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U.S. markets news

CNBC star Marcus Lemonis will buy Crumbs cupcake chain
It's a sweet ending for Crumbs after all. CNBC star Marcus Lemonis, in partnership with Dippin Dots-owner Fischer Enterprises, has reached an agreement to buy the cupcake chain that abruptly closed its doors on Monday.
Crumbs Looks to Put Itself Back Together
Crumbs cupcake shops may be resurrected by local investor  Chicago Tribune
CNNMoney   Related articles »  
Rising bond yields point to rate rises
Investors' radar screens have long been clear of the one blip guaranteed to sound the alarm in financial markets: interest rate rises by central banks.
Grand Central: Bond Dealers See Fed Rate Hikes Stopping in 2017 at 3.5%  Wall Street Journal (blog)
Interest Rates Going Up  Wall Street Sector Selector
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Stocks little changed
Continue reading below. Stocks rose, paring the S&P 500's biggest weekly loss since April, as investors geared up to assess corporate earnings, though Wells Fargo slipped after its earnings failed to rise for the first time in 18 quarters.
Wells Fargo profit increases 3.8% as home lending regains traction  Los Angeles Times
Wells Fargo profit edges up  Longview News-Journal
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Amazon seeks US nod to test-fly delivery drones
In a bid to deliver small packages to its customers in less than 30 minutes, the world's largest online retailer Amazon has formally asked the US Federal Aviation Administration (FAA) for permission to test its drone service.
Amazon asks FAA for permission to fly drones  Tribune-Review
Amazon Asks FAA for Permission to Test Drones  Wall Street Journal
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Most Read on Bloomberg: Sliding Stocks, Portuguese Debt Watch
July 10 (Bloomberg) -- Stocks from U.S. to Europe slid as increasing concern over signs of financial stress in Portugal sent investors seeking safety in Treasuries, the yen and gold.
Esp´┐Żrito Santo Staggers and Europe Swoons  Barron's
Banco Espirito Santo: A Portuguese Disaster, Not A European Crisis  Forbes
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Tobacco shake-up likely as merger talks begin
Marinne Geller and Kate Holton. Published 12/07/2014|02:30. 0 Comments; Share. US cigarette maker Reynolds American is in talks to acquire rival Lorillard in a multi-billion dollar deal.
Imperial Tobacco targets major US acquisition spree
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Mystery Company Has No Money But Is Valued At $4.5B
A 25,000% return is unheard of, but that's how much Cynk Technology has soared since the middle of June. (CBS) -- Ordinarily, a money-losing company like Cynk Technology Corp.
Here's What Happened When We Tried Calling The CEO Of CYNK  Business Insider
SEC sees price and reality not in 'Cynk'  New York Post
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Car-Hailing Service, Lyft, Postpones Its Debut in New York
Hours before it was to begin operating in Brooklyn and Queens on Friday, a car-hailing company that relies on drivers to use their own vehicles to carry passengers said it was delaying its New York debut, capping a day of legal tussles with city and state ...
Lyft delaying New York City launch of car-hailing service, will meet with ...  New York Daily News
Lyft's NYC debut postponed -- voluntarily or by force?  CNET
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Biggest Weekly Loss Since April for S&P 500
But they still posted losses for the week, following a string of record highs and the Dow Jones Industrial Average's first time above 17000.
US STOCKS SNAPSHOT-Wall St ends up; indexes post losses for week  Reuters
'Big Joe' Clark: Welcome to earnings report season  The Herald Bulletin
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UPDATE 4-US sets duties on South Korean steel pipe in about-face
(Adds comments from Hyundai Hysco). By Krista Hughes. WASHINGTON, July 11 (Reuters) - The U.S. Commerce Department on Friday set duties on South Korean steel pipe used in the oil and natural gas industry, reversing itself in one of the most ...
US Slaps Tariffs on Korean Steel Pipe Because of Alleged Unfair Pricing  Wall Street Journal
US imposes anti-dumping duty on Taiwan steel pipe exporters  Focus Taiwan News Channel
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