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U.S. markets news

Asian shares fall for third day on global growth concerns
HONG KONG Asian shares fell for a third straight day on Wednesday as weak manufacturing reports from China, the United States and Europe fueled worries about slowing global growth, while the safe-haven Japanese yen firmed as investors unwound carry ...
MarketsChinese stocks in pre-parade march upwards  Financial Times
Chinese Shares Extend Their Drop After US Sell-Off  New York Times
Bloomberg  
F-150 sales in August vindicate Ford's pickup overhaul
It has taken a year, but inventories of the F-150 are approaching normal levels and Ford was rewarded with a 5% sales increase in F-Series sales in August, which contributed to a 6% hike in overall sales.
Ford and Fiat-Chrysler post surprising sales gains in August  Boston Globe
Ford and Chrysler sales rise in August as GM falls; Construction spending ...  Pittsburgh Post-Gazette
McDonald's All-Day Breakfast Set to Start on Oct. 6
McDonald's franchisees have voted to begin offering all-day breakfast on Oct. 6, a widely expected move that the company and investors hope will help reverse slumping sales and traffic.
McDonald's to begin rolling out all-day breakfast nationwide Oct. 6  Los Angeles Times
McDonald's to start all-day breakfast nationally on Oct. 6  USA TODAY
Judge grants class-action status to lawsuit by Uber drivers over employment ...
July 15: Uber driver Karim Amrani sits in his car parked near the San Francisco International Airport parking area in San Francisco.
Drivers' suit against Uber to move ahead  Boston Globe
Uber Drivers' Labor Lawsuit Granted Class Action Status In California  Huffington Post
IMF's Lagarde warns of spillover risks from recent volatility
JAKARTA Recent volatility in global financial markets shows how rapidly risks can spill over from one economy to the next, the managing director of the International Monetary Fund (IMF) said in Jakarta on Wednesday.
Emerging economies must be vigilant over China slowdown: IMF  Financial Express
Global growth will be weaker than expected this year says Lagarde  Irish Independent
Oil Retreats Below $45 as U.S. Stockpiles Seen Exacerbating Glut
Oil dropped below $45 a barrel before U.S. government data forecast to show crude stockpiles expanded in the world's biggest oil consumer.
Oil prices extend losses on US oil inventory, manufacturing data  Reuters
MarketsOil fever burns as WTI has 8% jump  Financial Times
Cumulative job cuts at ConocoPhillips to approach 15 percent
HOUSTON Stung by the worst downturn in oil in six years, crude producer ConocoPhillips said on Tuesday it will trim its current workforce by 10 percent in a second round of layoffs - only months after a first round of cuts reduced staff by 5 percent.
Price of Crude Oil Tumbles After Soaring for 3 Days  New York Times
ConocoPhillips to cut 10% of workforce  Sky News Australia
Albertsons faces $1 billion suit by Haggen over store sales
Albertsons Cos. has been sued for more than $1 billion by a West Coast regional grocer over claims the national chain illegally campaigned to stymie competition.
Haggen sues Albertsons for $1 billion over grocery deal  Charlotte Observer
Haggen sues Albertsons for $1 billion over big grocery deal  San Jose Mercury News
Oil volatility forces flurry of job cuts in Calgary
Calgary has already weathered months of oil patch staff reductions, capital spending cutbacks, dividend shrinkage and asset sales, all coping mechanisms to deal with the collapse in crude prices.
Penn West Petroleum (PWE) Stock Closes Down on Oil Prices, Cost Cuts  TheStreet.com
Penn West, ConocoPhillips cut over 900 oil and gas jobs, mostly in Calgary  Edmonton Journal
Australia Posts Slowest Quarterly Growth in Four Years
SYDNEY—Australia posted its slowest quarterly growth in four years in the second quarter, as fading investment in the mining sector and falling export revenue continued to put a brake on the economy.
GDP: growth slows to 0.2 per cent in June quarter, slowest rate in more than ...  Sydney Morning Herald
Australia's Economy Slows on Exports Slump as China Woes Bite  Bloomberg