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U.S. markets news

Dow, S&P dragged down by poor earnings from Exxon, Chevron
The Dow and S&P 500 were dragged down on Friday by weak earnings from oil producers Exxon Mobil and Chevron, while the Nasdaq edged up after Amgen's profit beat expectations.
US stocks inch higher despite drag from energy sector  MarketWatch
Stocks Reverse Early Gains as Exxon, Chevron Drop
San Jose Mercury News  
US employment costs post smallest gain on record in Q2
WASHINGTON U.S. labor costs in the second quarter recorded their smallest increase in 33 years amid tepid gains in the private sector, but it likely was a temporary setback against the backdrop of diminishing labor market slack.
Wage growth slows sharply in second quarter  USA TODAY
US paychecks grow at record-slow pace in 2nd quarter  Washington Post
EU Opens Investigation Into FedEx's Acquisition of TNT Express
BRUSSELS—The European Commission on Friday opened an in-depth investigation into FedEx Corp. FDX 0.36 % 's €4.4 billion ($4.8 billion) deal to buy TNT Express TNTEY 0.72 % NV, saying it was concerned about the merged company's dominance in ...
EU opens in-depth inquiry into Fedex's planned takeover of TNT  Reuters India
FedEx Bid for TNT Faces In-Depth Probe as EU Raises Concerns  Bloomberg
University of Michigan survey: Consumer sentiment dips this month but remains ...
In this June 9, 2015, photo, shopper Miguel Ramirez, left, pays Angel Hernandez for his merchandise at a local fruit store in the Little Havana area of Miami.
US consumer sentiment slips in July  Reuters
University of Michigan: Consumer Sentiment Dips in July  ABC News
Uber invests $1 billion in Indian market
Uber is bullish on the Indian market: The company said it plans to pour $1 billion into its India operations over the next nine months.
Why Uber's $1 bn bet on India is not likely to be its last; app-based ...  Firstpost
Uber to invest $US1b on India expansion  Sky News Australia
China's stock market just had its worst monthly drop in 6 years
The country's economic woes continue. China's stock market fell again on Friday, with The Shanghai Composite Index slipping 1.1% to close at 3,663.73, according to a report in Bloomberg News.
How one man endured the China stock market rollercoaster ride  Sydney Morning Herald
China's stock market just had its worst month in six years  Quartz
UPS Buying Coyote Logistics for $1.8 Billion
UPS will spend $1.8 billion to acquire Coyote Logistics as it maneuvers for a slice of the burgeoning freight brokerage business. Coyote has helped support UPS in the past during the busy holiday season, the last two of which have caused headaches for ...
UPS to buy Coyote Logistics for $1.8 billion from Warburg Pincus  Reuters
UPS Agrees to Buy Coyote Logistics for $1.8 Billion  Wall Street Journal
Sharp abandons TVs in the US, hands keys to China's Hisense
Sharp's financial problems have forced it to leave the LCD TV business in North America. Chinese TV maker Hisense has paid a mere $23.7 million for the company's Mexican factory and the right to use the Sharp brand in North and South America.
UPDATE 2-Japan's Sharp to exit Americas TV market after deep Q1 loss  Reuters
Japan's Sharp to exit Americas TV market after deep first-quarterly loss  Reuters Canada
More Samsung Galaxy Note 5 Images Appear
More images of the already heavily leaked Galaxy Note 5 - Samsung's upcoming flagship phablet - have popped up on the net, this time thanks to popular render artist Ivo Marić.
$10bn wiped off Samsung value  Independent Online
Samsung drops US$10b in market value on stalling S6 sales  THE BUSINESS TIMES
UPDATE 1-Pipeline operator Enbridge profit rises as shipments increase
(Adds details, background, shares). July 31 (Reuters) - Enbridge Inc, Canada's largest pipeline company, reported a higher-than-expected rise in quarterly adjusted profit, helped by increased throughput as producers moved more oil by pipes than on rail.
Enbridge Second-Quarter Profit Declines 24% Amid Rising Capacity  Bloomberg
Enbridge Reports Second Quarter Adjusted Earnings of $505 Million or $0.60 ...  MarketWatch