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U.S. markets news

Existing home sales tumble amid low inventory, higher prices
A scarcity of affordable homes on the market helped drag down existing homes sales in July as low inventory levels and higher prices put an end to a four-month climb.
Existing-Home Sales Lose Steam in July  PR Newswire (press release)
US existing home sales decline, prices still strong  Reuters
Oscar Voters Ponder Nate Parker and 'Birth of a Nation': "I Would Not Go to ...
The writer-director-star's resurfaced rape trial details spark industry uproar as the film's rivals pounce: "Personally, I find it really hard to separate the man from the film," says one Academy voter.
AFI cancels 'Birth of a Nation' screening, in a possible glimpse of ...  Los Angeles Times
Nate Parker Casts Another Ugly Glare On Bad Behaving Celebrities  Huffington Post
Why Tesla's New 315-Mile-Range Electric Car Is a Huge Achievement
Sure, it's 2.5 second 0-to-60 acceleration time is nuts. But what's more important about Tesla's newest car is its groundbreaking range.
Tesla claims to have world's fastest production car  Las Vegas Review-Journal
Tesla gets more ludicrous, now the world's quickest production car  Treehugger
World's longest airship crash-lands in England on test flight
A man watches the Airlander 10 hybrid airship makes its maiden flight at Cardington Airfield in Britain, August 17, 2016. REUTERS/Darren Staples.
Airlander 10: Longest aircraft damaged during flight  BBC News
World's largest aircraft damaged in crash landing  AsiaOne
Pfizer grabs AZ antibiotics in $1.5B deal. Pre-split prep or just another ...
It's been a busy week for Pfizer. Fresh off its $14 billion deal for Medivation, the drug giant is snapping up a portfolio of AstraZeneca antibiotics for up to $1.5 billion--a portfolio that just happens to include four products shared with Pfizer's ...
Pharma Giant Finally Spending Its Money On Drugs, Not Tax Dodges  Huffington Post
Pfizer to buy antibiotics from AstraZeneca for $725 million  Chicago Tribune
Some graduate students have the right to unionize, Labor Board says
The National Labor Relations Board ruled that grad students who work as teaching and research assistants are employees covered by federal labor laws.
Ruling: Grad students at private universities can unionize  U.S. News & World Report
Ruling Pushes Door to Grad-Student Unions 'Wide Open'  Chronicle of Higher Education (subscription)
Stocks Edge Lower as Mining and Materials Companies Slip
Stocks are edging lower in early trading on Wall Street, led by declines in mining and materials companies, giving back a modest increase from the day before.
Markets Right Now: US stocks edge lower at midday  Washington Post
Qantas Soars to Record Profit as Pain Pays Dividend
SYDNEY—A first dividend payment in seven years marks a big turnaround for Qantas Airways Ltd. QAN 1.47 % , which as recently as 2014 had been selling terminals, deferring plane orders and laying off staff to stem losses from a bruising battle for ...
Qantas Airways (QUBSF) CEO Alan Joyce Gives Insight Into Record Annual Profits
A Lesson for Qantas From Steve Jobs  Bloomberg
Exxon Mobil Corporation (NYSE:XOM) Hitting Converted Resistance
Our observations suggest that Exxon Mobil Corporation (NYSE:XOM) is testing a level of longer term converted resistance, which defines a former level of support that had broken.
Largest Oil Companies' Debts Hit Record High  Wall Street Journal
Sizing Up EPS Growth & Performance on Shares of Exxon Mobil Corporation ...  Post News
Few bids received in protested Gulf of Mexico drilling lease sale
The federal government says three companies are bidding on acreage in the Gulf of Mexico off Texas - and they've made a total of 24 bids on 24 tracts out of more than 4,000 offered.
Day After Obama Tours Louisiana Flood Damage, Gov't Holds Massive Gulf ...  Democracy Now!
U.S. oil, gas lease sale to be broadcast on internet  Salt Lake Tribune