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Business Headlines

On this page we've assembled links to stories from national business news sources including the Associated Press, CNN/Money, The Wall Street Journal, The New York Times and others.

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Associated Press
BILLINGS, Mont. (AP) -- U.S. officials say applications to drill for oil and gas on federal and Indian lands are expected to decrease 40 percent in coming years versus their historical average....
WASHINGTON (AP) -- Long-term U.S. mortgage rates edged higher this week for a second straight week. They still are near historically low levels to encourage potential homebuyers....
WASHINGTON (AP) -- The proportion of U.S. households that own homes has matched its lowest level in 51 years - evidence that rising property prices, high rents and stagnant pay have made it hard for many to buy....
NEW YORK (AP) -- Stocks were edging slightly higher Thursday, as investors worked through another batch of mixed earnings' results, including results from Facebook, Ford and Whole Foods....
DEARBORN, Mich. (AP) -- Ford Motor Co.'s net income fell 9 percent to $2.0 billion in the second quarter as the company struggled with flattening U.S. sales and a tougher market in China....
      
Wall Street Journal
Business software maker Oracle agreed to buy NetSuite for $9.3 billion, a cloud computer firm whose largest investor is Oracle Chairman Larry Ellison.
Ford’s net profit fell 9% in the second quarter and the car maker tempered its outlook amid a modest decline in the core North American performance and weaker China sales.
Royal Dutch Shell reported a sharp drop in second-quarter profit compared with a year earlier as lower oil and gas prices weighed on earnings.
Taikang Life Insurance Co. has disclosed a 13.5% stake in Sotheby’s, citing a “positive view” of the auction company’s prospects as well as potential interest in a board seat.
The Chinese internet company is expected to report lower revenue and profit amid concerns that it hasn’t done enough to broaden its business.
      
CNNMoney
For the third straight night, the Democratic convention appears to have topped its Republican counterpart in the ratings; now Donald Trump's campaign is telling supporters not to watch.
Drivers can't stand UberPool. But Uber cleverly nudges them to use the service.
Read full story for latest details.
Read full story for latest details.
Read full story for latest details.
      
NY Times Business Headlines
The deal will help Oracle improve its cloud computing offerings and is among the largest in Lawrence J. Ellison’s history of acquiring companies.
In deal news, Oracle agreed to buy the cloud computing business NetSuite for about $9.3 billion.
The Consumer Financial Protection Bureau proposals aim to strengthen federal efforts to clamp down on collectors who hound people for debts they may not owe.
The Democrats’ polished convention stands in contrast to the Republicans’ free-for-all. But Donald Trump has gotten where he is by defying the traditional media rules.
Some Fox News employees say there is an internal split inside the network, pitting those who support Roger Ailes against those who do not.
      
USA Today Business Headlines
Investors have been grabbing just about any stock with a dividend attached.
     
 
 
Oracle continues expanding the size of its cloud.
     
 
 
The company may be called Fiat Chrysler Automobiles, but by early next year, it won't be making automobiles in the U.S.
     
 
 
The accomplishment came despite the automaker's slumping U.S. sales amid its scandal.
     
 
 
The 100 cards that were reviewed had a total of 593 fees, compared with the 613 last year.
     
 
 
      
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