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U.S. markets news

Asian shares fall for third day on global growth concerns
HONG KONG Asian shares fell for a third straight day on Wednesday as weak manufacturing reports from China, the United States and Europe fueled worries about slowing global growth, while the safe-haven Japanese yen firmed as investors unwound carry ...
China is the scariest threat to stocks since 2009. Here's why  CNN
MarketsChinese stocks in pre-parade march upwards  Financial Times
Bloomberg  
F-150 sales in August vindicate Ford's pickup overhaul
It has taken a year, but inventories of the F-150 are approaching normal levels and Ford was rewarded with a 5% sales increase in F-Series sales in August, which contributed to a 6% hike in overall sales.
Ford and Fiat-Chrysler post surprising sales gains in August  Boston Globe
Ford and Chrysler sales rise in August as GM falls; Construction spending ...  Pittsburgh Post-Gazette
McDonald's All-Day Breakfast Set to Start on Oct. 6
McDonald's franchisees have voted to begin offering all-day breakfast on Oct. 6, a widely expected move that the company and investors hope will help reverse slumping sales and traffic.
McDonald's to begin rolling out all-day breakfast nationwide Oct. 6  Los Angeles Times
McDonald's all-day breakfast coming October 6  CNNMoney
Judge grants class-action status to lawsuit by Uber drivers over employment ...
July 15: Uber driver Karim Amrani sits in his car parked near the San Francisco International Airport parking area in San Francisco.
Judge grants class-action status to case in California against Uber over ...  Montreal Gazette
Drivers' suit against Uber to move ahead  Boston Globe
MONEY MARKETS-US rates futures hit session highs after Aug ISM
NEW YORK, Sept 1 Some U.S. federal funds futures rose to session highs on Tuesday as a measure on U.S. manufacturing activity fell more than expected, implying traders raised their bets the Federal Reserve would raise rates even more slowly than they ...
American Factories Expand at Slowest Pace Since May 2013  Bloomberg
Oil Retreats Below $45 as U.S. Stockpiles Seen Exacerbating Glut
Oil dropped below $45 a barrel before U.S. government data forecast to show crude stockpiles expanded in the world's biggest oil consumer.
MarketsOil fever burns as WTI has 8% jump  Financial Times
Oil prices extend losses on US oil inventory, manufacturing data  Reuters
UPDATE 1-IMF's Lagarde warns of spillover risks from recent volatility
(Adds fresh quote, background). JAKARTA, Sept 2 (Reuters) - Recent volatility in global financial markets shows how rapidly risks can spill over from one economy to the next, the managing director of the International Monetary Fund (IMF) said in ...
Emerging economies must be vigilant over China slowdown: IMF  Financial Express
Bali to host World Bank, IMF annual meeting in 2018  Jakarta Post
Cumulative job cuts at ConocoPhillips to approach 15 percent
HOUSTON Stung by the worst downturn in oil in six years, crude producer ConocoPhillips said on Tuesday it will trim its current workforce by 10 percent in a second round of layoffs - only months after a first round of cuts reduced staff by 5 percent.
Oil tumbles; wild ride continues  Longview News-Journal
ConocoPhillips to cut 10% of workforce  Sky News Australia
Haggen Strikes Back With Billion Dollar Lawsuit
Haggen is suing Albertsons for $1 billion in damages for allegedly engaging in "systematic efforts to eliminate competition and Haggen as a viable competitor in over 130 local grocery markets in five states.
Albertsons faces $1 billion suit by Haggen over store sales  Chicago Tribune
Haggen sues Albertsons for $1 billion over grocery deal  Charlotte Observer
Australia Posts Slowest Quarterly Growth in Four Years
SYDNEY—Australia posted its slowest quarterly growth in four years in the second quarter, as fading investment in the mining sector and falling export revenue continued to put a brake on the economy.
Australia's growth unexpectedly slows in second quarter  BBC News
Australia's Economy Slows on Exports Slump as China Woes Bite  Bloomberg