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U.S. markets news

Amazon shares sink as quarterly loss widens
The Web giant posted second-quarter revenue in line with expectations, while losses exceeded Wall Street projections. By Jay Greene.
Amazon Loss Widens as CEO Alarms Investors With Spending  Businessweek
Amazon shares fall with second-quarter loss
New York Times   Related articles »  
Obama takes on 'corporate deserters,' steps up drive to close tax loophole
President Barack Obama speaks about the economy at the Los Angeles Trade-Technical College in Los Angeles, Thursday, July 24, 2014, on the final day of his three-day West Coast trip.
Obama offers populist message on corporate taxes at end of fundraising trip  CNN (blog)
LA-bound Obama sticking to fundraising, event schedule amid protests  Los Angeles Times
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Slower Japan Inflation Highlights BOJ's Reflation Task: Economy
Japan's inflation slowed in June, highlighting the task Bank of Japan Governor Haruhiko Kuroda faces in reaching the bank's target.
UPDATE 3-Japan consumer inflation eases in June as weak yen impact fades  Reuters
Japan inflation eases in June, highlighting impact of sales tax, challenge ...  Fox Business
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US stocks end little changed after mixed news
NEW YORK (AP) - U.S. stocks are ending little changed after a day of mixed signals on corporate earnings and the economy. The Standard & Poor's 500 index rose less than one point, or 0.05 percent, to close at 1,897.98 Thursday, barely topping a record ...
S&P 500 inches to new high ... but not 2000  CNNMoney
S&P 500 Extends Record as Facebook Jumps; Treasuries Drop  Bloomberg
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China Week: Typhoons to tantrums
I've been chasing a tricky story this week - endless assignations with strangers in hotel rooms. (Don't ask´┐Ż it'll all become clear soon!
Chicken off menu at McDonald's in Hong Kong after expired meat scandal ...  Fox News
McDonald's takes chicken off the menu in Hong Kong after food scandal
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Ex-Woolworths executive Greg Foran to head WalMart US
Woolworths' former head of supermarkets, Greg Foran, who quit in 2011 after missing out on the top job, has been appointed president and chief executive of WalMart's US operations.
Wal-Mart's US fix-it man has never worked in the US  MarketWatch (blog)
Walmart names Kiwi as new CEO  TVNZ
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UPDATE 2-Zillow in talks to buy rival real-estate website Trulia-sources
(Updates share prices, changes sourcing). By Soyoung Kim and Liana B. Baker. NEW YORK, July 24 (Reuters) - U.S. real estate website operator Zillow Inc is in advanced talks to buy smaller rival Trulia Inc, according to people familiar with the matter.
Online real estate giant Zillow in reported $2 billion bid for Trulia  San Jose Mercury News
Zillow and Trulia are reportedly near merger agreement  Columbus CEO
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Starbucks Store Makeovers Are Boosting Profit Margins
NEW YORK (TheStreet) -- Starbucks (SBUX) aggressive store remodels are bolstering profit margins at the Seattle-based retailer. In an interview with TheStreet, Starbucks vice president of design for the Americas, Bill Sleeth, said the Starbucks store ...
Starbucks sells more coffee and reaps the rewards  Fortune
Starbucks Shares Fall Amid Concern That Profit Growth Will Ebb  Businessweek
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Impossible to determine cause of South Korea ferry businessman's death: agency
SEOUL (Reuters) - South Korea's forensic agency said on Friday it was impossible to determine the cause of death of a businessman linked to a ferry that sank and killed 304 people in April, deepening the mystery surrounding the final days of Korea's most ...
South Korea Ferry Owner's Decomposed Body Masks Cause of Death  Businessweek
S.Korea Lab Fails to Find out How Ferry Owner Died  ABC News
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Dollar, euro propped up by better economic data
TOKYO (Reuters) - The dollar held gains versus the yen on Friday and the euro stood steady after rebounding from an eight-month low against the greenback as data painted a brighter picture of the U.S.
Forex - Japanese yen, Aussie gain as CPI from Japan meets expectations  NASDAQ
FOREX-Dollar, euro propped up by better economic data  Reuters UK
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