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U.S. markets news

McDonald's Faces Shortage of Beef, Chicken at Some China Stores
Chinese consumers in outlets across northern and central China will have a limited menu as a result of supplier changes, a spokesman for the fast-food company said Monday.
China food crisis spreads to foreign brands  MarketWatch
No Burgers at Some China McDonald's Over Food Scare  NDTV
Businessweek   Related articles »  
Amazon faces threat of losing investors trust amid low profits
Amazon.com Inc is facing a tough phase in the recent times amid disappointing quarterly results for more than a year now. The patience of its investors is also on test and the threat of break down is looming large.
Amazon loss widens as CEO Jeff Bezos alarms investors with pace of spending  Economic Times
Amazon's far-reaching ambitions, lack of profits, unnerve investors  Reuters
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Asia stocks dip after earnings hurt Wall Street, dollar buoyed
TOKYO (Reuters) - Asian stocks dipped in early trade on Monday after disappointing earnings hit Wall Street, while the dollar hovered near six-months peaks against a basket of major currencies.
China shares lead Asia higher, dollar buoyed  Reuters Canada
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JP Morgan questioned on private bank impropriety: WSJ
(Reuters) - JPMorgan Chase & Co (JPM.N) executives have faced regulators' questions on whether private bank advisors guide clients to buy the firm's own financial products, according to a report in the Wall Street Journal.
JP Morgan Examined for Conflicts of Interest  Wall Street Journal
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Top Kiwi executive 'driven' to succeed
Ex-pat Kiwi Greg Foran has been named as head of Wal-Mart's US division. The famous son of the New Zealander taking the helm at retail giant Walmart says his dad was always driven to succeed, and instilled those values in his kids.
It's About Time: Walmart's US CEO Bill Simon Unexpectedly Stepping Down  Forbes
Walmart Names New President and CEO of US Division  WPRO
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Bocom Jumps 9.9% in Shanghai on Private-Investment Plan Report
Bank of Communications Co. jumped as much as 9.9 percent in Shanghai after Reuters reported that the lender wants to sell more stakes to private investors as part of China's economic restructuring.
China shares jump as Bank of Communications seeks new private investors  Economic Times
Asia-Pacific bourses extend rally  Financial Times
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Alan 'Ace' Greenberg, who remade Bear Stearns, dies at 86
Alan C. �Ace� Greenberg, who as chief executive officer of Bear Stearns Cos. transformed a small bond shop into the fifth-largest U.S.
Alan 'Ace' Greenberg, Wall Street titan, dies at 86  Daily Digest
Remembering Ace Greenberg, through good times and bad  Business Standard
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NYC Pension Funds Report 17.4% Gain as U.S. Stocks Soar
New York City's five pensions reported a 17.4 percent gain on investments for the fiscal year ended June 30, propelled by growth in U.S.
NY City pension funds return 17 pct in fiscal 2014  Reuters
Stringer: NYC pension funds at $160.5 billion  Glens Falls Post-Star
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MorphoSys AG Reports Results for the First Six Months of 2014
MARTINSRIED / MUNICH, Germany, July 28, 2014 (GLOBE NEWSWIRE) -- MorphoSys AG (FSE: MOR; Prime Standard Segment; TecDAX, OTC: MPSYY) today announced its financial results for the six months ending 30 June 2014.
MorphoSys Provides Update on the Company's Proprietary Drug Portfolio  MarketWatch
MorphoSys H1 Profit Decreases; Re-confirms Guidance For 2014  RTT News
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Obama could curb corporate 'inversions' on his own: ex-US official
WASHINGTON (Reuters) - President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S.
Obama Involves Ireland In 'Unpatriotic' Inversion Claim  Tax-news.com
Close the tax loophole on inversions  Washington Post
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