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U.S. markets news

Oil Futures Rise 8% in 3rd Gain in a Row
Oil futures soared on Monday for a third consecutive day, rising more than 8 percent, as a downward revision of United States crude production data and the readiness of the Organization of the Petroleum Exporting Countries to talk with other producers ...
UPDATE 13-Oil jumps 8 pct, biggest 3-day surge since 1990  Reuters
OPEC ready to talk, boosting oil prices  USA TODAY
Blue Bell Ice Cream Returns to Store Shelves in Select Cities
Four months after announcing one of the food industry's most sweeping recalls, ice-cream maker Blue Bell Creameries LP is embarking on one of the industry's most-ambitious recovery attempts.
Blue Bell Ice Cream Back on Shelves in Two States  New York Times
Blue Bell Ice Cream Returns to Some Stores 4 Months After Listeria Outbreak  ABC News
US stocks close out their worst month in 3 years
August was a brutal month for investors. Fears about a slowdown in China's economy and concerns about when the Federal Reserve will raise interest rates pushed stocks sharply lower this month.
GLOBAL MARKETS-Stocks fall on China, Fed concerns; oil jumps 8.8 pct  Reuters
Dow posts biggest monthly loss since 2010  MarketWatch
Fiat Chrysler aggressively pushes for a merger with GM
FCA CEO seems to have a tough time taking no for an answer. Despite GM CEO Mary Barra rejecting Fiat Chrysler CEO Sergio Marchionne's pleas for a merger multiple times, Marchionne continues to push aggressively for a deal, Automotive News reports.
Hostile Corporate Takeovers: Just a Kind of Hug  Wired
Can Fiat-Chrysler scare GM Into a Merger?  Chicago Tribune
Massive Gas Find Promises to Ease Egypt's Fuel Crisis
CAIRO - The discovery of a huge gas field off Egypt's coast promises to ease a long-running fuel crisis and boost the economy after years of unrest, but it will take years to develop and won't bring Gulf-style riches to the Arab world's most populous ...
RPT-Egypt's Zohr gas re-writes Israel's happy ending  Reuters
Massive gas find a boon for Egypt, salve for energy crisis
Wall Street's worst month in three years ends on a sour note
Wall Street ended lower on Monday and wrapped up its worst month since 2012 after comments from a senior Federal Reserve official heightened fears among investors of a potential U.S.
Fischer Doesn't Sway December Camp as 48% See Sept. Fed Liftoff  Bloomberg
S&P 500 posts biggest monthly loss in more than 3 years  USA TODAY
$3.9b made Minecraft creator depressed: 'I've never felt more isolated'
He's created one of the most popular video games in the world, then sold it for $2.5 billion. But the creator of Minecraft has revealed just how depressed his success has made him.
The melancholy billionaire: Minecraft creator unhappy with his sudden wealth  CNN
Minecraft billionaire Persson tweets real bad day in real world  Chicago Tribune
China Is Trying to Blame Its Stock Market Crash on Journalists and Businessmen
Chinese stocks are down 40 percent since June, and the government is rounding up journalists and financial executives who supposedly caused the market to dip.
Chinese reporter makes on-air 'confession' after market chaos  The Guardian
Chinese journalist makes on-air 'confession' for stock market chaos  Mashable
At 7 per cent, India remains fastest growing major economy
India remained the fastest growing major economy of the world for a second straight quarter, with GDP growing at 7 per cent during April-June 2015 against 6.7 per cent in April-June 2014.
India's Economy Outshines Neighbors  Wall Street Journal
Modi makes progress reducing stalled India projects, data show  Chicago Tribune
Gas Prices Plummet in Many States, Down 30� in One Week
When oil prices drop, so does the cost of filling up at the gas station. That's how things work normally. But the exact opposite took place in much of the country in August, as gas prices soared in the Midwest—rising 40� overnight in some locations ...
Labor Day gas prices to be lowest in a decade, AAA says  Palm Beach Post
Travel Increase Expected for Labor Day Weekend  San Fernando Valley Business Journal