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U.S. markets news

Round Numbers Slow Down S&P 500 to Shaoul as Barish Sees 5% Drop
Amid a dozen rationales for this week's selloff in stocks, from Argentina to the Federal Reserve and Portugal's banks, Michael Shaoul said something simpler should be considered: the number 2,000.
REFILE-US STOCKS-Wall St flat; weak payrolls soothe rate-hike fears  Reuters
Stocks finish tough week with more losses  CNNMoney
Reuters UK   Related articles »  
Buffett's $2 billion bounce
His company, Berkshire Hathaway (BRKA), said Friday that its profit grew by nearly $2 billion in the second quarter. The company, a broad-based investment conglomerate that includes diverse names like Geico Auto Insurance, Burlington Northern Santa Fe ...
Berkshire Hathaway admits BNSF standards slipped  Financial Times
Berkshire Hathaway 2Q profit jumps 41 percent  Washington Post
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Procter & Gamble to Streamline Offerings, Dropping Up to 100 Brands
After years of expansion into areas like pet food and beauty products, Procter & Gamble announced on Friday that it would cut as many as 100 brands from its arsenal to focus on others, like Tide, that made the company a powerhouse over the decades.
Procter & Gamble to Axe 90-100 Brands in its Portfolio  Fox Business
Procter & Gamble to Shed More Than Half Its Brands
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Utility to pay Tennessee coal ash victims $27.8M
The nation's largest public utility has agreed to pay $27.8 million to settle claims from Tennessee property owners who suffered damages from a huge, 2008 spill of toxin-laden coal ash sludge that drew national attention to coal ash and its toxic contaminants.
Tennessee Valley Authority To Pay Coal Ash Spill Victims $27.8 Million  Huffington Post
TVA to pay $27.8M to Kingston coal ash victims  The Tennessean
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Argentina blames US mediator for debt default
Argentina has blamed the US for its debt default, calling the mediator in failed talks "incompetent". Cabinet Chief Jorge Capitanich said his country was considering opening proceedings at international tribunals in The Hague after it was declared to be in ...
Argentina Defaults On Its Debt....Again  Forbes
Argentina equities still hot despite the country's debt woes � really  Financial Post
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GoPro's Nick Woodman On Life As Head Of A Public Company And Microsoft's ...
GoPro CEO Nick Woodman (right) has never been one to shy away from the camera. (Photo: Andrew Burton/Getty Images). Since the last time we spoke with GoPro founder and CEO Nick Woodman, some things have changed.
GoPro Reports Wider Loss in First Report After IPO  Businessweek
GoPro CEO Woodman focusing on long-term growth  CNBC
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Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Bally ...
NEW YORK, Aug 01, 2014 (BUSINESS WIRE) -- Kirby McInerney LLP is investigating potential claims against Bally Technologies, Inc. (�Bally� or the �Company�) (NYSE:BYI) concerning the proposed acquisition of the Company by Scientific Games ...
EQUITY ALERT: The Rosen Law Firm Announces Investigation of Bally ...  Wall Street Journal
Scientific Games Bonds Drop After Agreement to Buy Bally  Businessweek
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UCLA to Replace Entire Floor of Basketball Arena After Flood
LOS ANGELES�The University of California, Los Angeles, will have to replace the entire wooden floor of the school's renowned basketball arena after a 93-year-old city water pipe ruptured and flooded the campus with 20 million gallons of water earlier this ...
Floor of UCLA's famed Pauley Pavilion to be replaced after water main break  Reuters
Photo gallery: Water main breaks on UCLA campus  Kansas City Star
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UPDATE 6-US auto sales fall short of expectations in July
(Adds analyst comment, final annual sales rate figure, luxury sales, details). By Bernie Woodall, Ben Klayman and Paul Lienert. DETROIT Aug 1 (Reuters) - Ford Motor Co and Toyota Motor Corp posted stronger-than-expected growth in U.S.
SUVs power GM; Ford, Chrysler sales jumps  USA TODAY
Incentives lit a fire under July auto sales  CBS News
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Cheating Banker Gets Mercy After Wife's Plea to Judge
Former Evercore Group LLC investment bankerFrank Perkins Hixon Jr., who said he engaged in insider trading to support the child of his extramarital affair, was sentenced to 2 1/2 years in prison after his wife pleaded with the judge for leniency.
Ex-banker sentenced in New York for making inside trades linked to child ...  The Tribune
Ex-Evercore Senior Managing Director Sentenced for Insider Trading  Wall Street Journal
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