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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 reports $126m quarterly loss  BBC News
Amazon loss widens despite climbing sales  Channel News Asia
Businessweek   Related articles »  
Wall Street Ends Flat on Mixed Earnings; S&P 500 at Record
New York: US 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.
US STOCKS-Wall St ends flat on mixed earnings; S&P 500 at record  Reuters India
S&P 500 Extends Record as Facebook Jumps; Treasuries Drop  Bloomberg
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Chicken off McDonald's HK menu after food scandal
HONG KONG - McDonald's restaurants in Hong Kong have taken chicken nuggets and chicken burgers off the menu after a mainland Chinese supplier was accused of selling expired meat.
McDonald's halts nuggets sales in Hong Kong  BBC News
China Meat Scare Adds Foreign Suppliers to Food Worries  Bloomberg
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Walmart chief executive Bill Simon stepping down
EXECUTIVES. Walmart CEO steps down. The chief executive of Walmart's U.S. division is leaving the company and will be replaced by the head of its Asian division, the company said Thursday.
Wal-Mart's US chief executive is stepping down  Los Angeles Times
Kiwi gets Wal-Mart's top US job  New Zealand Herald
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Longmont's Fracking Ban Tossed as Colorado Vote Looms
The city of Longmont, Colorado, can't ban hydraulic fracturing, or fracking, used to extract oil and gas from sand and shale formations, a judge ruled.
Fracking ban struck down in Colorado; Could Denton be next?  Dallas Business Journal (blog)
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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.
Zillow and Trulia are reportedly near merger agreement  Los Angeles Times
Online real estate giant Zillow in reported $2 billion bid for Trulia  Vallejo Times-Herald
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Starbucks sells more coffee and reaps the rewards
The numbers: Starbucks met analyst estimates on Thursday by posting third quarter profits of 67 cents per share on $4.15 billion in sales.
Starbucks Shares Fall Amid Concern That Profit Growth Will Ebb  Bloomberg
Starbucks Sizzling Profits Get Cool Reception  Forbes
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FOREX-Dollar, euro supported by positive jobless claims, activity data
... * Upbeat employment data support dollar vs yen. * Japan CPI as expected, muted reaction from dollar/yen. * Euro off 8-mth low but longer-term view still bearish.
Dollar, euro supported by positive jobless claims, activity data  Reuters India
The Dollar Is Set To Rally -- Here's Your Playbook  NASDAQ
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Aviation industry maintains safety, despite Mali crash
Commercial flight is still nearly the safest it has ever been, despite the latest spate of crashes including an Air Alg�rie flight on Thursday, according to aviation sources.
Data Show Safety of Flying Despite Spate of Crashes  Wall Street Journal
Very bad week: Airline disasters come in a cluster
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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
Drought-stricken West exhausting underground water resources, research shows  WaterWorld
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