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U.S. markets news

US economy likely rebounded to solid growth rate in spring
WASHINGTON (AP) " After a terrible winter, the economy is improving, with a solid rebound in the spring expected to be followed by stronger growth in the second half of the year.
U.S. second-quarter GDP seen rebounding on consumer spending, housing  TODAYonline
Royal Dutch Shell Profits Continue to Fall, Prompting 6500 Layoffs
LONDON - Royal Dutch Shell said on Thursday that its profit fell sharply in the second quarter as a strong performance in marketing and refining failed to offset the brunt of lower oil and gas prices.
Shell cuts 6500 jobs and slash capital spending  Financial Times
Shell Posts Sharp Fall in Profit, to Cut 6500 Jobs  Wall Street Journal
Deutsche Bank Profit Jumps as Securities Unit Tops Estima
Deutsche Bank AG, which runs Europe's biggest investment bank, said second-quarter profit more than tripled after a surge in trading revenue more than offset higher legal expenses.
Deutsche bank sees higher costs for legal penalties, new CEO says results ...  Fox News
Deutsche Bank Profit Beats Forecasts on Revenue Gains  Wall Street Journal
Why chances of US Federal Reserve hiking rates in September have gone up
By Binyamin Appelbaum WASHINGTON: The Federal Reserve remains on track to raise interest rates later this year, and perhaps as soon as its next policy meeting in mid-September, as economic growth continues to meet its expectations.
Asian stocks higher after Fed leaves rates unchanged
Federal Reserve inches closer to interest rate hike  Los Angeles Times
China's Baidu to buy back $1 billion shares after investor selldown
BEIJING Baidu Inc, China's biggest internet search engine company, said on Thursday it will buy back shares worth $1 billion after the company's stock price slid following a weak earnings report earlier this week.
Baidu Approves $1 Billion Share Buyback Over Next 12 Months  Bloomberg
Baidu Announces $1 Billion Buyback After Share Slump  Barron's (blog)
Whole Foods Market Announces First 365 by Whole Foods Market™ Store Leases
AUSTIN, Texas, Jul 30, 2015 (BUSINESS WIRE) -- Whole Foods Market WFM, -0.29% announced the first five leases for its streamlined, value-oriented 365 by Whole Foods Market brand, with store openings scheduled through 2017.
Whole Foods picks Bellevue Square for small, new '365' store concept  The Seattle Times
Whole Foods earnings fall short amid overcharging scandal  New York Post
Zuckerberg to Wall Street: Be Patient, Big Things Take Time
Patience is a rare investor virtue. Mark Zuckerberg thinks he has the track record to ask for it. Facebook Inc. had just reported second-quarter revenue Wednesday that beat analysts' estimates, and on a conference call some of the same analysts asked ...
Facebook's profit falls, as costs rise  Times of India
Facebook's second-quarter earnings call points toward focus on video content  The Guardian
Tesla offers $1000 credit to Model S buyers
Tesla Motors Inc. says that word of mouth sells its pricey cars. Now it wants to attract more buyers with a discount. Chief Executive Elon Musk announced Wednesday that the Palo Alto electric-car maker will give credits of $1,000 to Model S buyers who ...
Tesla Will Pay Its Owners To Find Model S Buyers  Forbes
Tesla offering US$1000 bounty on Model S referral sales  South China Morning Post (subscription)
RBS Warns of Long Wait for Dividend Despite Rise in Profit
LONDON— Royal Bank of Scotland Group RBS 0.36 % PLC on Thursday warned it wouldn't be paying dividends until at least 2017 as the once global bank continued its retreat to the U.K.. The bank, which is 78% owned by the British government, said net ...
Royal Bank of Scotland reports rise in 2nd quarter profits  Washington Post
RBS reports modest rise in Q2 profit after restructuring charge  Reuters
California to release June water-savings report amid drought
California regulators were expected Thursday to announce how much water cities conserved in June - the first month of mandatory cutbacks during the drought.
New poll finds state supports more green policies  LA Daily News
Californians back new policies to fight climate change, poll says  Los Angeles Times