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U.S. markets news

Follow live: VW's US chief pins blame for diesel scandal on a 'couple of ...
“This was a couple of software engineers who put this in for whatever reason,” Michael Horn, VW's U.S. chief, told a House subcommittee hearing.
Volkswagen's US boss blames 'individuals' for cheating  Reuters
VW hearing displays anger on both sides  Financial Times
Bill Gross sues Pimco, says he was wrongly ousted from firm he founded
Bill Gross, the founder of Pacific Investment Management Co. who left the firm amid internal acrimony last year, is suing the company for breach of contract.
UPDATE 2-Bill Gross sues Pimco for $200 million over forced ouster  Reuters
Bill Gross is suing Pimco for $200M  Fortune
How Amazon's 'Handmade' Plans to Take on Etsy
Amazon's quest to dominate the online shopping experience expanded into Etsy's territory today with the launch of Handmade at Amazon, an online bazaar where artisans can sell their homemade goods.
Amazon Launches Etsy Competitor 'Handmade'  Wall Street Journal (blog)
Why Amazon is moving into the handmade market  Christian Science Monitor
US jobless claims fall to near a 42-year low
WASHINGTON The number of Americans filing new applications for jobless benefits fell more than expected to near a 42-year low last week, pointing to ongoing tightening in the labor market despite the recent slowdown in hiring.
Afternoon Coffee: Jobless Claims Fall Near 42-Year Low, Americans Spend More ...  Spend Matters
US Weekly Jobless Claims  CNBC
Wall St. slips ahead of Fed minutes; Apple weighs
U.S. stocks fell on Thursday as investors await the minutes of the Federal Reserve's September meeting to get an insight into the central bank's decision to keep interest rates steady.
US stock market struggles to find direction ahead of Fed minutes  MarketWatch
US Stocks Move Between Slight Gains and Losses at Midday  New York Times
National retail trade group predicts slight decline in holiday season sales
Black Friday shoppers squeeze through the passageway between the Court and Plaza at the King of Prussia Mall. ( RON TARVER / Staff Photographer ). Travel Deals.
Those $7 skinny jeans are a holiday spoiler  CNBC
UPDATE 2-US retail group sees holiday sales growth slowing this year  Reuters
Elliott Seeks to Consolidate Telecom Equipment Industry
Activist investor Elliott Management Corp. Thursday laid out an ambitious road map for a roll-up of the industry that provides telecommunications equipment to businesses.
Elliott urges Polycom-Mitel merger after disclosing stakes  Reuters
Polycom rises 17% after shareholder proposes merger with competitor  USA TODAY
Encana sells Colorado property to CPPIB-led group for $900-million
Encana Corp. has struck a deal to sell a Colorado property to a group led by the investment arm of the Canada Pension Plan for $900-million (U.
Encana to Sell Colorado Oil and Gas Assets for $900 Million  Wall Street Journal
Encana (ECA) Stock Rises on $900 Million Asset Sale
Dell Buyout, Phase II: Tara Lachapelle
Here's a name we haven't heard from in a while: Dell. And how very Dell-like to make a big splash back into M&A two years after being at the center of one of the largest and most high-profile buyouts in history.
How and Why Dell Could Buy EMC  Wall Street Journal (blog)
Dell lines up $40bn in financing to buy EMC  Financial Times
Stocks mixed ahead of Fed minutes, earnings
Stocks were mixed in early afternoon trading Thursday as investors are again focused on the Federal Reserve's rate hike intentions as they await the minutes from the Fed's latest policy meeting.
Dollar falls before Fed minutes, global stocks mixed  Livemint
China stocks jump, other markets await Fed minutes  Salt Lake Tribune