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U.S. markets news

Wall St. banks shift odds on rate hike to year-end: Reuters poll
Wall Street's top banks still expect the Federal Reserve to raise interest rates this year, but their conviction around a September hike has decreased notably in the last month due to volatility in global markets, according to a Reuters poll conducted ...
5 Things to Read Today: Jobs Report Sets Up Fed for Close Rate Call, Migrant ...  Wall Street Journal (blog)
Sharp Drop for the Market After a Mixed Jobs Report  New York Times  
Stock Market Turmoil: Dow Drops 272 Points After Opaque Jobs Report
U.S. stocks closed lower Friday after a mixed jobs report gave investors few clues about the Federal Reserve next move on interest rates.
Stocks close sharply lower as Dow tumbles 273 points  USA TODAY
US STOCKS-Wall St lower as mixed jobs report adds to uncertainty  Reuters
BlackBerry Drops $425M to Try to Lure Corporate Clients Back
Today BlackBerry announced that it has agreed to acquire mobile security company Good Technology for $425 million in cash. Good's technology will complement BlackBerry's existing BlackBerry Enterprise Server (BES) product, a tool for managing ...
BlackBerry to buy mobile security firm Good Technology for $425 million  CNET
BlackBerry Will Buy Security Company Good Tech for $425M  ABC News
UPDATE 1-US oil drillers cut rigs as crude prices collapse - Baker Hughes
(Adds analyst comment and rig counts by patch). By Jarrett Renshaw. Sept 4 (Reuters) - U.S. energy firms cut a surprisingly sharp 13 oil rigs this week, the first drop in seven weeks, as a renewed slump in prices this summer forced drillers to make a ...
US Oil Rig Count Falls to 662 in Latest Week  Wall Street Journal
US oil settles down 1.5%, at $46.05 a barrel  CNBC
Kraft expands recall of American cheese slices tenfold
Kraft has expanded its recall of individually wrapped American cheese tenfold after two more consumers reported choking on the wrapper, the company announced Thursday.
Kraft Recalls Cheese Product Slices Due to Choking Hazard  Newsweek
Kraft Heinz expands voluntary recall of individually-wrapped American Slices
Long Island Rail Road service getting back on track
NEW YORK (AP) - The Long Island Rail Road is being restored following a morning of delays caused by signal problems. Officials said at midday Wednesday that there were still residual delays into and out of Penn Station in Manhattan.
LIRR expects normal schedule for evening rush hour  Newsday
Flash Crash Trader E-Mails Show Spoofing Strategy, U.S. Says
Navinder Singh Sarao leaves Westminster Magistrates' Court in London, on Friday, Aug. 28, 2015. Photographer: Chris Ratcliffe/Bloomberg.
US prosecutors outline 'spoofing' software allegedly used by Sarao  MarketWatch
Flash Crash Trader Sarao Warned About Illegal Spoofing Activities ...  ValueWalk
3 reasons the weak jobs report is even worse than you think
We're screwed. I've done a deep dive into the jobs report and here's my conclusion: We're screwed. Totally and utterly screwed.
Up in the air: Fed rate hike remains unclear  CNNMoney
Eyes on China data, rate meetings
LONDON China's battered stock markets reopen on Monday after a two-day public holiday and before a monthly data dump that could reinforce fears of a hard landing, rattling the global economy.
The global economy and the fallout from China  Financial Times
Now Rate Hike Timing Depends on Overseas Events  Barron's (blog)
OVL buys 15 % stake in Rosneft's Vankor oil field
NGC Videsh Ltd., (OVL), a wholly-owned subsidiary of Oil and Natual Gas Corporaration (ONGC) signed an agreement on Friday to buy a 15 per cent stake in CSJC Vankorneft, a company organised under the law of the Russian Federation, and the owner of ...
ONGC Videsh Buys 15% Stake in Rosneft Block  Wall Street Journal
ONGC Videsh to buy 15% in Russia's 2nd-largest oil field  Business Standard