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U.S. markets news

AT&T Is in Advanced Talks to Acquire Time Warner
AT&T Inc. T -3.40 % is in advanced talks to acquire Time Warner Inc., TWX 7.33 % according to people familiar with the matter, a deal that would create a new hallmark in the rapidly converging realms of media, communications and the internet.
AT&T Is Said to Be in Advanced Merger Talks With Time Warner  New York Times
AT&T bids for Time Warner, 21st Century Fox not interested: sources  Reuters
BAT's Bid for Reynolds May Spur Final Wave of Big Tobacco M&A
British American Tobacco Plc's plan to buy Reynolds American Inc. could herald a final wave of industry consolidation as rivals will need to link up to compete with the world's largest listed tobacco company.
$47 billion offer to create world's biggest tobacco company  Chicago Tribune
British American Tobacco Will Need to Puff Up Reynolds Bid
McDonald's shares pop as investors cheer third-quarter beat
McDonald's shares jumped more than 2 percent Friday after it reported third-quarter earnings that topped Wall Street estimates, fueled by global same-store sales growth.
McDonald's turnaround revs up abroad as revenue beats estimates  Chicago Tribune
McDonald's Earnings Top Expectations  Wall Street Journal
California adds 30000 jobs as unemployment holds at 5.5%
California's unrelenting economy refused to slow in September, amassing another 30,000 new jobs even as more people seeking work opted into the labor market, according to state data released Friday.
Unemployment rates rose in 3 of 8 swing states last month  Chicago Tribune
Unemployment Fell in Nine of 12 Swing States From a Year Ago  Wall Street Journal (blog)
Jim Beam Employees Vote On New Contract As Strike Continues
Jim Beam employees voted Friday for the third time on a new contract proposal between their union and the whiskey maker. Two hundred and fifty employees voted on a new contract proposal Friday, after rejecting two previous proposals by the company in a ...
Jim Beam workers approve new contract  The Courier-Journal
Let's toast: Jim Beam strike ends with promise to expand  U.S. News & World Report
The Wall Street Journal is asking a 'substantial number' of staff to take ...
The Wall Street Journal is asking a "substantial number" of staff to take voluntary buyouts. Gerry Baker, editor in chief, just sent out a memo to staff, offering enhanced voluntary severance benefit.
The Wall Street Journal Offers Buyouts to News Employees  Wall Street Journal
Wall Street Journal seeks 'substantial number' of buyouts  CNNMoney
New York state cracks down on illegal Airbnb rentals
ALBANY, N.Y. (AP) - New York state enacted one of the nation's toughest restrictions on Airbnb on Friday with a new law authorizing fines of up to $7,500 for many short-term rentals.
Airbnb to file suit after Cuomo signs threatening bill  New York Daily News
Cuomo signs bill prohibiting Airbnb listings in NYC  Albany Times Union (blog)
Moody's Expects US to Sue Over Its Pre-Crisis Bond Ratings
The world's second-biggest ratings firm said Friday it expects the Justice Department to sue over bond grades it issued prior to the 2008 housing market collapse, setting up one of the industry's last crisis-related legal clashes.
Feds to sue Moody's over mortgage securities ratings  USA TODAY
Moody's Corporation Reports Results for Third Quarter 2016  Business Wire (press release)
Wall Street flat as Microsoft rallies
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 21, 2016. REUTERS/Brendan McDermid.
Dow, S&P slide on mixed earnings, strong dollar; telecoms fall nearly 2%  CNBC
MARKET SNAPSHOT: Dow Edges Lower As GE Results Outweigh Microsoft's Record
Bombardier to cut 7500 more jobs through 2018, most in rail
An employee works on a new regional transport train at the Bombardier plant in Crespin, near Valenciennes, northern France, October 17, 2016.
Bombardier to Cut 7500 Jobs Globally Over the Next 2 Years  U.S. News & World Report
Bombardier is cutting 7500 jobs through 2018  Business Insider