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U.S. markets news

IBM to transfer chip ops as revenue drops again
International Business Machines Corp. posted sharply lower earnings in its third quarter as sales fell across several divisions and the tech giant unveiled a deal to transfer its semiconductor operations to Globalfoundries Inc. "We are disappointed in our ...
IBM's Rometty defends bumpy financial ride as company shifts strategy  PCWorld
IBM Pays $1.5 Billion To Dump Loser Chip Unit  Top Tech News
The Daily Freeman   Related articles »  
GLOBAL MARKETS-Japanese stocks lead shares worldwide, IBM weighs on Dow
... * IBM quarterly results miss hits Dow. * Japanese shares surge on Japan pension fund news. * European stocks close lower on SAP profit warning.
IBM Slide Drags Dow Lower As S&P, Nasdaq Gain  Forbes
U.S. stocks inch higher amid earnings  MarketWatch
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Fed's Fisher: could see full employment, 2-pct inflation by 2015
SAN FRANCISCO Oct 20 (Reuters) - The U.S. economy could be fully recovered from the effects of the financial crisis and recession as early as next year, a top Federal Reserve official said, flagging the possibility the U.S.
Bullard Risks Ignoring Bullard With `Pessimistic Signal' on QE  Bloomberg
Higher Wages Are MIA in Fight over Global Growth  Wall Street Journal (blog)
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Historic Houston Club falls
The Houston Club building is imploded by commercial developer Skanska USA at 811 Rusk St. to make way for a 35-story 750,000 square-foot office space called Capitol Tower.
Implosion brings down historic Texas 'Houston Club' building  New York Daily News
Demolition crew razes downtown Houston building  Mount Pleasant Daily Tribune
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Canadian Pacific Railway ends merger talks with CSX
Oct 20 (Reuters) - Canadian Pacific Railway Ltd said on Monday that it had ended talks to buy CSX Corp and that the two companies planned no further discussions, sending shares of the No.
Canadian Pacific ends CSX railroad merger talks  Salt Lake Tribune
Canadian Pacific Pushes for Mergers After CSX Talks End  Businessweek
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Dollar flat against rivals on delayed rate-hike expectations
Eric Rosengren, president of the Federal Reserve Bank of Boston, said over the weekend that the Fed needs to be patient regarding a rate hike.
CURRENCIES: Dollar Flat Against Rivals On Delayed Rate-hike Expectations  NASDAQ
Federal Reserve Holds Steady Amid Market Volatility  Wall Street Journal
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Why Harold Hamm Isn't Worried About Plunging Oil Prices
Count Harold Hamm, the billionaire CEO of Continental Resources Continental Resources, as one oil man not worried about the plunge in crude prices to $82 a barrel.
Oil slips below $86 as oversupply concerns persist  BDlive
UPDATE 5-Oil slips below $86 on global oversupply  Reuters
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Marc Andreessen quits board of eBay after split with PayPal
has stepped down from the board of eBay in the wake of the company's decision to spin out its faster-growing PayPal payments processing business.
Marc Andreessen resigns from eBay board  Businessweek
Andreessen Exits EBay Board After Sparring With Icahn  Bloomberg
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Hiring Is Strong, Pay Raises Are Rare
WASHINGTON (October 20, 2014) A quarterly survey out Monday from the National Association for Business Economics finds that only 24 percent of companies increased wages and salaries in the July-September quarter, down from 43 percent in the ...
Growth Eases Slightly in Q3, NABE Survey Finds  Investor's Business Daily
Pay raises rarer despite strong US hiring, survey says  Greater Baton Rouge Business Report
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UPDATE 2-WTO says US has not complied with meat labelling ruling
(Adds U.S. reaction). GENEVA Oct 20 (Reuters) - The United States has not done enough to change its meat labelling rules after losing a World Trade Organization challenge brought by Mexico and Canada, the WTO said on Monday.
WTO again sides with Canada, Mexico on US COOL law
Canada scores major victory in COOL dispute  Calgary Herald
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