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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.
A Threat to Status of Pound  Wall Street Journal
Asian Stocks Advance Amid Global Rebound on Stimulus Speculation  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 Sues Its Hometown, San Francisco  Courthouse News Service
Airbnb Sues San Francisco To Avoid Fines For Unregistered Hosts  Forbes
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
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
Why Xencor Inc's Shares Are Skyrocketing Today
What: Shares of Xencor (NASDAQ:XNCR), a clinical-stage biopharmaceutical focused primarily on autoimmune diseases and cancer, are up more than 35% as of 3:20 p.m.
Xencor Announces Strategic Collaboration for Bispecific Programs, including ...  PR Newswire (press release)
Xencor (XNCR) Offers Update on Lead Product Candidates, Novartis (NVS ...  StreetInsider.com
US consumer confidence rises to highest level since October
WASHINGTON - U.S. consumer confidence rose this month to the highest level since October. The Conference Board reported Tuesday that its consumer confidence index rose to 98 in June from 92.4 in May, snapping a two-month losing streak.
Consumer confidence pops to its highest since October  CNBC (subscription)
US consumer confidence brightens in June  Yahoo News
Wall Street bounces back after two-day Brexit rout
Wall Street bounced back on Tuesday, recouping some recent losses, as investors sought cheap assets after a two-day equities rout sparked by Britain's decision to leave the European Union.
US stocks bounce back from Brexit selloff  MarketWatch
Brexit Hits S&P 500 Pain Threshold Though Wounds Seen Survivable  Bloomberg
Honeywell Names Adamczyk to Succeed Cote as CEO in March
Honeywell International Inc. said David Cote will step down as chief executive officer at the end of March, paving the way for Chief Operating Officer Darius Adamczyk to succeed him.
Darius Adamczyk to succeed Dave Cote as Honeywell's CEO  MarketWatch
Christina Tosi and Anthony Rudolf Team Up With Kellogg's For Permanent Times ...
The weirdest and most unexpected opening of summer 2016 might very well be Kellogg's NYC. It's an all-day Times Square cereal bar with dishes created by consulting chef Christina Tosi, and a wall of automat-style cabinets where the food is dispensed ...
All-Day Cereal Bar to Open in Times Square  NBC New York
Kellogg's opening cafe in Times Square  WWMT-TV