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U.S. markets news

US moves to levy tariffs on steel from South Korea, 8 other nations
The U.S. energy boom has boosted demand for steel tubes. Above, a view through tubing used in parts at a Reliance Steel & Aluminum subsidiary.
Commerce Department dumps on steel dumping  Mesabi Daily News
US imposes duties on steel pipe imports from South Korea  Bangkok Post
New York Times   Related articles »  
New life for Crumbs cupcakes
Just days after a massive loan default and shutting all its stores, Crumbs Bake Shops is getting another shot at life. On Friday, an investment group offered to buy the Crumbs cupcake business as part of its bankruptcy filing.
Crumbs cupcake shops may be resurrected by local investor  Chicago Tribune
CNBC star Marcus Lemonis will buy Crumbs cupcake chain  New York Daily News
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General Motors Poaches Infiniti Chief De Nysschen To Revamp Cadillac
Johan de Nysschen, one of the global auto industry's boldest leaders, is on the move again, headed to Cadillac as its new president after he left the top post at Infiniti this week.
GM's Cadillac at a crossroads - again  Reuters
If YOU Were Johan de Nysschen What Would YOUR FIRST Actions As President ...
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Rate Debate Heats Up Among Fed Officials
Federal Reserve Chairwoman Janet Yellen will testify to Congress on Tuesday and Wednesday. Getty Images. A debate is intensifying among the Federal Reserve's regional bank presidents about whether to push interest rates up from zero sooner than ...
Endgame for World Cup, Fed Bond Buying  U.S. News & World Report (blog)
Rising bond yields point to rate rises  Financial Times
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Global stock indexes up slightly as Portugal fears ebb; oil down sharply
NEW YORK (Reuters) - Major global equities markets edged higher and the yen stabilized against the U.S. dollar on Friday as worries about Portugal's biggest bank ebbed, while oil prices dropped on easing concern about supply losses in the Middle East.
Dollar stable vs euro as Portugal fears ease  Business Recorder
GLOBAL MARKETS-Stock indexes up slightly as Portugal fears ebb; oil down ...  Reuters Africa
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Amazon asks FAA for permission to fly drones
FAA rules allow hobbyists to fly drones, like this small one in Middletown, Md. Amazon says it has been testing drone delivery indoors and in other countries.
US retailer wants to test-fly its new drones  The Nation
Amazon Asks FAA for Permission to Test Drones  Wall Street Journal
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Winning numbers drawn in 'Mega Millions' game
ATLANTA - The winning numbers in Friday evening's drawing of the �Mega Millions� game were: 09-13-30-35-69, Mega Ball: 10.
Mega Millions Lottery New Friday July 11th Drawing Totals and Scam Alert ...  Classicalite
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With Merger, Tobacco Takes On Technology
Photo. Credit Harry Campbell. Disruptive technology can spur takeovers as companies, fearing for their business, race to bulk up and acquire innovators.
Reynolds American, Lorillard Confirm Merger Talks  Wall Street Journal
Tobacco shake-up likely as merger talks begin  Irish Independent
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Car-Hailing Service, Lyft, Postpones Its Debut in New York
Hours before it was to begin operating in Brooklyn and Queens on Friday, a car-hailing company that relies on drivers to use their own vehicles to carry passengers said it was delaying its New York debut, capping a day of legal tussles with city and state ...
Lyft delaying New York City launch of car-hailing service, will meet with ...  New York Daily News
Ride-sharer Lyft stalls out in NY  The News Journal
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Wells Fargo profit edges up
NEW YORK (AP) - A stable housing market and fewer bad loans helped lift Wells Fargo's quarterly profit 3 percent. The country's largest mortgage lender said Friday that net income rose to $5.42 billion for the three months ending in June, up from $5.27 ...
Wells Fargo profit increases 3.8% as home lending regains traction  Los Angeles Times
Wells Fargo Profit Rises Despite Drop in Revenue  New York Times
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