilaser Jun 23, 2017, 3:38pm EDT.
Amazon wants to build multi-story delivery drone hives
Amazon has applied to patent a beehive-like drone tower  Business Insider
S&P 500 Snaps Three-Day Decline, Crude Comes Off Highs
The S&P 500 snapped a three-day decline, while the Dow Jones Industrial Average moved lower for its fourth day in a row on Friday, June 23.
US Indexes Inch Higher as Energy Stocks Claw From the Hole  U.S. News & World Report
Nasdaq posts back-to-back gains as health care jumps 1%  CNBC
Carrier workers facing layoffs feel betrayed by Trump
INDIANAPOLIS -- A promise made before Christmas is fizzling before the Fourth of July. In December, then-President-elect Trump told hundreds of workers at the Carrier manufacturing plant that he had worked out a deal to save their jobs.
Trump's Carrier deal is not living up to the hype — jobs still going to ...  Yahoo News
Why did the factory cross the road? To get away from Donald Trump's kiss ...  Quartz
FCC proposes record $120 million fine for man in robocall scheme
Last Updated Jun 23, 2017 11:30 AM EDT. Nearly everyone hates robocalls. Federal regulators now want to fine a Florida man an unprecedented $120 million for allegedly running a massive robocall "spoofing" scam, which allegedly made more than a ...
Miami man accused of making 96 million robocalls now faces $120 million fine  Miami Herald
Man Accused Of Making Millions Of Robocalls Faces Biggest-Ever FCC Fine  NPR