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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.
Tesla confirms first death in Autopiloted Model S  New York Daily News
NHTSA Opens Investigation into Tesla Self-Driving Fatality
NBC Bay Area  
Pound Drops as Bank of England Chief Hints at Rate Cut
The pound fell sharply Thursday, snapping a two-day rebound, after Bank of England Governor Mark Carney signaled that the U.K. central bank could cut interest rates this summer.
Amid Brexit, central banks are saving politicians yet again from the ...  Quartz
A top British official's ominous warning has sent the pound back down again  Washington Post
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.
Trust Holds the Key to Whether a Bid for Hershey Succeeds This Time  New York Times
Hershey rejects $23 billion Mondelez takeover offer  Reuters
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
World's Largest Uncut Diamond Fails to Sell at Sotheby's Auction
After much admiration and anticipation, the world's largest uncut diamond failed to sell at a public auction Wednesday night. The 1,109 carat white diamond did not meet the reserve price, or minimum acceptable bid, which was not specified by Sotheby's ...
1109-Carat Diamond Flops at London Auction
The World's Biggest Uncut Diamond Is Still Up For Grabs  Fortune
Bond Insurers Prepare for the Worst in Puerto Rico
Three major bond insurers are bracing for the possibility of a historic payout if Puerto Rico defaults on debt due Friday. Puerto Rico Gov.
Amid crisis, support grows for Puerto Rico statehood  Washington Post
Puerto Rico's Electric Utility Extends Pact to Pay Bonds  Bloomberg
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
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
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
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 ...
Nearly Half of Williams Directors Resign After Failed Deal -- Update  Nasdaq
Report: 6 Williams Cos. directors resign in leadership battle  FuelFix (blog)