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U.S. markets news

Oil Retreats on Caution Over OPEC Deal
Crude-oil prices gave up earlier gains in midday Asia trade Thursday, as traders took a cautious view of the Organization of the Petroleum Exporting Countries' proposal to cut crude output.
Oil shares pull Asian stocks higher; yen slips  Reuters
Goldman Sees OPEC Buying Time With Deal That May Lift Oil $7-$10  Bloomberg
California Suspends Ties With Wells Fargo
Wells Fargo clawed back $41 million of John G. Stumpf's pay over the sham accounts scandal. Credit Susan Walsh/Associated Press.
Stumpf's Pay Cut Eclipsed by Fury as Yellen, California Join In  Bloomberg
California Imposes Sweeping Sanctions On Wells Fargo Amid Scandal  NPR
House approves stopgap funding, averting costly shutdown
The House on Wednesday approved a bill to fund the federal government through December 9, averting a costly shutdown two days ahead of the deadline.
Congress clears stopgap spending bill, $1.1B to fight Zika  Washington Post
Senate passes bill to avoid government shutdown  CNN
CBS and Viacom, Long Split, Will Be Told to Consider Reuniting
A month after a bitter fight over Viacom's leadership was settled, the company may find itself pressed to reunite with its corporate sibling, CBS.
Pitt v. Jolie: Comparing the Stars' Divorce Dream Teams  Hollywood Reporter
CBS-Viacom merger may be closer to reality, thanks to Redstones and National ...  Los Angeles Times
Trump's fortune drops $800m in one year
"Part of the beauty of me is that I'm very rich," Donald Trump once said, but according to Forbes magazine he's much less rich than a year ago.
Forbes Pegs Trump's Wealth At $3.7 Billion, $800 Million Less Than Last Year  Huffington Post
Trump's net worth falls $800M in past year  New York Post
NC improves ranking in business climate report
The top individual category ranking for North Carolina was in corporate tax structure, from 18th in 2015 to seventh for 2016 and fourth for 2017.
Study: PA became more business-friendly, but corporate tax rate needs a fix  Wilkes Barre Times-Leader
New Tax Foundation Report Highlights Best & Worst States For Business  Forbes
What Uber's self-driving big rig plan means for truck drivers
Uber, which acquired self-driving truck startup Otto this summer, plans to get long-haul trucks on the roads next year. How will it affect those who are involved?
Uber is getting serious about tackling the self-driving truck industry  Business Insider
Uber's Truck Won't Stop
Takata's Tricky Protection Racket
David Fickling is a Bloomberg Gadfly columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.
Takata Takeover Deals Scrutinized for Handling of Recall, Liability Costs  Insurance Journal
Honda Says Takata Air Bag Ruptured in Malaysia Crash, 1 Dead  New York Times
Ubiquitous Flatbread Sandwich Chain Cosi Files For Bankruptcy
Discovered in Paris two decades ago, Cosi's rise into one of America's most recognizable lunchtime quick service eateries has wound up in a Boston bankruptcy court.
Cosi files for bankruptcy, sets sale  The Boston Globe
Sandwich chain Cosi files for Chapter 11 bankruptcy  Tulsa World
Fed Politics in Spotlight as Yellen Cornered by Lawmaker
Federal Reserve Chair Janet Yellen's defense of the central bank as non-partisan came under attack on Wednesday, as a Republican congressman cornered her on whether a key policy maker would have a conflict of interest in discussing a post in the next ...
Fed's Yellen defends regulatory role, raises stress test changes  Reuters
Yellen Pressed to Scrutinize Big Banks in Wake of Wells Fargo Scandal  Wall Street Journal