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U.S. markets news

China Stocks Extend Rout as Traders Lose Faith in State Support
Chinese stocks fell, extending the biggest one-day loss since 2007, as concern grew unprecedented government intervention will fail to shore up equities.
China Rout Deepens, Worries Ripple Out to Other Asian Markets  Wall Street Journal
Chinese Shares Tumble Again  New York Times
Financial Times  
GLOBAL MARKETS-Asia shares slip on China stock jitters, dollar pressured
... * Asia drops after Monday's freefall in China shares. * Dollar on back foot versus safe-haven yen, euro. * Global growth woes send copper to 6-year lows.
Japanese Stocks Follow Global Equities Lower Amid Chinese Rout  Bloomberg
Asia shares slip on China stock jitters, dollar pressured | Reuters  Firstpost
Solid growth predicted in Vermont's revenue forecast
MONTPELIER, Vt. (AP) - Solid growth is predicted for state revenue for the rest of this fiscal year and next year, economists told the state's fiscal leaders on Monday.
Vermont shares 'good news' on economy
Economists see slow, steady growth in Vermont ahead  WPTZ The Champlain Valley
US STOCKS-Wall St drops as China stock slump stokes growth fears
... * Chinese shares drop the most in eight years. * Oil prices, commodities fall after China equity selloff. * Dow hits lowest level since February.
Australian stocks slip as Chinese share rout continues  ABC Online
MarketsJapan shares drop, Australia led lower by miners  Financial Times
La Guardia Airport to Be Overhauled by 2021, Cuomo and Biden Say
La Guardia Airport, whose dilapidated terminals and long, unenviable record of traveler delays have made it a target of jokes and complaints for decades, will be completely rebuilt by 2021, Vice President Joseph R. Biden Jr.
La Guardia Overhaul Gains Ground  Wall Street Journal
LaGuardia: No more 'third world' airport? Cuomo, Biden say it'll ...  Los Angeles Times
P&G CEO A.G. Lafley Said to Be Close to Passing Reins to Taylor
Procter & Gamble Co. Chief Executive Officer A.G. Lafley may announce his retirement this week after a board meeting Tuesday, a person familiar with the matter said, setting the stage for heir apparent David Taylor to take the reins.
At P&G, Lafley Prepares to Hand Over Reins  Wall Street Journal
P&G to name David Taylor CEO - WSJ  Reuters
Baidu Profit Increases 3.2. Percent, but Below Analysts' Forecasts
The second-quarter profit for Baidu, China's biggest Internet search company, fell short of analysts' estimates as the company spent heavily to diversify away from its core search advertising business, which is becoming less profitable and more ...
How Many People Are Using the Internet in China?  Yahoo Finance
Baidu profit rises, but forecast misses  MarketWatch
Florida family finds $1 million in treasure from sunken Spanish armada
ORLANDO, Fla. A Florida family who has hunted treasure for years found more than $1 million worth of gold artefacts this summer from the wreckage of a 1715 Spanish fleet that sank in the Atlantic, according to a salvage company's estimate.
Sanford treasure hunters find $1M in gold off Florida's coast  Orlando Sentinel
WATCH: Florida treasure hunters find $1 million in gold from Spanish boats ...  New York Daily News
Average Rise on Insurance Seen at 4% in California
WASHINGTON - Health insurance rates will rise next year by an average of just 4 percent in California, one of the few states that actively negotiate prices, state officials said Monday.
Covered California sets 4 percent hike in 2016 health care premiums ...  Sacramento Bee
Covered California Announces 4% Rate Increase for 2016
13 Powerhouse American Companies Have Taken Obama's New Climate Pledge. What ...
Thirteen major US companies today took the White House's "American Business Act on Climate" pledge to slash their greenhouse gas emissions to slow climate change.
US private sector vows to ante up on climate finance  Reuters
Google, Apple, Microsoft pledge to fight climate change  SlashGear