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| U.S. stock futures were sharply higher this morning as the battered Chinese market staged a late session turnaround and Europe opened higher on hopes of a solid reforms proposal from Greece. (CNBC) |
| The recent meltdown in Chinese stocks-which sent Wall Street to its lowest levels in months Wednesday-abated overnight on fresh regulatory support. The Shanghai composite gained nearly 6 percent. (CNBC) |
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| Against a backdrop of international uncertainty, the NYSE is looking to get back to normal this morning, after technical problems halted floor trading for more than three hours Wednesday. (CNBC) |
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| Pepsico (PEP) today reported second quarter earnings and revenue thatexceeded forecasts. The soft drinks and snacks giant also raised its outlook. (AP) |
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| Alcoa (AA) late Wednesday reported second quarter earnings that missedexpectations but revenue that beat. Alcoa also raised its forecast for an ongoing global aluminum surplus. (CNBC) |
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| EU antitrust regulators sent MasterCard (MA) a charge sheet today,outlining concerns that the company artificially raises the costs of credit card payments. (Reuters) |
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| The recalls at Honda (HMC) over defective Takata air bags have grown by another 4.5 million vehicles-none in North America-raising the tally at the Japanese automaker to 24.5 million. (AP) |
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| Apple (AAPL) is preparing for a larger initial production run of its next iPhones,betting that even modest hardware changes will entice consumers to upgrade devices. (WSJ-subscriptions) |
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| Legislation to remove the Confederate flag from the grounds of the South Carolina state capitol received final passage early this morning-sending the measure to Republican Gov. Nikki Haley for her signature. (AP) |
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