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U.S. markets news

Bernanke and China send world stocks lower
U.S. stocks fell Wednesday after Fed chairman Ben Bernanke spelled out his plans to begin reducing stimulus. NEW YORK (CNNMoney). Investors may be in for a Bernanke hangover on Thursday.
Global Markets Feel the Fed Tapering Sting  CNBC.com
Bernanke Sees Beginning of End for Fed's Record Easing  Bloomberg
BBC News   Related articles »  
Singapore Dollar Lower Late on Fed Tapering Talk
SINGAPORE--The Singapore dollar was lower against the U.S. dollar on Thursday as traders piled into the U.S. unit after Federal Reserve Chairman Ben Bernanke pointed to a tapering of bond buying toward the end of the year.
A cash crunch in China, the Fed, and Abenomics  BBC News
Asian stocks brace for fall, China data eyed  IT Business Net
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China factory activity hits 9-month low
China's factories are faltering again, pointing to slowing growth in the world's second-biggest economy. HSBC said Thursday that its "flash" index of manufacturing purchasing managers' sentiment fell to a nine-month low of 48.3 in June, as new export orders ...
Euro zone business slump eases but second quarter contraction likely: PMI  Reuters
Euro-Area Services, Factory Output Rises More Than Forecast  Bloomberg
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United Airlines to Raise Hurdle for Elite Flier Status
The parent of United Airlines said it would add a minimum annual spending level that passengers will have to meet to qualify for elite frequent-flier status.
Airlines to Cheapskate Road Warriors: Pay Up to Keep Your Elite Status  Businessweek
United on Mend After 'Awful' Year, CEO Says  Wall Street Journal- India
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Watchdog Cites Banks for Missteps in Mortgage Relief
Four large U.S. banks have failed to comply with key elements of a landmark $25 billion mortgage settlement, an independent monitor said Wednesday.
Big banks are violating national mortgage settlement, report says  Washington Post
Banks' Mortgage-Service Fixes Faulted by Settlement Monitor  Bloomberg
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Dunkin' to Sell Gluten-Free Doughnuts in Fast-Food First
Dunkin' Donuts is poised to beat McDonald's Corp. (MCD) and Starbucks Corp. (SBUX) in introducing the fast-food industry's first gluten-free pastries nationwide.
Dunkin' Donuts to offer gluten-free donuts, muffins  Boston.com
Gluten-Free Dunkin' Donuts Are Coming  TIME
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Five Banks Must Raise $21 Billion in Fresh Capital: BOE
Five U.K. banks must find 13.4 billion pounds ($21 billion) to plug a 27.1 billion-pound capital shortfall by the end of the year, the Bank of England said.
British Banks to Raise Extra $21 Billion in Capital  New York Times (blog)
UK banks told to find further �13bn  Financial Times
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Founder Gets Boot at Men's Wearhouse
A month ago, Men's Wearhouse Inc. called co-founder and Chairman George Zimmer the �chief driving force behind the Company.� By Wednesday, the seller of discount suits had driven him out.
Men's Wearhouse fires founder George Zimmer  USA TODAY
Zimmer, You Might Not Like the Way This Looks  CNBC.com
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SNB Chief: Swiss Franc Holds Back Revival
BERN, Switzerland�The Swiss economy slightly revived at the start of the year but there are still no signs of a lasting recovery in the country's exports, Swiss National Bank President Thomas Jordan said Thursday.
UPDATE 1-SNB lauds UBS, CSuisse capital steps, warns on leverage  Reuters
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How A Merger Could Affect Congress' Favorite Airport
If the US Airways-American Airlines merger announced earlier this year is approved, the combined airline would control two-thirds of the takeoff and landing slots at Reagan National Airport, outside Washington, D.C.. The government could force the airline to ...
US Airways chief warns lawmakers of potential service cuts  Chicago Tribune
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