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U.S. markets news

Yuan Steady After IMF Decision; Asian Shares Rise
The Chinese yuan held steady after the International Monetary Fund included the currency in its reserve basket, while most Asian shares rose amid optimism for stimulus from Europe's central bank later this week.
China says will develop stable interest rate corridor  Reuters
The IMF and China's currency  Los Angeles Times
New York Times  
Morgan Stanley to Cut a Quarter of Bond, Currency Trading Jobs
Morgan Stanley MS 1.54 % plans to slash hundreds of jobs from its debt and currencies division, people familiar with the matter said, revealing that the Wall Street firm believes that a monthslong slump in trading revenue may persist.
Morgan Stanley to cut fixed income staff by 25%, reports say  Seeking Alpha
Morgan Stanley to cut up to 25% of fixed-income jobs  Economic Times
Target site crashes on Cyber Monday
Target's website crashed on Cyber Monday, one of the biggest shopping days of the year. The mega-retailer is offering 15% off every online order on Monday, along with 30% off select clothing, shoes and toys.
Target's website crashes on busy Cyber Monday  New York Post
High Traffic Takes Down Target Website on Cyber Monday (blog)
Samsung Replaces Mobile Chief as Smartphone Lead Dwindles
SEOUL, South Korea - Samsung is replacing its mobile president at Samsung Electronics for the first time in six years. The Samsung Group conglomerate said Tuesday that Koh Dongjin was promoted to president and will replace Shin Jong-kyun as the ...
Samsung Elec names new president for handset business  Reuters
Samsung Electronics Replaces Mobile Chief JK Shin  Wall Street Journal
Gates Leads Billionaires in $2 Billion Climate Investment
Bill Gates, the world's richest man, led a group of philanthropists in vowing to plow $2 billion into clean energy through personal investments and a new fund to be set up next year.
Bill Gates launches effort to disrupt energy sector with fund for green ...
UC joins Bill Gates' clean-energy coalition with $1-billion investment  Los Angeles Times
Cyber Monday Could Turn Out To Be Largest Online Sales Day in History: Adobe
This year's "Cyber Monday" is set to be the biggest online shopping day in history, Adobe predicts. With data from thousands of retailers still flowing in, the company believes Monday's total online spending will be $2.98 billion.
Target and PayPal sites report problems on Cyber Monday  The Seattle Times
Target website stumbles on Cyber Monday, rivals out of stock  Reuters Canada
Anti-obesity group says it is disbanding after emails show involvement with Coke
NEW YORK, N.Y. - A non-profit funded by the Coca-Cola Co. to combat obesity said it is disbanding following revelations about the beverage maker's involvement with the group.
Coca-Cola Workers Strike After Talks Fizzle Out  Daily Caller
Group funded by Coke to fight obesity disbanding
REFILE-UPDATE 1-China Nov Caixin factory activity shrinks for 9th month but at ...
(Refiles to fix spelling in first bullet point, first paragraph). * Factory activity contracts for 9th month, but pace of fall eases.
China's manufacturing PMI weakens to lowest in three years  Livemint
China official factory PMI at three-year low  Financial Express
US crude oil prices remain weak ahead of OPEC meeting
... * OPEC meets Friday in Vienna, expected to keep output high. * Hedge funds cut U.S. crude longs to 5-year lows. * Oversupply seen to last until mid-2016 - Morgan Stanley.
Crude Oil Prices Move Marginally Ahead of Opec Meeting  Wall Street Journal
Oil Bulls Brace for Repeat of OPEC's Bearish Blow at Meeting  Bloomberg
Amazon's Drones May Land in the Backyard
Assuming drone developers overcome the plethora of challenges in the way of package delivery, from regulators to battery life, another question has remained unanswered: Where will the unmanned vehicles land?
Amazon is ready for its drones to fly, but government isn't  The Boston Globe
Here's What Amazon's Drone Program Could Look Like  TIME