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U.S. markets news

Troubled Theranos hits another wall as Zika test withdrawn
It was supposed to be the beginning of a new era when Elizabeth Holmes, the chief executive of the beleaguered blood-testing company Theranos took the stage at a major scientific conference earlier this month and presented a new technology and data on ...
Theranos withdraws its comeback test for Zika just a month after announcing it  Business Insider
Theranos reboot stalls as new test fails FDA standards—which were low  Ars Technica
Wall Street Journal  
Ryan Lochte Lands an Endorsement Deal With a Product "That Can Get You Out of ...
The Olympic swimmer and recently announced Dancing With the Stars competitor has teamed up with Robocopp, a company that makes personal security devices.
Idiocracy: Ryan Lochte Endorses a Loud Noise Maker  Fox News
Ryan Lochte Is Endorsing a Crime Prevention Device  Fortune
ADP Reports 177000 Increase in August Payrolls
Private U.S. employers continued to hire at a solid clip in August, the latest sign that the nation's labor market remains robust even if job creation is moderating.
ADP: Businesses added solid 177000 jobs in August  USA TODAY
Job growth meets expectations, but it's all in services: ADP  CNBC
Apple's $14.5 Billion Tax Bill Could Test US-EU Relations
The U.S. is furious at the EU for handing Apple aapl a $14.5 billion tax demand on Tuesday, but EU officials say it was Washington which put them on to the scheme in the first place.
Apple tax receipts could help cut Ireland's debt pile: S&P's Kraemer  Reuters
U.S. Files Antitrust Suit Against Deere and Monsanto  Bloomberg
Africa's biggest economy officially enters recession
Nigeria released data on Wednesday showing its gross domestic product declined by 2.06 percent in the second quarter of the year. The oil- and import-dependent economy also declined by 0.36 percent in the first quarter.
Blame oil: Nigeria slumps into recession, Norway stalls  Local 10
Nigeria's oil-based economy stumbles  UPI.com
BREAKING: Oil extends losses as US crude stocks rise by 2.3M barrels, more ...
Crude oil prices slid on Wednesday, pressured by a strong U.S. dollar and high stocks of physical oil, though prices remained on track for a monthly gain of 10 percent.
Oil Prices Fall on Increase in US Crude Supply  Wall Street Journal
Oil down 2 pct on large US crude, distillates build  Reuters
More Cybertheft Disclosures Coming Out Of SWIFT
More troubling revelations out of global financial messaging system SWIFT today, as disclosures are surfacing that yet more hack attacks have been discovered.
Banks urged to tighten security as hacks continue  CNNMoney
Banks facing persistent and sophisticated cyberattacks, warns SWIFT  ZDNet
U.S. Stocks Inch Lower Despite Solid Jobs Data
U.S. stocks didn't respond as expected after a survey showed private companies continued to add jobs as a solid clip. Aug. 31, 2016, at 10:24 a.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. U.S. Stocks Inch Lower Despite Solid Jobs Data. MORE.
Wall St. Edges Down in Listless Trading  New York Times
Markets Right Now: Stocks edge lower in early trading  Washington Post
Chicago's Tribune Tower and adjacent development site fetch $240M in sale
While reports that Tribune Media was "close" to signing a deal sell its namesake 1925 neo-gothic tower to LA-based developer CIM Group emerged in June, the two parties have finally put pen to paper, settling on sale price $240 million.
Form 8-K TRIBUNE MEDIA CO For: Aug 26  StreetInsider.com
Tribune Media inks deal to sell Tribune Tower to developer  Chicago Tribune
US Pending Home Sales Index Rose 1.3% in July
WASHINGTON—A measure of homes under contract for sale rose in July, a sign of steady demand amid low interest rates and rising employment.
Pending home sales inch up 1.3% in July but prices still high  CNBC
Pending Home Sales Tick Up in July  PR Newswire (press release)