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U.S. markets news

Exxon, Chevron Shareholders Defeat Anti-Drilling Proposals
Big Oil investors voted to continue doing the thing that has defined the industry since the 19th century: drilling for crude. Shareholders of Exxon Mobil Corp.
Exxon shareholders pass measure that may put climate expert on board  Reuters
ExxonMobil, Chevron Shareholders Reject Resolutions Aimed At Battling ...  NPR
Chron.com  
Seattle Power Restored After Thousands See Workday Disrupted
A blackout in downtown Seattle after a utility-equipment failure left thousands of people without power for about an hour. Power was restored at about 12:30 p.m.
Widespread power outage hits downtown Seattle  CBS News
Large power outage disrupts Seattle's downtown core  Morganton News Herald
FOREX-Dollar falls vs euro on profit taking; Fed rate-hike bets cool
(Updates prices, adds comments). * Euro rises from recent multi-week low. * Dollar index eases from more than 8-wk high. * Traders shy to boost bets on near-term Fed rate hike.
The Fed is at a communication crossroads  Nasdaq
Fed-fueled dollar rally stalls as traders wait for more clues  MarketWatch
Ex-McDonald's CEO says raising the minimum wage will help robots take jobs
A former McDonald's chief executive has warned that raising the minimum wage will spur unemployment as companies will instead employ robots that work for less.
Minimum wage protesters gather at McDonald's headquarters  Chicago Tribune
McDonald's Protesters Will Escalate Wage Battle With Campout  Bloomberg
HP Enterprise unit's merger with CSC no shield from cloudburst
Hewlett Packard Enterprise Co's (HPE.N) planned merger of its struggling IT services business with Computer Sciences Corp (CSC.
Energy companies lead the way as US stocks keep rising  Washington Post
HP Enterprise Q2'16 Earnings Conference Call: Full Transcript  Benzinga
Tribune investor calls Soon-Shiong deal 'disturbing ... distasteful'
In the wake of Tribune Publishing's blockbuster announcements that it has rejected a sweetened buyout offer from rival Gannett Co.
Glass Lewis recommends shareholders vote for Tribune Publishing board  Reuters
Investor blasts Tribune for rebuffing Gannett  USA TODAY
Oil nears $50/barrel on inventory data, boosting stocks
NEW YORK Oil prices climbed to just shy of $50 a barrel on Wednesday after a sharper-than-expected fall in crude inventories, lifting energy shares and world stock markets.
Crude futures flirt with $50/b after EIA reports crude stock draw  Platts
Oil climbs to seven-month high as US crude supply, output decline  WorldOil (subscription)
EU proposes a quota of European films on services like Netflix and Amazon
One-fifth of the films and television shows offered in the European Union by on-demand providers like Netflix, iTunes and Amazon would have to be Europe-made under new proposals issued Wednesday.
Europe's Geoblocking Decision: What You Need to Know  Bloomberg
Why is the EU pushing for restrictions on Amazon, Netflix?  Christian Science Monitor
A Complicated Legal Battle Over Sumner Redstone's Mental Acuity
Sumner Redstone's daughter, Shari Redstone, center, leaving court in Los Angeles this month. Credit Kevork Djansezian/Reuters.
Viacom Stock Surges on Speculation Dauman May Be Forced Out  Hollywood Reporter
Sumner Redstone's Viacom battle, how did it get so bad?  WPTZ
Salesforce Inks Major Deal With Amazon Web Services
This is more than marketing. We knew Salesforce and Amazon Web Services were getting cozy, ever since Salesforce's recent earnings call when its chief executive, Marc Benioff, effusively praised Amazon's cloud unit.
Salesforce confirms Amazon Web Services as its 'preferred' public ...  GeekWire
Salesforce Selects AWS as Preferred Public Cloud Infrastructure Provider  Business Wire (press release)