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U.S. markets news

What Bank of America Did To Warrant a $17 Billion Penalty
It's the biggest settlement ever between a corporation and the U.S. government. Here's what it reveals about how bankers inflated the housing bubble.
Bank of America's $16 Billion Mortgage Settlement Less Painful Than It Looks  New York Times
Bank of America reaches record $17bn settlement over questionable mortgages  The Guardian
Reuters   Related articles »  
Family Dollar rejects takeover bid from rival Dollar General
Family Dollar rejected a takeover bid from dollar-store competitor Dollar General, saying it would be too hard for the deal to get approval from antitrust regulators.
Family Dollar Rejects Takeover Bid by Dollar General, Citing Antitrust Concerns  New York Times
Dollar General's $9B bid rejected by Family Dollar Stores  Gant Daily
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A four-day rally for U.S. stocks carried the S&P 500 index
A four-day rally for U.S. stocks carried the S&P 500 index to a fresh record on Thursday after a series of upbeat economic reports.
S&P 500 tops record  The Punch
US stocks: S&P 500 sets record close; Dow regains 17000  MarketWatch
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Asian Shares Inch Up, All Eyes on Jackson Hole
Asia stocks edged higher Friday, with a rally in U.S. stocks setting a positive tone, as investors looked to the forum of global central banker in Jackson Hole, Wyoming.
Asian stocks higher on US rally; Central bank summit eyed  CNBC
Fed Hawks in Air First as Symposium Starts: Jackson Hole Journal  Bloomberg
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Lessons learned from UPS Store breach
The security breach discovered at a few dozen franchises of the UPS Store, a subsidiary of United Parcel Service, provides a number of lessons for other retailers.
Colorado Included In UPS Retail Store Security Breach  CBS Local
Colorado customers part of UPS data theft  iStreet Research
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Home Depot Chooses Insider for Its New Chief Executive
With people as diverse as former President George W. Bush and the singer Shakira posting online videos of themselves dumping buckets of ice over their heads in the name of charity, the viral �Ice Bucket Challenge,� which continues to dominate social media ...
Home Depot names US retail head Craig Menear as CEO  Reuters
Home Depot names retail chief Menear as CEO  MarketWatch
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Gap's Margins Narrow Though Operating Expenses Drop
The San Francisco retailer operates the Banana Republic and Old Navy chains, along with its namesake stores. Bloomberg. Gap Inc. GPS +0.16% Gap Inc. U.S.
Gap profit tops estimates as Old Navy boosts sales  SFGate
US clothing store Gap to set up in India  BBC News
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eBay Stock Soars on Rumors of Possible PayPal Spinoff - Stocks in the News
eBay Inc. ( EBAY ) stock is almost up 5% following a report stating that the company could spin off its cash cow PayPal payments units as early as next year.
Do Sellers Care If eBay Spins off PayPal?  EcommerceBytes
eBay Stock Soars on Rumors of Possible PayPal Spinoff  Zacks.com
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US muni bond funds post $448.7 million in inflows: Lipper
(Reuters) - U.S. municipal bond funds reported $448.7 million of net inflows in the week ended Aug. 20, compared with $648.1 million in inflows in the previous week, according to data released by Lipper on Thursday.
Junk-Bond Funds Get $2.2 Billion in Biggest Inflow of '14  Businessweek
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Western companies on alert as Russia shuts down McDonald's restaurants
Russia has launched an investigation into dozens of McDonald's restaurants, in what looks like a tit-for-tat retaliation against American interests after the West imposed sanctions over Ukraine.
Russia raids McDonalds branches after closing stores  The Times (subscription)
Tit for Tat? McDonald's Shuttered in Moscow  Chicago Tribune
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