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U.S. markets news

Fed leaves rates unchanged, says risks to outlook reduced
WASHINGTON The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the U.S. economic outlook had diminished, opening the door to a resumption of monetary policy tightening this year.
Fed Begins Crawl Toward Rate Hike as Near-Term Risks Diminish  Bloomberg
Fed Leaves Door Open to Move as Soon as September  Wall Street Journal
Facebook sees 2 billion searches per day, but it's attacking Twitter not Google
Facebook wants to be known as a place to search for mentions of current news in hopes of drawing more public chatter that normally ends up on Twitter.
Facebook Shares Soar On Sales, Earnings That Blow Away Estimates  Forbes
Facebook Posts Strong Profit and Revenue Growth  Wall Street Journal
Statewide energy alert issued as California bakes in summer heat
Sweltering temperatures across California prompted calls for residents statewide to reduce their energy use through 9 p.m. Wednesday, officials said.
California heat brings energy conservation 'Flex Alert'  CBS 8 San Diego
California power grid operator issues 'flex alert' as temperature soars  Sacramento Bee
US Durable Orders Tumble 4.0% on Overseas Turmoil
WASHINGTON—Demand for long-lasting factory goods fell sharply in June, a sign overseas turmoil is weighing on U.S. manufacturers.
US durable goods orders fell 4.0% in June vs. 1.1% drop expected  CNBC
Orders for durable goods plunged in June  U.S. News & World Report
The Coca-Cola Co v2.0: Smaller Company, Bigger Brand Portfolio
Refranchising of bottling operations will see the company significantly shrink both its revenue and workforce, but its number of beverage offerings is growing quickly.
Coca-Cola's revenue misses on weak China, LatAm markets  Reuters
Coca-Cola CEO: Soda lovers still out there, but drinking smaller amounts  USA TODAY
Oreo maker Mondelez's revenue falls for 11th straight quarter
Mondelez International's quarterly net revenue slumped nearly 18 percent, the 11th straight quarter of decline, as sales fell in markets outside North America.
Mondelez (MDLZ) CEO Irene Rosenfeld Talks Earnings on CNBC
Mondelez hopes for sweet success as it launches chocolate in China  Chicago Tribune
What is LeEco, and why is it buying Vizio?
This flower smells like a rotting corpse, and you can watch it bloom live right... Next Story. The atmosphere above Jupiter's Great Red Spot is hotter than the rest of the... Business · Home · Mobile · Tech · Transportation · Report. What is LeEco, and ...
To see why LeEco bought Vizio, look at the Chinese company's smartphones  Los Angeles Times
The Chinese Company Behind the Vizio Deal  Wall Street Journal
Alere Faces Criminal Probe Over Medicare, Medicaid Billing
Federal investigators are seeking information about government-billing practices at Alere Inc., adding to a litany of woes at the diagnostic-testing company, as it seeks to complete a deal to sell itself.
Alere Plunges by Record on Report of U.S. Criminal Probe  Bloomberg
Abbott has more reason to walk away from Alere deal  Chicago Tribune
US Treasury expands hunt for money laundering in real estate
WASHINGTON The U.S. Treasury on Wednesday expanded its hunt for international criminals who launder money through real-estate deals by ordering title insurance companies to report all-cash buyers' identities in parts of California and Texas, as well as ...
US|US to Expand Tracking of Home Purchases by Shell Companies  New York Times
Feds to require buyers of luxury properties in LA County to reveal their ...  Los Angeles Times
Why Wellness Going Mainstream Is Bad News For Whole Foods
Consumers are more aware of what they're putting in their bodies than ever before, seeking more and more organic, natural and non-GMO meat, dairy and produce.
Facebook Messenger and WhatsApp both top 1 billion users  Fast Company
Whole Foods' Sales Fall Again as Competitors Draw Customers  New York Times