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U.S. markets news

Euro sags ahead of inflation test, Ukraine nerves weigh
LONDON (Reuters) - The euro was near a year low and on course for a fourth week of falls on Friday ahead of what was expected to be another stodgy euro zone inflation reading, and as tensions with Russia over Ukraine kept the region on edge.
European Markets Gain But Investors Remain Cautious  Wall Street Journal
European stocks rise ahead of key euro-zone inflation data  MarketWatch
Financial Times   Related articles »  
Malaysia Airlines to cut 6000 jobs, de-list in $1.9 billion restructuring
KUALA LUMPUR (Reuters) - Malaysia Airlines (MASM.KL), the country's loss-making flag carrier, will cut 30 percent of its workforce as part of a sweeping restructuring that will cost 6 billion ringgit ($1.90 billion), majority investor Khazanah Nasional [KHAZA.
Malaysia Airlines Revival Plan to Cost Up to $1.9 Billion  Wall Street Journal
Malaysia Airlines to Eliminate 6000 Jobs Amid Overhaul  Bloomberg
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Abercrombie & Fitch removing logo from clothing
Shares of Abercrombie & Fitch Co. fell Thursday after the retailer reported weak sales as more teens shop elsewhere. The company is trying to stock trendier clothing - and it turns out that means stripping off the once-prized Abercrombie logo.
Expensive fashion brands Abercrombie & Fitch and Hollister dumped by ...  The Independent
Here's Why Abercrombie & Fitch Is Ditching Its Logos  TIME
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US economy grew at brisk rate in 2d quarter
The US economy grew faster than first thought last quarter, the Commerce Department said Thursday, the latest in a series of signals that suggest a period of sustainable growth lies ahead.
Economy at brisk pace in 2nd quarter  Longview News-Journal
Economy grew at brisk 4.2% rate in Q2  Tribune-Review
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Instagram Like2Buy Merges Social Media and Shopping
Everything is available on social media these days, from food, to pets, to electronics, cars, and homes. No matter what your heart desires, you can find it on the Web.
New App Lets You Buy What You Like on Instagram and Drain Your Bank Account  SavingAdvice.com
New platform lets you buy what you 'like' on Instagram  Tech Times
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US economy emerges stronger in second quarter, GDP grew at 4.2 percent
The US economy recovered more stronglyin the second quarter with the country's gross domestic product (GDP) expanding at a 4.2 percent annual rate, rejecting all the previous estimations of slower pace, the Commerce Department said on Thursday.
US economy rebounds as demand drives growth  Gulf Daily News
America Accelerates As Growth Gallops At 4.2 Perecent  Forbes
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Wanda Group Joins Forces with Baidu and Tencent to Establish World's Biggest ...
SHENZHEN, China, Aug 29, 2014 (PR Newswire Europe via COMTEX) -- Wanda Group, Baidu and Tencent announced today at a signing ceremony held in Shenzhen, that they will establish the "Wanda E-commerce Company", a Hong Kong registered joint ...
Baidu and Tencent join Dalian Wanda in $814m China ecommerce deal  Financial Times
Tencent, Baidu And Wanda Form $814M Joint Venture To Take On Alibaba  TechCrunch
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Yen at 120 Seen Needed by UBS Wary of Weimar-Japan Redux
The new chief investment officer for Japan at UBS AG's wealth management division likens the nation to a man with $1.2 million in debt who is spending all his $53,000 salary and still borrowing $40,000 a year.
Japan's Troublesome IP, Inflation Data; SoftBank's Soft Rally  Barron's (blog)
Japan inflation rate unchanged at 3.3%  Hindu Business Line
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JPMorgan Probes Possible Security Breach
JPMorgan Chase says it is working with federal authorities to probe a possible cyber attack. America's largest bank came short of admitting its systems were hacked, but did say it was taking additional steps to safeguard sensitive or confidential data, even ...
US banking group says unaware of any 'significant' cyber attack  Reuters UK
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Fracking report clears way for California oil, gas leasing to resume
The Inglewood oil field in Culver City. The U.S. will resume oil and gas leasing in California after a new report found little scientific evidence that fracking harms the environment.
Feds to resume leasing for fracking in California  SFGate
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