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U.S. markets news

Chinese Markets Uneasy After Huge Sell-Off
HONG KONG - Instability continued to roil China's stock markets on Tuesday in spite of new pledges of support from the government.
China Stocks Extend Drop While Europe Futures Gain; Oil Retreats  Bloomberg
China stocks volatile after dive the day before, other Asia markets waver ...  Fox Business
General Motors Bets $5 Billion On Emerging-Market Future
Not exactly, anyway. The nation's largest automaker still is bullish on the U.S. and other “mature” markets, but the company is announcing today it will invest $5 billion to develop a new, wide-ranging vehicle architecture to enhance the ...
GM, SAIC Plan to Jointly Design New Cars  Wall Street Journal
GM to put $5bn into emerging market car  Financial Times
Markets Live: China crash spooks
The sharemarket has opened lower, dragged down by the big miners following a selloff on global markets after yesterday's late crash in China, but the local response has been relatively measured.
Dow hits lowest level since February  Independent Online
Chinese stock market suffers biggest one-day sell-off since 2007  World Socialist Web Site
Oil prices drop toward four-month lows on glut worries, equities sell-off
SINGAPORE Oil prices fell towards four-month lows on Tuesday, dropping for a fifth straight session on persistent worries about a global supply glut, while stock market sell-offs on both sides of the Pacific also rattled investor sentiment.
Oil prices fall on China stock, crude oversupply woes  Economic Times
Volatility in China hits oil  Independent Online
Treasure Hunters Find Over $1 Million Worth of Shipwrecked Spanish Gold off ...
A Florida family of professional treasure hunters has struck gold after discovering over $1 million worth of coins and jewelry in a huge Spanish shipwreck from the 18th century, Florida Today reports.
More than $1M in gold artifacts recovered along Treasure Coast  Sentinel Republic
WATCH: Florida treasure hunters find $1 million in gold from Spanish boats ...  New York Daily News
At P&G, Lafley Prepares to Hand Over Reins
Procter & Gamble Co. PG -0.40 % brought back A.G. Lafley two years ago to pull the company out of a protracted slump. This week, P&G is poised to announce his replacement.
P&G CEO A.G. Lafley Said to Be Close to Passing Reins to Taylor  Bloomberg
UPDATE 2-P&G to name David Taylor CEO -WSJ  Reuters
La Guardia Airport to Be Overhauled by 2021, Cuomo and Biden Say
La Guardia Airport, whose dilapidated terminals and long, unenviable record of traveler delays have made it a target of jokes and complaints for decades, will be completely rebuilt by 2021, Vice President Joseph R. Biden Jr.
La Guardia Overhaul Gains Ground  Wall Street Journal
LaGuardia: No more 'third world' airport? Cuomo, Biden say it'll ...  Los Angeles Times
Big Oil and Big Corn blitz EPA on biofuels plan
NEW YORK, July 28 U.S. farmers, biofuel makers, and oil companies have mounted last-ditch efforts to push regulators to overhaul a controversial plan for biofuel use, homing in on the price Americans pay for gasoline mixed with such fuels as ethanol.
Please support green energy, tell the EPA
Fuels America Delivers Over 200k Pro-Biofuels Comments to EPA, Voices ...  Hoosier Ag Today
Investment in Offline Services Hits Baidu Profits
Chinese search giant Baidu Inc. BIDU -4.16 % will ramp up spending to promote its expansion into linking online consumers with food delivery, group buying and other offline services, even as such offerings continued to take a toll on its profits.
Baidu shares hit as results disappoint  Financial Times
Baidu Sales Outlook Misses Estimates on Weaker Chinese Economy  Bloomberg
Covered California sets 4 percent hike in 2016 health care premiums; Northern ...
Northern Californians will pay $88 more in average monthly health care premiums than Southern California consumers, under new 2016 rates announced Monday by Covered California, the state's official health care marketplace under the Affordable Care ...
Double-digit rate increases coming for those in region with Covered ...  Modesto Bee
California Health Insurance Exchange Keeps Rate Hikes Low — Again  New England Public Radio