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U.S. markets news

VW agrees to buy back diesel vehicles, fund clean air efforts
WASHINGTON German automaker Volkswagen AG (VOWG_p.DE) will pay as much as $15.3 billion after admitting it cheated on U.S. diesel emissions tests for years, agreeing to buy back vehicles from consumers and provide funding that could benefit ...
Compensating Volkswagen's Victims  New York Times
What VW drivers should know about the giant emissions settlement  San Francisco Chronicle
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Why Xencor Inc's Shares Are Skyrocketing Today
What: Shares of Xencor (NASDAQ:XNCR), a clinical-stage biopharmaceutical focused primarily on autoimmune diseases and cancer, are up more than 35% as of 3:20 p.m.
Xencor signs cancer-drug deal with Novartis; its stock surges 32%  Los Angeles Times
Xencor Announces Strategic Collaboration for Bispecific Programs, including ...  PR Newswire (press release)
US home prices climb in April; 7 cities set new records
This Tuesday, May 24, 2016, photo shows a home for sale in Andover, Mass. On Tuesday, June 28, 2016, the Standard & Poor's/Case-Shiller 20-city home price index for April is released.
Metro Atlanta home prices rise more than U.S. average  Atlanta Journal Constitution
The cheapest homes in Miami are quickly getting more expensive  Miami Herald
Economy|First-Quarter GDP Revised Up to 1.1%, but Still Shows Slowdown
Shoppers in Queens, N.Y. Retail sales and home sales rose in April and May, two hopeful signs for the economy. Credit Mark Kauzlarich/Bloomberg.
US GDP Growth in First Quarter Revised Up to 1.1% Rate  Wall Street Journal
First Quarter U.S. Economic Growth Exceeds Previous Estimate  Bloomberg
Ikea Recalls 29 Million Chests and Dressers After 6 Children Die
At a news conference,Consumer Product Safety Commission officials demonstrated the tip-over threat of a chest of drawers popular at Ikea.
Saying goodbye to the woman who changed sports forever  USA TODAY
Ikea Recalls 29 Million Dressers After Six Children's Deaths  Bloomberg
Wall Street bounces back after two-day Brexit rout
Wall Street bounced back on Tuesday, recouping some recent losses, as investors sought cheap assets after a two-day equities rout sparked by Britain's decision to leave the European Union.
Dow, S&P 500 dip below 200-day MA lasts just one day  MarketWatch
Brexit Hits S&P 500 Pain Threshold Though Wounds Seen Survivable  Bloomberg
Jeffrey Katzenberg Sued Over Comcast-DreamWorks Animation Merger 'Side Deal'
Jeffrey Katzenberg found himself at the wrong end of a class action lawsuit filed Monday by the Ann Arbor City Employees Retirement System.
Jeffrey Katzenberg Had Conflict Of Interest In Comcast Deal, Suit Charges  Deadline
Hulk Hogan Wants to Assess Whether Gawker's Nick Denton Is Really ...  Hollywood Reporter
Pinterest Will Let You Snap Photos To Find Real-Life Products Online
Pinterest will soon let users snap smartphone photos to shop for items online. Pinterest announced its new “camera search” tool and a suite of new shopping tools at Pinterest's San Francisco, Calif.
Pinterest is soon launching a way to search for products with your ...  TechCrunch
Pinterest Encourages Shopping Frenzy With New AI Features  PC Magazine
Darius Adamczyk to succeed Dave Cote as Honeywell's CEO
Dave Cote, Honeywell International Inc.'s long-serving chairman and chief executive, will step down as CEO on March 31 but remain as executive chairman until April 2018, Honeywell said in a statement Tuesday.
Honeywell Says Adamczyk to Succeed Cote as CEO in March 2017  Bloomberg
Honeywell (HON) COO Adamczyk to Succeed Dave Cote as CEO
Mark Zuckerberg Really, Really Loves Walls
Mark Zuckerberg is building a wall on his 700-acre Hawaii parcel of land, and his neighbors are pissed. Somewhere, Donald Trump is thrusting his tiny fists in the air, furious that he's been ousted as the world's resident wall-loving entrepreneur ...
Facebook founder Mark Zuckerberg's paradise… with a wall  SFGate (blog)
Wall-Hating Mark Zuckerberg Is Building A Huge Wall On His Hawaii Property  Daily Caller