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U.S. markets news

Asian shares fall as US jobs jitters outweigh ECB support
SINGAPORE/TOKYO Asian shares extended losses on Friday as caution over a U.S. jobs report overshadowed signals from the European Central Bank that it is willing to take further steps to shore up the European economy.
Asia Stocks Slip Ahead of US Jobs Report  Wall Street Journal
Central banks falling short of 2 pct. inflation target  Washington Post
Irish Examiner  
US job gains seen solid in August, spotlight on Fed
WASHINGTON The U.S. economy likely added jobs at a steady pace in August and the unemployment rate probably fell to a near 7-1/2-year low of 5.2 percent, which could allow a cautious Federal Reserve to consider a September interest rate hike.
Why Friday's US jobs report could affect Americans' finances  Washington Post
Fed's Kocherlakota Again Argues Against Raising Short-Term Rates This Year  Wall Street Journal
Gas prices to be lowest for Labor Day in 11 years
With stock markets hitting some major bumps recently, cheap gasoline should provide Americans a far smoother ride this Labor Day weekend and the likely prospect of $2 pump prices by Christmas.
Labor Day Forecast: Hot, With Heavy Air And Road Traffic  CBS Local
Low gas prices — a time to save?  The Decatur Daily
French Prosecutor Confirms Airplane Part Found in Reunion Belongs to MH370 Flight
PARIS—A top French prosecutor confirmed on Thursday the airplane debris that recently washed ashore on the French island of Reunion came from the Malaysia Airlines' missing Boeing BA 0.95 % 777.
Paris Prosecutor Says Reunion Part Belonged to Flight MH370  Bloomberg
Debris found on Reunion Island belongs to MH370, says French prosecutor  Business Standard
Millennials see themselves as greedy, self-absorbed and wasteful, study finds
Millennials and Generation X rate themselves lower on scores such as work ethic and patriotism than earlier generations. Photograph: Facundo Arrizabalaga/EPA.
Millennials describe themselves as self-absorbed, wasteful
Many millennials see themselves as self-absorbed, wasteful  Salt Lake Tribune
US Trade Deficit Narrows; More File for Jobless Claims
WASHINGTON - The trade deficit in the United States fell in July to its lowest level in five months as exports rose broadly, signaling underlying strength in the economy despite concerns about a global growth slowdown.
Statistics Canada says trade deficit narrowed to $593 million in July  Toronto Sun
July trade deficit dropped to $41.9 billion  Observer-Reporter
Bohai to acquire Irish aviation lessor Avolon in $2.6bn deal
Irish aviation lessor Avolon is to be acquired by Bohai Leasing in a transaction valued at $7.6 billion. Avolon said last month it had agreed with the Chinese company to enter exclusive talks about a possible acquisition of the company for $32 a share ...
Business Watch  Wall Street Journal
Chinese group snaps up Avolon in $2.5bn deal  Financial Times
Novartis unit to start selling copy of Amgen drug Neupogen
Novartis said Thursday that its Sandoz subsidiary will begin selling Zarxio, a copycat version of Amgen's infection-fighting Neupogen, in the United States.
Big Pharma: The Moment of Dread Is Here  Wall Street Journal
The first in a new generation of cheaper drugs isn't much cheaper  Washington Post (blog)
Changes in NNPC signal quick oil sector reforms
Appointed only last month, Ibe Kachikwu has made dramatic changes at the state oil company. The NNPC GMD said that he had started a three-pronged restructuring of the state-owned company that should lead to “a new NNPC” adding that this would entail ...
Nigeria to deploy drones to combat oil theft  Al Jazeera America
Amazon Buys Streaming Video Startup Elemental
Amazon on Thursday announced a deal to buy a startup that tailors traditional television broadcast for the vast array of Internet-linked devices used for streaming video.
Amazon buys Portland video company for reported $500M  The Seattle Times
Amazon Buys Video-Delivery Player Elemental Technologies  Press Examiner