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U.S. markets news

Tesla driver crashes, dies while car in 'autopilot' mode
Tesla Motors acknowledged today that a driver of one of its Model S cars operating in Autopilot mode died when the semi-autonomous system failed to detect a tractor-trailer turning in front of the luxury electric car.
Tesla's Autopilot Under Investigation After Fatal Crash  ABC News
A Tesla Driver Died in a Crash While His Car Was On Autopilot  Slate Magazine (blog)
Forbes  
Hershey rejects $23 billion Mondelez takeover offer
Hershey Co (HSY.N) said on Thursday it had rejected a $23 billion preliminary offer by Mondelez International Inc (MDLZ.O) that would seek to expand the latter's limited U.S.
Snack Giant Mondelez Makes $23 Billion Takeover Bid for Hershey  Wall Street Journal
Hershey Board Rejects $23 Billion Takeover Bid From Mondelez  Bloomberg
Amid Brexit, central banks are saving politicians yet again from the ...
Despite the pall of deep and lasting uncertainty cast over the British economy by the electorate's vote to leave the European Union, British stocks rallied like crazy today (June 30).
Asian Morning Briefing: US Stocks Climb Further  Wall Street Journal
Britain May Need to Cut Rates, Bank of England Chief Says  New York Times
Brexit Vote Casts Shadow Over Banks' Construction Boom in London
At a construction site in central London, several cranes rear above a concrete structure that is being built into the new European headquarters of Goldman Sachs.
Millennials, Brexit is your wakeup call  The Boston Globe
Charles Krauthammer: Brexit -- Sovereign Kingdom Or Little England?  Investor's Business Daily
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 ...
A Real Rock of a Diamond Fails to Sell at Auction  New York Times
1109-Carat Diamond Flops at London Auction  NBCNews.com
Conflicts Doom $7 Billion Visa/MasterCard Settlement
A federal appeals court rejected a $7.25 billion settlement of antitrust litigation between retailers and Visa V -3.35% and MasterCard MA -4.42% that was already in deep trouble due to opposition from retailers, saying lawyers failed to navigate a ...
COLUMN- 'Glaring' conflict doomed Visa/MasterCard settlement: Frankel  Reuters
Court rejects $7.25B credit card swipe fee deal  CBS News
Olive Garden sees sales boost from Mother's Day
Fourth-quarter same-store sales rise at all seven Darden Restaurants brands, including Olive Garden. Jeffery Patrick Photography. Advertisement.
Olive Garden Owner Declines After Forecast Misses Estimates  Bloomberg
Darden serves up bigger profits but growth weak at Olive Garden, LongHorn ...  Orlando Sentinel
Mortgage rates sink to three-year low, thanks largely to Brexit
The stock market's plunge following the Brexit vote was bad for most people's retirement accounts but good for those looking to refinance their mortgage.
Brexit Vote Sends Mortgage Rates Tumbling To 3-Year Low | Bankrate.com  Bankrate.com
News From NAMB: June 30, 2016  National Mortgage Professional Magazine (blog)
US Farmers Surprise With Bigger Corn Acres as Prices Slump
U.S. farmers planted more corn than they intended in March, sowing the third-highest crop since World War II and surprising analysts who had expected a decline.
Will markets frown on surprisingly robust U.S. corn acreage?  Delta Farm Press
GRAINS-Bigger US plantings push wheat to 6-year low, corn to 11-week low  Reuters
Gas prices dip to a 13-year low ahead of July 4 holiday weekend
Independence Day travel could be some of this decade's cheapest, thanks to falling gas prices. They are on track to be at a 13-year low this Fourth of July holiday.
Here's why gasoline prices are actually falling ahead of Independence Day  MarketWatch
Fourth Of July 2016: Gas Prices To Hit Lowest Level Since 2005 This ...  International Business Times