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U.S. markets news

Asia stocks bounce, bonds benefit from the unknown
SYDNEY Asian share markets joined a global rebound on Wednesday as the immediate drag from the Brexit vote began to ebb and investors wagered central banks would ultimately ride to the rescue with more stimulus measures.
Asia Shares Rally as Brexit Worries Abate  Wall Street Journal
Hong Kong's Richest Man Isn't Worried About the Survival of His $80 ...  Bloomberg
Yahoo News  
Airbnb sues San Francisco over law it helped fashion
The company is fighting a decision by the San Francisco Board of Supervisors to fine Airbnb $1,000 a day for every unregistered host who used the service.
Airbnb looking to up valuation to $30B  New York Post
Airbnb Sues Its Hometown, San Francisco  Courthouse News Service
Economy|First-Quarter GDP Revised Up to 1.1%, but Still Shows Slowdown
Shoppers in Queens, N.Y. Retail sales and home sales rose in April and May, two hopeful signs for the economy. Credit Mark Kauzlarich/Bloomberg.
US first-quarter GDP revised up, Brexit risk to outlook  Reuters
US GDP Growth in First Quarter Revised Up to 1.1% Rate  Wall Street Journal
US home prices climb in April; 7 cities set new records
This Tuesday, May 24, 2016, photo shows a home for sale in Andover, Mass. On Tuesday, June 28, 2016, the Standard & Poor's/Case-Shiller 20-city home price index for April is released.
Cleveland house-price growth holds steady, Case-Shiller report shows ...  cleveland.com
Home Prices Setting New Highs In More Cities, Says S&P/Case-Shiller  Forbes
Kellogg's to open all-day cereal cafe in Times Square
The hippest new Times Square restaurant believes breakfast cereal is the most important meal of the day - and will cater to a clientele eager for food and childhood flashbacks of Tony the Tiger and Toucan Sam.
Kellogg's is opening a cereal cafe in NYC  CNNMoney
Kellogg's to Open Cereal Bar in New York  KTIC
Ikea Recalls 29 Million Chests and Dressers After 6 Children Die
At a news conference,Consumer Product Safety Commission officials demonstrated the tip-over threat of a chest of drawers popular at Ikea.
Saying goodbye to the woman who changed sports forever  USA TODAY
IKEA Recalls 29 Million Dressers And Chests After 6 Toddler Deaths  Forbes
Xencor (XNCR) Offers Update on Lead Product Candidates, Novartis (NVS ...
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here. Xencor, Inc. (Nasdaq: XNCR) highlighted its lead product candidates and reviewed its recent collaboration with Novartis (NYSE: NVS ...
Xencor Announces Strategic Collaboration for Bispecific Programs, including ...  PR Newswire (press release)
Novartis goes bispecific with Xencor in up to $2.6B immuno-oncology deal  FierceBiotech
Pinterest Will Let You Snap Photos To Find Real-Life Products Online
Pinterest will soon let users snap smartphone photos to shop for items online. Pinterest announced its new “camera search” tool and a suite of new shopping tools at Pinterest's San Francisco, Calif.
Snap And Shop: Pinterest Brings New Buyable Pins, Shopping Bag And Enhanced ...  Tech Times
Pinterest is soon launching a way to search for products with your ...  TechCrunch
Nike Misses Q4 Sales Estimates, Global Futures Up 11 Percent
Nike Inc.'s shares are slipping in after-market trading - down nearly 7 percent as of 4:38 p.m. ET - after the company reported fourth-quarter sales that missed market watchers' estimates and global futures growth on the lower end of predictions.
Nike (NKE) Stock Plunges on Disappointing Q4 Earnings  Nasdaq
Nike's Revenue Falls Short Despite Strength Abroad  Forbes
Vodafone Evaluating UK Headquarters Move After Brexit Vote
LONDON— Vodafone Group VOD 4.77 % PLC, the world's second-largest mobile carrier by subscribers, said Tuesday that it was considering moving its headquarters out of Britain, making it one of the most notable corporations to consider leaving the U.K.
Vodafone Considers Relocation After Brexit - Of No Great Matter  Forbes
Vodafone (VOD) Stock Gains, May Relocate Headquarters After Brexit Vote  TheStreet.com