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U.S. markets news

Here's How the New Teslas Stack Up Against Bugatti, Lamborghini, and Ferrari
On Tuesday, Tesla announced new versions of its luxury cars that break major barriers for electric vehicles. But are the upgrades, as Chief Executive Officer Elon Musk claims, enough to hand Tesla the title of fastest car in the world?
Tesla punches up battery life, range and speed for new Model S, Model X  CNBC
Tesla just gave its vehicles a huge upgrade, but it may not be enough to ...  Business Insider
Slate Magazine (blog)  
AstraZeneca Sells Part of Antibiotics Business to Pfizer for Up to $1.575 Billion
AstraZeneca AZN -0.06 % PLC said it has agreed to sell part of its antibiotics business to Pfizer Inc. PFE 0.72 % for up to $1.575 billion plus royalties.
AstraZeneca to sell antibiotics business to Pfizer  Reuters
Pfizer to Acquire Small Molecule Anti-Infective Business from AstraZeneca  Business Wire (press release)
Qantas Soars to Record Profit as Pain Pays Dividend
SYDNEY—A first dividend payment in seven years marks a big turnaround for Qantas Airways Ltd. QAN 1.47 % , which as recently as 2014 had been selling terminals, deferring plane orders and laying off staff to stem losses from a bruising battle for ...
A Lesson for Qantas From Steve Jobs  Bloomberg
Qantas reinstates dividend, plans share buyback  MarketWatch
As Energy Use Rises, Corporations Turn to Their Own Green Utility Sources
A worker helps install new solar panels at a First Solar plant outside Cholame, Calif. Apple will purchase the electricity generated by the plant to power its stores in California.
Why Tech Companies Want a Piece Of The Renewables Pie  CleanTechnica
Top regulator: Arizona should double solar, wind power  azcentral.com
Asian stocks slip on profit-taking; oil falls
A man stands next to an electronic board showing stock prices in Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon. By Saikat Chatterjee | HONG KONG.
Australian Market Edges Higher  Nasdaq
Asia markets mixed despite buoyant Wall Street  Financial Times
Berkeley's Soda Tax Appears To Cut Consumption Of Sugary Drinks
The nation's first "soda tax" on sugar-sweetened beverages, which went into effect in Berkeley, Calif., last year, appears to be working.
Soda consumption falls in Berkeley after sugar tax  MarketWatch
Berkeley sees a big drop in soda consumption after penny-per-ounce 'soda ...  Los Angeles Times
Best Buy shares soar on surprise sales gains
Best Buy Co. reported a surprise increase in its fiscal second-quarter sales, helped by a jump in its online business and an apparent gain in market share.
Crude Oil Rally, Best Buy Earnings Boost Wall Street  TheStreet.com
Best Buy Stock Jumps On Q2 Earnings Beat As Same-Store Sales Rise  Investor's Business Daily
Apollo Paid Itself Some Fees and Gave Itself Some Loans
Matt Levine is a Bloomberg View columnist. He was an editor of Dealbreaker, an investment banker at Goldman Sachs, a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz and a clerk for the U.S.
Apollo to pay $52M for misleading investors on fees  New York Post
Apollo Global Settles Securities Case as SEC Issues $53 Million Fine  New York Times
Intuit (INTU) Stock Lower in After-Hours Trading on Downbeat Forecast
Intuit (INTU) stock was falling in Tuesday's extended trading session after issuing weaker-than-expected guidance for the current quarter.
Intuit registers better-than-expected quarter, issues FY 2017 outlook ...  Seeking Alpha
Intuit shares slide on weak outlook  Morningstar.com
Oil prices fall on US crude stocks build; fears over China demand
Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016.
Dark Clouds Loom for Oil as China Chases Blue Skies for G-20  Bloomberg
Three Barrels, Great People and a Co-Mingled Sweet Spot: The Oil & Gas ...  Oil & Gas 360