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U.S. markets news

Sharp Drop for the Market After a Mixed Jobs Report
U.S. stocks extended their steep losses Friday after a mixed U.S. jobs report left investors uncertain about the outlook for the Federal Reserve's interest rate policy.
US STOCKS-Wall St lower as mixed jobs report adds to uncertainty  Reuters
Global Stocks Drop After US Jobs Report  Wall Street Journal
USA TODAY  
BlackBerry will buy security company Good Tech for $425M
NEW YORK - BlackBerry said Friday that it will make another security-related acquisition, buying Good Technology for $425 million in cash.
BlackBerry to buy Good Technology for US$425 million; gets complementary ...  Montreal Gazette
BlackBerry buys Good Technology for $425 mn  Financial Express
Kraft cheese expands recall of American cheese singles by 10 times
Kraft has massively expanded its voluntary recall of some American cheese singles, due to new consumer complaints about the plastic film representing a potential choking hazard, the company announced Thursday.
Kraft expands recall of American cheese slices tenfold  NJ.com
Kraft Recalls Cheese Product Slices Due to Choking Hazard  Newsweek
UPDATE 1-US oil drillers cut rigs as crude prices collapse - Baker Hughes
(Adds analyst comment and rig counts by patch). By Jarrett Renshaw. Sept 4 (Reuters) - U.S. energy firms cut a surprisingly sharp 13 oil rigs this week, the first drop in seven weeks, as a renewed slump in prices this summer forced drillers to make a ...
US Oil Rig Count Falls to 662 in Latest Week  Wall Street Journal
MarketsSix-week rebound in the number of US oil rigs ends  Financial Times
Indian-origin 'flash crash' trader Navinder Sarao indicted in US
LONDON: A London-based Indian-origin futures trader accused of triggering the 2010 Wall Street " flash crash" and making over $40 million from rigging the stock market has been formally indicted by a US federal grand jury.
Flash Crash Trader Sarao Warned About Illegal Spoofing Activities ...  ValueWalk
US Federal Grand Jury Indicts 'Flash Crash' Trader  Bulletin Leader
Summer's Farewell Gift: Cheapest U.S. Gasoline Prices Since 2004
At an average of $2.44 a gallon, nationally, Americans are paying the cheapest price for gasoline over a Labor Day holiday weekend since 2004, according to separate forecasts from the U.S.
Cheaper gas prices will hand American drivers $1.4 billion over Labor Day  Fortune
Low gas prices contribute to large number of Ohioans expected to travel over ...  Fox Business
Parties clash over meaning of August jobs numbers for economic future
The main federal parties campaigning for the Oct. 19 vote had sharply contrasting takes on the job numbers released by Statistics Canada today, and what the government should do to get more people back to work.
Canada's employment uptick: Who benefits on the campaign trail?  CTV News
Canada added 12000 jobs in August, unemployment rate increases to 7.0 per cent  Toronto Sun
ONGC Videsh Buys 15% Stake in Rosneft Block
NEW DELHI—India's ONGC Videsh Ltd., the overseas investment arm of state-run Oil & Natural Gas Corp. EQONGC -1.57 % Ltd.
Russia courts Asian resource investors  Financial Times
ONGC Videsh to buy 15% in Rosneft arm; may pay $2 b  Hindu Business Line
Hey, Twitter, is Jack Dorsey going to be CEO or what?
Hey, Twitter - it's a slow news week before Labor Day, so everyone is looking to you. Twitter Inc. TWTR, -1.13% has been widely expected to name a new CEO as early as Friday, unless its search process - nearing the three-month mark - has gotten ...
And Twitter's New CEO Is . . .  Fox Business
Indian-origin Padmasree Warrior in race to head Twitter  Business Today
IMF staff warn G20 of increasing downside economic growth risks
WASHINGTON, Sept 2 Downside risks to the global economy have risen and a combination of threats including slower growth in China and rising market volatility could severely cut the outlook, International Monetary Fund staff warned on Wednesday.
Lagarde praises government, BI policies  Jakarta Post