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U.S. markets news

GE Capital Is No Longer Too Big To Fail
General Electric's GE +1.60% sprawling finance business was a huge moneymaker in the years before the 2008 financial crisis, but quickly became an albatross as frozen credit markets nearly brought the entire institution to its knees.
GE Wins Regulatory Approval to Shed Too-Big-to-Fail Label  Bloomberg
DealBook|General Electric Wins OK to Shed 'Too Big to Fail' Label  New York Times
US Pending Home Sales Fell 3.7% in May
WASHINGTON--The number of homes going under contract for sale fell in May, a sign of slowing in the U.S. housing market. The National Association of Realtors' pending home sales index, which tracks contract signings for purchases of previously owned ...
Pending Home Sales Skid in May  PR Newswire (press release)
US pending home sales drop 3.7 percent in May  Reuters
Uber's App Will Soon Begin Tracking Driving Behavior
Uber Technologies Inc. has developed new technology to track when drivers of the ride-hailing app go too fast, cut corners or brake harshly by monitoring the sensors in their smartphones.
Uber tests software to track speed, sudden stops by drivers  Los Angeles Times
Uber Is Tracking Drivers' Phones to Watch for Speeding  TIME
Brexit: Vodafone says it might leave the U.K.
Britain's vote to leave the European Union may cost it the world's second-largest telecom company. British industry giant Vodafone (VOD) says it's considering moving its headquarters out of the U.K.
The Latest: Scottish leader meets with EU over Brexit  U.S. News & World Report
Brexit: It's Hard to See an Upside  Light Reading
Wall Street opens higher as Brexit grip loosens
Wall Street opened sharply higher for the second day on Wednesday as the initial panic surrounding Britain's vote to leave the European Union settled and investors looked for bargains among beaten-down stocks.
Wall Street opens higher as Brexit shock eases
Wall Street set for higher open as Brexit grip loosens
CIBC to Buy PrivateBancorp, Extending Canadians' Push Into U.S.
Canadian Imperial Bank of Commerce agreed to buy Chicago-based PrivateBancorp Inc. for $3.8 billion, joining the list of Canadian lenders looking to the U.S.
CIBC to Buy PrivateBancorp in Chicago for $3.8 Billion  American Banker
Canada's CIBC to buy US-based PrivateBancorp in $3.8 billion deal  Reuters
Wal-Mart takes aim at Amazon as Prime Day approaches
The world's largest retailer isn't going to sit idly by as Amazon builds out - and strengthens the loyalty - of its legion of Prime members.
Ahead Of Amazon Prime Day, Wal-Mart Tries To Move In  CBS Local
Walmart is giving everyone a month of free shipping  CNNMoney
US Consumer Spending Rose 0.4%, Showing More Confidence After Slow First Quarter
WASHINGTON—Consumer spending climbed in May, suggesting a key pillar of the U.S. economy has bounced back after a lackluster start to the year.
US consumer spending rises in May, inflation still benign  Reuters
Politics|US Consumer Spending Posts Healthy Gain in May  New York Times
General Mills' 4th-Quarter Results Beat Expectations
General Mills' fiscal fourth-quarter results beat analysts' expectations as the packaged food company worked on slashing costs and refreshing its product lineup amid struggling sales.
General Mills Revenue Falls, But Less Than Expected  Wall Street Journal
3 Big Takeaways From General Mills' Latest Quarter
Apollo Global to Buy Diamond Resorts for $2.2 Billion
Apollo Global Management LLC agreed to buy Diamond Resorts International Inc. for about $2.2 billion, the timeshare resort company said Wednesday.
Notable Mergers and Acquisitions 6/29: (APO)/(DRII) (CM)/(PVTB) (ETE) (AMD ...
Diamond Resorts to Be Bought by Apollo in $2.2 Billion Deal  Bloomberg