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U.S. markets news

Volkswagen surpasses Toyota as world's largest automaker in first half of 2015
Volkswagen surpassed Toyota as the world's largest automaker in the first half of 2015, fulfilling a long-held goal, but the achievement came at a cost as U.S.
This Company Just Overtook Toyota to Become the World's Top Automaker  TIME
UPDATE 2-VW overtakes Toyota as world's biggest carmaker  Reuters
The Seattle Times  
Home price increases stay steady
Home prices increases may be leveling out, according to one closely-followed real estate report. In 20 major American cities, home prices this May were about 4.9% higher than May of last year, according to the S&P/Case-Shiller Home Price Index ...
US Home Prices Rose 4.9 Pct. In May, Lifted by Strong Sales  New York Times
Home Prices in 20 U.S. Cities Climbed at Slower Pace in May  Bloomberg
Consumer confidence drops sharply in July
Consumer confidence plunged in July as global turmoil rocked financial markets.. The Conference Board 's index of consumers' perceptions fell to 90.9 from June's 99.8, mostly because of a sharp deterioration in their short-term outlook.
US Consumer Confidence Falls Back Sharply in July  Wall Street Journal
US Consumer Confidence Falls to Lowest Level Since September  ABC News
Ford easily tops expectations on 2nd-qtr profit
DETROIT Ford Motor Co on Tuesday reported second-quarter earnings that handily beat expectations, based on the continued strength of North American sales, led by its popular F-150 pickup truck.
Ford Earnings Jumped in 2nd Quarter  New York Times
Ford Posts 44% Jump in Profit  Wall Street Journal
Stocks attempt bounce as Fed meeting begins
U.S. stocks traded mostly higher on Tuesday as investors found encouragement from some recovery in Chinese stocks and eyed mixed earnings as the Federal Reserve began its two-day meeting.
Wall Street rebounds on earnings  The Australian
Dow, S&P rise after five-day selloff; Fed meeting eyed  TODAYonline
Virgin Galactic crash blamed on human error
Human error was responsible for the catastrophic 2014 crash of an experimental Virgin Galactic rocket ship. Specifically, the "probable cause" of the crash was the "copilot's unlocking of SpaceShipTwo's feather locks," according to a report from the ...
Virgin Galactic's Fatal Rocket Crash Tied to Accidental Braking  Bloomberg
Cause of fatal 2014 SpaceShipTwo crash determined by NTSB  CNET
LaGuardia: No more 'third world' airport? Cuomo, Biden say it'll be rebuilt
LaGuardia Airport was born of controversy after Mayor Fiorello LaGuardia, miffed that his city did not have its own airport, refused to exit a plane that had landed at Newark Liberty International Airport in neighboring New Jersey.
Biden, having disparaged La Guardia as 'Third World,' says NY ...  MarketWatch
LaGuardia Airport Will Get a Sprawling $4B Redesign  Wired
SBA loans to resume after Congress raises lending limit
Small businesses will soon be able to get loans approved again by the federal government. Tommy Rodella · Imprisoned former sheriff asks court to protect bank funds.
As SBA Pulls Back, Will Banks Step In For SMBs?  PYMNTS.com
House Approves Expansion of SBA Loan Program  New York Times
UPS Tops Estimates on International Unit and New Pricing
United Parcel Service Inc. posted a second-quarter profit that beat analysts' estimates, buoyed by benefits from a new pricing system for package deliveries and operations outside the U.S.. Earnings excluding some items were $1.35 a share, UPS said ...
UPS quarterly profit up on business overseas  Salt Lake Tribune
UPS earnings top expectations on improved margins  CNBC
UPDATE 2-Pfizer's revenue, profit beat as vaccine sales rise
(Adds analyst comment, sales details, updates shares). July 28 (Reuters) - Pfizer Inc on Tuesday reported better-than-expected second-quarter profit and revenue, helped by strong demand for its pneumonia vaccine and new breast cancer drug, sending its ...
Pfizer (PFE) Stock Climbs on Strong Earnings  TheStreet.com
Pfizer's revenue, profit beat as vaccine sales rise  Channel News Asia