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U.S. markets news

World's First Self-Driving Taxis Hit the Road in Singapore
SINGAPORE—Singapore became the first country in the world to launch a self-driving taxi service on Thursday, beating ride-hailing giant Uber Technologies Inc. by mere days to public road tests of a technology that could revolutionize the transport ...
MIT spinout NuTonomy just beat Uber to launch the world's first self ...  TechCrunch
Singapore Becomes First to Try Out Public Self-Driving Taxis  Bloomberg
CNBC  
U.S. Treasury Steps Up Pressure on EU Over Apple Tax Dispute
The U.S. is stepping up its effort to convince the European Commission to refrain from hitting Apple Inc. and other companies with demands for possibly billions of euros in underpaid taxes.
Apple could be on the hook for $19 billion in taxes, and the Obama ...  Business Insider
US criticises EU tax probes ahead of Apple ruling  BBC News
Latest Target In The Drug Price Wars? The Ubiquitous EpiPen
EpiPens are in your friend's purse and your kid's backpack. The school nurse has a few, as does Grandma. The medicine inside - epinephrine - has been around forever, and the handy gadget that injects it into your leg is not particularly new either.
Sen. Manchin mum on EpiPen hikes by daughter's drug company  Washington Post
Are drug companies overcharging?  CNN
Fed Officials to Meet With Activists Ahead of Jackson Hole Conference
When Federal Reserve officials gather for the Kansas City Fed's high-profile policy conference in Jackson Hole, Wyo. this week, some of them will start with an unprecedented event.
Central bankers eye public spending to plug $1 trillion investment gap  Reuters
Asia markets mixed, dollar strength weighs on oil  CNBC
HP Inc. tops Street 3Q forecasts but outlook clips stock
Shares in HP Inc. tumbled in extended trading Wednesday after the personal computer and printer maker beat expectations with its results for its fiscal third quarter but its outlook for the current quarter fell short of Wall Street estimates.
HP Inc beats estimates, weak printer demand weighs on forecast  Reuters
HP's Outlook Still Down Despite Improved PC Sales  Fortune
SEC Says 71 Muni Borrowers Lied About Disclosure Histories
The U.S. Securities and Exchange Commission said it reached settlements with 71 state and local borrowers for lying to investors about their compliance with disclosure requirements when they sold bonds in the $3.7 trillion municipal market.
US SEC charges 71 municipal bond issuers for misleading investors  Reuters
SEC accuses Fulton County of keeping bond investors in the dark  Atlanta Journal Constitution
States Start to Approve Steep Increases in Health Premiums
WASHINGTON—The first handful of states have released approved 2017 rates for people who buy health insurance on their own and the results so far are consistent with what many expected: There are significant increases in premiums for next year.
Illinois submits Obamacare insurance premium increases to feds  Chicago Tribune
If rates rise, Obamacare plans still affordable for those receiving tax ...  Omaha World-Herald
Viacom May Tighten Reins on Paramount
LOS ANGELES—Paramount Pictures Chief Executive Brad Grey is facing the pitch meeting of his life. As head of one of Hollywood's oldest and most iconic movie studios, Mr. Grey has overseen many duds of late, most recently a remake of “Ben-Hur” that ...
New Viacom board already discussing potential Paramount sale  New York Post
Viacom Said to Rethink Resistance to $12 Billion Debt Downgrade  Bloomberg
DIY disaster sends Australia's Woolworths to record loss
Woolworths, Australia's biggest supermarket chain, has reported a record annual loss of A$1.2bn (�690m), following its decision to quit the DIY market.
Woolworths Climbs to 10-Month High on Masters Exit, Sales Gain  Bloomberg
Australia's Woolworths posts first loss, bounces on hardware exit  Reuters
Federal judge puts Starbucks lawsuit on ice in California
FILE - This Feb. 11, 2008 file photo shows a Starbucks iced drink at a store in Seattle. A federal judge has thrown out a lawsuit that claimed Starbucks was defrauding customers by adding too much ice to its cold beverages.
Starbucks iced coffee lawsuit dismissed with chiding from judge  Richmond.com
No, You Can't Sue Starbucks For Putting Too Much Ice In Your Drink ...  LAist