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U.S. markets news

Amazon Loss Widens as CEO Alarms Investors With Spending
Jeff Bezos is testing the patience of investors after Amazon.com Inc. (AMZN) missed analysts' estimates for a second straight quarter, sending shares tumbling 11 percent.
Amazon Loss Widens, CEO Alarms Investors With Spending Pace  Businessweek
Will Amazon ever be profitable?  Telegraph.co.uk
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European Markets Fall Amid Earnings, M&A
The European markets are trading lower on Friday, amid a slew of earnings and corporate news, with geo-political worries continuing to weigh on investor sentiment.
German Business Confidence Index Continues to Decline: Euro Falls to 8 month ...  Stixs News
Geopolitical Tensions Weigh on German Economy, Data Suggest  Wall Street Journal
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Fox's Europe deal means cash for Time Warner bid
Rupert Murdoch's 21st Century Fox entered a deal Friday to sell all of its stake in Sky Italia and a majority stake in Sky Deutschland to BSkyB, raising more than $8 billion cash to fortress its rebuffed Time Warner bid.
BSkyB to Buy Italian and German Units of 21st Century Fox  New York Times
BSkyB to create multinational European TV network  Wall Street Journal
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UPDATE 2-In China meat scandal, McDonald's Japan switches to Thai chicken ...
(Adds McDonald's Japan shifting overseas sourcing of chicken products to Thailand from China). HONG KONG, July 25 (Reuters) - McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it imported products from ...
McDonald's Japan stops all sales of chicken produced in China  Fortune
In China meat scandal, McDonald's Japan switches to Thai chicken, no ...  Chicago Tribune
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UK Economy Grows to Surpass Pre-Crisis Peak
Britain's economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday.
UK Overcomes Record Slump With 0.8% Quarterly Growth: Economy  Businessweek
British economy grows 0.8 percent in 2nd quarter, exceeds pre-downturn level  Fox Business
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Zillow Seen Dominating U.S. Home Searches With Trulia
A Zillow Inc. purchase of Trulia Inc. would create a dominant search website for U.S. house hunters, reshaping an online industry the companies helped popularize.
Online real estate giant Zillow in reported $2 billion bid for Trulia  San Jose Mercury News
Zillow in Advanced Talks to Buy Rival Trulia  Wall Street Journal
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Thousands Expected at Market Basket Rally Today
The Market Basket saga will continue to unfold Friday in two separate settings. Employees, customers, and supporters of Arthur T. Demoulas, the company's former CEO whose ouster led to the turmoil facing the company this week, will rally at the Stadium ...
David vs. Goliath: Family feud leads to workers' revolt at supermarket chain  CTV News
Market Basket employees plan rally  WLBZ-TV
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US stocks little changed
Wall Street stocks on Thursday finished little changed with the S&P 500 inching to a new record following mixed US economic data and a flood of corporate earnings.
US stocks end little changed after mixed news  NewsOK.com
Wall Street finishes flat on mixed earnings; S&P at record  Moneycontrol.com
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Walmart US CEO Bill Simon Steps Down: Investors Should Be Concerned
Bill Simon is being replaced by CEO of Walmart China, Greg Foran. This can add to Walmart US' existing problem of lower comparable sales.
Wal-Mart names new CEO of US discount division  Barre Montpelier Times Argus
Ex-Woolworths executive Greg Foran to head WalMart US  Sydney Morning Herald
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South Korea news agency says police detain eldest son of sunken ferry owner.
SEOUL, South Korea - South Korean news agency says the eldest son of the sunken ferry owner has been detained by police after two months on the run.
Impossible to determine cause of South Korea ferry businessman's death ...  Reuters
S. Korea lab fails to find out how ferry owner died  The Seattle Times
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