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U.S. markets news

The S&P 500 Suffers Worst Week in 2 Years
Markets ended the day lower across U.S. indexes�and sectors�Friday�but avoided the kind of steep selloff we saw Thursday. The S&P 500 saw its steepest weekly drop in two years.
Round Numbers Slow Down S&P 500 to Shaoul as Barish Sees 5% Drop  Businessweek
S&P 500 suffers largest weekly loss in 2 years  MarketWatch
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Argentine Debt Feud Finds Much Fault, Few Fixes
Argentina is facing down its second default in 13 years and is mulling several legal options. What's the impact on global markets?
UPDATE 5-Argentina debt talks must continue after default: US Judge  Reuters
US judge orders new talks on Argentina debt dispute  Bangkok Post
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Plans to lay off 1100 West Virginia coal mine workers continue industry's ...
CHARLESTON, W.Va. - The announcement by a major U.S. coal company that it plans to lay off 1,100 coal mine workers has set off a chain reaction of finger pointing in West Virginia.
Alpha says reducing coal stockpiles could prevent layoffs  Beckley Register-Herald
Coal struggle endures with W.Va. mine layoff plans  The Inter-Mountain
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HP to pay $32.5M to settle Postal Service dispute
Hewlett-Packard Co. has agreed to pay $32.5 million to settle allegations it overcharged the Postal Service for products over more than eight years.
HP settles USPS dispute with $32.5M  SFBay
S&P 500 ends worst week in two years; Procter & Gamble cutting ...  The Plain Dealer
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GoPro Reports Wider Loss in First Report After IPO
GoPro Inc. (GPRO:US), in its first earnings release as a public company, reported a wider quarterly loss, helping to send shares down 15 percent.
GoPro's Nimble But Can't Dodge the Wipeout  Wall Street Journal
GoPro Inc (NASDAQ:GPRO) First Earnings Report Post IPO Disappoints Investors  US Trade Media
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Job growth slows but gains for sixth straight month
WASHINGTON - U.S. employers extended their solid hiring into July by adding 209,000 jobs. It was the sixth straight month of job growth above 200,000, evidence that businesses are gradually shedding caution that marked the 5-year-old recovery.
Payrolls rise 209000 in July; jobless rate at 6.2 percent  Bradenton Herald
US unemployment rate up slightly for July  Pittsburgh Post-Gazette
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Scientific Games to buy Bally in $3.3 billion slot-machine deal
JOHN FITZHUGH/SUN HERALD/FILEGabby Beard of Biloxi wipes down part of the Bally Technologies display at a previous Southern Gaming Summit and BingoWorld convention at the Coast Convention Center in Biloxi.
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Bally ...  Wall Street Journal
Harwood Feffer LLP Announces Investigation of Bally Technologies, Inc.  MarketWatch
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Business notes: Automakers enjoy a booming sales month
Big discounts helped U.S. auto sales sizzle in July. Toyota, Ford, Nissan and Chrysler all saw double-digit sales gains. General Motors' sales were up 9 percent compared with last July.
New car, truck sales gain ground  Chattanooga Times Free Press
New car, truck sales up in July  Toledo Blade
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Procter & Gamble will shed brands
EARNINGS. Profit up, P&G to shed brands. Procter & Gamble posted a 38 percent increase in profit Friday, helped by cost cutting.
Procter & Gamble to Streamline Offerings, Dropping Up to 100 Brands  New York Times
Procter & Gamble to Axe 90-100 Brands in its Portfolio  Fox Business
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Fiat to leave Italy as Chrysler merger deal is signed
Sarah Stack. Published 02/08/2014|00:00. 0 Comments; Share. Sergio Marchionne. Italy's largest manufacturer Fiat is leaving home after 115 years.
Fiat investors approve Chrysler merger  Reuters
With vote for Chrysler merger, Fiat looks abroad
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