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U.S. markets news

UPDATE 2-LinkedIn revenue beats expectations despite strong dollar
(Adds details). By Devika Krishna Kumar. July 30 (Reuters) - LinkedIn Corp, operator of the biggest social networking site for professionals, reported a better-than-expected 33 percent rise in quarterly revenue, driven by strong growth in its business ...
LinkedIn Earnings Top Expectations  Wall Street Journal
LinkedIn Shares Slip on Concerns Lynda Buy Masks a Slowdown  Bloomberg
Financial Times  
Spring Rebound for US Economy Sets Stage for Fed Rate Hike
The U.S. economy isn't moving at warp speed, but it looks like it will be strong enough to handle an expected interest rate increase later this year.
Atlanta Fed GDP Tracker Wins Second-Quarter Forecasting Race  Wall Street Journal
Economic Growth in U.S. Picks Up After Better Start to 2015  Bloomberg
Nasdaq up 0.3% after GDP news; Dow, S&P 500 flat
Stocks cut early losses Thursday, with the Nasdaq climbing and the Dow and S&P 500 finishing flat as investors digested a batch of mixed corporate earnings and a report of slightly lower than expected but decent economic growth.
US Stocks End Flat Amid Earnings, GDP Data  Wall Street Journal
Wall Street flat on mixed earnings, data  The Australian
Worms Invade Houston Suburb Water Supply
The faucets, sprinklers and shower heads in Old River-Winfree, a suburb 25 miles east of Houston, have been infested with small red worms—and no one seems to know where they came from.
Texas Town Not Happy With Worms in Water Supply  Newser
Worms Infest Drinking Water of Texas Neighborhood  Investorplace.com
Whole Foods' stock is teetering on the edge of a scary technical cliff
Whole Foods Market Inc. may not have as much time as it hopes to repair its image, because the natural-foods grocer's stock has reached the edge of a technical cliff, that warns of a potentially massive selloff.
Whole Foods to take on Trader Joe's in LA with smaller stores  Los Angeles Times
Whole Foods Learns A Golden Rule Of Leadership -- The Hard Way  Forbes
What is SoulCycle, And Why Are People Obsessed With It?
A company called SoulCycle, well-known in big cities like New York and San Francisco, has decided to go public. Wall Street is aflutter, and so are fitness fanatics familiar with the workout chain, which is notorious for inspiring a cult-like following ...
SoulCycle Files for Public Stock Offering  New York Times
7 Things We Learned from SoulCycle's IPO Filing  Wall Street Journal (blog)
Fed's 'nearly balanced' language no bar to Sept rate rise
WASHINGTON The U.S. Federal Reserve will not need to see balanced risks to the economy to proceed with an interest rate hike in September, according to former Fed officials and a review of central bank statements through recent turns in policy.
Gold Falls on Dollar Strength, Fed Rate Worries  Wall Street Journal
US stocks pare early losses to end flat  MarketWatch
Amgen's profit jumps 7% in 2nd quarter as sales rise, costs decline
Thousand Oaks biotech firm Amgen Inc. said its profit jumped 7% in the second quarter as sales of several key drugs increased. The results, released after markets closed Thursday, were better than analysts had expected.
Amgen profit tops Street view, boosts full-year forecast  Reuters
Amgen Raises 2015 Outlook, Results Beat Expectations  Wall Street Journal
NBCUniversal near deal to invest $250M in BuzzFeed
NBCUniversal, a subsidiary of Comcast, is interested in investing in BuzzFeed and raising its stake in Vox Media, according a person familiar with the matter.
NBCUniversal Said to Be Near Investing in BuzzFeed and Vox  New York Times
Comcast's Big Bet on BuzzFeed Is About Native Advertising  TheStreet.com
Expedia tops 2Q profit forecasts
Expedia Inc. (EXPE) on Thursday reported second-quarter profit of $449.6 million. The Bellevue, Washington-based company said it had profit of $3.38 per share.
Expedia profit tops expectations  MarketWatch
Expedia beats 2Q net income expectations, meets revenue forecasts  Fox Business