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U.S. markets news

EBay to Spin Off PayPal, Adopting Strategy Backed by Icahn
Photo. PayPal was a focus of a battle between eBay and Mr. Icahn, who demanded a spinoff of the unit as a way to generate value for shareholders.
eBay to spin-off payments arm PayPal  Financial Times
eBay Announces Plan to Separate From Payments Unit PayPal  Bloomberg
CNNMoney   Related articles »  
Why the EU thinks Ireland is unlawfully helping Apple avoid billions in tax
The Irish government is accused of providing nearly a quarter of a century of unlawful state aid to Apple by making special deals that allowed it to avoid tax on billions in profits.
Brussels criticises Apple's Irish tax deals  Financial Times
EU to decry Apple's Irish tax deal  BBC News
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Stocks head for worst quarter since euro crisis, dollar soars
LONDON (Reuters) - A new trough in euro zone inflation pushed the euro to a two-year low on Tuesday, leaving the dollar on course for its biggest quarterly gain in six years and world stocks facing their largest drop since the peak of the euro crisis.
Europe Stocks Rise as Euro Extends Drop; Gold Declines  Bloomberg
Premarket: Global stocks head for worst quarter since euro crisis  The Globe and Mail
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UK economy grew 0.9% in second quarter, says ONS
UK economic growth has been revised up to 0.9% for the second quarter of the year by the Office for National Statistics (ONS), compared with a previous estimate of 0.8%.
UK GDP Grows 0.9% as Strength of Recovery Revised Up  Businessweek
UK revises up Q2 economic growth to 0.9 percent  Washington Post
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China Repeats Mortgage Rates, Ease Some Application Criteria
BEIJING (MNI) - China banking authorities reconfirmed minimal downpayment requirements for first-home purchases but eased some criteria on mortgages applying to one-apartment home owners, marking Beijing's fresh actions in a bid to stop the property ...
China eases home purchase restriction  Hong Kong Standard
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Bill Gross, Calpers and the End of the Investment Guru
There were two big developments last week that seemed unrelated but are really part of the same big story of how finance is changing.
Bill Gross Gets 'New Neutral' Endorsement on First Day at Janus  Businessweek
Morningstar Cuts Pimco Flagship Fund Rating To Bronze From Gold  Barron's (blog)
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News Corporation to Buy Move, a Real Estate Listings Site
Rupert Murdoch's News Corporation agreed on Tuesday to buy Move Inc., an operator of real estate listings websites, for $950 million in cash, as the newspaper publisher continues to branch out into new businesses.
UPDATE 1-News Corp to buy real estate website operator Move for $950 mln  Reuters
News Corp to Buy Online Real-Estate Business Move Inc. for $950 Million  Wall Street Journal
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Wall Street Seeking To Rebound Ahead Of Data
Trading in the U.S. index futures suggests that Wall Street stocks may open Tuesday's session higher following yesterday's retreat.
Global stocks mostly higher after after Wall Street declines, Hong Kong protests  Fox Business
Stocks: 4 things to know before the open  KPRC Houston
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How Not to Regulate
This past weekend's This American Life/ProPublica report confirms the worst of what many already suspected: The New York Fed has little independence from the industry it is supposed to control.
The Fed Is Even Afraid To Ask Goldman Sachs The Easy Questions  Huffington Post
Why you should ignore the 'Goldman tapes'  MarketWatch
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Supervalu gets hacked ... again
Supervalu, the grocery chain with thousands of stores, has been hit by a hacker ... again. The company said on Monday that a hacker installed malware, in either late August or early September, into the part of its computer network that processes card ...
Supermarket Reports Second Breach
Supervalu Reports Another Data Breach  Valley News Live
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