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U.S. markets news

Pacific Rim free trade talks fall short of deal
LAHAINA, Hawaii Pacific Rim trade ministers failed to clinch a deal on Friday to free up trade between a dozen nations after a dispute flared up over auto trade between Japan and North America, New Zealand dug in over dairy trade and no agreement was ...
Pacific Trade Ministers Wrap Up Hawaii Talks Without Reaching Deal  NBCNews.com
Talks for Pacific Trade Deal Stumble  New York Times
Bloomberg  
TREASURIES-Prices rally on record low increase in Q2 labor costs
(Updates with late New York prices). * U.S. Employment Cost Index barely rises in Q2. * Smallest increase in ECI in 33-year history of index.
US wage growth brakes in second quarter; consumer sentiment slips  Sentinel Republic
Paycheck growth at slow pace in 2Q  Longview News-Journal
Uber Just Beat Facebook's $50 Billion Record
Uber recently closed a new funding round that values the car-hailing startup close to $51 billion, the Wall Street Journal reported Friday.
Uber Valued at About $51 Billion After Latest Funding Round: Report  NDTV
Microsoft's Investment In Uber Is A Head Scratcher  Forbes
Exxon profit halved by tumbling crude prices
Exxon Mobil Corp reported lower-than-expected second-quarter results on Friday as tumbling crude prices halved profit at the world's largest publicly traded oil company.
Exxon and Chevron profits are down over 50%  CNNMoney
Pain Worsens for Oil Giants Exxon and Chevron  Wall Street Journal
Yahoo Buys Polyvore, a Site Focused on Shopping
Yahoo has once again gotten the urge to go shopping - and this time the Internet company has acquired a social shopping site. Yahoo announced late on Friday that it had agreed to acquire Polyvore for an undisclosed price.
Yahoo Tries to Get More Fashionable with Polyvore Aquisition  Inc.com
Yahoo snaps up shopping website Polyvore  Sky News Australia
China's manufacturing weak, showing zero growth in July
BEIJING - Official data show China's manufacturing recorded no growth in July, in a sign of weakness in the world's second-largest economy.
China Manufacturing Activity Slips in July  Wall Street Journal
China's large manufacturers stall as demand weakens at home and abroad  The Guardian
MtGox bitcoin chief Mark Karpeles arrested in Japan
Japanese police have arrested the CEO of the collapsed company MtGox, which was once the world's biggest exchange of the virtual currency, bitcoin.
Former Mt. Gox Chief Karpeles Arrested, Japanese Police Say  Bloomberg
Former CEO of collapsed Mt.Gox bitcoin exchange arrested in Japan: reports  Reuters
Greece, Europeans must reach deeper deal before IMF program possible
WASHINGTON The International Monetary Fund can only approve new loans for Greece after Athens reaches an agreement with European governments that would ensure it can pay its debts, an IMF official said on Thursday.
Greek bailout talks with auditors begin  Times of India
Money tells us who really benefits from bailouts: Bloomberg View  OregonLive.com
FAA: Delta pilot spots possible drone near Kennedy Airport
A Delta pilot reported flying past a drone while coming in for a landing Friday afternoon at Kennedy Airport, the Federal Aviation Administration said.
Delta: Plane from Orlando airport landing in NY spots drone  Orlando Sentinel
Close call at JFK Airport when drone whizzes past Delta flight as it went in ...  New York's PIX11 / WPIX-TV
Microsoft Said to Invest Big Sum in Uber
Microsoft has agreed to invest in Uber, according to people with knowledge of the matter, as part of a funding round that values the ride-hailing company at around $51 billion.
Uber Is Investing $1B To Grow Its Business In India To 1M Rides Per Day  TechCrunch
Uber to spend $1B over nine months for India expansion  CNET