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U.S. markets news

US stocks open higher boosted by Apple as Fed looms
U.S. stocks opened higher on Wednesday, supported by Apple Inc.'s stronger-than-expected earnings ahead of a Federal Reserve statement due in the afternoon.
Apple powers Wall Street; all eyes on Fed  Reuters
Stocks open higher ahead of Fed rate call  USA TODAY
Abe's Unusual Stimulus Unveiling May Be Directed at the BOJ
It wasn't your typical Japanese stimulus announcement. As national broadcaster NHK aired live coverage of the West Tokyo high school baseball championship, Prime Minister Shinzo Abe was 900 kilometers away revealing plans for a 28 trillion yen ($265 ...
FOREX-Yen weakens on larger-than-expected Japanese stimulus  Reuters
Stocks Rise Ahead of US Rates Decision  Wall Street Journal
US Pending Home Sales Edged Higher in June
WASHINGTON—A measure of homes under contract for sale rose slightly in June, as ongoing job growth and low interest rates continued to support the U.S.
Pending home sales eked out 0.2% gain in June  CNBC
Pending Home Sales Marginally Rise in June  PR Newswire (press release)
McDonald's franchisees' ominous prediction came true
McDonald's all-day breakfast has been a massive success, helping to drive up sales growth after two years of declines. But the excitement from the new menu offering appears to be wearing off, and sales growth is now slowing.
At McDonald's, All-Day Breakfast Cools  Wall Street Journal
All-day breakfast can't fix everything at McDonald's  Washington Post
The Chinese Company Behind the Vizio Deal
BEIJING—The Chinese company that is buying American TV brand Vizio Inc. defies a simple definition. Although often compared with Netflix, NFLX -0.44 % LeEco has no U.S.
Here's Why Chinese Tech Group LeEco Is Paying $2 Billion for Vizio  Fortune
Vizio acquired by Chinese tech company LeEco for $2 billion  The Verge
Tepid US core capital goods orders point to weak business spending
WASHINGTON New orders for U.S. manufactured capital goods rose less than expected in June amid weak demand for machinery and a range of other goods, suggesting that business spending will remain subdued for a while.
U.S. Durable Goods Orders Tumble 4.0% on Overseas Turmoil  Nasdaq
US durable-goods orders sink 4% in June, biggest drop in almost two years  MarketWatch
Fed Likely to Keep Rates Steady, Markets Eye Change in Tone
It's been a tumultuous year for Wall Street, and market participants aren't expecting the Federal Reserve to add fuel to the now-contained fire at the conclusion of the central bank's July meeting Wednesday.
Gold climbs as Fed policy statement looms  MarketWatch
Why the Federal Reserve is rethinking everything  Washington Post
Why Marissa Mayer's Ultimate Talent Acquisition Strategy Failed
For four years, Marissa Mayer tried to save Yahoo. One of her big strategies—acquire, acquire, acquire—didn't pan out. Here's why.
Verizon takes customer service to the next level with Tech Support Pro  PR Newswire (press release)
Verizon Cleared for Take-Off on Fixed 5G  Light Reading
Eli Lilly CEO Lechleiter to Retire After Eight-Year Stint
After eight years at the helm of Eli Lilly, a tenure characterized by a steadfast belief in home-grown research, rather than deals, John Lechleiter is retiring from the Indianapolis pharma giant.
John C. Lechleiter to Retire as Lilly CEO; Board Elects David A. Ricks as ...  PR Newswire (press release)
Long-time Lilly CEO Lechleiter to retire in December  U.S. News & World Report
Norfolk Southern Earnings Narrowly Top Views Amid Cost Cuts
Norfolk Southern Corp. NSC -1.73 % posted better-than-anticipated earnings in the most recent quarter despite a deeper slide in revenue as the railroad operator continues to trim expenses.
Freight declines drive drop in Norfolk Southern profit  Reuters
Norfolk Southern reports second-quarter 2016 results  PR Newswire (press release)