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U.S. markets news

New battery pack no gamechanger for Tesla: Kelley Blue Book
The new Tesla battery pack is unlikely to boost sales much, when existing drivers are being charged $20,000 for the upgrade, a Kelley Blue Book expert told CNBC.
Tesla touts speed and driving range with new upgraded battery  Reuters
Is Tesla P100D Battery Already About To Be Obsolete?  International Business Times
Tulsa World  
A Lesson for Qantas From Steve Jobs
David Fickling is a Bloomberg Gadfly columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.
Qantas reinstates dividend, plans share buyback  MarketWatch
Australia's Qantas clocks record profit after painful cuts  Reuters
Jawbone fails to block Fitbit from the US in court case
Jawbone has failed in a legal bid to block rival Fitbit from operating in the United States, after a US International Trade Commission judge ruled that Fitbit had not stolen trade secrets from the manufacturer.
U.S. judge clears Fitbit of stealing Jawbone's trade secrets  VentureBeat
Jawbone just lost its big case against Fitbit  Business Insider
First on CNN: FBI investigating Russian hack of New York Times reporters, others
(CNN) Hackers thought to be working for Russian intelligence have carried out a series of cyber breaches targeting reporters at The New York Times and other US news organizations, according to US officials briefed on the matter.
Russian hackers 'targeted New York Times'  BBC News
FBI investigating possible cyberbreach of New York Times reporters' ...  Fox News
As Energy Use Rises, Corporations Turn to Their Own Green Utility Sources
A worker helps install new solar panels at a First Solar plant outside Cholame, Calif. Apple will purchase the electricity generated by the plant to power its stores in California.
Why Tech Companies Want a Piece Of The Renewables Pie  CleanTechnica
Top regulator: Arizona should double solar, wind power  azcentral.com
Berkeley's Soda Tax Appears To Cut Consumption Of Sugary Drinks
The nation's first "soda tax" on sugar-sweetened beverages, which went into effect in Berkeley, Calif., last year, appears to be working.
Soda consumption falls in Berkeley after sugar tax  MarketWatch
Berkeley sees a big drop in soda consumption after penny-per-ounce 'soda ...  Los Angeles Times
Asian stocks slip on profit-taking; oil falls
A man stands next to an electronic board showing stock prices in Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon. By Saikat Chatterjee | HONG KONG.
MarketsFast Asia Open: Oil gets a boost  Financial Times
GLOBAL MARKETS-Asia stocks cement gains after recent rally, oil slips  Reuters Africa
Best Buy shares soar on surprise sales gains
Best Buy Co. reported a surprise increase in its fiscal second-quarter sales, helped by a jump in its online business and an apparent gain in market share.
Best Buy Earnings Surprise Powers Best Day In Years, But Boost From 4K TVs ...  Forbes
Best Buy stock sees greatest one-day gain in a decade  The Detroit News
Apollo Paid Itself Some Fees and Gave Itself Some Loans
Matt Levine is a Bloomberg View columnist. He was an editor of Dealbreaker, an investment banker at Goldman Sachs, a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz and a clerk for the U.S.
Apollo to pay $52M for misleading investors on fees  New York Post
Apollo Global settles securities case as SEC issues $53 million fine  The Boston Globe
Oil prices fall on US crude stocks build; fears over China demand
Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016.
Dark clouds loom for oil as China chases blue skies for G-20  Chicago Tribune
NYMEX crude off nearly 1% in Asia on API build, gasoline drop noted  Nasdaq