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U.S. markets news

Ban on US flights to Israel was for safety of Americans: John Kerry
US Secretary of State John Kerry has told Israeli Prime Minister Benjamin Netanyahu that a temporary ban on US flights to Israel was mainly to ensure safety and security of American citizens.
Former New York mayor Bloomberg defies FAA ban, flies to Israel on El Al  Jerusalem Post
US Airways to resume Tel Aviv flights Thursday  Zee News
Christian Science Monitor   Related articles »  
GLOBAL MARKETS-Asia stocks rise as focus shifts from risk aversion, Aussie ...
... * MSCI Asia pushes to fresh three-year high after S&P 500 rises to record. * Aussie spikes higher on stronger-than-expected inflation data.
Asia Stocks Rise as Risk Aversion Wanes, Aussie Spikes  NDTV
GLOBAL MARKETS-Asia stocks rise as risk aversion wanes, Aussie spikes  Reuters Africa
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Thain Bounces Back as CIT Deal Masks Merrill Memories
Six years after John Thain became a central figure in the financial crisis with his shotgun sale of Merrill Lynch & Co., he's helping bring back bank deals.
CIT Group to buy Pasadena lender OneWest Bank  Los Angeles Times
CIT Group to buy OneWest Bank in $3.4 billion deal  San Gabriel Valley Tribune
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US SEC poised to adopt reforms for money market funds
WASHINGTON (Reuters) - U.S. regulators are expected to adopt rules on Wednesday that force "prime" money market funds used by large institutions to float their share price.
SEC to Vote on Controversial Money-Market Fund Overhaul  Wall Street Journal (blog)
SEC to adopt money fund regulations  Seeking Alpha
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Singapore Inflation Slows From 14-Month High
Singapore's consumer price inflation slowed more-than-expected in June from a 14-month high, data showed Wednesday. Inflation eased to 1.8 percent in June from a 14-month high of 2.7 percent seen in May, the Ministry of Trade and Industry and Monetary ...
Australian inflation meets expectations  MarketWatch
Aussie bonds dip on higher inflation  Ninemsn
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San Francisco Board of Supervisors to put sugar tax before voters
In November, San Francisco will vote on a measure to tax sugary drinks two pennies per ounce. Embed. <iframe width="476" height="270" src="http://abc7news.
San Francisco Soda Tax Added to November Ballot  NBC Bay Area
San Francisco To Vote On Soda Tax In November  SFist
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Five held in China food scandal probe, including head of Shanghai Husi Food
SHANGHAI (Reuters) - Shanghai police said on Wednesday they detained five people in an investigation into a Chinese-based supplier of foreign fast-food brands, including KFC, McDonald's Corp and coffee chain Starbucks Corp, over allegations the firm ...
China Detains 5 in Shanghai Husi Food Violations Probe  Wall Street Journal
Old meat scandal in China spreads  Independent Online
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UPDATE 1-Daimler underlying profit boosted by new models
... * Q2 underlying EBIT up 12 percent, above forecast. * Earnings lifted by new models such as the C-Class. * Daimler affirms 2014 outlook.
Daimler Quarterly Earnings Rise 12% on Sales of S-Class  Bloomberg
Daimler on 'profitable growth track' in Q2  USA TODAY
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Wall Street rejects Ackman's Herbalife 'death blow'
NEW YORK (Reuters) - Billionaire investor William Ackman's latest volley of accusations against Herbalife Ltd on Tuesday missed its mark on Wall Street, with investors sending the stock price soaring 25 percent.
Herbalife Rallies in Face of New Attack by Ackman  Wall Street Journal
Herbalife shares rise as Ackman attack fizzles  Los Angeles Times
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Comcast 2Q Earnings Top Views on Internet Hookups
Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
Comcast earns $2b billion on strength in cable business  Boston Globe
Comcast Lost 144000 Cable Subscribers Last Quarter. And They're Psyched ...  Slate Magazine (blog)
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