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U.S. markets news

Jobs report could sway Fed decision on rates
It could take a blockbuster payroll report Friday to nudge the Federal Reserve into raising interest rates this month, but after recent market turmoil, some economists say the Fed won't move even if the job gains are eye-popping.
Almond milk, SUV trims and more nuggets from the Beige Book  MarketWatch
The Impact Of Financial Market Volatility On Student Loans  Forbes
OCRegister  
Wall Street surges as turbulence becomes the norm
Wall Street stocks jumped almost 2 percent on Wednesday in the latest volatile session as investors weighed the impact of a stumbling Chinese economy and global market turmoil on the Federal Reserve's impending decision about when to raise interest ...
Stocks rebound: Dow jumps almost 300, Nasdaq surges 2.5%  USA TODAY
Wall Street posts healthy gain, ends two-day rout  ABC Online
Australian dollar bounces on US equities, China holiday
The Australian dollar has rebounded from a six-year low on the back of US share market strength and a Chinese national holiday. At 7am (AEST), the currency was trading at US70.39 cents, up from US70.24 cents yesterday.
Hockey remains upbeat despite steep economic slowdown  ABC Online
China's growth faces a huge hump  The Straits Times
LIRR: Delays continue but normal service possible by evening rush hour
The Long Island Rail Road is hoping to return to normal service in time for the evening commute after a major service disruption at the peak of the morning rush hour Wednesday.
LIRR delayed by Amtrak signal problems during morning commute  WABC-TV
Lannett Buys UCB's U.S. Generics Division for $1.23 Billion
Lannett Co. said it will acquire Kremers Urban Pharmaceuticals Inc., the U.S. generics unit of Belgian drugmaker UCB SA, for $1.23 billion, adding products for attention-deficit hyperactivity disorder and gastroesophageal reflux.
Philly's Lannett pays $1.23 billion for Belgian drugmakers' generics ...  Philly.com (blog)
Lannett To Acquire Kremers Urban Pharmaceuticals For $1.23 Billion  NorthcentralPa.com
Natalie Massenet, Net-a-Porter Founder, Announces Departure
LONDON - Natalie Massenet, the founder of Net-a-Porter and the woman who persuaded high fashion that it had a home online, is leaving the British luxury e-commerce group she built, just five months after announcing a merger with its Italian archrival, ...
The woman who invented luxury e-commerce as we know it is leaving her company  Quartz
Net-A-Porter founder quits, will not be on merged group's board  Reuters
Marissa can parent however she wants—as long as she sends one message to ...
Yahoo CEO Marissa Mayer intends to work through her latest pregnancy. Fine—just reassure workers that they have other options. Looks like I am one of the “armchair nannies” my colleague Dan Primack fretted about in his recent post, “Stop telling ...
Yahoo CEO Marissa Mayer's minimal maternity leave plan prompts dismay  The Guardian
Back off on Marissa Mayer's maternity leave  CNN
What could crimp Labor Day weekend travel
Americans are gearing up for summer's last hurrah as the nation heads into Labor Day weekend. AAA is estimating about 35.5 million people will travel 50 miles or more from home during the holiday, the highest Labor Day weekend volume since 2008 and a ...
Labor Day weekend travel high, gas prices low  Kotatv
Cheap gas expected to lead to heavy Labor Day travel in Georgia, US  The Albany Herald
Brooks back in her old job
Brooks was found not guilty of conspiring to hack into phones, conspiring to bribe public officials for stories, and conspiring to pervert the course of justice following an eight-month trial.
Rebekah Brooks returns to lead News Corp's UK arm  The Australian
Rebekah Brooks's return hints at Murdoch's hatred of establishment  The Guardian
Sears Canada posts quarterly profit on lower costs
Sept 2 Canadian department store chain Sears Canada reported a quarterly profit, helped by lower costs and a one-time gain on sale of properties.
Sears Canada says Q2 was a 'turning point,' slide in store sales ...  Montreal Gazette
Sears Canada operating loss narrows on cost cuts  Reuters Canada