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U.S. markets news

IMF cuts global growth forecasts again, cites commodity and China worries
LIMA The International Monetary Fund cut its global growth forecasts for a second time this year on Tuesday, citing weak commodity prices and a slowdown in China and warned that policies aimed at increasing demand were needed.
IMF Downgrades Global Economic Outlook Again  Wall Street Journal
IMF Cuts Global Outlook as Commodity Slump Hits Emerging Markets  Bloomberg
ABC News  
Canada's Trade Deficit Deteriorates in August on Commodity Plunge
OTTAWA—Canada's trade balance with the rest of the world deteriorated sharply in August as a drop in commodity prices fueled a steep decline in exports.
US trade deficit widens to $48.3 billion in August  USA TODAY
US trade deficit widens as exports sag, imports from China surge  Reuters
VW under pressure for answers as emissions scandal deadlines loom
WOLFSBURG, Germany Hans Dieter Poetsch's first board meeting as chairman of Volkswagen on Wednesday could turn out to be his most important, coming just hours before a deadline set by German regulators and testimony by the company's top U.S.
New VW CEO tells staff to brace for 'massive cutbacks'  The Globe and Mail
Volkswagen Will Put Nonessential Projects, Investments Under Review  Wall Street Journal
Report: SABMiller rejects $100B bid to be acquired by Anheuser-Busch InBev
SABMiller, the London-based beverage and brewery company, rejected a $100 billion acquisition bid by Anheuser-Busch InBev, Bloomberg News reported Monday.
SABMiller rejects 'informal' offer from AB InBev as too low  Times LIVE
SABMiller rejects 'informal' offer from AB InBev as too low: Bloomberg  Reuters Africa
Twitter debuts Moments in bid for mainstream appeal
SAN FRANCISCO —Twitter wants to make it easier for everyone to catch up on what's happening. That's the promise of a new tab called Moments that, with a single tap, reveals the best and most relevant tweets from major events, say this week's deadly ...
Bits | Daily Report: Not One, but Two Companies for Jack Dorsey  New York Times (blog)
Twitter's Moments Geared to Reduce Newcomer Intimidation  Wall Street Journal (blog)
McDonald's Launches All-Day Breakfast
If you're craving a McDonald's Egg McMuffin for lunch, you can do that. And if you want one for dinner, you can now do that too.
McDonald's all-day breakfast starts today: Here's what to expect  Christian Science Monitor
The 2:00 pm Egg McMuffin is here  Seeking Alpha
UPDATE 3-OPEC sec-gen sees oil market improving, low price will not persist
... * Urges non-OPEC countries to help tackle surplus. * Non-OPEC countries invited to technical meeting on Oct. 21. * Sees oil market rebalancing within two years.
Oil Climbs to 1-Month High as Output Drop Seen Balancing Market  Bloomberg
Oil rises above $50 on profit-taking, OPEC comments  CNBC
Freeport says reviewing options for oil and gas business
Freeport-McMoRan Inc said it is reviewing strategic options for its oil and gas business, including a spinoff or a joint venture, a week after its biggest shareholder Carl Icahn said the energy and mining company was an example of a "golden" buying ...
Freeport-McMoRan Weighs Separation of Oil and Gas Unit  New York Times
Freeport-McMoRan considers exiting oil and gas business  Washington Post
Louisiana tribe sues BP over Gulf oil spill
Oct 6 -. A Louisiana Indian tribe has filed a lawsuit against BP PLC over the massive 2010 Gulf of Mexico oil spill, arguing the company is liable for damage to the tribe's cultural and natural resources.
BP to pay record $20.8 bln over Gulf of Mexico oil spill
$69 million in RESTORE to Escambia  Pensacola News Journal
EU states agree to share tax information on multinationals
LUXEMBOURG (AP) - The European Union's 28 finance ministers have agreed to share details of tax deals their countries reach with big multinational companies, in a move they hope will clamp down on aggressive tax avoidance.
EU Finance Ministers Agree Tax-Rulings Proposal  Nasdaq
EU agrees greater transparency on tax deals after LuxLeaks scandal  GlobalPost