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U.S. markets news

Men's Wearhouse ousts founder George Zimmer
NEW YORK (AP) - Men's Wearhouse has dismissed its founder and executive chairman George Zimmer. In a terse release issued Wednesday, the company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small ...
Men's Wearhouse fires the 'I guarantee it' guy  CNNMoney
UPDATE 1-Men's Wearhouse ousts founder Zimmer as executive chairman  Reuters
Los Angeles Times   Related articles »  
US Stocks Edge Lower Ahead of Fed Statement
NEW YORK--Stocks edged lower in early trading, as investors looked ahead to the afternoon's Federal Reserve policy announcement.
Yen Advances While Stocks Fluctuate Before Fed Statement  Bloomberg
Stocks to fasten fortunes to Fed  USA TODAY
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Sprint Takes Game 7 Lead in Dish Battle
Sprint and Dish, however, are poised for one final head-to-head battle as a realignment of the wireless industry takes hold. After the market close on Tuesday, Dish Network said it terminated due diligence efforts on a prospective takeover of Sprint, citing ...
Media Journal: Dish Walks Away From Sprint  Wall Street Journal
Dish Ditches Sprint Bid, Clearing the Path for Japan's SoftBank  Fox Business
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FedEx Shares Dip on Growth Concerns
FedEx said on Wednesday it was cutting its capacity between the United States and Asia, sending its shares lower on concerns about future growth, even as the world's biggest air-freight company posted a stronger-than-expected profit.
FedEx Sees 2014 Profit Gain Up to 13% Amid Cutting Costs  Bloomberg
FedEx Beats the Street, Offers Tame Outlook  Wall Street Journal
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US consumer prices edge higher
The cost of living in the US rose slightly in May as higher energy costs were offset by the first drop in food prices in almost four years, signalling inflation remains at bay.
News Summary: US consumer prices up 0.1 pct in May  Businessweek
UK inflation climbs to 2.7pc in May on record jump in air fares  Telegraph.co.uk
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Monitor Finds Lenders Failing Terms of Settlement
The nation's five biggest mortgage lenders have likely already satisfied their financial obligations under last year's $25 billion settlement over mortgage abuses, helping hundreds of thousands of families keep their homes.
Mortgage monitor: Banks not yet complying with major settlement  Los Angeles Times
Report: Banks not following mortgage standards  USA TODAY
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Documentary Alleges TWA Flight 800 Cover Up
In a new documentary, former government investigators who looked into the mysterious crash of TWA Flight 800, which killed 230, are breaking their silence to claim that the explosion that brought down the plane in 1996 was likely no accident, and that the ...
NTSB urged to reopen review of TWA flight 800 crash  USA TODAY
Filmmaker asserts new evidence on crash of TWA Flight 800  CNN
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America's 11 most endangered historic places
Houston's Astrodome stadium, New York's old Pan Am Worldport Terminal at Kennedy Airport and Montana's one-room schoolhouses are joining a list of the nation's most endangered historic places.
Nation's most endangered historic places  CNN
THE 11 MOST ENDANGERED HISTORIC PLACES IN AMERICA  Boston.com
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Alcatel to Sell Assets in Bid to End 'Perpetual' Restructurings
Alcatel-Lucent SA (ALU) will sell 1 billion euros ($1.3 billion) of assets and slash costs by another 1 billion euros in a bid by Chief Michel Combes to turn the company around -- something his predecessors tried, and failed, to do for seven years.
Alcatel-Lucent Plans Overhaul, Big Cost Cuts  ABC News
Alcatel-Lucent Unveils Plan to Cut Costs  New York Times
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Chopper scam: Bribery trial of former Finmeccanica CEO opens
The former head of Italian aerospace and defense giant Finmeccanica, accused by prosecutors of making bribery part of the company culture, went on trial today for his alleged role in the payment of bribes to secure a crucial 560 million euro (USD 670 ...
Tainted chopper deal: Finmeccanica ex-CEO Giuseppe Orsi's trial begins  IBNLive
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