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U.S. markets news

BofA admits to post-crisis mortgage failures as part of settlement
NEW YORK Aug 21 (Reuters) - Bank of America Corp has long argued to enforcement officials that it was being forced to pay for the sins of companies it acquired in the crisis, but on Thursday the bank admitted at least some of its mortgage problems ...
Homeowner help remains elusive in $16.5bn Bank of America fine  The Guardian
Feds Announce Record Settlement With Bank Of America, Creating Tax Fund ...  Forbes
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S&P 500 sets record close on signs of healthier economy
NEW YORK (Reuters) - U.S. stocks ended higher on Thursday, with the S&P 500 at a record after a flurry of positive economic data, as investors hoped for signs from an annual meeting of central bankers that interest-rate hikes are not imminent.
Yellen returns Jackson Hole to wonky roots  Financial Times
Fed hawks and doves start to sound more alike  CNBC
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Dollar General won't back off Family Dollar acquisition
Dollar General said Thursday that it won't back off its attempt to buy Family Dollar, after the Matthews-based retailer rejected its bid and stuck with plans to be acquired instead by Dollar Tree.
Family Dollar spurns offer by Dollar General  Buffalo News
Family Dollar discount store rejects Dollar General takeover bid  Financial Times
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Home Depot Announces New CEO, Frank Blake To Stay On As Chairman
Handyman haven Home Depot Home Depot announced Thursday that longtime CEO Frank Blake will step down on November 1. He will be replaced by Craig Menear, the company's current U.S.
How Will Home Depot (HD) Stock React To Naming of New CEO?  TheStreet.com
Home Depot Names Craig Menear to Succeed Blake as CEO  Bloomberg
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Local UPS store affected by hack
The UPS Store in Brentwood is one of 51 stores in 24 states where names, addresses, email addresses, and credit and debit card information was compromised.
UPS Store Breaches  WLOS
UPS discovers consumer data breach  Bay News 9
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China manufacturing hits three-month low: HSBC
BEIJING--Factory activity in China weakened in August to a three-month low according to a closely watched manufacturing index, undercutting momentum as the world's second-largest economy struggles to find its feet.
Japan's factories get busier, but service sector still gloomy  TODAYonline
GLOBAL ECONOMY-Business growth slows in China and Europe, but faster in US  Reuters
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US stocks: S&P 500 sets record close; Dow regains 17000
NEW YORK (MarketWatch)´┐ŻU.S. stocks advanced Thursday, with the S&P 500 logging its fourth straight daily gain and closing at a record high.
Another S&P Closing High -- Do Traders Have a Sense of Capitulation?  TheStreet.com
S&P 500 closes at record high, Dow above 17000  USA TODAY
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Nestle USA Signs Animal Pledge
Nestle USA pledged on Thursday to improve the welfare of the farm animals in its supply chain by implementing stricter standards on its 7,300 suppliers.
Nestle announces new animal welfare standards  Los Angeles Times
Nestle bolsters animal welfare rules  TheChronicleHerald.ca
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NY Judge Scolds Argentina, but No Contempt Order
A federal judge in Manhattan on Thursday said Argentina's plans to evade his orders by failing to make required payments to U.S.
US Judge Fails to Find Contempt in Argentina Bond Case  Fox Business
US Judge Says Argentina's Debt Swap Proposal Is Illegal  Wall Street Journal
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Applications for US unemployment aid fall to 298000
WASHINGTON - Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving. The Labor Department said Thursday that weekly claims for jobless aid fell 14,000 last week to a seasonally adjusted 298,000.
Fewer Jobless Claims Filed Last Week  WDTV
US jobless claims fall, bolster labor market outlook  Reuters
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