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U.S. markets news

U.S. Treasury Steps Up Pressure on EU Over Apple Tax Dispute
The U.S. is stepping up its effort to convince the European Commission to refrain from hitting Apple Inc. and other companies with demands for possibly billions of euros in underpaid taxes.
Apple could be on the hook for $19 billion in taxes, and the Obama ...  Business Insider
US criticises EU tax probes ahead of Apple ruling  BBC News
Wall Street Journal  
HP Inc. tops Street 3Q forecasts but outlook clips stock
Shares in HP Inc. tumbled in extended trading Wednesday after the personal computer and printer maker beat expectations with its results for its fiscal third quarter but its outlook for the current quarter fell short of Wall Street estimates.
HP Inc beats estimates, weak printer demand weighs on forecast  Reuters
HP's Outlook Still Down Despite Improved PC Sales  Fortune
Raising the Inflation Target Would Be a Risky Challenge for the Federal Reserve
Could a central bank maintain public faith if it announces a goal, misses it for more than four years, then say it wants to change it?
The Federal Reserve Needs New Thinking  Wall Street Journal
Opinion: Fed turns up the volume; market tunes out the message  MarketWatch
Uber offers retirement plans to drivers as legal battle continues
The ride-hailing company announced today that drivers in several cities will be offered retirement plans through Betterment, an automated investment service.
Uber would rather give drivers lots of small benefits than make them real ...  Quartz
Uber partners with robo-adviser Betterment to offer IRAs to Seattle drivers  The Seattle Times
Federal judge puts Starbucks lawsuit on ice in California
FILE - This Feb. 11, 2008 file photo shows a Starbucks iced drink at a store in Seattle. A federal judge has thrown out a lawsuit that claimed Starbucks was defrauding customers by adding too much ice to its cold beverages.
Starbucks iced coffee lawsuit dismissed with chiding from judge
No, You Can't Sue Starbucks For Putting Too Much Ice In Your Drink ...  LAist
Ex-CEO Admits to Options Fraud After Decade on Lam in Africa
The former chief executive of Comverse Technology Inc. who hid in Africa for a decade pleaded guilty to backdating stock options and was jailed immediately by a U.S.
Ex-Comverse CEO pleads guilty to fraud, a decade after fleeing to Africa  Reuters
10 years later, indicted tech CEO pleads guilty to one count of securities fraud  CNBC
Wall Street stocks retreat, oil tumbles on oversupply concerns
A worker shelters from the rain as he passes the London Stock Exchange in the City of London at lunchtime October 1, 2008. REUTERS/Toby Melville/File Photo.
Wall St. declines as healthcare, materials lag
Wall St. edges higher on tech, housing boost  Reuters UK
Illinois submits Obamacare insurance premium increases to feds
The Illinois Department of Insurance said Wednesday it has submitted rate increases to the federal government that for some types of individual plans average 43 percent to 55 percent.
States Start to Approve Steep Increases in Health Premiums  Wall Street Journal
Obamacare premiums expected to spike; taxpayer subsidies to help consumers ...  Washington Times
Viacom May Tighten Reins on Paramount
LOS ANGELES—Paramount Pictures Chief Executive Brad Grey is facing the pitch meeting of his life. As head of one of Hollywood's oldest and most iconic movie studios, Mr. Grey has overseen many duds of late, most recently a remake of “Ben-Hur” that ...
New Viacom board already discussing potential Paramount sale  New York Post
Viacom Said to Rethink Resistance to $12 Billion Debt Downgrade  Bloomberg
Here's what to expect from Fed Chair Yellen's speech at Jackson Hole
The speech is being billed by Wall Street as must-see TV, but Federal Reserve chair Janet Yellen's address Friday may not offer many - or any-- surprises.
Morning News Call - India, August 25  Reuters
Central Bankers' Main Challenge: Staying Relevant  Wall Street Journal