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U.S. markets news

Fatal crash of Tesla Model S in autopilot mode leads to investigation by ...
Federal regulators opened a preliminary probe into the autopilot feature on a Tesla Model S electric car after a fatal crash involving the technology, Tesla said Thursday.
Business Day|Self-Driving Tesla Was Involved in Fatal Crash, US Says  New York Times
NHTSA probes Tesla self-driving cars after fatal crash  The Detroit News
Wall Street Journal  
Britain May Need to Cut Rates, Bank of England Chief Says
“It now seems plausible that uncertainty could remain elevated for some time, with a greater drag on activity than we had previously projected,” Mark Carney, governor of the Bank of England, said on Thursday.
Asia markets open higher; ASX up 0.7 pct, Nikkei up 0.8 pct and Kospi higher ...  CNBC (subscription)
Pound Drops as Bank of England Chief Hints at Rate Cut  Wall Street Journal
Snack Giant Mondelez Makes $23 Billion Takeover Bid for Hershey
... MDLZ 5.91 % Mondelez International Inc. MDLZ 5.91 % made a roughly $23 billion bid for Hershey Co. HSY 16.83 % in an effort to create the world's largest candy maker at a time when both companies' sales are under pressure.
Hershey rejects $23 billion Mondelez takeover offer  Reuters
Trust Holds the Key to Whether a Bid for Hershey Succeeds This Time  New York Times
In Sports Authority bankruptcy, customer e-mail data commands hefty sum
When Sports Authority Inc. said “everything must go,” it meant everything - including its customers' personal information.
Dick's Sporting Goods may open store in Bellingham  The Bellingham Herald
Dick's Sporting Goods outbids rivals for Sports Authority  Pittsburgh Post-Gazette
China factory activity stalls in June, more stimulus expected
BEIJING Growth in China's manufacturing sector stalled in June, an official survey showed on Friday, adding to expectations that Beijing will have to roll out more stimulus soon to boost the sluggish economy.
China's Manufacturing Treading Water as Services Perk Up  Bloomberg
China official June manufacturing PMI 50.0 vs 50.1 in May  CNBC (subscription)
Knight, creator of world's leading sports brand, leaves Nike board
A half century since he co-founded the company that would become one of the world's most famous brands, Phil Knight has retired as chairman of Nike's board.
Tim Cook Becomes Nike's Lead Independent Director  Fortune
Nike Co-Founder Phil Knight Officially Retires as Chairman  Wall Street Journal
UPDATE 2-Six Williams Cos directors resign after failing to oust CEO -source
(Recasts lead to show that chairman among the resignations; adds background). By Michael Flaherty and Michael Erman. June 30 Six of Williams Cos Inc's directors, including the pipeline company's chairman, resigned on Thursday after a failed attempt to ...
Six Williams Directors Said to Resign After Failed Takeover  Bloomberg
DealBook|Half of Williams's Board Resigns After Vote to Oust CEO Falls Short  New York Times
AMC's $1.1 Billion Carmike Deal in Doubt After Shareholder Vote Delay
"We are fully prepared to see the Carmike transaction pass by the wayside," AMC head Adam Aron warned Thursday. AMC Entertainment on Thursday said it may walk away from its $1.1 billion deal to acquire the Carmike theater chain after Thursday's ...
AMC could pull out of deal to acquire Carmike Cinemas  UPI.com
Sanders fights GMO labeling bill test vote
With help from Jenny Hopkinson, Helena Bottemiller Evich, Jason Huffman and Catherine Boudreau. SANDERS FIGHTS GMO LABELING BILL TEST VOTE: The Senate voted 68-29 late Wednesday on a procedural move that lays the groundwork for a final ...
GMO labels are about to hit Vermont shelves  Marketplace.org
VT retailers say GMO label law unclear  BurlingtonFreePress.com
Reports Show Increase in Corn Planting, Adding Volatility to Agriculture Markets
CHICAGO—U.S. farmers are planting more corn and soybeans even as the nation's stockpiles swell, according to twin government reports Thursday that are set to stoke more volatility in agriculture markets.
GRAIN HIGHLIGHTS: Top Stories of the Day  Nasdaq
US Farmers' Sales of Corn, Soybeans Outstrip End-User Demand  Agriculture.com