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U.S. markets news

Microchip card payment headache for small biz
Lee Padgett, the owner of Busted, a lingerie shop in Detroit, has spent the past two weeks wrestling with three different payment software systems and a pile of new hardware.
Share “Bargainista: Are new chip credit cards...”
Things you need to know about your credit card chip and its security  Statesman Tribune
Modern Readers  
United Airlines CEO Oscar Munoz adopts new strategies; accepts the faults
United Airlines CEO Oscar Munoz has started his tenure with an apology from his company for not taking enough care of its customers and employees.
United Airlines CEO, Oscar Munoz, Admits Faults and Prepares for Better Service  Statesman Tribune
New United Airlines CEO Oscar Munoz Kicks Off Tenure with Apology
Fed's Dudley: US lacks bubble-fighting tools
BOSTON--Federal Reserve Bank of New York President William Dudley said Saturday the U.S. tool kit to deal with financial imbalances remains some distance from where it needs to be.
UPDATE 2-US a long way from 'macroprudential' safeguards -Fed's ...  Reuters
US a long way from 'macroprudential' safeguards: Fed's William ...  Economic Times
US hedge funds brace for worst year since financial crisis
BOSTON: U.S. hedge funds are bracing for their worst year since the 2008 financial crisis after a dramatic sell-off in healthcare and biotechnology stocks triggered double-digit losses for some prominent players last month.
Big-name hedge funds plummet — again  USA TODAY
Bill Ackman's Hedge Fund Had a Brutal Month  Jewish Business News
SolarCity Claims New Solar Efficiency Record, Here Is What That Means
On Friday, SolarCity said that it had built the world's “most efficient rooftop solar panel.” The new solar panel “generates more power per square foot and harvests more energy over a year than any other rooftop panel in production.
Most Efficient Commercial Solar Panels In USA To Come From SolarCity?  CleanTechnica
CHANOS: SolarCity's new, world's most efficient solar panel ' ...  Utica Observer Dispatch
Scottrade says hack may have affected 4.6M customers
NEW YORK (AP) - Online stock brokerage company Scottrade said that the names and addresses of about 4.6 million of its customers may have been stolen by hackers.
4.6 million clients may have been affected by a cyberattack on Scottrade  Chillicothe Times-Bulletin (blog)
Scottrade confirms data hack, 4.6 million possibly affected  Steelers Lounge (blog)
China's growth rate in focus
Chinese government set its annual economic growth rate at 7 percent at the beginning of 2015 and half a year later the target was fulfilled.
As China growth flags, analysts weigh alternative indicators  Economic Times
Global economy starts to affect US
The race for the arctic
President Obama's three-day visit to Alaska on the first week of September was a wake-up call to Americans. With warming seas creating new opportunities for exploiting the natural resources at the top of the world, it is time for the US to establish ...
Myths about Shell's Arctic Alaska pullout persist  Alaska Dispatch News
Royal Dutch Shell plc (ADR) On An Arctic Drilling Hiatus  Business Finance News
AMD To Cut Roughly 500 Jobs and Outsource Development Services
Advanced Micro Devices will trim about 500 jobs or 5% of its workforce as part of a restructuring plan meant to streamline its business and lower costs, Bloomberg reports.
More cuts: AMD to reduce global workforce by 5% (blog)
AMD to restructure again – laying off 5% globally  Rapid News Network
Macau September Revenue Hits Five Year Low Amid Deepened Junket Gloom
Gaming revenue in Macau fell to its lowest level in five years in September. Casino revenue came in at 17.13 billion Macau patacas (MOP; US$2.14 billion), down 33% from September last year.
Wynn surges on bets China to boost Macau gaming sector  The Australian Financial Review
Slower revenue fall boosts Macau casinos  Financial Times