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U.S. markets news

Oil Prices Soar Amid Lower US Output Estimates, OPEC Article
Oil prices soared Monday, marking their strongest three-day rally since Iraq's 1990 invasion of Kuwait, on doubts the global glut of crude would be as long-lasting as many investors and traders had earlier believed.
Oil Futures Rise 8% in 3rd Gain in a Row  New York Times
UPDATE 13-Oil jumps 8 pct, biggest 3-day surge since 1990  Reuters
Stocks drop on Fed concerns; US oil jumps 8.8 percent
NEW YORK World stock indexes fell on Monday as a Federal Reserve official's comments added to investor concerns the bank may start raising interest rates in September, while oil prices jumped more than 8 percent, extending their biggest price surge in ...
US Stocks Close Out Their Worst Month in 3 Years  New York Times
Wall Street stumbles on China, Fed  Herald Sun
Blue Bell Ice Cream Returns to Store Shelves in Select Cities
Four months after announcing one of the food industry's most sweeping recalls, ice-cream maker Blue Bell Creameries LP is embarking on one of the industry's most-ambitious recovery attempts.
Blue Bell Ice Cream Returns to Some Stores 4 Months After Listeria Outbreak  ABC News
Blue Bell is officially back on shelves  Fortune
Wall Street's worst month in three years ends on a sour note
Wall Street ended lower on Monday and wrapped up its worst month since 2012 after comments from a senior Federal Reserve official heightened fears among investors of a potential U.S.
Fischer Doesn't Sway December Camp as 48% See Sept. Fed Liftoff  Bloomberg
S&P 500 posts biggest monthly loss in more than 3 years  USA TODAY
China journalist Wang Xiaolu 'confesses' to market chaos
BEIJING: China's main state broadcaster on Monday paraded a financial journalist "confessing" to causing the stock market "great losses" as authorities seek to rein in a rout on the exchanges.
China pins market plunge on financial journalist, airs 'confession'  Hamilton Spectator
China Is Trying to Blame Its Stock Market Crash on Journalists and Businessmen  VICE News
David Einhorn's Greenlight Takes a Beating in August
August's wild ride for stocks worsened what already was hedge-fund mogul David Einhorn's most challenging year since the financial crisis.
Greenlight Capital Down 14% for Year; David Einhorn Surveys Investors  New York Times
Einhorn's Greenlight Falls 5.3% as August Rout Deepens Slide  Bloomberg
Labor Day travel uptick forecast, as cheaper gas offsets late holiday
"Living the California Dream," reads the T-shirt of Kyle Caroni, 21, of Irvine. Local travel for Labor Day weekend is expected to increase this year, according to the Automobile Club of Southern California, in part because gas prices are lower than ...
Labor Day weekend travel to rise with lower airfares and gas prices  Los Angeles Times
Gas Prices Plummet in Many States, Down 30� in One Week  TIME
Wal-Mart Cutting Back on Hours for Workers at Some Stores
NEW YORK - Wal-Mart says it is asking some stores to schedule workers for fewer hours, although it says the directive is only being given to stores that are assigning more hours than they were expected to.
Walmart Cuts Hours After Raising Wages  Daily Caller
Wal-Mart Cuts Workers' Hours at Some Stores  Wall Street Journal
Fully automated fast food restaurant opens in San Francisco
People walk by eatsa, a fully automated fast food restaurant in San Francisco, California. eatsa, an automated fast food restaurant that has no servers, wait staff and a virtual cashier that offers fresh quinoa bowls opened in San Francisco's Financial ...
Automated restaurant opens in San Francisco  Sky News Australia
iPads replace cashiers at SF's quinoa restaurant  CNNMoney
Fiat Chrysler aggressively pushes for a merger with GM
FCA CEO seems to have a tough time taking no for an answer. Despite GM CEO Mary Barra rejecting Fiat Chrysler CEO Sergio Marchionne's pleas for a merger multiple times, Marchionne continues to push aggressively for a deal, Automotive News reports.
Hostile Corporate Takeovers: Just a Kind of Hug  Wired
Can Fiat-Chrysler scare GM Into a Merger?  Chicago Tribune