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U.S. markets news

Meaning of 'clean coal' mentioned by Trump unclear
President Donald Trump invoked "clean coal" at Tuesday night's rally in Phoenix, repeating a phrase that's used often by coal industry supporters to put a positive spin on the heavily polluting fuel - but one that remains ambiguous in its definition.
Trump, tear gas, smoke bombs, riot police and an unlikely boost for business  Phoenix Business Journal
Cramer Remix: Amazon is finally facing a real rival
"Mad Money" host Jim Cramer's telling you why Amazon could finally be feeling the heat. Cramer also checks in with Align Technologies to see if it could falter after a competitor's move.
Google and Walmart Partner With Eye on Amazon  New York Times
Walmart and Google are plotting to change your shopping habits  Washington Post
Uber, Mired in Corporate Scandals, Sees Uptick in Bookings
In the second quarter, gross bookings for Uber, based in San Francisco, rose to $8.7 billion, up 17 percent from the previous quarter.
Uber reports second-quarter loss of $645 million; ride bookings grow  Business Insider
Uber Narrows Loss to $645 Million, Boosts Revenue Amid Turmoil  Bloomberg
FTC clears purchase of Whole Foods
The Federal Trade Commission on Wednesday gave the green light to's purchase of Whole Foods Market in a deal valued at $13.7 billion.
Amazon Deal for Whole Foods Wins Regulatory, Shareholder Approvals  New York Times
Amazon's Whole Foods Deal Wins Swift US Antitrust Approval  Bloomberg
Wall Street falls as Trump threatens government shutdown
NEW YORK (Reuters) - U.S. stocks closed lower on Wednesday as investors grappled with a threat from President Donald Trump to shut down the government if Congress fails to fund a Mexico border wall.
Dollar retreats as Trump sparks fresh worries about US policy  MarketWatch
Wall St declines on Trump's govt shutdown warning  Nasdaq
Ex-Google Engineer Hires Lawyer Shortlisted as Trump Nominee
The engineer who was fired by Google after he criticized the company's diversity policies for ignoring differences between the sexes has hired civil rights lawyer Harmeet Dhillon, who was widely reported months ago to be a contender for a top job in ...
Google memo writer hires Republican Party official as lawyer  Business Insider
Fired Google engineer James Damore hires prominent Republican lawyer  CNNMoney
US new home sales hit seven-month low as prices soar
WASHINGTON (Reuters) - New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months amid a surge in prices, raising concerns of a slowdown in the housing market recovery.
Here's why new home sales tanked  CNBC
New-home sales skid to 7-month low in July  MarketWatch
WOW Air, known for $99 Europe fares, adds four new US cities
Can St. Louis support a non-stop route to Iceland? How about Cleveland, Cincinnati and Detroit? Icelandic budget carrier WOW Air thinks so, and - with fares that begin at less than $100 one-way - it's betting those Midwest markets will be profitable ...
Wow Air, known for $99 international flights, adds service to St. Louis
6 things to know before flying WOW air  The Detroit News
WPP Will Barely Grow This Year -- Sorrell Points to Packaged-Goods as Culprits
Blaming spending cuts from major consumer packaged-goods marketers who provide 30% of its revenue, the world's largest holding company, WPP, slashed its full-year forecast today to miniscule growth of zero to 1%.
Breakingviews-WPP underestimates pinch from corporate austerity  Reuters
WPP's Cocktail of Woes Leaves Ad Men With Few Answers  Bloomberg
Exxon Mobil misled the public on climate change, Harvard study finds
Exxon Mobil acknowledged in research and internal communications that climate change is real and caused by human activity, but it sowed doubt in its ads, a Harvard study found.
Harvard researchers say Exxon misled public on climate science  Reuters
Inside an investigation into Exxon Mobil's climate change misinformation  The Verge