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U.S. markets news

Amazon's Ambitious Bets Pile Up, and Its Losses Swell
Jeffrey P. Bezos, Amazon's founder and chief executive, during an event in June to announce the Fire smartphone. Credit David Ryder/Getty Images.
Amazon loss widens despite climbing sales  Channel News Asia
Amazon will spend $100M on new, original shows in Q3  VentureBeat
Bloomberg   Related articles »  
Obama takes on 'corporate deserters,' steps up drive to close tax loophole
President Barack Obama speaks about the economy at the Los Angeles Trade-Technical College in Los Angeles, Thursday, July 24, 2014, on the final day of his three-day West Coast trip.
Obama wants to get tough on companies that flee US taxes  Kansas.com
Obama to Conclude LA Trip Today, Spoke at Democratic National Committee ...  Westside Today
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Exclusive: China meat supplier faced claims last year over unethical work practices
SHANGHAI (Reuters) - Shanghai Husi Food, the U.S.-owned Chinese food supplier at the center of a meat safety scandal, won a court case earlier this year against a former quality control officer whose claims included that he was made to forge meat ...
McDonald's halts nuggets sales in Hong Kong  BBC News
Stuck Between a Rock and Rotten Place: McDonald's Sticks with Chinese ...  Wall Street Journal (blog)
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Wall Street ends flat on mixed earnings; S&P 500 at record
NEW YORK (Reuters) - U.S. stocks finished a quiet session mostly flat on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high.
S&P 500 Extends Record as Facebook Jumps; Treasuries Drop  Bloomberg
How the Dow Jones Industrial Average Did Thursday  ABC News
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Wal-Mart names new CEO of U.S. discount stores division
NEW YORK - Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results.
Ex-Woolworths executive Greg Foran to head WalMart US  Sydney Morning Herald
Walmart chief executive Bill Simon stepping down  SFGate
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UPDATE 2-Zillow in talks to buy rival real-estate website Trulia-sources
(Updates share prices, changes sourcing). By Soyoung Kim and Liana B. Baker. NEW YORK, July 24 (Reuters) - U.S. real estate website operator Zillow Inc is in advanced talks to buy smaller rival Trulia Inc, according to people familiar with the matter.
Online real estate giant Zillow in reported $2 billion bid for Trulia  San Jose Mercury News
Zillow and Trulia are reportedly near merger agreement  Los Angeles Times
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Bakery, lunch and tea help lift Starbucks to record revenues
Starbucks' growing ability to draw people into the store for items other than a latte brought in record quarterly revenues and higher-than-expected profit.
UPDATE 2-Starbucks sales in Americas region up slightly more than expected  Reuters
Starbucks sells more coffee and reaps the rewards  Fortune
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Groundwater levels drop in Southwestern US in ongoing drought
(Reuters) - Underground stores of water in the southwestern United States have receded dramatically amid ongoing drought that has parched states from Oklahoma to the Pacific Coast and is costing California billions in lost crops and jobs, a new study shows ...
Water reserves in western US being drained underground � NASA study  RT
Woodland's groundwater levels, water usage down  Daily Democrat
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Very bad week: Airline disasters come in a cluster
(AP Photo/Wally Santana). A forensic team recovers human remains among the wreckage of crashed TransAsia Airways flight GE222 on the outlying island of Penghu, Taiwan, Thursday, July 24, 2014.
2014 could be worst year for plane crash deaths in almost a decade  The Age
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Baidu to Boost Mobile Investment After Profit Rises 34%
Baidu expects mobile searches to surpass personal computers as the biggest source of search traffic later this year, Chief Executive Officer Robin Li said in April.
Baidu profit up 34 percent as mobile service grows  Washington Post
Baidu reports strong mobile ad sales, echoing Facebook  PCWorld
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