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U.S. markets news

Stock market surges again, reversing many of the week's losses
U.S. stock markets on Thursday turned in a second day of strong gains, reversing many of the losses suffered early in the week when global markets tumbled.
The close: Stocks enjoy another powerful rally  The Globe and Mail
US stocks rebound as global markets rally  Irish Times
Sacramento Bee  
UPDATE 1-McDonald's, Tyson Foods drop farm after videotape shows animal cruelty
(Adds details of videotape, comment from activists). By Jonathan Tolliver and Dan Whitcomb. LOS ANGELES Aug 27 (Reuters) - McDonald's Corp and Tyson Foods both severed ties on Thursday with a Tennessee farm where workers were seen stabbing, ...
Video shows abuse of Tyson chickens used for McDonald's McNuggets  Washington Post
McDonald's, Tyson Cut Ties With Farmer Tied to Abuse Video  New York Times
GDP Numbers Reveal Underlying Momentum, Possible Headwinds for US Economy
WASHINGTON—Consumer, business and government spending helped propel better-than-expected U.S. growth in the second quarter of the year, a hopeful sign for an economy buffeted by overseas turmoil and sharp gyrations in equity markets.
US economic growth revision to 3.7% boosts markets  BBC News
US stocks rise after world markets rebound  The Week Magazine
Consumer confidence rose more than forecast in August
WASHINGTON - Consumer confidence climbed more than forecast in August, reaching the second-highest level in eight years on more favorable views of the labor market.
The Conference Board Consumer Confidence IndexB. Rebounds  CNNMoney
US consumer confidence shows sharp rebound in August to highest reading in 7 ...  Fox Business
Burger King, McDonald's mash up inspires Frankenfood
Burger King called on McDonald's to join them in the name of peace (and the love of Franken foods) to create the Mc Whopper . USA TODAY editors and reporters think the mashup of the Big Mac and Whopper should mark simply the beginning of crazy ...
Steve Easterbrook, McDonald's CEO, mocks Burger King for McWhopper pitch  Washington Times
Make this spicy jalapeno burger on a cheese bagel for dinner tonight  Los Angeles Times
UPDATE 5-Schlumberger to buy oilfield gear maker Cameron in $14.8 bln deal
... * Offer values Cameron at $66.36 per share, or $12.74 bln. * Combined company pro-forma 2014 revenue would be $59 bln. * Deal should allow Schlumberger to grow market share-analyst.
Schlumberger buys US firm in $US12.7b deal  The Australian (blog)
'Wine o'clock,' 'cat cafe,' 'hangry' added to Oxford dictionary
Yes, iPhone, I do mean 'hangry' - and finally, the Oxford English Dictionary has my back. The dictionary's editors just added 1,000 words to oxforddictionaries.
'Butt-Dial,' 'Hangry' And 'Manspreading' Added To ...  CBS Local
Beware manspreading, enjoy wine o'clock: new Oxford words  Boston Herald
Freeport-McMoRan Cuts More Spending; Icahn Discloses Stake
Activist investor Carl Icahn said late Thursday that he has taken an 8.5-percent stake in Freeport-McMoRan, just hours after the mining company announced cost cuts and lower spending in response to declining copper prices and soft economic conditions ...
Icahn Sets Freeport-McMoRan in His Sights  Wall Street Journal
Icahn reveals 8.5% stake in Freeport  Financial Times
California's Water Districts Top Conservation Targets
California's urban water districts exceeded conservation targets for a second straight month, drawing praise on Thursday from state officials, who cautioned that residents must keep making sacrifices as a four-year drought drags on.
California cities slashed water use 31% in July  USA TODAY
California water use drops 31.3 percent in July, beating target  Reuters
UK solar panel industry dismayed as subsidies face deep cuts
The solar panel revolution that has enabled more than half a million UK households to sell electricity into the power grid was dealt a heavy blow on Thursday by government plans to slash subsidies for homeowners and small businesses.
Renewable Energy Investments: A Case Study  Huffington Post
Solar power: Subsidy cut will stop one million buildings installing rooftop ...  The Independent