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U.S. markets news

Amazon Posts Another Blockbuster Profit
Amazon.com Inc. AMZN 2.16 % on Thursday reported in its third consecutive record profit, nearly doubling its prior high-water mark, and its fifth straight quarter in the black.
Amazon's profit, revenue beat expectations  The Seattle Times
5 Takeaways From Amazon Most Profitable Quarter Yet  Fortune
New York Times  
Google Profits Surge on Strong Ad Demand
Google parent Alphabet Inc. GOOGL 0.51 % said quarterly profit soared 24%, the second internet giant in two days to report blockbuster earnings driven by consumers' rapid shift to mobile devices.
Google's Cloud Investments are Finally Starting to Pay Off  WIRED
Google Silences Doubters With Blockbuster Quarter  New York Times
CBS Tops Estimates as 'Star Trek' Deals Counter Dip in Ads
CBS Corp., owner of the most-watched U.S. TV network, posted second-quarter results that beat analysts' estimates as licensing deals for “Star Trek” boosted revenue and countered a drop in ad sales.
CBS Credits Retransmission Payments As It Beats Q2 Expectations  Deadline
CBS' Q2 earnings rise on higher licensing, distribution revenues  USA TODAY
In a boost for Uber, China legalizes ride-hailing services
Lifting a cloud of regulatory uncertainty hanging over the future of Uber and its competitors in China, the government on Thursday legalized app-based ride-hailing services, but announced new licensing requirements and other rules.
Uber and Didi are now legal in China but the struggle to sign up drivers may ...  Recode
China Legalizes Ridesharing, Opening The Door For Uber, Didi  Forbes
Yen Jumps After BOJ Decision as Japan Stocks Swing; Gold Climbs
The yen climbed with gold and government bonds as investors adopted a cautious stance before the Bank of Japan's much-anticipated policy review.
Asian Markets Cautious Ahead of BOJ Policy Decision  Wall Street Journal
Bank Of Japan Tonight Is A Huge Event For All Stock Markets  Forbes
Oracle and NetSuite: Longtime 'sweethearts' united at last
Oracle's $9.3 billion purchase of NetSuite may be the most anticipated acquisition in the history of enterprise software. "It's like the high school sweethearts you always knew would get married but they had to get through four years of college first ...
Oracle Corp. acquiring NetSuite for $9.3b  The Boston Globe
Oracle builds its cloud fortress with $9.3B NetSuite deal  USA TODAY
EDF Approves $24 Billion U.K. Nuclear Power Plant Project
Electricite de France SA's board approved an 18-billion pound ($24 billion) project to build Britain's first nuclear power plant in more than 20 years, shrugging off concerns that construction will financially strain the state-run utility.
Hinkley Point: New hitch for UK nuclear plant deal  BBC News
EDF board narrowly approves Hinkley Point nuclear project  Reuters
Regulators Draw Up New Rules To Stop Abusive Practices By Debt Collectors
The Consumer Financial Protection Bureau is drawing up new rules that would curb abusive debt collection practices, which it says generated some 85,000 consumer complaints last year alone.
Debt collectors' abuses prompt consumer agency to propose new rules  The Seattle Times
Proposed rules would overhaul debt collection  Tribune-Review
Atlantic City Accepts Terms for State Loan
Atlantic City is set to receive a $74 million bridge loan from the state after the City Council voted Thursday to accept the state's terms for repayment.
Atlantic City ends spat with Christie, will receive loan  NJ.com
The Latest: Atlantic City OKs state loan to avoid default  Washington Post
How the media will rise in the face of the digital revolution
The media is passing through an awkward digital adolescence. With falling revenues and smaller newsrooms, the industry is being squeezed into an unfamiliar online space against its will.
New York Times Co. Reports a Loss, and a Fall in Digital Ad Revenue  New York Times
New York Times Digital Ad Revenue Falls, but CEO Predicts Third-Quarter Rebound  AdAge.com