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U.S. markets news

The S&P 500 Suffers Worst Week in 2 Years
Markets ended the day lower across U.S. indexes�and sectors�Friday�but avoided the kind of steep selloff we saw Thursday. The S&P 500 saw its steepest weekly drop in two years.
Round Numbers Slow Down S&P 500 to Shaoul as Barish Sees 5% Drop  Businessweek
US stocks fall on data, geopolitical concerns; Dow falls 0.42%  Jerusalem Post
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Plans to lay off 1100 West Virginia coal mine workers continue industry's ...
CHARLESTON, W.Va. - The announcement by a major U.S. coal company that it plans to lay off 1,100 coal mine workers has set off a chain reaction of finger pointing in West Virginia.
Alpha says reducing coal stockpiles could prevent layoffs  Beckley Register-Herald
Coal struggle endures with W.Va. mine layoff plans  The Inter-Mountain
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Argentina blames US mediator for debt default
Argentina has blamed the US for its debt default, calling the mediator in failed talks "incompetent". Cabinet Chief Jorge Capitanich said his country was considering opening proceedings at international tribunals in The Hague after it was declared to be in ...
US judge orders new talks on Argentina debt dispute  Bangkok Post
The Justice of Argentina's Default  New York Times
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Procter & Gamble to drop up to 100 brands
Procter & Gamble said that reducing its brands would allow it to concentrate on mainstays like Tide detergent. By Rachel Abrams, NEW YORK TIMES.
Procter & Gamble will shed brands  SFGate
Procter & Gamble to Streamline Offerings, Dropping Up to 100 Brands  New York Times
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US jobs growth stays on a roll; recovery starts to catch on in NJ
With the creation of 209,000 jobs in July, the nation posted a six-month streak of 200,000-plus new jobs a month - the longest such run since 1997 and a sign that the economic recovery is on solid ground, analysts said.
Economy adds 209000 jobs in July; unemployment rate edges up to 6.2 percent  Washington Post (blog)
Job growth in July is a sign of progress  Philly.com
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Scientific Games to buy Bally in $3.3 billion slot-machine deal
JOHN FITZHUGH/SUN HERALD/FILEGabby Beard of Biloxi wipes down part of the Bally Technologies display at a previous Southern Gaming Summit and BingoWorld convention at the Coast Convention Center in Biloxi.
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Bally ...  MarketWatch
Bally move makes it one of two industry 'behemoths,' analyst says  VEGAS INC
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Auto Sales Head for Best Since '06 on Confidence, Jobs
Sales of cars and trucks stayed on a roll in July toward the best year since 2006 as automakers benefit from stronger U.S. consumer confidence, payroll gains, low-interest rates and pent-up demand for new vehicles.
US auto sales sizzle in July, helped by discounts  Dayton Daily News
U.S Auto Sales Climb 9% to 1.4M Vehicles  Nitrobahn
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Buffett sees $2 billion increase in profits
His company, Berkshire Hathaway, said Friday that its profit grew by nearly $2 billion in the second quarter. The company, a broad-based investment conglomerate that includes diverse names like Geico Auto Insurance, Burlington Northern Santa Fe Railway, ...
Business Briefs: Buffet boosts quarter profits  Chattanooga Times Free Press
Earnings: Berkshire Hathaway  Richmond Times-Dispatch
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Fiat to leave Italy as Chrysler merger deal is signed
Sarah Stack. Published 02/08/2014|00:00. 0 Comments; Share. Sergio Marchionne. Italy's largest manufacturer Fiat is leaving home after 115 years.
UPDATE 2-Fiat investors approve Chrysler merger  Reuters
With vote for Chrysler merger, Fiat looks abroad  Chron.com
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Growth in output slows as rate rise looms
UK manufacturing sector growth slowed unexpectedly in July to its weakest pace in a year, a survey has shown, with heightened domestic economic uncertainty and worries over the impact of the conflict in Ukraine cited as possible factors.
China manufacturing gathers pace  Gulf Daily News
Irish manufacturing clocks up 14 straight months of growth  Irish Independent
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