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U.S. markets news

Amazon Loss Widens as CEO Alarms Investors With Spending
Jeff Bezos is testing the patience of investors after Amazon.com Inc. (AMZN) missed analysts' estimates for a second straight quarter, sending shares tumbling 10 percent.
Amazon shares sink as quarterly loss widens  The Seattle Times
Amazon's heavy investing eats into bottom line, shares drop  Sydney Morning Herald
Reuters   Related articles »  
Obama takes on 'corporate deserters,' steps up drive to close tax loophole
President Barack Obama speaks about the economy at the Los Angeles Trade-Technical College in Los Angeles, Thursday, July 24, 2014, on the final day of his three-day West Coast trip.
UPDATE 2-Obama rails against corporate maneuver to evade US taxes  Reuters Africa
Obama to corporations: Be an 'economic patriot,' stop using tax ...  Christian Science Monitor
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Slower Japan Inflation Highlights BOJ's Reflation Task: Economy
Japan's inflation slowed in June, highlighting the task Bank of Japan Governor Haruhiko Kuroda faces in reaching the bank's target.
UPDATE 3-Japan consumer inflation eases in June as weak yen impact fades  Reuters
BOJ Beat: Japan Price Target Looks Difficult  Wall Street Journal (blog)
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S&P 500 inches to new high ... but not 2000
The major gauges barely budged Thursday, but it was a big day for buyout rumors. The S&P 500 was only up about one point, but that was enough notch another all-time high.
S&P 500 Extends Record as Facebook Jumps; Treasuries Drop  Bloomberg
Stocks close mixed, but S&P extends record  Newsday
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McDonald's halts nuggets sales in Hong Kong
Fast food chain McDonald's has suspended sale of chicken nuggets and some other products in Hong Kong. It said it had imported chicken and pork from Shanghai Husi Food, the Chinese firm that allegedly supplied out of date meat to fast food firms.
Chicken off menu at McDonald's in Hong Kong after expired meat scandal ...  Fox News
McDonald's takes chicken off the menu in Hong Kong after food scandal  Telegraph.co.uk
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Ex-Woolworths executive Greg Foran to head WalMart US
Woolworths' former head of supermarkets, Greg Foran, who quit in 2011 after missing out on the top job, has been appointed president and chief executive of WalMart's US operations.
Wal-Mart's US fix-it man has never worked in the US  MarketWatch (blog)
Walmart names Kiwi as new CEO  TVNZ
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UPDATE 2-Zillow in talks to buy rival real-estate website Trulia-sources
(Updates share prices, changes sourcing). By Soyoung Kim and Liana B. Baker. NEW YORK, July 24 (Reuters) - U.S. real estate website operator Zillow Inc is in advanced talks to buy smaller rival Trulia Inc, according to people familiar with the matter.
Online real estate giant Zillow in reported $2 billion bid for Trulia  San Jose Mercury News
Zillow and Trulia are reportedly near merger agreement  Columbus CEO
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Impossible to determine cause of South Korea ferry businessman's death: agency
SEOUL (Reuters) - South Korea's forensic agency said on Friday it was impossible to determine the cause of death of a businessman linked to a ferry that sank and killed 304 people in April, deepening the mystery surrounding the final days of Korea's most ...
South Korea Ferry Owner's Decomposed Body Masks Cause of Death  Businessweek
South Korea ferry owner death cause 'unknown'  BBC News
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Starbucks Store Makeovers Are Boosting Profit Margins
NEW YORK (TheStreet) -- Starbucks (SBUX) aggressive store remodels are bolstering profit margins at the Seattle-based retailer. In an interview with TheStreet, Starbucks vice president of design for the Americas, Bill Sleeth, said the Starbucks store ...
UPDATE 2-Starbucks sales in Americas region up slightly more than expected  Reuters
Starbucks sells more coffee and reaps the rewards  Fortune
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Dollar, euro propped up by better economic data
TOKYO (Reuters) - The dollar held gains versus the yen on Friday and the euro stood steady after rebounding from an eight-month low against the greenback as data painted a brighter picture of the U.S.
Forex - Japanese yen, Aussie gain as CPI from Japan meets expectations  NASDAQ
FOREX-Dollar, euro propped up by better economic data  Reuters UK
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