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U.S. markets news

Google Profits Surge on Strong Ad Demand
Google parent Alphabet Inc. GOOGL 0.51 % said quarterly profit soared 24%, the second internet giant in two days to report blockbuster earnings driven by consumers' rapid shift to mobile devices.
Google Silences Doubters With Blockbuster Quarter  New York Times
Google's Cloud Investments are Finally Starting to Pay Off  WIRED
Yahoo News  
Bank of Japan Boosts Dollar Lending, ETF Purchases
The Bank of Japan expanded its purchases of exchange-traded funds and doubled the size of a U.S. dollar lending program, while refraining from boosting the pace of government-bond purchases that have formed the main part of its monetary stimulus.
Bank of Japan Takes Modest Easing Action  Wall Street Journal
Exclusive: Under government pressure, BOJ mulling specific steps for easing ...  Reuters
Amazon Posts Another Blockbuster Profit Inc. AMZN 2.16 % on Thursday reported in its third consecutive record profit, nearly doubling its prior high-water mark, and its fifth straight quarter in the black.
Amazon's profit, revenue beat expectations  The Seattle Times
Amazon, once a big spender, is now a profit machine  The Verge
'Star Trek' licensing helps boost CBS earnings
The CBS "eye" and logo are seen outside the CBS Broadcast Center on West 57th St. in Manhattan, New York Thomson Reuters.
CBS Credits Retransmission Payments As It Beats Q2 Expectations  Deadline
CBS Tops Estimates as 'Star Trek' Deals Counter Dip in Ads  Bloomberg
China confirms legal status of ride-hailing industry
FILE - In this Friday, May 13, 2016 file photo, a mobile device shows the Didi Chuxing ride-hailing app at a shopping mall in Beijing, China.
In a boost for Uber, China legalizes ride-hailing services  Los Angeles Times
Uber and Didi are now legal in China but the struggle to sign up drivers may ...  Recode
Oracle and NetSuite: Longtime 'sweethearts' united at last
Oracle's $9.3 billion purchase of NetSuite may be the most anticipated acquisition in the history of enterprise software. "It's like the high school sweethearts you always knew would get married but they had to get through four years of college first ...
Oracle builds its cloud fortress with $9.3B NetSuite deal  USA TODAY
Oracle just bought a company Larry Ellison mostly owns, entitling him to $3 ...  Business Insider
EDF Approves $24 Billion U.K. Nuclear Power Plant Project
Electricite de France SA's board approved an 18-billion pound ($24 billion) project to build Britain's first nuclear power plant in more than 20 years, shrugging off concerns that construction will financially strain the state-run utility.
France's EDF to decide on divisive UK nuclear power plant  Business Insider
Hinkley Point: New hitch for UK nuclear plant deal  BBC News
Regulators Draw Up New Rules To Stop Abusive Practices By Debt Collectors
The Consumer Financial Protection Bureau is drawing up new rules that would curb abusive debt collection practices, which it says generated some 85,000 consumer complaints last year alone.
Consumer watchdog proposes new rules to curb abuses by debt collectors  Pittsburgh Post-Gazette
Proposed rules would overhaul debt collection  Tribune-Review
Atlantic City Accepts Terms for State Loan
Atlantic City is set to receive a $74 million bridge loan from the state after the City Council voted Thursday to accept the state's terms for repayment.
Atlantic City ends spat with Christie, will receive loan
The Latest: Atlantic City OKs state loan to avoid default  Washington Post
Weekly jobless claims increase in week ended July 23
The number of Americans who filed for unemployment benefits last week rose from a three-month low, consistent with the Federal Reserve's view of a stronger job market.
U.S. jobless claims increase; labor market still strong  Business Insider
Metro jobless rate jumps with season  Atlanta Journal Constitution