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U.S. markets news

Asian shares firm on resurgent oil, Nikkei falls on BOJ
TOKYO Asian stocks hit a seven-week high on Wednesday as oil prices showed some signs of life, supporting battered resource shares and emerging economy currencies, while Tokyo shares fell after the Bank of Japan stood pat on policy.
Upbeat BoJ damps hopes for stimulus boost  Financial Times
37 Minutes Can Make All the Difference When Waiting for BOJ  Bloomberg
CTV News  
Banks and credit card companies could soon lose their 'free pass' that helps ...
WASHINGTON (Reuters) - Banks and credit card companies may not force customers to sign away their legal rights to take part in class action lawsuits, under an early-stage U.S.
US agency targets ban on class actions  Los Angeles Times
Why Regulators Want Banks And Credit Card Companies To Let You Sue Them  International Business Times
Samsung Elec sees Q3 profit boost despite smartphone woes
SEOUL Samsung Electronics Co Ltd on Wednesday said it would post its first quarterly profit gain in two years, beating expectations as strong sales of chips and displays probably offset weakness in its smartphone division.
5 Takeaways From Samsung's Guidance  Wall Street Journal (blog)
Samsung sees profit rebounding on chips, displays  MarketWatch
VW CEO says recall to start in January, be completed end-2016
BERLIN Volkswagen (VOWG_p.DE) Chief Executive Matthias Mueller said in an interview with a German newspaper that the company would launch a recall for cars affected by its diesel emissions crisis in January and complete the fix by the end of next year.
Volkswagen Will Begin a Recall Of Scandal-Hit Cars in January, Says Its CEO  TIME
Volkswagen Sought a Green Seal for Its Diesel Cars  New York Times
American Apparel Filed For Bankruptcy; Is It Truly Over For The Made-In-The-U ...
American Apparel will shrink its debt to $120 million from $311 million after filing bankruptcy by swapping bonds for equity. Sign Up For Our Newsletter >>.
American Apparel files for bankruptcy, operations to continue  Bangor Daily News
American in Peril: NYSE Suspends Trading of American Apparel
FAA Proposes Big Fine for Drone Violations
The Federal Aviation Administration on Tuesday proposed a record $1.9 million fine against an aerial photography company, SkyPan International, for flying drones in crowded New York and Chicago airspace without permission.
Business Watch  Wall Street Journal
US proposes nearly $2 million fine against drone operator  Times of India
DuPont CEO Kullman steps down, veteran exec Breen named interim CEO
DuPont CEO Ellen Kullman is stepping down this month and will be replaced temporarily by board member and veteran U.S. executive Edward Breen, who oversaw the break-up of conglomerate Tyco International... By: Reuters | October 7, 2015 8:45 AM ...
DuPont CEO departure buys time to appease Peltz  Reuters
A Preferred Way To Play DuPont's CEO Change  Forbes
Exclusive -- Yum! Brands Exec: Here's What Happened in China
Yum Brands' recovery in China continues, but at a slower-than-expected pace. Source:Yum! Brands. Yum! Brands just reported third-quarter 2015 results, and the market couldn't spit out shares of the fast-food juggernaut fast enough.
Yum shares tumble after warning on China, currency moves  Reuters
KFC parent sees slow recovery in China  Sky News Australia
Gold Holds at One-Week High on Signs of Slowing Economic Growth
Gold held near the highest level in more than a week on speculation that the Federal Reserve will refrain from increasing U.S. interest rates this year on further signs of slowing global economic growth.
Gold well-bid on expectations of US rate hike delay  Economic Times
MarketsGold bounces on hopes that Fed will delay rate rise  Financial Times
Canada's Bombardier confirms it held talks with Airbus on CSeries plane
TORONTO - Bombardier is confirming it had talks with Airbus to sell a majority stake in its CSeries jet but says those discussions are no longer being pursued.
UPDATE 4-Airbus, Bombardier end talks over CSeries jet investment  Reuters
Bombardier, Airbus Say Talks on Collaboration Were Halted  Bloomberg