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U.S. markets news

Federal Reserve inches closer to interest rate hike
WASHINGTON - The march toward the first increase in a key interest rate since 2006 picked up pace as Federal Reserve policymakers indicated Wednesday that economic conditions are improving.
Asian Shares Higher After Fed Meeting; China Shares Flat  Wall Street Journal
MarketsAsian markets look past Fed, Chinese shares gain  Financial Times
Financial Express  
Whole Foods earnings fall short amid overcharging scandal
Whole Foods Market is still smarting over a report last month that it overcharges consumers - and shoppers responded by voting with their wallets.
Whole Foods Sales Sour After Price Scandal  Wall Street Journal
Whole Foods picks Bellevue Square for small, new '365' store concept  The Seattle Times
Facebook is now the world's most-used tech product
At the end of June, nearly 1.5 billion people used Facebook (FB, Tech30) at least once a month, the company reported on Wednesday.
Facebook Earnings: Strong Performance Across the Board  Fox Business
Facebook beats Street but expenses a worry  USA TODAY
US can stay under debt ceiling through at least late Oct: Treasury chief
WASHINGTON The U.S. federal government can stay below its legal limit on borrowing until at least late October and likely do so a little longer than that, Treasury Secretary Jack Lew said on Wednesday.
Lew informs Congress he extending debt-limit measures  Washington Post
There's a new debt-ceiling deadline on the horizon...  Milford Beacon
UK economy and the impact of the Greek issue
European markets have rallied over the past fortnight as the Greek crisis has been yet again kicked into the long grass. The Greek prime minister, Alexis Tsipras, secured a credit lifeline for his nation's banks - which reopened on Monday 20 July for ...
EU's Moscovici optimistic on third Greek bailout talks  Reuters
UPDATE 5-US Coast Guard investigates oil slick off California coast
(Additional information from Coast Guard and county health officials). By Dan Whitcomb and Alex Dobuzinskis. LOS ANGELES, July 29 (Reuters) - The U.S.
Mysterious oil slick in California not dangerous  Press Herald
SB County Fire: Oil sheen near Goleta due to natural seepage  KSBY San Luis Obispo News
$15M settlement reached in Hawaii molasses spill
A major shipping company has agreed to pay more than $15 million to compensate for a 2013 molasses spill in Honolulu Harbor, Hawaii's attorney general said Wednesday.
Matson and the State of Hawaii Reach Settlement on Molasses Incident of 2013  MarketWatch
Matson settles Hawaii's claims over molasses spill for $15M  The Elkhart Truth
Carlyle and Apollo Find Selling Is Easy; Buying, Not So Much
Carlyle Group CG 1.27 % LP and Apollo Global Management APO 0.34 % LLC reported second-quarter results Wednesday showing that, while it is a sellers' market for private-equity holdings, the firms continue to face challenges making new investments.
Buyout business continues to fuel Carlyle's profits as firm turns cautious  Washington Post
Carlyle Profit Slips, but Tops Forecasts  New York Times
UPDATE 4-Anthem profit beats as medical costs stay at low end of estimates
(Updates deal value to exclude debt in 1st, 6th paragraphs, updates stock action). By Caroline Humer. July 29 (Reuters) - Health insurer Anthem Inc, which plans to buy rival Cigna Corp for $47 billion, on Wednesday said medical costs, particularly in ...
Anthem's purchase of Cigna will hurt consumers  Washington Post
Anthem's Profits Soar amid Government's Medicaid Program  Uncover Michigan
Ford surprises in 2Q with record North American profit
Ford earned $1.9 billion in the second-quarter, up 44% from a year earlier, largely on the strength of sales of larger, higher priced and more profitable vehicles in North America.
Ford books record North American profit (blog)
Ford Surprises in 2Q with Record North American Profit – Product Design  Press Examiner