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U.S. markets news

Record iPhone sales drive Apple's 3Q beat
Photo: Tony Avelar, AP FILE - In this Sept. 19, 2014 file photo, an Apple employee grabs an iPhone 6 for a customer at the Apple Store during the launch and sale of the new iPhone 6 and 6 Plus smartphones, in Palo Alto, Calif.
Apple seen riding higher on strong iPhone demand, iPad rebound  Economic Times
A Comprehensive Review of Apple Pay: Get the Next-generation Shopping ...  Hallels
Apple Insider   Related articles »  
Coca-Cola Steps Up Cost-Cutting Plan After Sales Miss Estimates
Coca-Cola Co. (KO), the world's largest beverage company, embarked on a plan to cut $3 billion in annual expenses by 2019 after a global slump in sales volume caused revenue to miss analysts' estimates.
Coca-Cola Earnings, Revenue Fall in 3Q, Unveils Cost-Cutting Plan  Fox Business
Coke profit, revenue fall on flat soda market  Businessweek
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McDonald's Profit Falls 30% on US, China Woes
McDonald's has focused on improving staffing at busy times and emphasizing its breakfast and coffee offerings as it has lost traction with a key group of consumers.
McDonald's 3Q Profit Drops 30% as US Sales Fall  Bloomberg
UPDATE 1-China food scandal, tough US competition pummel McDonald's  Reuters
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Staples investigating possible credit card data breach
Staples is investigating a possible breach of payment card data and has contacted law enforcement about the matter, making it the latest US retailer to become a possible victim of a cyberattack.
Staples: Police investigating possible data breach  Newsday
Staples Investigating Possible Data Breach  Boston.com
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Oil Prices Rise on Chinese Data
Oil prices ticked higher Tuesday on better-than-expected economic data from China, the No. 2 oil-consuming nation. China posted 7.3% year-over-year quarterly growth rate in the third quarter, the National Bureau of Statistics said Tuesday.
Oil prices make the story  Christian Science Monitor
Oil price fall spells bowser bargains  The Age
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China's Slowdown Raises Pressure on Beijing to Spur Growth
BEIJING�China's economic slowdown is widely expected to continue into next year, increasing pressure on Beijing to take more powerful measures to spur growth and to proceed slowly on their pledge to fundamentally reform the economy.
China's Sept. fiscal spending quickens, land revenues fall  Reuters
China's economic growth slides to 5-year low  CBC.ca
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Osborne on Course to Miss Borrowing Target as Deficit Climbs
Britain's budget deficit widened in the first six months of the fiscal year, leaving Chancellor of the Exchequer George Osborne on course to overshoot his borrowing target.
More bad news for Osborne as borrowing rises 10%  The Times (subscription)
Public borrowing rises to �11.8bn in September  BBC News
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Verizon Misses Profit Estimates as Device Discounts Trim Margins
Verizon Communications Inc. (VZ), the largest U.S. wireless carrier, missed profit estimates as more new subscribers took advantage of discounts on devices.
Verizon misses Street 3Q forecasts  Chron.com
Verizon Q3 adjusted EPS $0.89, below expectations for $0.90  NASDAQ
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US Government Bonds Pull Back on ECB Bond News
Treasury bonds pulled back on Tuesday as reports that the European Central Bank is considering fresh ways to stimulate the economy encouraged investors to sell haven bonds and buy riskier assets.
ECB corporate bond buying plans lift stocks, hurt euro  Reuters
'No indication of turbulence' ahead of bank stress test  Deutsche Welle
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Is The US Finally Accelerating A Move To Chip And Pin?
US President Barack Obama has signed an executive order demanding that US government bodies make the move move to chip and pin credit cards and terminals by January, replacing magnetic strip based technology.
Chip-and-PIN increases cybersecurity  The Hill (blog)
Senator Durbin Applauds Administration's Move To Increase Security & ...  eNews Park Forest
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