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U.S. markets news

Jobless Claims in U.S. Rose More Than Forecast Last Week
Job seekers wait to meet with potential employers during a job fair in St. Louis, Missouri. Photographer: Luke Sharett/Bloomberg. Don't Miss Out - Follow Bloomberg On.
US Jobless Claims Rise by 12000  Wall Street Journal
Applications for US unemployment benefits rose last week but remain ...  Fox News
ECB sees weaker growth, inflation in euro zone, says ready to act
FRANKFURT The European Central Bank cut its inflation and growth forecasts for the euro zone on Thursday and its president said things could get worse.
ECB Ready to Expand Stimulus Programs  Wall Street Journal
ECB holds rates at record lows  Financial Times
Trade deficit drops to $41.9 billion in July
The U.S. trade deficit fell in July to the lowest level in five months as exports posted a small gain while imports declined, reflecting a big drop in shipments of consumer goods such as cell phones.
UPDATE 1-Healthy export growth helps cut Canada's trade deficit in July  Reuters
US Trade Gap Narrows in July  Wall Street Journal
AOL to acquire Millennial Media, a mobile ad firm, for about $250 million
The deal furthers AOL's position in programmatic mobile advertising. AOL announced on Thursday that it will acquire Baltimore-based Millennial Media MM 31.82% , a mobile advertising company, for $1.75 per share or about $250 million.
AOL to Buy Millennial Media  Wall Street Journal
AOL Mercy Kills Millennial Media, One-time Hot Ad Tech IPO, For Just $238 ...  Forbes
Novartis launches first US 'biosimilar' drug at 15 percent discount
Novartis kicked off a new era in U.S. medicine on Thursday with the launch of the first "biosimilar" copy of a biotechnology drug approved in the United States, at a discount of 15 percent to the original.
First Biosimilar Goes on Sale in U.S., Challenging Amgen  Bloomberg
Novartis launches first biological copycat drug in US  Financial Times
Paris Streets Blocked by 1500 Tractors in Protest by Angry Farmers
Protesting French farmers brought more than 1,500 tractors to the streets of Paris Thursday to demand government help amid an agricultural crisis that has left some near bankruptcy.
Protesting farmers in more than 1500 tractors flood Paris streets  Reuters
French Farmers Stage Tractor Protest in Paris  Wall Street Journal
UK services sector shows disappointing growth
Sterling continued its slide against the dollar on Thursday as a key survey showed an unexpected slowdown in the UK's dominant service sector.
Standard Bank PMI indicates tough climate for business  BDlive
Sterling dips after UK services PMI survey misses forecasts  Economic Times
Stocks Advance, Euro Falls as ECB Reassures With Stimulus Revamp
European stocks rallied while the euro fell after the region's central bank vowed to use all tools available to support a recovery that it sees hindered by recent turmoil in emerging markets.
MarketsEurozone corporate bond market stirs again  Financial Times
Stocks move higher in US and Europe as markets regain their footing; China ...  Minneapolis Star Tribune
UPDATE 1-Indian woman who sued Uber over rape accusation ends lawsuit
(Adds Uber, woman's attorney declines comment). By Dan Levine. SAN FRANCISCO, Sept 1 (Reuters) - A woman who sued Uber after accusing one of its drivers of raping her in India has voluntarily ended her lawsuit against the company, according to a ...
Uber Suit Dropped by Woman Who Said Indian Driver Raped Her  Bloomberg
Indian woman allegedly raped by Uber driver withdraws suit  PCWorld
UPDATE 2-Syngenta to sell vegetable seeds, buy back shares
... * Syngenta under pressure to boost stock market value. * Launches programme to buy back more than $2 bln in shares. * CFO signals vegetable seeds could fetch up to $3.9 bln (Adds CFO comment, deal value estimates, analyst comment, background).
Syngenta Seeks to Appease Investors With Seeds Sale, Buyback  Bloomberg
Syngenta to sell vegetable seeds, buy back shares  Reuters Africa