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U.S. markets news

Twitter to Cut Up to 8% of Workforce in Effort to Sharpen Focus
Jack Dorsey outlined job-cut plans a week after being named Twitter Inc.'s chief executive officer, saying the move is aimed at getting products out the door more swiftly.
Why Twitter Is Laying Off 8 Percent of Its Employees  ABC News
Twitter to Lay Off 336 Employees  Newsweek
AB InBev agrees to buy SABMiller: Inside the Bud-Miller superbrewery
The world's biggest brewer, Anheuser-Busch InBev (BUD), has agreed to buy its main rival SABMiller (SBMRY) for �68 billion ($104 billion).
What would a SABMiller takeover mean for drinkers?  BBC News
RPT-S.Africa's PIC says all SABMiller shareholders be treated equally  Reuters
Wall St. recovers but China concerns weigh
Wall Street recovered from earlier losses in muted trading on Tuesday, helped by a rise in health care stocks, but gains were constrained by renewed fears of slowing growth in China.
US Stocks Are Mixed as Investors Assess Earnings, Deals  New York Times
Dow inches higher as it looks to extend win streak to 8 sessions  USA TODAY
With EMC Deal, Dell Returns to Public Markets
On the surface, Dell's $67 billion buyout of EMC would seem to be all about going private. But this enormous tech deal also means the return of Dell to the public markets, just a few short years after the company fled them.
EMC to pay up to $2.5 billion to Dell if it opts for rival bid  Reuters
Massachusetts bemoans EMC buyout by (gasp) a Texas company  Fortune
Oil Trims Gains After IEA Warns Global Crude Glut Will Continue Into 2016
Oil prices briefly dipped into losses and have pared gains Tuesday after a top energy watchdog said the global crude glut—which has battered prices since last year—will continue into 2016.
Oil rebounds on technical support for US crude  Livemint
Oil market to be oversupplied into 2016, global energy agency says
Early Retirement of Pilgrim Plant Shows Market Reforms Too Slow in Coming
The Nuclear Energy Institute's president and chief executive officer, Marvin Fertel, made the following comments about Entergy Corp.
Massachusetts Nuclear Power Plant to Close by 2019  ABC News
UPDATE 1-Entergy to close Massachusetts Pilgrim nuclear plant by 2019  Reuters
GE to Sell Commercial Lending, Leasing Businesses to Wells Fargo
General Electric Co. GE 0.18 % agreed to sell a major chunk of its U.S. commercial lending business to Wells Fargo WFC -0.29 % & Co.
UPDATE 2-GE to sell $30 bln specialty finance business to Wells Fargo  Reuters
Last big chunk of GE Capital sold to Wells Fargo  Fortune
Abu Dhabi's Etihad Carrier Signs $700M Deal With IBM
DUBAI, United Arab Emirates - Abu Dhabi's Etihad Airways, one of the Arab Gulf region's largest carriers, has signed a $700 million deal with IBM to develop its security, mobile and analytics technology.
Etihad Hires IBM for Cloud-Based Technology in $700 Million Deal  Bloomberg
UAE's Etihad Airways signs $700 million deal with IBM  Times of India
Johnson & Johnson struggles to boost drug sales even as profits gain
Johnson & Johnson reported mixed third-quarter results. Johnson & Johnson, the world's biggest maker of health-care products, revealed weaker-than-expected drug sales even as profits gained in the third quarter, thanks to a lower tax rate.
Inside Johnson & Johnson's Earnings Beat  Bloomberg
J&J third-quarter sales miss mark, hurt by strong dollar  Reuters
A well-deserved Nobel
Economists are universally over the moon with the economics Nobel for Angus Deaton of Princeton University. Paul Krugman sums up why: Deaton's research is “dogged, careful empirical work at the micro level, tracking and making sense of individual ...
Sunstein: Nobel winner shows we're helping the wrong people  Salt Lake Tribune
Universities collecting top honour  New Zealand Herald