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U.S. markets news

Rail officials seek better track inspections after W. Virginia oil train ...
Federal officials urged better track inspections Friday after tracing the cause of a fiery oil-train derailment in West Virginia in February to track that had split.
UPDATE 1-US says CSX missed rail defect blamed for oil train derailment  Reuters
Broken rail caused West Virginia train derailment, officials say (blog)
New Zealand Herald  
Are Oil Exports on the Horizon? House Set to Vote on Bill
An effort to shelve the 40-year-old ban on exporting oil from the U.S. is gaining steam as lawmakers in the House prepare to vote on the issue Friday.
5 Things to Know About the US Oil-Export Fight in Congress  Wall Street Journal (blog)
House poised to vote on lifting oil export ban  Washington Examiner
Wall St. little changed in choppy trading; financials weigh
Wall Street was little changed in choppy trading on Friday as investor optimism due to fading chances of an interest rate hike this year was offset by a fall in energy and financial stocks.
NY Fed chief: Rate hike likely this year but hinges on data  Washington Post
Fed's Dudley sounds skeptical about October interest-rate hike  MarketWatch
Petition to force US trade bank renewal vote in House advances
WASHINGTON Oct 9 A U.S. House of Representatives petition to revive the U.S. Export-Import Bank drew 218 signatures on Friday, enough to force a vote on the issue as early as Oct. 26.
GOP Lawmakers Advance Bipartisan Effort to Reauthorize Ex-Im Bank  Wall Street Journal
Ex-Im Bank Supporters Gain Enough Signatures to Force House Vote  Bloomberg
Wal-Mart Appoints New CFO, Top Merchant
Wal-Mart Stores Inc. WMT -0.36 % shuffled its management ranks on Friday, appointing a new chief financial officer and a top merchant as the world's largest retailer looks to revive weak sales growth.
Wal-Mart names executive with international wing as next CFO  Washington Post
Wal-Mart names chief merchandising officer for Walmart US  Reuters
CompaniesAnother investor backs SABMiller in AB InBev fight
Kulczyk Investments, the fourth largest shareholder in SABMiller says that while it believes a merger with Anheuser-Busch InBev would "have strategic merit", AB InBev's proposal does not reflect SABM's standalone growth potential.
SABMiller Investors Aberdeen, Kulczyk Support AB InBev Rejection  Bloomberg
SABMiller wins Aberdeen backing in 'megabrew' takeover battle  The Guardian
US stocks move higher, keeping the market on track for its best week this year
NEW YORK, N.Y. - U.S. stocks are moving modestly higher, keeping the market on track for its best week this year. Industrial companies were among the biggest gainers in midday trading Friday.
US stocks waver in midday trading; market is still on track for its best ...
US stocks move higher, on track for best week this year Colorado Springs and Pueblo News
Twitter Encourages Advertisers To Run Video Ads
Without the need for formal partnerships, Twitter is now inviting advertisers to automatically run video ads against various content.
Twitter to bring pre-roll advertising to tweeted videos  BBC News
Twitter Set To Bring Pre-Roll Advertising To Videos  Tech Times
Glencore Production Cuts Bolster Commodity Prices
The troubles of commodities giant Glencore GLNCY 8.84 % PLC are benefiting global markets as the company shuts down its supply of many actively traded commodities from zinc to copper, sparking rallies in these resources.
UPDATE 3-Glencore cuts 4 percent of world zinc output, price surges 10 percent  Reuters
Glencore Shares Storm Ahead on Zinc Cutback News  New York Times
Netflix Raises Its Streaming Price
The company is raising the cost of its most popular streaming plan to $9.99 a month, which allows customers to watch media on two screens at the same time.
What to look for in Netflix's earnings  MarketWatch
Netflix, Sports And The Big Net Neutrality Lie  Forbes