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U.S. markets news

Jackson Hole Participants to Discuss Frameworks for Low-Rate World
JACKSON HOLE, Wyo.—Global central banks' recent experiences with negative interest rates and whether they help central banks stimulate economic growth are likely to be the main topics of discussion at the Federal Reserve Bank of Kansas City's annual ...
As central bankers gather, some at Fed make interest rate rise case  Reuters
Op-Ed: Stop worrying about interest rates. Here's what we should be ...  CNBC
Reuters Blogs (blog)  
How Mylan, the maker of EpiPen, became a virtual monopoly
The maker of EpiPen announced Thursday that it will help more patients pay for the lifesaving allergy injection, bowing to intense criticism from politicians, doctors and patients over the drug's soaring list price.
Mylan to Offer Some Patients Aid on Cost of EpiPens  New York Times
'The system is broken' and EpiPens are just the tip of the iceberg  USA TODAY
How Walmart Won Back Shoppers From Dollar General
Dollar General DG has been cutting prices by about 10% on hundreds of staples like milk and eggs as it looks to keep customers who are drifting back to Walmart.
Price wars heat up as dollar store echoes Wal-Mart's battle cry  CNBC
Dollar General takes the battle to Wal-Mart with price cuts  Business Insider
California Aims Retirement Plan at Those Whose Jobs Offer None
Couples along the beach in California, where a mandatory, state-run retirement plan will call for employers to automatically enroll workers, then start deducting 3 percent from each paycheck.
California Heads Toward Offering Public Retirement Accounts  Wall Street Journal
Have 401(k)s "Wreaked Havoc" on Retirement Saving? Hardly.  Forbes
Stocks Sag Ahead of Fed Summit
U.S. stocks slipped Thursday, led lower for a second consecutive session by health-care shares. It was the third-lightest day of the year for U.S.
Wall St. slips on healthcare, consumer names; Fed eyed  Reuters
Global markets subdued ahead of Fed speech, healthcare stocks dip  The Fiscal Times
Can Thomas Dooley fix what's ailing Viacom?
For Thomas Dooley, securing the job as chief executive of Viacom Inc. might be the easy part. Fixing the struggling media company will take more work.
Sumner Redstone: Granddaughter Lacks Standing To Challenge Viacom Settlement  Deadline
Shari Redstone Pushes for CBS-Viacom Merger, Moonves Undecided  Fox Business
St. Jude stock shorted on heart device hacking fears; shares drop
The stock of pacemaker manufacturer St. Jude Medical Inc (STJ.N) fell sharply on Thursday after short-selling firm Muddy Waters said it had placed a bet that the shares would fall, claiming its implanted heart devices were vulnerable to cyber attacks ...
Hackers Could Make a Killing After Finding Vulnerability in Hospitals' Tech  Gizmodo
Unorthodox Muddy Waters Partnership Targets St. Jude's Devices  Bloomberg
Uber Loses at Least $1.2 Billion in First Half of 2016
The ride-hailing giant Uber Technologies Inc. is not a public company, but every three months, dozens of shareholders get on a conference call to hear the latest details on its business performance from its head of finance, Gautam Gupta.
How Uber Lost More Than $1 Billion in the First Half of 2016  New York Times
Uber reportedly lost $1.27 billion in just six months  The Verge
Wal-Mart in 2008 Looked Into Authenticity of Cotton Sheets Supplied by Welspun ...
Wal-Mart Stores Inc. WMT -1.40 % and other retailers are investigating whether their Egyptian cotton sheets are authentic, but this isn't the first time the retail giant has had questions about that product.
Why Welspun might have sold fake Egyptian cotton sheets to Target and other ...  Quartz
Investors brace for worst as Welspun awaits Wal-Mart review  Chicago Tribune
Transatlantic Tax Attack
As diplomatic broadsides go, the shot the Obama Administration fired at Europe over tax policy this week is impressive. The U.S. Treasury released a 25-page white paper explaining why the European Commission's attempts to extract more revenue from ...
CEO Daily: Thursday 25th August  Fortune
Why the EU's Tax Probe of Multinationals Is Raising US Ire  New York Times