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U.S. markets news

Stocks fall as Fed rate debate continues
Friday 21:00 BST. Mixed signals on the US economy left global stocks on the back foot at the end of a week dominated by mounting speculation that the Federal Reserve might raise interest rates sooner than expected.
S&P 500 Caps Worst Week Since 2012 as Crises Offset Data  MSN Money
Scoreboard: Argentina anxiety  Business Spectator
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Buffett's $2 billion bounce
His company, Berkshire Hathaway (BRKA), said Friday that its profit grew by nearly $2 billion in the second quarter. The company, a broad-based investment conglomerate that includes diverse names like Geico Auto Insurance, Burlington Northern Santa Fe ...
Berkshire Hathaway 2Q profit jumps 41 percent  Washington Post
Berkshire Hathaway profit, revenue rise  MarketWatch
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Road Trip! Gas prices heading lower
Road trip! Less than a month after consumers forked out the highest prices for gasoline for a July 4 weekend since 2008, they'll fill up today at the lowest average Aug. 1 price since 2010 and should pay even less this fall.
Lowest August gas prices in four years  WKMG Orlando
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Procter & Gamble to Shed More Than Half Its Brands
P&G will focus on 70 to 80 consumer brands, including Tide detergent and Pampers diapers, that collectively generate around 90% of the company's sales and 95% of its profits.
P&G will axe '90 to 100 brands' from product lineup  Christian Science Monitor
P&G to shed more than half its brands  USA TODAY
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Steps North Texas city has taken to save water
LUBBOCK, Texas - Wichita Falls in North Texas near the border with Oklahoma is dealing with a persistent drought that's in its fourth year.
Parched Texas city hopes to cut lake evaporation  Grand Island Independent
Parched Texas City Tries To Slow Evaporation Of Water From Lake  KWTX
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UPDATE 3-Allergan sues Valeant, Ackman for alleged insider trading
(Adds lawsuit details, possible impact on Ackman). By Svea Herbst-Bayliss and Caroline Humer. Aug 1 (Reuters) - Botox maker Allergan Inc on Friday accused rival Valeant Pharmaceuticals International and billionaire investor William Ackman of violating ...
Allergan Questions Ties Between Valeant, Pershing  Wall Street Journal
Allergan sues Valeant, claims fraud in buy attempt  USA TODAY
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US economy stronger, Congress could do more: Barack Obama
WASHINGTON: President Barack Obama says the economy is getting stronger. The president cites new data showing that employers added 209,000 jobs last month, the sixth straight month of job growth above 200,000.
Obama: Economy stronger, Congress could do more  Glens Falls Post-Star
President Obama Slams Congress As He Welcomes Economy's Gains  NPR (blog)
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RPT-UPDATE 1-Moody's raises Greek rating to Caa1, citing improved fiscal ...
(Repeating to additional subscribers). * Moody's upgrades Greece by two notches. * Cites improved economic outlook, fiscal position.
Greece's Credit Rating Raised by Moody's on Fiscal Outlook  Businessweek
Moody's Upgrades Greek Government Bond Rating  Wall Street Journal
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Best part of jobs report: rise in unemployment rate
WASHINGTON (MarketWatch) - The best part of the mildly disappointing July jobs report was the rise in the unemployment rate to 6.2%.
Payrolls Growing as More Americans Search for Work: Economy  Bloomberg
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GoPro Reports Wider Loss in First Report After IPO
GoPro Inc. (GPRO:US), in its first earnings release as a public company, reported a wider quarterly loss, helping to send shares down 15 percent.
GoPro (GPRO) Announces Quarterly Results  WKRB News
GoPro Hero 4 rumors: Release date in 2015, market shares fall  Ecumenical News
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