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U.S. markets news

IMF now sees Latam recession this year as Brazil slumps
LIMA Oct 6 The International Monetary Fund said Tuesday that it now expects Latin America's economy to shrink 0.3 percent this year instead of growing 0.5 percent, largely due to a steep recession in Brazil and slumping commodity prices.
IMF Downgrades Forecast for World, Emerging Market Economies  ABC News
IMF Cuts Global Outlook as Commodity Slump Hits Emerging Markets  Bloomberg
VW under pressure for answers as emissions scandal deadlines loom
WOLFSBURG, Germany Hans Dieter Poetsch's first board meeting as chairman of Volkswagen on Wednesday could turn out to be his most important, coming just hours before a deadline set by German regulators and testimony by the company's top U.S.
Volkswagen slashing costs that aren't 'absolutely vital' amid ...  USA TODAY
VW Chief Warns Workers of 'Pain' to Come Because of Scandal  New York Times
Wall St. moves lower as global growth worries resurface
The S&P and the Nasdaq fell on Tuesday morning as worries about economic growth resurfaced at U.S. companies begin to report quarterly results, while a surge in DuPont helped the Dow move higher.
Global Stocks Lose Momentum  Wall Street Journal
U.S. Stocks Fluctuate After S&P 500 Index's Longest 2015 Rally  Bloomberg
AB InBev seen reining in SABMiller's decentralized culture
(This story corrects fifth paragraph to show SAB margin 29.5 percent, not 23 percent). By Martinne Geller. LONDON (Reuters) - If brewing giant Anheuser-Busch InBev buys SABMiller, it will likely force its centralized and standardized operating model on ...
SABMiller's Zimbabwe Unit Lager Volumes Grow After Price Cuts  Bloomberg
Report: SABMiller rejects $100B bid to be acquired by Anheuser-Busch InBev  USA TODAY
As exports fall, US trade deficit balloons to five-month high
The rising value of the dollar and slowing global economy caused exports to drop in August, pushing the U.S. trade deficit to its widest level in five months.
UPDATE 2-Canada's trade deficit widens in August, exports slump  Reuters
US trade deficit widens to $48.3 billion in August  USA TODAY
Twitter rolls out feature that showcases day's best tweets
SAN FRANCISCO Twitter Inc rolled out its much-anticipated "Project Lightning" on Tuesday, a feature that shows users the site's best tweets and content as curated by a Twitter team.
Twitter launches Moments in a bid to expand its audience  Washington Post
Twitter Debuts 'Moments' Feature  ABC News
Here's what you can get at McDonald's all-day breakfast
Your favorites might not be available. People have been patiently awaiting the arrival of McDonald's MCD 0.36% all-day breakfast menu since the fast food giant announced last month that it would be expanding the option to all of its U.S.
5 Things to Know About McDonald's All-Day Breakfast  TIME
McDonald's begins limited all-day breakfast menu  Detroit Free Press
FAA wants to fine SkyPan $1.9 million for 'reckless' drone operations
Federal regulators sent a shot across the bow of civilian drone operators Tuesday, proposing a record $1.9 million fine for a company that markets “bird's-eye views” of some of the country's most congested airspace and heavily populated cities.
FAA proposes record fine against drone operator  CBS News
FAA proposes nearly $2 million fine against drone operator
Oil Rises on Growing Expectation of Production Cuts
Oil prices rose Tuesday on hopes for falling supply in both the U.S. and global markets. The U.S. Energy Information Administration said domestic crude production fell 120,000 barrels a day from August to September.
Why lifting oil export ban can help US foreign policy  Reuters Blogs (blog)
Oil surges 5% on US output forecast, OPEC comments  CNBC
PepsiCo CFO Hugh Johnston: Keys to Q3 earnings beat
PepsiCo's latest earnings beat can be attributed to two key factors, CFO Hugh Johnston said Tuesday. "Previously, Europe, Asia, the Middle East and Africa were growing more quickly as North America was a bit slower.
PepsiCo tops expectations, boosted by price hikes  Washington Post
Smaller snack sizes, non-carbonated drinks, boost PepsiCo sales  CTV News