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U.S. markets news

Fed Officials Ready for Faster Rate Increase as Data Improve
Improving labor markets are bringing Federal Reserve officials closer to a time when they can get back to bread-and-butter central banking, where there's a tighter connection between changes in economic data and movements in short-term interest rates.
Fed minutes signal growing pressure to raise interest rates sooner  Los Angeles Times
Fed Fine-Tuned Rate Liftoff, Balance Sheet Reduction Strategy in July Meeting  Fox Business
Houston Chronicle   Related articles »  
Asian Futures Rise With US Stocks as Dollar Holds Gains
Asian index futures rose with U.S. stocks after minutes from the Federal Reserve's last meeting indicated the central bank will continue to support the economy.
Dollar jumps up on hawkish Fed minutes  NASDAQ
FOREX-US dollar gains after Fed minutes suggest hawkish tilt  Reuters
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Hewlett-Packard Revenue and Cash Flow Improve, but Earnings Fall
Hewlett-Packard's third-quarter revenue edged out what analysts on Wall Street had expected the company would generate. Credit Justin Sullivan/Getty Images.
PC Sales Boost HP Revenue Up for First Time Since 2011  eWeek
HP to return to dealmaking as sales recover  Financial Times
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Bank of America and DOJ near $17 billion settlement over mortgage securities
Final terms are almost in place for the record $17 billion settlement between Bank of America and the Justice Department over allegations that the nation's second-largest bank knowingly sold faulty mortgage securities that contributed to the financial crisis, ...
Bank of America Expected to Settle Huge Mortgage Case  New York Times (blog)
Bank of America's $17 billion settlement could be announced Thursday  The Columbian
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Hertz Issues Statement
NAPLES, Fla., Aug. 20, 2014 /PRNewswire/ -- Hertz Global Holdings Inc. (NYSE: HTZ) ("Hertz" or "the Company") today issued the following statement: The Hertz Board and leadership team value the views of all Hertz shareholders and welcome a ...
Hertz Global Holdings Shares Drop After Guidance Withdrawn  NASDAQ
Hertz Global Holdings Shares Down 9.3% on Analyst Downgrade (HTZ)  WKRB News
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UPS Stores hit by breach of credit card, customer data
UPS Store Inc. said more than 100,000 customer transactions could have been exposed by a "limited malware intrusion" from January to this month.
The UPS Store says malware found on systems of 51 stores  PCWorld
UPS hit by cyber attack  Financial Times
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Japanese Stocks Advance as Yen Slumps Most Since March
Japan's Topix index rose, poised for a three-week high, after the yen fell the most in five months yesterday and as investors weighed Federal Reserve minutes.
Tokyo: Stocks open up 0.50%  THE BUSINESS TIMES (subscription)
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How Target strayed deep into the red in Canada
Instead of opening 124 stores in this country last year, the second-largest discounter in the United States should have launched just five to 10 outlets and �refined� the operations before rolling out more, chief financial officer John Mulligan said on Wednesday.
Target sees profit fall months after credit card hack, struggles to win back ...  New York Daily News
Hey Target, here's how you expand into Canada, courtesy of Wal-Mart
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Berkshire investor's departure dims Buffett mystique
Value investor David Winters sold his shares in Berkshire Hathaway over a clash about Coca-Cola's pay practices. The rare backlash follows other Oracle of Omaha letdowns, which are undermining his legacy and also maybe Berkshire's.
Buffett's Berkshire slammed with maximum penalty  CNBC
Warren Buffett agrees to settlement after violating antitrust laws  Sydney Morning Herald
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Airlines monitor possible volcanic activity in Iceland
Airlines are keeping an eye on possible volcanic activity in Iceland, after a previous eruption there in 2010 caused massive flight disruptions.
An Icelandic Volcano May Be About to Explode. How Bad Could It Be?  Slate Magazine (blog)
Iceland's Bardarbunga volcano alert raised to orange  BBC News
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