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U.S. markets news

Asia stocks bounce, bonds benefit from the unknown
SYDNEY Asian share markets joined a global rebound on Wednesday as the immediate drag from the Brexit vote began to ebb and investors wagered central banks would ultimately ride to the rescue with more stimulus measures.
Asia Shares Rally as Brexit Worries Abate  Wall Street Journal
Asian Stocks Advance Amid Global Rebound on Stimulus Speculation  Bloomberg
Yahoo News  
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 first-quarter GDP revised up, Brexit risk to outlook  Reuters
US GDP Growth in First Quarter Revised Up to 1.1% Rate  Wall Street Journal
Airbnb sues San Francisco over law it helped fashion
The company is fighting a decision by the San Francisco Board of Supervisors to fine Airbnb $1,000 a day for every unregistered host who used the service.
Airbnb looking to up valuation to $30B  New York Post
Airbnb Sues Its Hometown, San Francisco  Courthouse News Service
Kellogg's to open all-day cereal cafe in Times Square
The hippest new Times Square restaurant believes breakfast cereal is the most important meal of the day - and will cater to a clientele eager for food and childhood flashbacks of Tony the Tiger and Toucan Sam.
Kellogg's is opening a cereal cafe in NYC  CNNMoney
New Restaurant Serves Only Cereal -- but With a Flair  Money Talks News (blog)
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.
Cleveland house-price growth holds steady, Case-Shiller report shows ...  cleveland.com
Home Prices Setting New Highs In More Cities, Says S&P/Case-Shiller  Forbes
Novartis to Co-Develop Two Xencor Bispecific Antibodies
Novartis will co-develop Xencor's two T-cell-engaging XmAb bispecific antibodies targeting acute myeloid leukemia and B-cell malignancies as part of a broader collaboration that could generate up to up $150 million upfront for Xencor, the companies ...
Xencor Announces Strategic Collaboration for Bispecific Programs, including ...  PR Newswire (press release)
Xencor (XNCR) Offers Update on Lead Product Candidates, Novartis (NVS ...  StreetInsider.com
Moody's Puts UK Banking System on Negative Outlook
Moody's Investor Service on Tuesday lowered its outlook on the U.K.'s banking system to negative and cut its outlook on certain individual institutions, moves that follow its downgraded view of the country's credit rating after U.K.
UPDATE 1-Moody's cuts outlook on UK banking system, 12 banks after Brexit  Reuters
Barclays, HSBC Have Outlook Cut by Moody's After Brexit Vote  Bloomberg
Toyota recalls 1.4 million cars over faulty airbags
Japanese carmaker Toyota says it will recall 1.43 million vehicles worldwide over faulty airbags. The cars affected are Prius and Lexus models from 2008 to 2012.
Toyota recalls 1.43 million vehicles for defective air bags  Atlanta Journal Constitution
Toyota recalls 2.86 million cars globally over emissions control unit  Reuters
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.
US stocks bounce back from Brexit selloff  MarketWatch
U.S. Futures Are Bouncing Back, After Brexit  TheStreet.com
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.
Snap And Shop: Pinterest Brings New Buyable Pins, Shopping Bag And Enhanced ...  Tech Times
Pinterest camera feature links snaps to pins  USA TODAY