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U.S. markets news

Asian stocks set for worst monthly drop in three years on global rout
HONG KONG Asian shares fell on Monday and looked set for their worst monthly performance in three years after top Federal Reserve officials kept the door open for an interest rate hike in September and Chinese stock markets took a fresh tumble.
Asia Stocks Sag as Fed Rate Hike Prospects Revive, China Still a Worry  NDTV
China's market missteps tripping up others  Dallas Morning News
Moneycontrol.com  
Oil prices fall on profit taking, rate hike uncertainty
SINGAPORE Oil prices fell in Asia on Monday as traders took profits, snapping three days of gains last week that saw the biggest two-day rally in six years.
Oil retreats after biggest 2-day rise since 2009 as rigs climb  THE BUSINESS TIMES
Oil Prices Start Week on Softer Note  Wall Street Journal
Challenged on Left and Right, the Fed Faces a Decision on Rates
JACKSON HOLE, Wyo. - Conservative activists who want the Federal Reserve to raise interest rates distributed chocolate coins in golden wrappers at the local airport last week as Fed officials arrived for their annual policy retreat.
Aussie Drops as Fed's Fischer Keeps Door Open for September Move  Bloomberg
World to Fed: We're ready for US rate hike, so don't delay  CNBC
Minecraft creator 'Notch' hates being a billionaire
Being a billionaire may sound like a great idea on paper but it doesn't necessarily equate to happiness, with the brains behind Minecraft, Markus “Notch” Persson, revealing his deep loneliness and sadness despite selling his company to Microsoft for $2 ...
Tale of the depressed billionaire and the brain chemicals  Sydney Morning Herald
How brains dictate happiness: Video game billionaire Markus Persson reveals ...  Stuff.co.nz
Why I Wouldn't Short Berkshire Hathaway
In times like these,with the markets swinging wildly and lower, it's tempting to bet against large companies with broad exposure to the economy at home and abroad.
Buffet buys back into Whitegate owner  Irish Independent
Buffet outrages environmentalists with $4.5 billion stake in Houston oil refiner  State Column
Suzuki shares rise after battle with VW settled in court
TOKYO Aug 31 Shares in Suzuki Motor Corp jumped 4.6 percent early on Monday as investors cheered the settlement of a years-long dispute between the Japanese automaker and Volkswagen AG in an international arbitration court.
Suzuki Plans to Go It Alone After Four-Year VW Dispute Ends  Bloomberg
Top WSJ Stories on Japan: Suzuki Motors, China Slowdown, Little League World ...  Wall Street Journal (blog)
China stocks fall more than 1 percent in early trade
SHANGHAI Aug 31 China major stock indexes fell more than 1 percent in early trade on Monday, after showing some signs of steadying on Friday on fresh government support.
China stocks fall more than 3% in early trade  Economic Times
Shanghai retreats, HK shares flat  The Australian
Vast Reserves of Natural Gas Found Off the Coast of Egypt
ROME - The Italian energy company Eni S.p.A. announced on Sunday that it has discovered a “supergiant” natural gas field off the coast of Egypt, describing it as the “largest ever” found in the Mediterranean Sea.
'Supergiant' gas field  Irish Independent
Eni Boasts of 'Super Giant' Gas Discovery in Egypt, Threatening ...  Forbes
Buried Atari video games sell for $100000
A cache of Atari game cartridges, including copies of one of the worst video games ever made, have sold for more then $100,000 after being discovered in a landfill site in the desert.
Unearthed Atari games were once urban legend: Fable turns into fortune on eBay  Examiner.com
Unearthed Atari Games From Landfill Fetch More than $100K  Newsmax
Pentagon funding new high-tech venture
MOUNTAIN VIEW, Calif. - Defense Secretary Ash Carter announced that the Pentagon is funding a new venture to develop cutting-edge electronics and sensors that can flex and stretch and could be built into clothing or the skins of ships and aircraft.
Pentagon to invest $75 million in local tech industry  Palo Alto Online
Pentagon working to develop wearable tech  Blouin News Blogs