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U.S. markets news

LinkedIn's revenue beat fails to connect with investors
LinkedIn Corp (LNKD.N), operator of the biggest social networking site for professionals, reported a better-than-expected 33 percent rise in quarterly revenue on Thursday, driven by strong growth in its business serving recruiters. can't hide LinkedIn issues  MarketWatch
LinkedIn 2Q caps rough week for social media stocks  Washington Post
Financial Times  
Will US economic growth persuade the Fed to raise interest rates? (+video)
The US economy expanded 2.3 percent in the second quarter with the help of consumer spending. Although the Federal Reserve said it will keep interest rates near zero, the economic growth means a hike is still a possibility.
The Six-Year Slough  Wall Street Journal
US believes no structural issues in GDP data construction  Reuters
Dollar Stronger After GDP Amid July Surge as Asian Futures Mixed
The dollar maintained gains, set for its best month since January as speculation firmed that the Federal Reserve will boost interest rates at its next meeting.
Nasdaq up 0.3% after GDP news; Dow, S&P 500 flat  USA TODAY
US Stocks End Flat Amid Earnings, GDP Data  Wall Street Journal
TCEQ tests water in Chambers County town for blood worms
The Texas Commission of Environmental Quality visited Old River-Winfree on Thursday to test water after many residents found worms in their tap water.
Homeowners in Old River Winfree are outraged after finding small blood worms ...  Houston Sun Times
Texas Town Not Happy With Worms in Water Supply  Newser
5 cities that will get the cheaper, 'millennial' version of Whole Foods
Stores in Los Angeles's neighborhood of Silver Lake are about to get some competition from Whole Foods. By. SallyFrench. Social media editor.
Whole Foods to take on Trader Joe's in LA with smaller stores  Los Angeles Times
Whole Foods Is Just Another Grocery Chain in Investors' Eyes  Bloomberg
The Fitness Chain SoulCycle Files for an Initial Public Offering
So popular is SoulCycle that customers eagerly arrange their schedules around openings for the week's classes, with sessions regularly booked up within minutes.
SoulCycle plans to exercise an IPO  MarketWatch
7 Things We Learned from SoulCycle's IPO Filing  Wall Street Journal (blog)
Expedia Sets Sights on Growth Abroad as Profit Tops Expectations
Expedia Inc. EXPE 0.69 % executives said they would be on the lookout opportunities abroad after brisk demand for hotel rooms overseas drove up second-quarter earnings.
Australian dollar headwinds not dampening Expedia's enthusiasm for Wotif  Sydney Morning Herald
Expedia beats Wall Street view, shares rise  Reuters
NBCUniversal close to investing in BuzzFeed: source
LOS ANGELES Comcast Corp's (CMCSA.O) NBCUniversal film and television unit is close to making an investment in online publisher BuzzFeed and is in talks to raise its stake in Vox Media, a person with knowledge of both sets of discussions said on ...
NBCUniversal near deal to invest $250M in BuzzFeed  USA TODAY
NBCUniversal Said to Be Near Investing in BuzzFeed and Vox  New York Times
Amgen's profit jumps 7% in 2nd quarter as sales rise, costs decline
Thousand Oaks biotech firm Amgen Inc. said its profit jumped 7% in the second quarter as sales of several key drugs increased. The results, released after markets closed Thursday, were better than analysts had expected.
Amgen profit tops Street view, boosts full-year forecast  Reuters
Amgen Raises 2015 Outlook, Results Beat Expectations  Wall Street Journal
T-Mobile's profit surprises market on top of subscriber growth
Add profits to the list of accomplishments for T-Mobile US in the second quarter. The rival of Sprint already had said in a preliminary report that it added 2.1 million subscribers, which could move it ahead of Sprint as the No.
UPDATE 4-T-Mobile raises 2015 subscriber forecast; results top estimates  Reuters
T-Mobile Reports Profit Alongside Customer Growth  Wall Street Journal