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U.S. markets news

Stocks, oil dive on China fears; volatility jumps
NEW YORK World stock indexes and commodities slumped on Tuesday as weak Chinese data revived fears about the effect of China's economic health on the global economy and fueled more market turmoil.
US Markets Dive Amid Worries About China  New York Times
Wall Street kicks off stormy Sept: Dow plunges almost 500 points on weak ...  USA TODAY
The Guardian  
Fiat Chrysler Canada sales edge up in August
TORONTO, Sept 1 Fiat Chrysler Automobiles NV on Tuesday reported that Canadian sales rose 0.4 percent in August from a year earlier, as Jeep and other truck sales jumped but car sales dropped 19 percent.
Ford and Fiat Chrysler Post Surprising Sales Gains in August  New York Times
Toledo lands Wrangler, will lose Cherokee  Detroit Free Press
Fed's Rosengren: Global Economic Weakness Argues for Rate Rise Caution
NEW YORK—Federal Reserve Bank of Boston President Eric Rosengren said Tuesday that global turmoil argues in favor of being cautious about starting the process to normalize monetary policy, in a speech that emphasized central-bank interest-rate ...
Rosengren sees gradual Fed rate hikes, downplays timing  Reuters
Unclear if central bank will raise rates, Boston Fed chief says  Boston Globe
McDonald's US to add all-day breakfast on October 6
LOS ANGELES McDonald's Corp will begin offering all-day breakfast across the United States on Oct. 6, a widely expected action that the company and investors hope will help reverse slumping sales and traffic at the fast-food chain, the world's biggest.
McDonald's Announces National Date of All-Day Breakfast  ABC News
McDonald's Planning to Start Selling All-Day Breakfast on Oct. 6  Bloomberg
Oil fund manager Andurand sees crude prices below $30 - FT
Sept 1 Hedge fund manager Pierre Andurand believes crude prices will head lower again, possibly dropping below $30 per barrel, the Financial Times reported on Tuesday.
What Analysts Are Saying About Revised US Oil Data  Wall Street Journal (blog)
Oil Tumbles Most in Two Months After Biggest Gain in 25 Years  Bloomberg
Marissa Mayer is pregnant again, this time with twin girls. Now let's move on.
Here we go again. Yahoo CEO Marissa Mayer is pregnant, this time with identical twin girls. In a post on her personal Tumblr account, the 40-year-old chief executive announced she's due in December and will again take only a short maternity leave.
Marissa Mayer Rewrites Rules for CEO Parenting, Again  Bloomberg
Marissa Mayer Remaining Yahoo CEO with Twins on the Way Is a Big Sign of ...  TheStreet.com
PayPal.Me Peer-to-Peer Payments Service Launched
PayPal on Tuesday announced the rollout of a new peer-to-peer payments service called PayPal.Me. The service is an easy method to get back the money users had lent, or start a collection drive.
PayPal rolls out PayPal.me for streamlined P2P money transfers  ZDNet
Paypal Reveals P2P Payment Service  Fstoppers
7-Eleven is delivering snacks in these cities
The convenience store chain partners with a delivery service to make it happen. If you live in New York, Los Angeles or Chicago, and are too lazy to go get that snack you crave, there's now a solution.
DoorDash Inks First Non-Restaurant Delivery Deal With 7-Eleven (Sans Slurpees)  Forbes
7-Eleven Expands Home Delivery Into LA  CBS Local
Chipotle sued over false GMO-free claims
A law firm Monday filed a class-action lawsuit in federal court charging that Chipotle's marketing is misleading and deceptive because it still sells lots of foods made with GMOs, despite claims the chain phased them out.
Chipotle Is Being Sued Over Its Anti-GMO Advertising. Serves Them Right.  Slate Magazine (blog)
This lawsuit claims Chipotle has been deceiving customers  Fortune
UPDATE 3-Penn West Petroleum lowers capex, suspends dividend, cuts jobs
... * Cuts 2015 capital budget for 3rd time. * To cut about 35 pct of workforce, or 400 jobs. * To stop paying dividend from October.
Penn West Suspends Dividend While Pengrowth Halves Its Payout  Wall Street Journal
Penn West suspends dividend, Pengrowth halves it  MarketWatch