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U.S. markets news

US Acts to Curb Firms' Moves Overseas to Avoid Taxes
WASHINGTON - Treasury Secretary Jacob J. Lew announced rules on Monday that are aimed at making it more difficult for American companies to lower their tax bills by relocating overseas and that would wipe out the benefits for those that do.
Tim Hortons, Burger King merger fallout: US cracks down on tax inversions  CBC.ca
US Treasury Moves to Curb Inversions  Wall Street Journal (blog)
ABC News   Related articles »  
US stocks retreat from records; Nasdaq down 1.14%
US stocks finished lower on Monday (Sep 22), retreating from last week's records in a decline attributed to profit taking and anxiety about Chinese economic growth.
Futures lower after China policy comments; housing data due  Reuters
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Record US whistleblower payout a warning for big business abroad
WASHINGTON/SHANGHAI: US regulators will pay a record $30 million bounty to an anonymous whistleblower outside the United States, underlining the growing reach of the country's watchdogs and creating a headache for global firms in fast-growing ...
SEC pays more than $30 million to whistleblower in largest award  Livemint
SEC Pays $30 Million to International Whistleblower  The Utah People's Post
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GLOBAL ECONOMY-Euro zone growth slows as Chinese factories trundle on
... * Chinese factory activity pick-up is modest but unexpected. * Euro zone business growth slows more than thought. * More monetary policy action expected in Frankfurt, Beijing.
Eurozone business growth slows in September, PMI survey finds  BBC News
Europe stocks shoved lower on weak eurozone data  MarketWatch
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Philips to split off lighting group ending era as conglomerate
Dutch electronics group Philips plans to split its business in two by spinning off its lighting business - in effect ending its 120-year history as a conglomerate.
Philips to Split Into Two Companies in a Continuing Revamp  New York Times
Philips to separate lighting business  Irish Times
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Tesco parachutes in new finance director early
Tesco has parachuted in its new finance director early after the retailer admitted on Monday that it had overstated first-half profits by �250m, as figures from Kantar Worldpanel showed sales declining at the steepest rate since the consumer research group ...
How Tesco could have lost �250m  Telegraph.co.uk
Tesco fast-tracks new finance chief Alan Stewart  BBC News
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Soybean Futures Rebound From Lowest Since 2010 on China
Soybeans rebounded from a four-year low amid speculation the price slide will prompt purchasing by China, the biggest buyer. China may import 76 million metric tons of soybeans in 2014-15, Cargill Investments (China) Ltd.
USDA: Nebraska corn harvest progress lagging  seattlepi.com
Grains trading outlook: corn, wheat futures extend slump, soybeans hold  Binary Tribune
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This is where the Alibaba IPO went wrong
Alibaba's Jack Ma could be happy that his company didn't pull a Facebook on its first day of trading as investor demand pushed up the shares 38%.
Alibaba's Jack Ma rises to top of China rich list as tech tycoons gain  The Globe and Mail
Alibaba's stellar listing a boost to Indian ecommerce cos?  Moneycontrol.com
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METALS-Copper rebounds after encouraging China factory data
... * China manufacturing unexpectedly picks up in Sept. * Copper deficit narrows to 27,000 T in June - ICSG. * U.S. Markit manufacturing PMI for Sept due at 1345 GMT (Updates prices, adds comment, detail; previous SINGAPORE).
European Stocks Drop as Bonds Gain; Aussie Rises on China  Businessweek
Brent Rises From 1-Week Low on China Manufacturing; WTI Gains  Bloomberg
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Families returning to home market, Realtors say
Single-family homes remain on the rise for the greater Tampa Bay area, while sales of townhouses and condominiums continue to slip.
August Existing Home Sales Figures Down From July  WCBE 90.5 FM
Home sales fall in August  South Bend Tribune
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