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U.S. markets news

Jobless Claims in U.S. Climbed Last Week From a Three-Month Low
The number of Americans who filed for unemployment benefits last week rose from a three-month low, consistent with the Federal Reserve's view of a stronger job market.
US jobless claims rise; labor market still strong  Reuters
US Jobless Claims Rose, but Still Point to Expanding Labor Market  Wall Street Journal
U.S. News & World Report  
Why NetSuite Is Coming Home To Oracle In $9.3 Billion Acquisition
It's a homecoming of sorts for NetSuite, but one the company had fended off for years. When Oracle announced on Thursday morning that plans to acquire NetSuite for $9.3 billion, the deal reunited NetSuite CEO Zach Nelson with his old boss and early ...
Oracle Buys NetSuite in Deal Valued at About $9.3 Billion  Bloomberg
Oracle Buys NetSuite  PR Newswire (press release)
China issues guidelines to legalize ride-hailing apps like Uber and Didi Chuxing
China took a big step forward today after it announced national guidelines to make ride-hailing services like Uber and Didi Chuxing legal in the country from November.
Uber is officially legal in China  Business Insider
China Finally Legalizes Uber and Didi  Fortune
Mortgage rates are up again but remain below norms
Mortgage rates moved higher for the third week in a row as financial markets awaited the outcome of the Federal Reserve's meeting this week.
Mortgage rates for Thursday, July 28
Average US 30-year mortgage rate edges up to 3.48 percent  U.S. News & World Report
Wall Street lower after Fed leaves rates unchanged
Wall Street fell on Thursday morning on mixed earnings and weak economic data, a day after the Federal Reserve decided to keep interest rates unchanged.
U.S. Stocks Pare Fifth Monthly Gain Amid Earnings, Fed Decision  Bloomberg
Stocks open little-changed after poor earnings, mixed data  MarketWatch
Bristol-Myers beats the Street in Q2, but without much help from Opdivo
Bristol-Myers Squibb didn't come up with the monster beats it posted last quarter, but it came through in Q2 on both the sales and earnings fronts and raised guidance once again.
Bristol-Myers Squibb Reports Second Quarter Financial Results  Business Wire (press release)
Bristol-Myers (BMY) Stock Slides Despite Q2 Earnings, Revenue Beat
Alere: Why The Recent Criminal Fraud Probe Can Doom The Company
Reports surfaced on Thursday that Alere (NYSE:ALR) is facing a criminal probe over its Medicare and Medicaid billing. According to the Wall Street Journal: The Justice Department's criminal-fraud section sent Alere a subpoena last month seeking ...
Alere (ALR) Affirms Receipt of DOJ Subpoena; Issues Commentary
Alere faces criminal probe over Medicare, Medicaid Billing: WSJ  Business Insider
New York Times reports another loss as ad sales decline
The New York Times Co (NYT.N) reported its second quarterly loss in a row as print and digital advertising sales declined. Print ad revenue fell 14.1 percent, the eighth straight quarterly decline.
New York Times Co. Reports a Loss, and a Fall in Digital Ad Revenue  New York Times
New York Times swings to Q2 loss on lower print ad sales  USA TODAY
Fiat Chrysler ending car production in US
The company may be called Fiat Chrysler Automobiles, but by early next year, it won't be making automobiles in the U.S.. Instead, Fiat Chrysler's U.S.
Fiat Chrysler ups 2016 guidance on Q2 earnings  The Detroit News
FCA reports $352M second-quarter profit with Wall Street watching  Detroit Free Press
Ford's Profit Declines 9% on Lower China Sales
Ford Motor Co. F -0.14 % 's net profit fell 9% in the second quarter and the car maker tempered its outlook amid a modest decline in the core North American performance and weaker China sales, representing a caution flag for the U.S.
Ford's second-quarter earnings fell 9% to $2 billion  Detroit Free Press
Ford Profit Miss Imperils 2016 Target as U.S. Demand Stalls  Bloomberg