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U.S. markets news

Shell plans to cut 6500 jobs as prolonged downturn looms
London: Royal Dutch Shell Plc said it's preparing for a “prolonged downturn” by cutting thousands of jobs and slashing billions of dollars in investments over the next two years.
Shell reports drop in Q2 profit to $3.9 billion  USA TODAY
Shell to cut 6500 jobs  Irish Examiner
BDlive  
Dollar Set for Biggest Monthly Gain Since March on Fed Optimism
The dollar was poised for its biggest monthly gain since January after the Federal Reserve took a step closer to raising interest rates this year.
Global Stocks Steady After Fed Statement  Wall Street Journal
Sterling bucks broad dollar strength with help from UK rate outlook  Economic Times
Deutsche Bank Legal Tab Passes $12 Billion With Bills to Follow
Deutsche Bank AG's bill for fines and legal settlements since the financial crisis has surpassed 11 billion euros ($12.1 billion) and the company said costs probably won't let up in coming quarters.
Deutsche Bank's Profit Triples as Investment Banking Rises  TheStreet.com
Deutsche Bank profits, legal expenses rise  Herald Sun
UPDATE 2-Spain's economy motors on at fastest pace since before financial crisis
... * GDP grows 1 pct in Q2, fastest quarterly rate since 2007. * Economy Minister sees 'light at the end of the tunnel'. * Growth backed by cheap money, low inflation, weak euro.
Spanish economy back to pre-crisis growth levels  The Guardian
Spain's economy grows at its fastest rate since beginning of 2007  Economic Times
RPT-With Grexit narrowly avoided, some banks say buy Greek bonds
(Repeats without changes from Wednesday). * Greece's two-year borrowing costs more than halved. * Some banks seeing an opportunity for their clients.
Greek PM battles to stop Syriza party split  CNBC
Greek PM Alexis Tsipras tries to rein in leftists in party battle  Economic Times
Whole Foods Market Announces First 365 by Whole Foods Market™ Store Leases
AUSTIN, Texas, Jul 30, 2015 (BUSINESS WIRE) -- Whole Foods Market WFM, -0.29% announced the first five leases for its streamlined, value-oriented 365 by Whole Foods Market brand, with store openings scheduled through 2017.
Whole Foods cuts outlook after 3Q sales, profit miss  Sentinel Republic
Morgan Stanley Downgrades Whole Foods Market to Equal-weight with Price ...  Analyst Rating Reports
Facebook advert revenue shows importance of video content
Facebook is far and away the world's biggest social network, and it just keeps getting bigger. The company has unveiled a healthy rise in the number of people using the site around the world as well as a big jump in quarterly revenues.
One in every five minutes on a mobile phone is spent on Facebook  Telegraph.co.uk
Facebook, Google tighten grip on mobile ads  BDlive
Tesla Motors Inc (TSLA) Wants You to Hawk the Model S in Your Emails
Tesla Motors Inc (NASDAQ:TSLA) might have devised a new means to bypass the troubles facing its direct sales system in some states.
Tesla (TSLA) Details New Referral Program  StreetInsider.com
Tesla Motors Inc Model S Owners To Get Free Model X, Purchase Discounts On ...  Business Finance News
Epic Systems gets passed over for government contract worth billions
Despite its limit of 25 to 50 new units per year, the city was recently deemed a "hot submarket" for apartments. Read more.
Nation briefs: Health records revamped  Pittsburgh Post-Gazette
Leidos wins huge DOD health records deal  Washington Technology
Growing Here and LG deal give Nokia a healthy-looking second quarter
Things are looking up for Nokia after the company beat analysts' expectations for its second quarter earnings. Nokia's share price rose eight percent on Thursday thanks to better than expected profits and strong software sales.
Nokia Shares Soar as Profit Beats Forecasts  Wall Street Journal
UPDATE 1-Alcatel-Lucent says Nokia deal on track after mixed Q2 results  Reuters