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U.S. markets news

Dollar up on Fed rate bets, earnings lift shares
LONDON The dollar rose to its highest in more than three months and U.S. Treasury yields rebounded from two-month lows on Wednesday, after a Federal Reserve official said the central bank was close to raising interest rates.
Asian shares trade mixed on US rate rise talk  BBC News
Copper Declines in London as Wagers Climb on Fed Rate Increase  Bloomberg
Financial Times  
Walt Disney Co. earnings: 5 things to know
Walt Disney Co., the world's largest entertainment firm, has turned in another strong fiscal quarter, setting a new record for quarterly profit.
Disney's mixed results boosted by 'The Avengers'  Irish Independent
Disney misses revenue forecast despite profit rise
Yuan Seen Pegged Into '16 as IMF Extends Reserve-Currency Window
China will probably keep the yuan pegged to the dollar into 2016 after the IMF signaled a delay to giving it reserve status. The country's authorities have kept the yuan at about 6.2 a dollar in Shanghai since March, seeking to spur global usage before ...
IMF signals doubts on renminbi as reserve currency  Financial Times
The yuan and the SDR China knocks on the reserve-currency door  The Economist (blog)
Elevated radiological readings reported at WIPP, no sign of radiation leaving site
Slightly elevated radiological readings have been reported at the Waste Isolation Pilot Plant (WIPP) in Carlsbad, according to a release from the facility.
WIPP confirms radiological release did not occur  Carlsbad Current-Argus
At least 24 dead, more than 300 resuced after twin train derailments in India
At least 24 people died and hundreds were rescued after two passenger trains derailed nearly side by side as they crossed a bridge in central India late Tuesday night.
Twin trains veer off flooded bridge in India killing dozens  CNN International
Puerto Rico investors could try to force payment on bonds -filing
Aug 4 Holders of at least 20 percent of Puerto Rico's Public Finance Corp bonds, on which the U.S. commonwealth defaulted on Monday, would need to consent to suing Puerto Rico in order for the bondholders' trustee to file a lawsuit on their behalf, a ...
US Refusal to Rescue Puerto Rico Hurts US International Standing  Sputnik International
Puerto Rico looks for ways to save cash  CBS News
Rate cut could have stoked inflation, yielded little
Reserve Bank of India Governor Raghuram Rajan Wednesday defended his decision not to cut rates, saying the risk reward trade off was poor.
Govt's reforms plan in focus  Times of India
European markets higher as Fed expectations build  CNBC
GE Plans App Store for Gears of Industry
General Electric has seen the future of manufacturing and it involves competing with some very big technology companies. G.E. is announcing on Wednesday a push into computer-based services, connecting sensors that are on machines to distant ...
GE launches cloud for the industrial Internet  PCWorld
GE unveils customized cloud service in industrial data push  Reuters
Netflix offers employees unlimited parental leave
Mums and dads working for Netflix in the USA will now get “unlimited” parental leave for the first year of their child's life, the company has announced.
Netflix Gives Employees Unlimited Maternity/Paternity Leave  Netflix Life
Netflix to give workers with babies a year of paid leave  Rapid News Network
Toyota Motor Q1 net profit jumps 10 pct, beats estimates
TOKYO Aug 4 Toyota Motor Corp posted a 10 percent rise in first-quarter net profit on Tuesday, beating analyst estimates, as costs cuts and currency gains made up for weaker global vehicle sales.
Cheap yen, cost cuts give Toyota a boost  CBS News