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U.S. markets news

U.S. stock markets close higher for 2nd day as global shares rebound
U.S. stock markets turned in a second day of strong gains Thursday, reversing many of the losses sustained early in the week when global markets tumbled.
Markets rebound from China slump, strong US data helps  Reuters
US Stock Markets Open Higher as Global Shares Rebound  Alaska Dispatch News
McDonald's, Tyson Foods drop farm after videotape shows animal cruelty
LOS ANGELES McDonald's Corp and Tyson Foods both severed ties on Thursday with a Tennessee farm where workers were seen stabbing, clubbing and stomping on chickens in an undercover video shot by animal rights activists.
McDonald's, Tyson cut ties with farmer tied to abuse video  WGN-TV
McDonald's supplier fired after shocking video of alleged animal abuse  FOX43.com
Oil markets extend gains after biggest daily climb in six years
SEOUL Crude oil futures rose on Friday in Asian trading, adding to their biggest one-day rally in over six years the day before led by recovering equity markets and news of diminished crude supplies.
Oil markets catch breath after biggest gains in six years  Reuters Canada
Oil soars over 10 pct, biggest gain in six years as shorts scramble  Sydney Morning Herald
UPDATE 5-Schlumberger to buy oilfield gear maker Cameron in $14.8 bln deal
... * Offer values Cameron at $66.36 per share, or $12.74 bln. * Combined company pro-forma 2014 revenue would be $59 bln. * Deal should allow Schlumberger to grow market share-analyst.
Schlumberger buys US firm in $US12.7b deal  The Australian (blog)
Report: Pakistan on Pace to Become Third-Largest Nuclear Power
Pakistan is building 20 nuclear bombs a year and could become the world's third-largest nuclear power within a decade, according to a new report.
Report on weapons: 'Pakistan outpacing India in nuclear race'  The Express Tribune
Only talks on terror a recipe for failure: Think-tank  Economic Times
Icahn targets struggling miner Freeport-McMoran with 8.5 pct stake
Aug 27 Activist investor Carl Icahn disclosed an 8.5 percent stake in miner Freeport-McMoran Inc, saying the company was undervalued and needed to address several corporate governance and capital issues.
Icahn discloses stake in Freeport-McMoRan  STLtoday.com
Carl Icahn Takes Stake in Freeport-McMoran  Fox Business
California Beats Water Conservation Goal for 2nd Straight Month
LOS ANGELES - Californians cut water use by more than 31 percent in July, the largest savings the state has logged since a drought emergency was declared last year.
US Watch  Wall Street Journal
Californians Cut Water Without State Imposing Fines  ABC News
US Economy's Growth Rate in 2nd Quarter Is Revised Up to 3.7%
Not long ago, the United States was considered the tortoise of the world economy, at least in comparison to emerging powers like China and Brazil.
Economy grows at a robust 3.7 percent rate in second quarter  Arizona Daily Sun
The scary number hiding behind the GDP party  Chicago Tribune
TCS announces $35 million donation to Carnegie Mellon University
Tata Consultancy Services announced a $35 million gift from TCS to Carnegie Mellon University, marking a new era of partnerships between leaders of Industry and academia.
Carnegie Mellon University receives $35 Million gift from TCS  Kerala IT News
Indian corporation gives $35 million to Carnegie Mellon  LancasterOnline
Ministers signal the end of Britain's 'solar revolution'
Britain's solar boom is over after ministers announced they would offer virtually no subsidies for people to install panels on their homes.
Tory plans to cut subsidies to homes with solar panels slammed by campaigners  Mirror.co.uk
Obama calls for big clean energy push  PPP Focus.com