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Philly Fed factory activity picks up in August

The Philadelphia Federal Reserve said its business activity index hit 8.3 in August compared with 5.7 the month before.
Source: Reuters
Latest Indian, French warplane deal runs into problems - sources

*India needs new warplanes to upgrade aging air force. Two senior Indian defense officials told Reuters that both sides were wrangling over the unit price of the aircraft and a condition that planemaker Dassault Aviation invest a big percentage of the value of the multi-billion dollar contract in India. That followed three years of commercial negotiations...
Source: Reuters | By: Sanjeev Miglani
Neiman Marcus files for IPO  

Meiman Marcus will trade under ticker "NMG", reports CNBC's Courtney Reagan.
Source: CNBC.com