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U.S. markets news

What's PayPal's First Solo Move?
PayPal's impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as Amazon.
Icahn scores another big win with PayPal spinoff  CBS News
EBay Bonds Fall After Disclosing Plan to Split Off PayPal  Businessweek
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Wall St ends down for day, month; indexes gain in quarter
NEW YORK (Reuters) - U.S. stocks slipped on Tuesday, dragged down by energy and materials shares as economic data disappointed. Major indexes also posted losses for the month, but ended the quarter with gains.
US Stocks Inch Lower  Wall Street Journal
Wall Street ends down for day, month; indexes gain in qtr  Buenos Aires Herald
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Market News: Ford Motor Company, eBay Inc, Move Inc
The stock markets in the United States declined again due to an unexpected decline in consumer confidence. The downward movement of the market was also impacted by the weakness of equities of small-cap and energy companies.
Wall St slides after US consumer confidence drops  New Zealand Herald
US consumer confidence slides in September  State Journal
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Study: $1B in recreation spending on western US lands with sagebrush habitat ...
RENO, Nev. - Visitors to federal rangelands with significant tracts of sagebrush pumped about $1 billion into the economy in 11 Western states last year, according to a study released Tuesday by advocates of protecting sage grouse across the region.
Sagebrush habitat fuels $1B in recreation spending  Reno Gazette Journal
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Illicit drugs and prostitution bolster Britain's economy by �11 billion per annum ...
Britons spending on prostitution and illegal drugs bolsters the UK economy by as much as �11 billion per annum, newly published government figures suggest.
Britons spend more on drugs and prostitutes than beer and wine  Telegraph.co.uk
UK Economic Recovery: The Bonnet Shines But is the Engine Going to Break ...  International Business Times UK
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Dollar gain hits commodities; stocks drop for quarter
NEW YORK (Reuters) - The dollar advanced on Tuesday after weak euro zone inflation data for September heightened expectations of stimulus from the European Central Bank, while world stock markets recorded their largest quarterly drop in more than two ...
Italy's Economic Woes Highlight Dilemma for European Central Bank  Wall Street Journal
Euro Drops to Two-Year Low Amid Speculation on ECB  Businessweek
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Egan-Jones sides with Darden in Starboard proxy fight
Sept 30 (Reuters) - Advisory firm Egan-Jones Proxy Services on Tuesday recommended that Darden Restaurants Inc shareholders vote for the company's slate of board nominees at its annual meeting next week.
ISS and Glass Lewis Recommend For All Twelve of Starboard's Nominees For ...  CNNMoney
Olive Garden food flunks CNNMoney taste test  KTUU.com
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UPDATE 1-Pimco CEO says firm to expand equities business -CNBC
(Adds additional Ivascyn comments, details on Gross departure). NEW YORK, Sept 30 (Reuters) - Pimco intends to expand its equities business and there will be no difference in the firm's portfolio management following the departure of former Chief ...
This year at Pimco as measured in fund flows  MarketWatch
Pimco trustee assails exec's salary  Daily Pilot
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Reddit to share funding with users, may create its own cryptocurrency to do so
Reddit now has a $500 million valuation after closing on a $50 million Series B round of financing. While noteworthy in its own right, it pales in comparison to the fact that investors in this round have proposed to give 10 percent of their shares back to the ...
Reddit Raises $50 Million From Powerhouse Silicon Valley Investors  Wall Street Journal (blog)
Reddit Raises $50 Million, Promises To Share Stock With Community  Forbes
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News Corp. buying real etate listings site Move Inc.
News Corp., the publishing company controlled by Rupert Murdoch, agreed Tuesday to buy San Jose's Move Inc., an operator of real estate listings websites, for $950million in cash, as the newspaper publisher continues to branch out into new businesses.
With News Corp's realtor.com play, it's 'game on' as real ...  Inman.com
News Corp. Buys Move, Ups Online Real Estate Biz  MediaPost Communications
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