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U.S. markets news

Chinese Markets Continue to Fall Following Worst Single-Day Drop in 8 Years
China's stock markets continued their precipitous slide on Tuesday, falling almost two percent despite state regulators' frantic attempts to stabilize the country's volatile indices.
China's market meddling could do more harm than good  CNN
Q&A: What Stock Market Tumble Means for China, Rest of World  New York Times
The Guardian  
Toyota's global sales dip 1.5 pct in first-half of year
TOKYO, July 28 Toyota Motor Corp's global sales fell 1.5 percent to 5.02 million cars in the first half of this year, dragged down by a slowdown in emerging markets and increased taxes on mini-vehicles in Japan.
Toyota falls behind VW in world's biggest automaker race  Hindustan Times
Volkswagen Sold More Vehicles Than Toyota in First Half  ABC News
BP Reports Second-Quarter Loss as Oil Spill Settlement Takes Toll
LONDON - The British oil giant BP said on Tuesday that it had lost $5.8 billion in the second quarter, reflecting a huge settlement over the 2010 Gulf of Mexico oil spill.
BP swings to $5.8 billion loss on Gulf charge, oil slide  Fortune
Oil prices will stay 'lower for longer': BP CFO  MarketWatch
British economy grows 0.7 per cent in second quarter: Data
LONDON: Britain's economy accelerated in the second quarter of 2015, helped by a rebounding services sector, official data showed on Tuesday.
Britain's economy grows 0.7 percent in second quarter  SCNow
Sanofi Joins Regeneron in $2.2 Billion Pact for Cancer Therapies
Sanofi agreed to contribute $2.2 billion to work with Regeneron Pharmaceuticals Inc. on therapies that harness the immune system to fight cancer.
Sanofi links with Regeneron in $2.2 billion cancer drug push  Business Insider
Sanofi, Regeneron Enter Major New Immuno-Oncology Collaboration  Nasdaq
U.S. Stock-Index Futures Advance, Signaling Rebound for S&P 500
U.S. stock-index futures rallied, signaling equities will rebound after posting their longest losing streak since January. Standard & Poor's 500 Index E-mini contracts expiring in September increased 0.6 percent to 2,076.5 at 6:05 a.m.
ASX dances to beat of China's drum  The Australian Financial Review
China's woes, market heavyweights dictate choppy share market trade  ABC Online
GM, China's SAIC will develop small vehicles for emerging markets
DETROIT, July 28 General Motors Co said on Tuesday it will invest $5 billion over the next several years to develop with its Chinese partner a new family of Chevrolet vehicles aimed at fast-growing emerging markets, in the process offering investors a ...
General Motors Bets $5 Billion On Emerging-Market Future  Forbes
GM, SAIC to Jointly Design New Cars  Nasdaq
Florida family unearths gold coins worth over $1M from 1715 shipwreck
July 27, 2015: This photo shows gold coins and a gold chain that were found in the wreckage of a 1715 Spanish fleet that sunk in the Atlantic Ocean.
Family finds $1m worth of 18th-century gold treasure off Florida coast  The Independent
Treasure Hunters Find Over $1 Million Worth of Shipwrecked Spanish Gold off ...  TIME
How David Taylor Should Manage His Own Onboarding As Procter & Gamble's New CEO
David Taylor's challenges as Procter & Gamble's new CEO would be particularly acute. He would need to complete the next steps of P&G's “shrink to grow” turn-around by reducing the bureaucracy and reorienting leadership around a new, yet-to-be clarified ...
P&G preparing to name new CEO?  Cincinnati.com
At P&G, Lafley Prepares to Hand Over Reins  Wall Street Journal
US business groups join forces to pledge action on climate change
London/Washington: Goldman Sachs and Bank of America have joined 11 other large US companies to make a series of climate change pledges that the White House says could lead to at least $140 billion (Dh514.2 billion) in new green investments.
Climate Pledge Launch: Microsoft, Apple, Google And 10 More Companies Sign In  Headlines & Global News
Climate change: world's wealthiest understand, but only half see it as ...  The Guardian