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U.S. markets news

Apple could be on the hook for $19 billion in taxes, and the Obama ...
The European Commission is expected to levy a judgment against Apple in the next few months that could total in the billions of euros.
Treasury to EU: Back off on tax probes  CNBC
US criticises EU tax probes ahead of Apple ruling  BBC News
Wall Street Journal  
Why Tesla's New Battery Pack Is Important
It'll be the longest range production electric car in the world. Tesla Motors announced a breakthrough on Tuesday that was the stuff of energy nerds: a new battery pack for its performance cars that packed more energy into it.
Teslas May Be Fast, But Delivery Is Slow
Tesla is going to have more big news soon  Business Insider
Pfizer on Buying Spree With AstraZeneca Antibiotics Deal
TRENTON, N.J. - Drugmaker Pfizer Inc. is continuing its shopping spree with its fourth acquisition since the April collapse of its planned $160 billion megadeal to buy rival Allergan PLC and move its headquarters, on paper, to Allergan's base in lower ...
Pfizer Strikes Deal With AstraZeneca for Rights to Antibiotics Businesses
Pfizer's $1.5 Billion Antibiotics Buy: Strategic Long-Term Planning Or ...  Benzinga
HP Inc.'s Shares Tumble 5% on Weak Forecast
The printer and computer maker continues to struggle as an independent company. (Reuters) - HP Inc. forecast fourth-quarter profit below analysts' estimates as the company, which was split off from the former Hewlett-Packard, struggles with weak demand ...
HP Reports Lower Earnings, Revenue  Wall Street Journal
HP reports better than expected $0.48 EPS and $11.9B revenue in Q3  TechCrunch
More US Retailers Probe Indian Supplier of 'Egyptian Cotton'
Wal-Mart Stores Inc., WMT 0.36 % Target Corp. TGT 0.96 % and other big U.S. retailers have become entangled in a controversy over whether one of India's biggest textile companies has been supplying their stores with phony “Egyptian cotton” sheets.
More US retailers probing phony Egyptian cotton  Reuters
J.C. Penney, Bed, Bath and Beyond and Walmart start investigating Indian ...  Quartz
Uber's Latest Perk for Drivers Is a Fancy Savings Management Service
Drivers in select cities will get to sign up for Betterment without fees for the first year. Uber doesn't recognize its drivers as employees, but it wants to help them save for retirement.
Uber is tackling one of the biggest challenges for workers in the gig economy  Washington Post
Betterment has gone from placards atop NYC cabs to fusion with Uber's ...  RIABiz
Wall St. falls as healthcare, materials stumble
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 23, 2016. REUTERS/Brendan McDermid.
US STOCKS SNAPSHOT-Wall St falls as healthcare, materials drop  Daily Mail
US existing home sales decline, prices still strong
A 'For Sale' sign is seen outside a home in Cardiff, California February 22, 2016. REUTERS/Mike Blake/File Photo. 1/2. left.
US Existing Home Sales Fall for First Time Since February  Wall Street Journal
Existing home sales slump in July
World's Largest Aircraft Damaged After Rough Landing
LONDON—The developer of the world's largest aircraft says the blimp-shaped airship sustained damage after it made a bumpy landing Wednesday on its second test flight in eastern England.
Massive Butt-Shaped Airship Makes Slowest Crash Landing Ever  Slate Magazine (blog)
World's Largest Aircraft Crashes, Gently, in 2nd Test Flight  New York Times
Ex-Comverse CEO pleads guilty to fraud, a decade after fleeing US
Hana Alexander (2nd L), wife of Jacob 'Kobi' Alexander departs with family members from Brooklyn federal court after a hearing in New York, U.S.
Ex-CEO Admits to Options Fraud After Decade on Lam in Africa  Bloomberg
10 years later, indicted tech CEO pleads guilty to one count of securities fraud  CNBC