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U.S. markets news

Verizon Finalizes $4.8 Billion Yahoo Deal
Verizon Communications Inc. VZ 1.32 % has agreed to pay $4.8 billion to acquire Yahoo Inc., YHOO 1.36 % according to a person familiar with the matter, ending a drawn-out auction process for the beleaguered internet company.
News | Morning Agenda: Verizon Is to Buy Yahoo's Core Business  New York Times (blog)
Verizon buys Yahoo for $4.8 billion  TechCrunch
LVMH to Sell Donna Karan to G-III in a $650 Million Deal
The DKNY show in February. The sale of the Donna Karan brand, which includes DKNY, will most likely be regarded as a rare admission of failure on the part of LVMH.
G-III to Acquire Donna Karan International from LVMH  Business Wire (press release)
LVMH to Sell Donna Karan to G-III Apparel for $650 Million  Bloomberg
Oil prices dip on ongoing oversupply, economic headwinds
SINGAPORE/TOKYO Oil prices held near two-month lows on Monday amid worries that a global crude and refined product glut would weigh on markets for some time to come.
Crude prices slip as market pessimism over supply persists  MarketWatch
NYMEX reverses early gains in Asia, Brent down on supply overhang  Nasdaq
Asian shares near nine-month peak, dollar shines
TOKYO Asian shares held near nine-month highs on Monday as worries over the impact of Britain's Brexit vote eased, while the dollar was buoyed by a run of solid U.S.
Global Stocks Mostly Flat Ahead of Central Bank Moves  Wall Street Journal
Dollar steadies as investors wait for Fed, Bank of Japan meetings  MarketWatch
German Business Sentiment Declines Slightly in July
FRANKFURT—German business sentiment declined in July, but less than expected, from a seven-month high in June, in a sign that Europe's largest economy has proved resilient in the aftermath of the U.K.
German Business Optimism Down Only a Bit After Brexit Vote  New York Times
German business morale falls slightly after Brexit vote  Reuters
Ericsson CEO steps down amid tightened competition
HELSINKI (AP) - Hans Vestberg has stepped down as CEO and president of telecoms company Ericsson as the company struggles to improve earnings amid tightening competition.
Ericsson ousts chief executive after months of criticism, shares soar  Reuters
Ericsson CEO Hans Vestberg Resigns After Weak Profit, Stock Rises  Nasdaq
How to get the biggest Social Security check you can
Social Security represents a significant amount of income for retirees. In fact, it represents a little more than one-third (35.3%) of total income for the average retiree.
Commentary: Income and savings advocates share common goal
Is the Social Security Trust Fund Running Out of Money?  Motley Fool
AAA Michigan: Statewide average gas prices fall 11 cents
DEARBORN, Mich. (AP) - AAA Michigan says gas prices statewide have fallen by about 11 cents per gallon in the past week. The Dearborn-based auto club says the average price for self-serve regular unleaded gasoline was about $2.24 per gallon on ...
Gas Prices Continue Downward Trend in Yorktown, Hudson Valley
Business Digest: Austin gas prices dip 2 cents, AAA Texas says
Health Insurers Could Go on Buying Spree If Big Mergers Blocked
The potential bust-up of two mega deals among America's largest health insurance companies may have an unintended result - more mergers.
What's bad for health insurers may be good for consumers  CBS News
When Health Insurers Merge Consumers Often Lose  New York Times
The Market Has Chipotle Mispriced
Back on January 25, 2016 I penned an article where I suggested that there was no compelling reason to initiate new long positions in Chipotle (NYSE:CMG).
Good news for Starbucks, Chipotle workers
Q3 2016 EPS Estimates for Chipotle Mexican Grill Inc. Cut by Wedbush (CMG)  BBNS