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U.S. markets news

German business confidence drops again
BERLIN - German business confidence is down for a third month in a row amid ongoing concerns about the economic impact of the crises in Ukraine and Iraq.
Euro battling losses after poor German data  Reuters India
Geopolitical Tensions Weigh on German Economy, Data Suggest  Wall Street Journal
The Globe and Mail   Related articles »  
Amazon Foresees Half-Billion Dollar Loss In Next Three Months
Amazon reported a loss of US$126 million during the second quarter of the year, more than double than what the company projected it would lose.
Amazon posts $126m loss despite bumper revenue increase  Inquirer
Bezos pet projects blamed for huge losses in Q2 for Amazon  New York Post
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In China meat scandal, McDonald's Japan switches to Thai chicken, no nuggets ...
HONG KONG (Reuters) - McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it imported products from Shanghai Husi Food, the U.S.
McDonald's Japan Calls Foul on Chinese Chicken  Wall Street Journal
McDonald's Japan stops sourcing all chicken from China  The Globe and Mail
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Zillow Seen Dominating U.S. Home Searches With Trulia
A Zillow Inc. purchase of Trulia Inc. would create a dominant search website for U.S. house hunters, reshaping an online industry the companies helped popularize.
Online real estate giant Zillow in reported $2 billion bid for Trulia  San Jose Mercury News
Zillow in Talks to Buy Rival Trulia  Realty Today
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Wall Street ends flat on mixed earnings; S&P 500 at record
NEW YORK (Reuters) - U.S. stocks finished a quiet session mostly flat on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high.
Today's Dow Jones Industrial Average DJIA, Nasdaq, S&P 500 stock ...  Learning and Finance
Wall Street finishes flat on mixed earnings; S&P at record
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UPDATE 2-BSkyB to pay $8 billion to create Sky Europe
... * New company will have 20 million customers. * Will pay in cash, debt, placing of new shares. * Murdoch likely to use proceeds to pursue Time Warner (Adds detail, recasts).
Murdoch Consolidates European Pay-TV Assets Under BSkyB  Businessweek
BSkyB to Take Over Italian, German Pay TV Networks  ABC News
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Walmart US CEO Bill Simon Steps Down: Investors Should Be Concerned
Bill Simon is being replaced by CEO of Walmart China, Greg Foran. This can add to Walmart US' existing problem of lower comparable sales.
Wal-Mart names new CEO of US discount division  Worcester Telegram
Walmart taps Greg Foran to head its US stores  New York Post
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David vs. Goliath: Family feud leads to workers' revolt at supermarket chain
WEST BRIDGEWATER, Mass. -- It's been called a David vs. Goliath story, a "Tale of Two Arthurs" and even the "ultimate Greek tragedy," but the characters in this drama are not Biblical or literary figures.
Strikes and boycotts support an ousted CEO
Let the market decide  Foster's Daily Democrat
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Pocket money squeezed despite recovery, suggests Halifax survey
The economic recovery in the UK has not been felt by youngsters who have seen their pocket money fall in the last year, a survey suggests.
UK economy grows 0.8 pct to reach pre-crisis size  SFGate
GDP surpasses pre-recession high as economic growth hits 0.8%  The Guardian
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UBS Said to Sell Notes to Benefit From HK-Shanghai Link
UBS AG (UBSN), the world's largest wealth manager, is marketing structured notes that seek to benefit from price differences between Hong Kong and Shanghai-traded shares of Chinese companies with dual listings when the markets link up later this year, ...
China CSI index posts best week in 10 months, helped by cross-border trading ...  Reuters
On China Transcript: Hong Kong  CNN
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