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U.S. markets news

European Stocks Rise With Asian Equities; Dollar Holds
European equity-index futures rose with Asian stocks as investors weighed whether policy makers will add stimulus amid manufacturing data from China to Germany.
Asia stocks rise on S&P high, China stimulus hopes  USA TODAY
Retreat in China's PMIs heightens calls for policy easing  Reuters
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German GDP Shrinking Signals Fading Euro-Area Powerhouse
Cracks are emerging in Germany's once rock-solid economy as companies' reluctance to invest bears out Mario Draghi's warning that the euro-area recovery is in danger.
Draghi approaches his Abenomics moment  Financial Times
Asian shares slightly stronger amid downbeat Chinese data  BDlive
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Alibaba Expected to Launch US IPO Next Week
An employee is seen behind a glass wall with the logo of Alibaba at the company's headquarters on the outskirts of Hangzhou, Zhejiang province.
Alibaba IPO comes with unusual structure  mySanAntonio.com
Alibaba may launch world's largest IPO next week  Asia First Financial Intelligence Limited
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China's 'bad banks' back in the spotlight
The prospect of the first ever default in China's rapidly expanding shadow banking sector sent shockwaves through financial markets this year.
China banks seek new lending horizons as bad debts rise  Reuters
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SNB's Jordan Pledges to Defend Cap as Global Risks Increase
Swiss National Bank President Thomas Jordan pledged to maintain the cap on the appreciating franc amid increasing global economic risks.
SNB Jordan Pledges to Defend Cap as International Risks Increase  Businessweek
TABLE-Swiss sight deposits edge higher in week ending August 29  Reuters
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German GDP Contraction Confirmed for Second Quarter
Germany's economy contracted in the second quarter after a robust start to the year, the Federal Statistics Office, or Destatis, confirmed Monday, putting pressure on policy makers to move ahead with measures to boost the economy.
Weak investment and trade drive Q2 contraction in German economy  Reuters
Weak investment, trade drive second quarter contraction in German economy  Reuters Canada
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CaixaBank to Buy Barclays's Spanish Businesses for $1.1 B
CaixaBank SA (CABK), Spain's third-biggest bank, agreed to buy banking operations in the country from Barclays Plc (BARC) for about 800 million euros ($1.1 billion) in cash to expand its business as economic growth picks up.
Barclays to Sell Retail and Corporate Bank Units to CaixaBank of Spain  New York Times
Britain's Barclays to sell Spanish assets  CNBC
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Nuclear waste catch-22
ATLANTA - The U.S. government is seeking trains to haul radioactive waste from nuclear power plants to disposal sites. But the trains have nowhere to go.
Feds want nuclear waste train, but nowhere to go  Rock Hill Herald
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California drought proving beneficial for well-drilling companies
California's vicious, prolonged drought may be hurting households, farms and factories and many other segments of the state economy, but it is proving beneficial to well-drilling outfits like Arthur & Orum.
Californian drought is far more alarming than it seems to be  iStreet Research
The California Drought Is More Complicated Then It Seems  PNC Voice
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Detroit Awaits Bankruptcy Deliberation
The Motor City has had some good times and some bad times. Home to a great mix of America's working class and some of the greatest musicians of a generation, Detroit has never been as low as it is today.
One Judge to Decide the Future of Detroit  New York Times
Detroit's Bankruptcy Trial Starts Tuesday  WILX-TV
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