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U.S. markets news

New life for Crumbs cupcakes
Just days after a massive loan default and shutting all its stores, Crumbs Bake Shops is getting another shot at life. On Friday, an investment group offered to buy the Crumbs cupcake business as part of its bankruptcy filing.
Crumbs cupcake shops may be resurrected by local investor  Chicago Tribune
CNBC star Marcus Lemonis will buy Crumbs cupcake chain  New York Daily News
New York Times   Related articles »  
Commerce Department dumps on steel dumping
WASHINGTON - The U.S. Commerce Department evidently heard the SOS distress signal from the American ore and steel industries. The department ruled Friday that punitive duties can now be slapped on nine countries, including South Korea, because of ...
US imposes duties on steel pipe imports from South Korea  Bangkok Post
US Targets South Korea Over Steel  New York Times
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Head of US pension agency resigning
WASHINGTON (AP) - The federal agency that insures company pensions for more than 40 million Americans says its top official is resigning.
Joshua Gotbaum to Exit as Director of Federal Pension-Plan Agency  Wall Street Journal
PBGC director resigns  BenefitsPro
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General Motors Poaches Infiniti Chief De Nysschen To Revamp Cadillac
Johan de Nysschen, one of the global auto industry's boldest leaders, is on the move again, headed to Cadillac as its new president after he left the top post at Infiniti this week.
GM's Cadillac at a crossroads - again  Reuters
If YOU Were Johan de Nysschen What Would YOUR FIRST Actions As President ...
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Rate Debate Heats Up Among Fed Officials
Federal Reserve Chairwoman Janet Yellen will testify to Congress on Tuesday and Wednesday. Getty Images. A debate is intensifying among the Federal Reserve's regional bank presidents about whether to push interest rates up from zero sooner than ...
Endgame for World Cup, Fed Bond Buying  U.S. News & World Report (blog)
Rising bond yields point to rate rises  Financial Times
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Global stock indexes up slightly as Portugal fears ebb; oil down sharply
NEW YORK (Reuters) - Major global equities markets edged higher and the yen stabilized against the U.S. dollar on Friday as worries about Portugal's biggest bank ebbed, while oil prices dropped on easing concern about supply losses in the Middle East.
US dollar stable against euro  Ninemsn
Dollar stable vs euro as Portugal fears ease  Business Recorder
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Amazon asks FAA for permission to fly drones
FAA rules allow hobbyists to fly drones, like this small one in Middletown, Md. Amazon says it has been testing drone delivery indoors and in other countries.
US retailer wants to test-fly its new drones  The Nation
Amazon Asks FAA for Permission to Test Drones  Wall Street Journal
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Winning numbers drawn in 'Mega Millions' game
ATLANTA - The winning numbers in Friday evening's drawing of the �Mega Millions� game were: 09-13-30-35-69, Mega Ball: 10.
Mega Millions Lottery New Friday July 11th Drawing Totals and Scam Alert ...  Classicalite
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Lorillard gains amid merger negotiations
Continue reading below. Talks are underway that may lead to a merger of two of the biggest tobacco companies. A deal between Lorillard Inc. and Reynolds American Inc. would create a formidable number two rival to Altria Group, owner of Philip Morris, and ...
With Merger, Tobacco Takes On Technology  New York Times
Possible Merger of Tobacco Giants Raises Questions  Bloomberg
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Car-Hailing Service, Lyft, Postpones Its Debut in New York
Hours before it was to begin operating in Brooklyn and Queens on Friday, a car-hailing company that relies on drivers to use their own vehicles to carry passengers said it was delaying its New York debut, capping a day of legal tussles with city and state ...
Ride-sharing Lyft blocked from New York City  Boston Globe
Ride-sharer Lyft stalls out in NY  The News Journal
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