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U.S. markets news

Twitter Revenue Up 61%, but User Growth Lags
SAN FRANCISCO - If you're like most people, you don't see the point of Twitter - and that's a big problem for the company.
Twitter shares fall as growth of monthly users slows  Reuters
Twitter shares slump as executives say growth will take time  Livemint
Wall Street Journal (blog)  
Wall St ends five-day losing streak
Wall Street has broken a five-day losing streak, helped by a round of better-than-expected profit results and easing fears about the volatile Chinese share market.
Markets Live: Strong start in sight  Sydney Morning Herald
Wall Street ends sharply higher as China jitters ebb | Reuters  Firstpost
Some U.S. senators want to start oil war with Iran
As Secretary of State John Kerry tried to sell the Iran nuclear deal to Congress Tuesday, some U.S. senators were ready to start an oil war with Iran.
Gardner bucks party line on public-lands bill  The Durango Herald
Murkowski Fends Off Thorny Add-Ons to Energy Bill  Alaska Public Radio Network
Procter & Gamble names new CEO
CINCINNATI - Procter & Gamble's (PG) group president for global beauty, grooming and healthcare will become the company's next chief executive on Nov. 1, the company said Tuesday.
Procter & Gamble chooses 35-year company veteran as new CEO  Fortune
Procter & Gamble Names Taylor to Succeed Lafley as CEO  ABC News
Amazon wants a special air zone for its fancy delivery drones
The Internet retailer wants a 200-foot space of air. Online retailer Amazon AMZN -0.90% wants to someday deliver your order via drone - a high-speed one, at that - and it wants a special piece of the sky to shuttle those drones, according to a ...
Drone traffic control? NASA, Amazon, Google partner to manage self-driving ...  San Jose Mercury News
Amazon proposes drone superhighways  PCWorld
Yelp Posts Surprise Loss as Revenue Growth Slows
Yelp, the consumer review website, reported a surprise loss and forecast revenue for the current quarter that fell far below market expectations, sending its shares plummeting in after-hours trading on Tuesday.
UPDATE 2-Yelp reports surprise loss, revenue forecast disappoints  Reuters
PayPal co-founder Max Levchin resigns from Yelp's board  Fortune
Citrix Settles With Activist Elliott, Begins New CEO Search
Citrix Systems Inc. said it reached a settlement with investor Elliott Management Corp., agreeing to add the activist's chief agitator Jesse Cohn to its board and begin a search for a new chief executive officer.
Citrix Will Replace Chief, Bending to Elliott Management  New York Times
Changes at Citrix: CEO Templeton steps down  Miami Herald
Fuel Emergency: Jet Had Only Minutes of Fuel Left While in Flight
We turn now to the emergency call from a passenger on a plane from Los Angeles. The pilot calling air traffic control, saying he had less than five minutes left of fuel and the control tower telling him, you'll have to wait 20 minutes, all of this with ...
Pilot with three minutes of fuel left told he can't land because airport ...  New Zealand Herald
FAA investigating airliner that nearly ran out of fuel  seattlepi.com
UPDATE 2-Gilead hepatitis C sales beat Wall Street, sales outlook raised
... * Q2 Hepatitis C drug sales total $4.9 billion. * Product sales rise 27 percent to $8.1 billion (Adds company comment, updates share price).
How a hugely overpriced hepatitis drug helped drive up US health spending  Los Angeles Times
The staggering success of Gilead's hepatitis drugs, in one chart  Quartz
Dallas-area home prices grow at almost twice the national average
The Dallas area had one of the highest home price gains in the country in the latest nationwide comparison. Dallas home prices in May were up 8.4 percent from a year ago in the new Standard & Poor's/Case-Shiller Home Price Index.
S&P: Home prices 'increasing twice as fast as inflation, wages'  Seaside Courier
Case-Shiller Indices Show Home Prices Clearly Outpace Inflation  Economic Populist