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U.S. markets news

Starbucks puts spotlight on China amid US growth worries
LOS ANGELES (Reuters) - Starbucks Corp's (SBUX.O) new chief executive said the world's biggest coffee chain is making a long-term investment in China, as worries that growth from its dominant U.S.
Starbucks Shutters All Of Its 300+ Teavana Stores  Forbes
Starbucks to shutter all Teavana stores as sales disappoint  Detroit Free Press
USA TODAY  
Bezos knocks Gates off perch as richest person in the world — for a few hours
Amazon.com founder and The Washington Post owner Jeffrey P. Bezos on Thursday briefly became the richest person in the world, displacing Microsoft founder Bill Gates.
Prime Spot On The Billionaire List: Jeff Bezos Was (Briefly) World's ...  NPR
Amazon's earnings miss means Jeff Bezos is no longer world's richest ...  The Verge
Amazon plows ahead with high sales and spending; profit plunges
(Reuters) - Amazon.com Inc on Thursday reported a jump in retail sales along with a profit slump, as its rapid, costly expansion into new shopping categories and countries showed no sign of slowing.
Amazon misses Wall Street expectations by a mile  Business Insider
Amazon Shares Drop as Earnings Plunge 77% on Heavy Investment  TheStreet.com
Trump and Congress offer vague tax guidelines
WASHINGTON - After roughly three months of closed-door talks, the Trump administration and Republican congressional leaders appear to have made little concrete progress on a plan to overhaul the tax code and lower business and personal rates.
White House and GOP leaders tout deal to cut taxes, but offer no details  USA TODAY
Tax Overhaul Moves Forward Without Border Adjustment Plan  Roll Call
Amazon shares fall after big earnings miss
Amazon reported a beat on revenue but a huge miss on earnings, driving the stock down roughly 3% in after hours trading. Its revenue came in at $37.96 billion, beating street estimates of $37.18 billion.
Amazon Fresh isn't going away, even after Amazon buys Whole Foods for ...  Business Insider
Full transcript: Recode Senior Commerce Editor Jason Del Rey on Too ...  Recode
Things to know about Foxconn plant coming to Wisconsin
MADISON, Wis. - Foxconn Technology Group's manufacturing plant in Wisconsin wlll be the first U.S.-based facility for the Taiwan-based electronics giant.
Scott Walker: Foxconn won't get $3B unless 13000 jobs are created  Journal Times
Foxconn vows to spend $10B on new Wisconsin plant to make LCD displays  FierceWireless
McDonald's worker says he was fired after posting photos of 'disgusting' ice ...
A teenage McDonald's worker says he was fired after posting photos of "disgusting" conditions at the restaurant where he works.
McDonald's Employee Fired After Posting 'Dirty' Photos Of Ice ...  5newsonline.com
McDonald's employee fired after he shares disgusting photos of inside ...  Chron.com
Tesla earnings: Will Model 3 live up to the hype?
Tesla Inc. is scheduled to report second-quarter results after the market close on Aug. 2. Wall Street expects another loss for Silicon Valley company, but that is unlikely to matter much.
Tesla Model 3 Launch Event: Start Time And How To Watch  ValueWalk
Tesla's Model 3 Arrives on Friday -- Here's Everything You Need to Know  TheStreet.com
Ackman's Pershing Square bets on ADP, sends stock to record high
(Reuters) - Billionaire investor William Ackman is buying a large stake in Automatic Data Processing Inc (ADP.O), two people familiar with the matter said on Thursday, a move that sent the U.S.
Automatic Data Processing (ADP) Q4 2017 Results - Earnings Call Transcript  Seeking Alpha
Bill Ackman is buying up shares in a company that might manage your firm' ...  Business Insider
Imax Posts Second-Quarter Loss, Revenue Falls
Box-office disappointments like 'Pirates of the Caribbean: Dead Men Tell No Tales' and 'King Arthur: Legend of the Sword' pulled down results.
Regal And Imax Q2 Reports Fall Short Of Wall Street Expectations  Deadline
Imax Corporation (IMAX) Lifted to “Hold” at BidaskClub  BNB Daily (blog)