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U.S. markets news

Mylan Reacts to EpiPen Backlash
Mylan MYL -0.70 % NV raced Thursday to counter a firestorm of criticism over its pricing of lifesaving EpiPens, saying it would help more patients cover their out-of-pocket costs.
'The system is broken' and EpiPens are just the tip of the iceberg  USA TODAY
Mylan to Offer Some Patients Aid on Cost of EpiPens  New York Times
Fox News  
Dollar wavers, poised for weekly gains ahead of Yellen speech
An employee of a money changer holds a stack of U.S. Dollar notes before giving it to a customer in Jakarta, October 8, 2015. REUTERS/Beawiharta.
There are risks for markets and Yellen at Jackson Hole  CNBC
Stocks Sag Ahead of Fed Summit  Wall Street Journal
Uber Loses at Least $1.2 Billion in First Half of 2016
The ride-hailing giant Uber Technologies Inc. is not a public company, but every three months, dozens of shareholders get on a conference call to hear the latest details on its business performance from its head of finance, Gautam Gupta.
Economists see ride-hailing industry as ripe for competition  Reuters
Uber reportedly lost $1.27 billion in just six months  The Verge
ANA Cancels Flights to Fix Rolls-Royce Engines on Boeing 787
TOKYO - Japanese airline All Nippon Airways has started grounding Boeing 787 "Dreamliner" flights after detecting problems with their Rolls-Royce engines.
Boeing 787 engine trouble prompts ANA to cancel some flights  The Seattle Times
Fast 5: How AAC Gains First 787 Limited Airframe Rating  Aviation Week
How Walmart Won Back Shoppers From Dollar General
The world's largest retailer hit its dollar store competitor, hard. Dollar General DG has been cutting prices by about 10% on hundreds of staples like milk and eggs as it looks to keep customers who are drifting back to Walmart.
Price wars heat up as dollar store echoes Wal-Mart's battle cry  CNBC
Dollar General takes the battle to Wal-Mart with price cuts  Business Insider
Target Said to Mull Welspun Contract Shift to Rival Trident
Target Corp. is considering shifting its bedsheets orders to Trident Ltd., a supplier among those that stand to win some of the $90 million in business that rival Welspun India Ltd.
Wal-Mart in 2008 Looked Into Authenticity of Cotton Sheets Supplied by ...  Wall Street Journal (blog)
BREAKINGVIEWS-India's Welspun is in a tangle of its own making  Reuters
Lotte Group Vice Chairman Found Dead Before Corruption Probe
SEOUL, South Korea - Lotte Group said Friday its vice chairman has been found dead as authorities widen a probe into corruption at South Korea's fifth-largest business group.
Lotte Group vice chairman found dead, suicide suspected  Yahoo Sports
Korea's Lotte Group says vice chairman dies amid criminal probe  Asia Times
World Bank President Jim Yong Kim Is Nominated for a Second Term
WASHINGTON - President Obama on Thursday nominated Jim Yong Kim for a second five-year term as president of the World Bank despite persistent complaints among employees about his leadership at a time when the mission of the global development ...
World Bank president is nominated for a second term  Houston Chronicle
Obama Administration Moves to Secure New Term for World Bank Chief Jim Yong Kim  Wall Street Journal
Overnight Markets: US stocks fall as healthcare, materials lag
Mylan shares were off 4.3% as political pressure mounted on the company in the wake of price increases for its EpiPen allergy treatment.
Morning Movers: Mylan Jumps on EpiPen 'Savings'; Guess? Soars  Barron's (blog)
Health Care Sector Pulls Stocks Lower  DTN The Progressive Farmer (registration) (blog)
Can new chief executive Thomas Dooley fix what's ailing Viacom?
For Thomas Dooley, securing the job as chief executive of Viacom Inc. might be the easy part. Fixing the struggling media company will take more work.
Sumner Redstone: Granddaughter Lacks Standing To Challenge Viacom Settlement  Deadline
Sumner Redstone is loving Viacom's interim CEO  New York Post