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U.S. markets news

Food Safety in China Still Faces Big Hurdles
A production line at the Husi Food factory in Shanghai, which was discovered earlier this week to be using expired or rotten meat.
Yum cuts ties to owner of China meat plant after scandal  Reuters
Meat Supplier in China Scandal Has Global Reach  ABC News
Bloomberg   Related articles »  
Facebook's Profit Propelled by Mobile
Facebook said it had on average more than 650 million daily active users on mobile devices in June. Credit Luong Thai Linh/European Pressphoto Agency.
Facebook Answers Critics With Mobile-Ad Surge  Wall Street Journal
Facebook beats Wall Street targets, stock hits record high  Reuters
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American Apparel Adds First Female Director in Shake-Up
A file photo shows Dov Charney, founder of American Apparel Inc., standing for a portrait in a company retail store in New York, on July 29, 2010.
American Apparel Names New Board in Step to Resolve Leadership Crisis  Wall Street Journal
American Apparel Said to Be Adding First Woman to Board  Bloomberg
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S&P 500 at new record on Apple earnings
The S&P 500 has closed at a new record high after strong Apple earnings lifted the tech sector on a mixed day for stocks. The S&P 500 added 3.48 points (0.18 per cent) at 1,987.01, breaching a record set three weeks ago by about three points.
Apple pushes S&P 500 to record close; Boeing hits Dow  Reuters
Morning MoneyBeat Asia: S&P 500 Attains Another High in Mixed Session  Wall Street Journal (blog)
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Ex-Jefferies trader sentenced to 2 years in prison in fraud case
NEW HAVEN, Conn., July 23 (Reuters) - A former Jefferies Group Inc managing director convicted of defrauding investors who traded mortgage bonds through a government program established in response to the 2008 financial crisis was sentenced on ...
Ex-Jefferies Executive Litvak Gets Two Years for Fraud  Businessweek
Former trader gets 2 years in prison for fraud  The Sentinel
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Wheeler Signals Pause in World-Leading RBNZ Rate Tightening
New Zealand's central bank signaled a pause in the developed world's first round of interest-rate increases this year as the nation's soaring currency curbs inflation.
Forex - NZ dollar weaker after central bank signals pause in tightening  NASDAQ
NZ central bank raises rates for fourth-straight time  Sydney Morning Herald
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FAA caution on Israel flights reflects concern after Ukraine incident
The U.S. ban on flights to and from Israel disrupted travel from Ben Gurion International Airport in Tel Aviv. The U.S. ban on flights to and from Israel disrupted travel from Ben Gurion International Airport in Tel Aviv.
US Extends Carrier Ban on Serving Tel Aviv Airport  Wall Street Journal
Cruz Suggests Flight Ban Is Boycott of Israel  ABC News
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S&P faces fraud charges over mortgage ratings
Standard & Poor's may face securities fraud charges for ratings given to six commercial mortgage-backed securities issued in 2011, the credit rating company said.
McGraw Hill receives Wells notice over S&P securities ratings  Fortune
SEC Sends McGraw Hill Wells Notice Tied to CMBS Ratings  Businessweek
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Seven Arrested For Fleecing StubHub For $1.6 Million In Tickets
Seven alleged cyber criminals have been arrested as part of an international cybercrime ring that hacked StubHub and laundered upwards of $1.6 million dollars, the New York D.A.
Arrests made in global, $1.6M StubHub cybertheft case  USA TODAY
UPDATE 3-Seven arrested internationally in $1.6 million StubHub fraud  Reuters
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Qualcomm's Profit Hurt by Dispute Over China Royalties
Qualcomm Inc. shares fell in late trading after the chipmaker said it's struggling to collect license revenue from handset makers in China, the world's largest mobile-phone market, threatening profit growth.
UPDATE 3-Qualcomm struggles to collect royalties in China, stock falls  Reuters
Qualcomm Posts Higher Quarterly Results  Fox Business
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