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U.S. markets news

Fed likely to upgrade outlook, stay mum on rates
Despite encouraging rebounds in both job growth and markets in recent weeks, the Federal Reserve is expected to maintain its poker face this week, offering few, if any, clues as to whether it will raise interest rates in September, economists say.
Fed Doves Won't Be Able to Rule the Roost Forever  Bloomberg
6 Smart Investing Moves to Make as the Fed Meets  U.S. News & World Report
Reuters  
AB InBev Raises Offer for SABMiller
LONDON— Anheuser-Busch InBev BUD -0.13 % NV and SABMiller SBMRY -0.65 % PLC are back at the negotiating table. AB InBev on Tuesday raised its offer for London-based SABMiller in their proposed $100 billion-plus beer megamerger, seeking to ...
AB InBev Sweetens SABMiller Offer to Address Sterling's Plunge  Bloomberg
AB InBev Ups Offer for SABMiller After Brexit Pound Slump  New York Times
Where next for solar-powered flight?
There was something mesmerising about watching Solar Impulse come in to land, particularly at night. Moving slowly but deliberately, its LEDs lighting the way - the plane did look very different to anything we would recognise at an airport.
Solar plane's arrival highlights UAE's clean-energy push  mySanAntonio.com
Historic solar flight marks first round-the-world journey  News & Observer
Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94
The Q2 report shows total operating revenue of $30.5 billion and earnings per share of 94 cents. That's a miss on revenue, but a slight win on earnings/profitability - Wall Street analysts had predicted that the company (which owns TechCrunch) would ...
Verizon's Q2 Earnings: AOL Helps, Strike Certainly Doesn't  TheWrap
Starbucks allows pink hair, fedoras under new dress code
NEW YORK -- Pink hair? It's fine under Starbucks' new dress code. Or purple or green. “If hair color is your style, it's welcome,” says Starbucks look book, as long as the coloring is “permanent or semi-permanent, in keeping with food-safety standards.
Starbucks Just Made Some Major Changes To Its Uniform Policy  Refinery29
Starbucks baristas are showing their style with a new dress code  CNBC
CMO Today: Key Questions Hang Over Verizon-Yahoo Deal
YAHOO YHOO -2.69 % QUESTIONS: Now that everyone has had a moment to digest that one-time digital media titan Yahoo is about to join AOL as a part of Verizon Communications, VZ -0.41 % folks in the advertising industry have some tough questions, ...
On the heels of Yahoo deal, Verizon posts slowing phone growth  CNET
Verizon beats earnings estimates but misses on revenue  CNBC
Eli Lilly Revenue Helped by Sales of New Drugs
Eli Lilly & Co. reported Tuesday that revenue rose more than expected in the most recent quarter, as sales of new drugs padded increases in established products.
Lilly Profit Matches Estimates as U.S. Drug Sales Grow  Bloomberg
Eli Lilly (LLY) Tops on Q2 Earnings amp; Revenues  Zacks.com
Amazon Partners With U.K. to Test Deliveries by Aerial Drone
Amazon Inc. and the British government have announced a partnership to test the e-commerce giant's aerial drone parcel delivery technology.
Amazon tests drone deliveries in the UK after clashing with US authorities  CNBC
Amazon Drone Testing Expands In Britain Thanks To Partnership With UK Government  Tech Times
Yen Surges Amid Pessimism on Japan's Economy
In a fresh example of the topsy-turvy world of Japanese markets, the yen logged its biggest surge against the dollar Tuesday since the U.K.
U.S. Stocks Fall as Stronger Dollar Leads Commodities Lower  Chicago Tribune
Global Markets: Yen Soars Amid Stimulus Confusion and Doubts  Nasdaq
Refiner Valero's profit beats as crude costs stay low
Valero Energy Corp (VLO.N) reported a bigger-than-expected quarterly profit as the U.S. refiner continued to benefit from low crude costs.
Valero Energy (VLO) Beats Q2 Earnings, Revenue  Zacks.com
Valero Energy beats 2Q profit forecasts  Chron.com