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U.S. markets news

Flight bans show skittishness over trouble spots
Delta Air Lines is canceling all flights to Israel until further notice, citing reports that a rocket landed near Tel Aviv's Ben Gurion Airport.
Hamas rocket attack triggers new air travel fears  Politico
Delta Suspends Flights to Israel, Cites Safety Concerns  NDTV
Toledo Blade   Related articles »  
Sullivan & Cromwell Has 'Unusual' CIT Deal Role: Business of Law
Three mergers and acquisitions powerhouses -- Cleary Gottlieb Steen & Hamilton LLP, Wachtell, Lipton, Rosen & Katz and Sullivan & Cromwell LLP -- worked on CIT Group Inc.'s proposed $3.4 billion acquisition of OneWest Bank parent IMB Holdco LLC.
CIT Group to buy Pasadena lender OneWest Bank  Los Angeles Times
CIT Group to buy OneWest Bank in $3.4 billion deal  San Gabriel Valley Tribune
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Sugar tax makes it to SF ballot in narrow vote
(07-22) 21:11 PDT SAN FRANCISCO -- San Franciscans will decide whether to levy a 2-cents-per-ounce tax on soda and other sugary beverages and spend the proceeds on health programs for children, after the Board of Supervisors in a narrow 6-4 vote ...
Soda tax advances to November ballot in San Francisco  Christian Science Monitor
Reality Check: San Francisco Soda Tax on November Ballot  NBC Bay Area
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Australian Inflation Accelerates in Policy Bind for RBA
Australia's core consumer prices gained more than economists forecast last quarter, sending the Australian dollar to its highest in two weeks and creating a hurdle to further monetary policy easing.
Australian dollar bounces back on CPI figures  Sydney Morning Herald
Australia's inflation rises 0.5% on-quarter in Q2  Channel News Asia
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Wall St ends higher on earnings, data; conflicts still eyed
Apple Inc reported third-quarter earnings that topped expectations, though revenue missed forecasts. Apple's stock initially fell in after-hours trading, though it subsequently turned higher, rising 0.3 percent to USD 95.
Asian Morning Briefing: US Stocks Rise on Data, Earnings  Wall Street Journal
Wall Street market report  BBC News
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Herbalife shares rise as Ackman attack fizzles
We've been in for the long term, and stock price movements have not affected our point of view," said Bill Ackman as Herbalife's stock price soared.
The 'Death Blow' to Herbalife Promised by William Ackman Falls Short ...  New York Times
How Many Distributors Get Rich From Herbalife?  Forbes
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Belo to sell Providence Journal to New Media
A.H. Belo Corp. has agreed to sell the Providence Journal newspaper and related assets for $46 million to New Media Investment Group Inc. The Providence Journal has a daily circulation of about 72,000 and about 96,000 on Sunday.
GateHouse Media parent to buy Providence Journal  Boston Globe
Providence Journal to be acquired by New Media Investment Group in $46 ...  The Providence Journal
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Comcast earns $2b billion on strength in cable business
Comcast said Tuesday that it should be big enough if its $45 billion deal for Time Warner Cable goes through and won't need to make any more major acquisitions, even as merger activity reaches a fevered pitch across the industry.
Comcast Lost 144000 Cable Subscribers Last Quarter. And They're Psyched ...  Slate Magazine (blog)
Comcast posts 14.8 percent quarterly profit jump
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Airports in east China face delays due to military exercises
BEIJING (Reuters) - Flights to and from Shanghai International Airport Co Ltd and 11 other airports in east China are facing major delays until mid-August due to military exercises, according to an official micro blog.
Chinese airlines ordered to cut flights for 'high frequency exercises'  Sydney Morning Herald
'Air Restriction' Cancels Over 200 Flights in China, More Expected  Chinatopix
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LinkedIn To Buy Bizo For $175 Mln
( - LinkedIn Corp. ( LNKD ), the world's largest online professional network, Tuesday said it agreed to buy Bizo, a business audience marketing start-up, for $175 million.
LinkedIn to buy ad tech company Bizo for $175M  SFGate
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