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U.S. markets news

Amazon's Ambitious Bets Pile Up, and Its Losses Swell
Jeffrey P. Bezos, Amazon's founder and chief executive, during an event in June to announce the Fire smartphone. Credit David Ryder/Getty Images.
Amazon's heavy investing eats into bottom line, shares drop  Reuters
Amazon reports $126m quarterly loss  BBC News
Bloomberg   Related articles »  
Limiting mergers abroad: Obama targets corporate tax loophole
President Barack Obama speaks about the economy at the Los Angeles Trade-Technical College in Los Angeles, Thursday, July 24, 2014, on the final day of his three-day West Coast trip.
Obama to Conclude LA Trip Today, Spoke at Democratic National Committee ...  Westside Today
Obama urges Congress to tackle tax loopholes  CBS News
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China Meat Scare Adds Foreign Suppliers to Food Worries
China is suffering through yet another food-safety scandal, and this time even the foreign-owned suppliers are under the microscope.
Anything Goes in China's Food System  New York Times
McDonald's suspends sale of chicken nuggets and other items in Hong Kong  Reuters
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GM posts small profit despite recall expenses
Workers build SUVs at a General Motors plant in March. (Kye R. Lee, McClatchy News Service). By Jerry Hirsch contact the reporter · Automotive IndustryEconomy, Business and FinanceEarnings ForecastsHighway and Road DisastersGeneral MotorsProduct ...
Ford, GM face volatility in Russia as economy weakens  Detroit Free Press
Five lessons from GM's and Ford's Q2 earnings  USA TODAY
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Asia stocks mostly higher on S&P 500 record close
Asian equity markets were mostly higher on the final trading day of the week following another record close for the S&P 500 overnight.
US STOCKS-Wall St ends flat on mixed earnings; S&P 500 at record  Reuters
S&P 500 Extends Record as Facebook Jumps; Treasuries Drop  Bloomberg
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Walmart chief executive Bill Simon stepping down
EXECUTIVES. Walmart CEO steps down. The chief executive of Walmart's U.S. division is leaving the company and will be replaced by the head of its Asian division, the company said Thursday.
Wal-Mart's US chief executive is stepping down  Los Angeles Times
Wal-Mart's New US Chief Facing Empty Shelves, Grumpy Shoppers  Businessweek
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UPDATE 2-Starbucks sales in Americas region up slightly more than expected
(Adds details from call, executive comment). July 24 (Reuters) - Starbucks Corp on Thursday said quarterly sales at established stores in its dominant Americas region grew a somewhat stronger-than-expected 6 percent, including a 7 percent rise for the ...
Starbucks sales in Americas region up slightly more than expected  Chicago Tribune
Starbucks Profit Beats Estimates After Food Menu Boost Sales  Businessweek
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Japan consumer inflation eases in June as weak yen impact fades
TOKYO (Reuters) - Japan's core consumer inflation eased slightly in the year to June as an increase in import costs from a weak yen faded, highlighting the challenges the central bank faces in meeting its 2 percent inflation target sometime next year.
Slower Japan Inflation in June Highlights BOJ Reflation Task  Bloomberg
Japan's inflation rate slows for second month  MarketWatch
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UPDATE 2-Zillow in talks to buy rival real-estate website Trulia-sources
(Updates share prices, changes sourcing). By Soyoung Kim and Liana B. Baker. NEW YORK, July 24 (Reuters) - U.S. real estate website operator Zillow Inc is in advanced talks to buy smaller rival Trulia Inc, according to people familiar with the matter.
Online real estate giant Zillow in reported $2 billion bid for Trulia  San Jose Mercury News
Zillow and Trulia are reportedly near merger agreement  Los Angeles Times
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FOREX-Euro firms on upbeat business data, NZ dollar sags
... * Euro steadies on PMI data after hitting 8-month low vs dlr. * More Russian sanctions may renew pressure on euro. * Drop in jobless claims buoys greenback versus yen.
Euro firms on upbeat business data, NZ dollar sags  Reuters India
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