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U.S. markets news

Elon Musk Faces Cash Squeeze at Tesla, SolarCity
Two pillars of Elon Musk's empire are facing financial crunches as the entrepreneur seeks to combine the two companies through a controversial acquisition.
Tesla plans for update of Autopilot  Houston Chronicle
Tesla plans to raise funds this year to tackle cash crunch  Reuters
BGR  
Hanjin's Ships Get Stranded in High Seas, Roiling Supply Chain
Hanjin Shipping Co.'s vessels are getting stranded in sea after the South Korean container mover filed for court protection, roiling the supply chain of televisions and consumer goods ahead of the holiday season.
Hanjin Shipping Upsets Global Trade After Seeking Protection From Creditors  Wall Street Journal
Hanjin Shipping's collapse has manufacturers scrambling as cargo ...  Reuters
US Tax Code May Allow Dramatic Retaliation In EU Apple Case
European companies could be punished if Apple is forced to pay in Irish tax fight. (Reuters) - U.S. tax law gives the Obama administration power to double tax rates for European companies should it choose to dramatically escalate a dispute with the ...
After Apple, EU may focus on companies closer to home  Business Insider
Treasury Secretary Lew On Global Trade Deals And Corporate Taxation  NPR
Asian shares ease ahead of US jobs data, oil slips
A Chinese investor monitors share prices at a securities company in Shanghai November 12, 2003. REUTERS/Claro Cortes IV/File Photo.
Asia shares slip, crude steadies as China PMIs, US jobs in focus  Business Insider
Forex - Yen holds slight gains in Asia after industrial output  Nasdaq
Mike Andres to retire as president of McDonald's USA
Mike Andres, president of McDonald's Corp.'s U.S. division and a key figure at the forefront of the chain's domestic turnaround over the past 18 months, is retiring at the end of the year, the company said on Wednesday.
McDonald's U.S. president, key architect of transformation, to leave at ...  Chicago Tribune
McDonald's Has Lost the Mastermind of Its Epic U.S. Turnaround  TheStreet.com
Why the Fed probably won't like the jobs report Friday
August has disappointed the market nine of the last 12 years and is usually followed by substantial revisions. Jeff Cox | @JeffCoxCNBCcom.
Jobs report seen as key to Fed rate decision  USA TODAY
Survey: US companies add a solid 177000 jobs in August  Business Insider
U.S. stocks slide as lower oil prices sink energy companies
Trader Edward McCarthy works on the floor of the New York Stock Exchange, Wednesday, Aug. 31, 2016. (AP Photo/Richard Drew). US stocks slide as lower oil prices sink energy companies.
Stocks edge lower in early trading  NorthJersey.com
Brazil in Little Rush to Reduce Key Rate Amid Stubborn Inflation
Brazil's central bank signaled it's in no hurry to cut the benchmark interest rate, as policy makers grapple with high inflation and the fallout from a presidential impeachment trial.
Brazil keeps rates steady, but opens door for cuts if inflation eases  Reuters
Brazil Holds Rate at 14.25% Amid Political Turmoil and Recession  Yahoo Finance
Toys R Us plans to sell a selection of American Girl dolls
For years, American Girl stores were the kiddie version of a luxury boutique: well-appointed, filled with pricey merchandise, and offering frills such as spas and salons.
Mattel's American Girl to Be Sold at Toys 'R' Us  Wall Street Journal
Toys 'R' Us, American Girl are play partners  NorthJersey.com
Australia Sues Volkswagen Over Emissions Claims
MELBOURNE, Australia—Australia's consumer watchdog is suing Volkswagen AG VLKAY -0.38 % for misleading consumers and allegedly concealing software in tens of thousands of vehicles to cheat emissions testing.
Australia sues Volkswagen unit over alleged emissions fraud  BBC News
Say goodbye to excessive credit card surcharges at online checkout  CNET