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U.S. markets news

Kraft recalls some American Singles cheese
NORTHFIELD, Ill. -- Kraft voluntarily recalled 7,691 cases of its American Singles cheese product Friday because an ingredient was stored improperly by a supplier.
Kraft Foods Voluntarily Recalls Some American Singles Cheese Product  RTT News
Kraft Recalling American Cheese Singles  10TV
Los Angeles Times   Related articles »  
S&P 500 edges up to set new record
SPI futures down 2 points; On Wall Street, S&P +0.3%, Nasdaq +0.5%, Dow Jones +0.1%; In Europe, Eurostoxx +0.3%, FTSE100 +0.2%, CAC +0.3%, DAX +0.1%; Spot gold down 0.2% to $US1287.32 an ounce; Brent crude oil up 0.6 per cent to $US103.04 a ...
Mining stocks take TSX higher; NY modestly higher amid glum spending data  Vancouver Sun
Friday's midday trade: stocks rise, on track for fourth week of gains  Business Recorder
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Euro Zone Consumer Prices Weaken to Five-Year Low
The European Central Bank gets back to work after the summer next week with inflation in the euro zone now down to 0.3%. That may not prove enough for them to bring in new policy measures.
Low inflation heaps pressure on ECB to take action as early as next week  Irish Independent
Euro Slides for Seventh Week as Inflation Slows Before ECB Meets  Businessweek
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Spending hits six months' low yet households' confidence approaches 7-years ...
Consumer spending has dropped down. The fall is the very first if we see the six months' statistics. It is also observed that households' confidence remained high in August approaching the highest point in seven years.
Spending Falters, but Consumer Confidence Reaches a 7-Year High  New York Times
US Consumer Spending Falls for First Time in Six Months  Bloomberg
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Buffett's Burger King Deal Has Warrant for 1.75% Stake
Berkshire Hathaway Inc. (A:US)'s $3 billion of financing for Burger King Worldwide Inc. (BKW:US)'s planned takeover of Tim Hortons Inc. (THI) gives billionaire Warren Buffett the option to buy a 1.75 percent stake in the combined company.
Burger King boycott will be hard to sustain  Chicago Tribune
Protests mount against Miami-based Burger King  MiamiHerald.com
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A&E Close to Buying 10% of Vice Media for $250 Million
A+E Networks is close to acquiring a 10 percent stake in Vice Media Inc., a deal that would value the company at about $2.5 billion, according to people with knowledge of the matter.
A&E deal would price Vice at $2.5 billion  CNNMoney
A&E Is Dropping $250 Million for a 10 Percent Stake in Vice  Complex.com
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Malaysia Airlines to cut 6000 workers as part of $1.9-billion overhaul
Malaysia Airlines will cut 6,000 workers as part of a $1.9-billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.
MAS: We treat you like gold  Astro Awani
MAS To Emerge 'Leaner, Cleaner And Healthier'  malaysiandigest.com
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Russian inflation, interest rates to stay high as sanctions bite
MOSCOW (Reuters) - Russia will miss its inflation target this year as a ban on Western food imports causes prices to rise, and economic growth will be minimal as Western sanctions over Ukraine bite, a Reuters poll showed on Friday.
Inflation data pushes dollar higher against euro  MarketWatch
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Ukraine to receive $1.5 billion in new funds
The International Monetary Fund has approved the release of nearly $A1.5 billion in fresh funds for troubled Ukraine, as the country faces an escalation in fighting with pro-Russia separatists.
IMF approves $217 million loan disbursement to Tunisia  Reuters
IMF Board Expresses Confidence in Lagarde  ABC News
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24 Nicaraguan Miners Still Trapped in Gold Mine
Rescuers using long ladders tried to get food and water to freelance miners trapped in a Nicaraguan gold mine, as the effort to reach the 24 men entered its second day.
Rescuers race to reach trapped miners in Nicaragua  KVVU Las Vegas
UPDATE 2-Rescuers contact 20 miners trapped in Nicaragua gold mine  Reuters
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