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U.S. markets news

FOREX-Yen rebounds modestly after BOJ stands pat on monetary policy
... * Yen rebounds against dollar, euro, Aussie. * BOJ saves its ammunition, opts to stand pat on policy. * Aussie stays on bullish footing, hits 3-week peak vs dollar.
Asian Shares Mostly Higher, Japan Muted on BOJ Decision  New York Times
Yen Advances as Bank of Japan Refrains From Adding to Stimulus  Bloomberg
VW CEO says recall to start in January, be completed end-2016
BERLIN Volkswagen (VOWG_p.DE) Chief Executive Matthias Mueller said in an interview with a German newspaper that the company would launch a recall for cars affected by its diesel emissions crisis in January and complete the fix by the end of next year.
Volkswagen Will Begin a Recall Of Scandal-Hit Cars in January, Says Its CEO  TIME
Volkswagen Sought a Green Seal for Its Diesel Cars  New York Times
Chips drive Samsung third-quarter operating profit
Shares in Samsung Electronics surged more than 6 per cent after the South Korean company's third-quarter profit guidance comfortably exceeded analyst forecasts, as strength in semiconductors offset weaker performance in smartphones.
Samsung's 3Q Profit Surges Thanks to Components, Weak Won  ABC News
Samsung Elec says Q3 profit likely up 79.8 pct, beating expectations  Reuters
Oil Prices Extend Gains on Lower US Production
Crude oil prices climbed higher in Asia trade Tuesday on signs of ebbing U.S. production and increasing willingness among the major oil producers to collectively jumpstart the market amid the prolonged price slump.
Cracks emerge in US oil boom  CNN
Could oil prices really shrink to… $20 per barrel?
US firms hold $2.1 trillion outside the tax net
The 500 largest American companies hold more than $2.1trn (€1.86trn) in accumulated profits offshore to avoid the US's 35pc corporate tax rate and would pay an estimated $620bn in US taxes if they repatriated the funds, according to a study released on ...
US firms stash $2.1tn overseas to skip tax at home  Venture Capital Post
US firms hold $2.1 trillion overseas to avoid taxes - study
American Apparel Filed For Bankruptcy; Is It Truly Over For The Made-In-The-U ...
American Apparel will shrink its debt to $120 million from $311 million after filing bankruptcy by swapping bonds for equity. Sign Up For Our Newsletter >>.
American Apparel files for bankruptcy, operations to continue  Bangor Daily News
American in Peril: NYSE Suspends Trading of American Apparel
FAA Proposes Big Fine for Drone Violations
The Federal Aviation Administration on Tuesday proposed a record $1.9 million fine against an aerial photography company, SkyPan International, for flying drones in crowded New York and Chicago airspace without permission.
Business Watch  Wall Street Journal
FAA Calls For Nearly $2 Million Fine Against Drone Company SkyPan  CBS Local
Peet's Buys Stumptown Coffee Roasters
Peet's Coffee & Tea gave the coffeescenti something to buzz about with the announcement on Tuesday that it was buying Stumptown Coffee Roasters, a high-end specialty coffee company that has developed a cult following.
Peet's Coffee & Tea is buying Stumptown Coffee Roasters  Los Angeles Times
Peet's Coffee & Tea to Buy Stumptown Coffee  Wall Street Journal
DuPont CEO Kullman steps down, veteran exec Breen named interim CEO
DuPont CEO Ellen Kullman is stepping down this month and will be replaced temporarily by board member and veteran U.S. executive Edward Breen, who oversaw the break-up of conglomerate Tyco International... By: Reuters | October 7, 2015 8:45 AM ...
DuPont CEO's sudden exit sparks breakup debate  USA TODAY
DuPont CEO departure buys time to appease Peltz  Channel News Asia
IMF lowers global forecast but steady China prediction bodes well for Australia
The International Monetary Fund (IMF) is downgrading its forecasts for the second time this year, but the good news for Australia is that its China outlook is steady.
Pakistan was not forced to sell Eurobond: IMF  The Express Tribune
IMF review downbeat as world economies remain sluggish  Irish Independent