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U.S. markets news

Verizon to End Yahoo Survival Fight With $4.8 Billion Deal
On Monday, Yahoo! Inc.'s years-long fight to survive as a standalone company will draw to a close. Verizon Communications Inc. will announce plans to buy Yahoo's core assets for a bit more than $4.8 billion before the market opens, said two people with ...
News | Morning Agenda: Verizon Is to Buy Yahoo's Core Business  New York Times (blog)
Verizon buys Yahoo for $4.8 billion  TechCrunch
Recode  
LVMH to Sell Donna Karan to G-III in a $650 Million Deal
The DKNY show in February. The sale of the Donna Karan brand, which includes DKNY, will most likely be regarded as a rare admission of failure on the part of LVMH.
G-III to Acquire Donna Karan International from LVMH  Business Wire (press release)
LVMH to Sell Donna Karan to G-III Apparel for $650 Million  Bloomberg
Oil prices dip on ongoing oversupply, economic headwinds
SINGAPORE/TOKYO Oil prices held near two-month lows on Monday amid worries that a global crude and refined product glut would weigh on markets for some time to come.
Crude prices slip as market pessimism over supply persists  MarketWatch
NYMEX reverses early gains in Asia, Brent down on supply overhang  Nasdaq
German Business Sentiment Declines Slightly in July
FRANKFURT—German business sentiment declined in July, but less than expected, from a seven-month high in June, in a sign that Europe's largest economy has proved resilient in the aftermath of the U.K.
German Business Optimism Down Only a Bit After Brexit Vote  New York Times
European Stocks Advance in Broad Rally After Confidence Report  Bloomberg
Ericsson CEO steps down amid tightened competition
HELSINKI (AP) - Hans Vestberg has stepped down as CEO and president of telecoms company Ericsson as the company struggles to improve earnings amid tightening competition.
Ericsson ousts chief executive after months of criticism, shares soar  Reuters
Ericsson CEO Hans Vestberg Resigns After Weak Profit, Stock Rises  Nasdaq
How to get the biggest Social Security check you can
Social Security represents a significant amount of income for retirees. In fact, it represents a little more than one-third (35.3%) of total income for the average retiree.
Commentary: Income and savings advocates share common goal  Philly.com
Is the Social Security Trust Fund Running Out of Money?  Motley Fool
AAA Michigan: Statewide average gas prices fall 11 cents
DEARBORN, Mich. (AP) - AAA Michigan says gas prices statewide have fallen by about 11 cents per gallon in the past week. The Dearborn-based auto club says the average price for self-serve regular unleaded gasoline was about $2.24 per gallon on ...
Gas prices reach 12-year low in July  Beloit Daily News
Gas Prices Continue Downward Trend in Yorktown, Hudson Valley  Patch.com
Health Insurers Could Go on Buying Spree If Big Mergers Blocked
The potential bust-up of two mega deals among America's largest health insurance companies may have an unintended result - more mergers.
What's bad for health insurers may be good for consumers  CBS News
When Health Insurers Merge Consumers Often Lose  New York Times
The Market Has Chipotle Mispriced
Back on January 25, 2016 I penned an article where I suggested that there was no compelling reason to initiate new long positions in Chipotle (NYSE:CMG).
Good news for Starbucks, Chipotle workers  gulfnews.com
Q3 2016 EPS Estimates for Chipotle Mexican Grill Inc. Cut by Wedbush (CMG)  BBNS
Japan June exports fall less than expected, offer some hope of recovery
TOKYO Japan's exports fell less than expected in June in a tentative sign that overseas demand could be recovering from persistent weakness that set in last year.
Japan sees trade surplus in June as imports drop 19 percent  News & Observer
Japanese exports drop for 9th straight month  MarketWatch