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U.S. markets news

US reports $71 billion surplus in June; projected to have smallest annual deficit ...
FILE - This March 27, 2009, file photo shows the Treasury Building in Washington. The Treasury Department releases federal budget data for June on Friday, July 11, 2014.
Budget Gap Shrinks to Narrowest Since 2008 So Far in Fiscal Year  Businessweek
US posts $70.5 billion June budget surplus  MarketWatch
Salt Lake Tribune   Related articles »  
Washington Headed For Gridlock On Federal Business Tax Incentives
Politics makes economics so complicated. The Obama administration said Thursday that it �strongly opposes� a measure pending in Congress that would permanently extend a corporate tax break on bonus depreciation.
House Votes to Make Business Tax Break Permanent  ABC News
Faster Tax Write-Offs for Equipment Purchases Pass House  Businessweek
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UPDATE 4-US cigarette maker Reynolds in talks to buy rival Lorillard
... * BAT expects to buy Reynolds shares to keep current stake. * Imperial lining up about $7 bln to buy some brands-source. * Reynolds, Lorillard marriage seen making $500 mln savings.
US cigarette maker Reynolds in talks to buy rival Lorillard  Reuters India
US tobacco firms Reynolds American Inc, Lorillard in merger talks  Economic Times
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US Stocks Waver
U.S. stock benchmarks hovered near unchanged levels Friday afternoon, with the S&P 500 on track for its biggest weekly loss since April.
US stocks edge down  The Australian
The truth about Dow 17000  MarketWatch
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3 takeaways from the Cynk stock blowup
Cynk Technology may have no revenue, profits or assets, but it's certainly made a name for itself this week. The mysterious social network captured the attention of the finance world (and eventually regulators) by soaring an incredible 25,000%.
Regulators halt trading in curious $4B stock  USA TODAY
Cynk � The Place Where Logic Goes To Sink  Bidness Etc
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Amazon Hits the Skies: Tech Winners & Losers
NEW YORK (TheStreet) �� Amazon.com (AMZN) shares spiked 5.0% to $344.21 after the company announced that it was beginning to test its drone delivery program.
Six Things You Should Know About Amazon's Drones  Forbes
Amazon Asks FAA for Permission to Fly Drones  ABC News
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Taco Bell's new Cantina Power Menu will be heavy on protein
"People are not looking for diet food," said Brian Niccol, in line to become Taco Bell's chief executive. "What they are looking for is food that gives them energy.
Taco Bell Hopes Protein-Packed Eats Reel In Dough YUM SBUX PNRA  Investor's Business Daily
Taco Bell Makes a Run for the Protein-Heavy Food Fad  Businessweek
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Espirito Santo Shows European Bank Regulators' Scrutiny Working
Customers use automated teller machines (ATM) outside a Banco Espirito Santo SA bank branch in Lisbon. Photographer: Mario Proenca/Bloomberg.
The tests posed by Espirito Santo  Financial Times
European shares steady as Portuguese rout pauses  Reuters
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$350 for a Kindle App?!
The FTC says Amazon let children run up hundreds of dollars in unauthorized charges for in-app purchases. Here's how to make sure your kid's screen time doesn't cost you a small fortune.
Do your children play app games on smart phones and tablets? Here's what ...  The Oregonian
FTC sues Amazon for millions of dollars worth in-app purchases by children  The Next Digit
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Ex-Calpers CEO Pleads Guilty to Fees Bribery Conspiracy
Federico Buenrostro, the former chief executive officer of California Public Employees’ Retirement System, pleaded guilty to conspiracy to commit bribery.
Ex-CalPERS CEO Buenrostro pleads guilty, admits to taking cash bribes of ...  Pensions & Investments
Former CalPERS chief pleads guilty to corruption charges  The San Luis Obispo Tribune
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