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U.S. markets news

BofA Settlement Earmarks $7 Billion for Homeowners
The relief to be provided by Bank of America includes reductions in mortgage principal and monthly payments for consumers struggling to hold onto their homes, funds to take over and tear down derelict housing and assistance for building or refurbishing ...
UPDATE 1-New York, California reap mini-bonanza from Bank of America ...  Reuters
BofA Resolves Mortgage-Bond Probes in Record $16.65B Settlement  Fox Business
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Family Dollar 'discounts' rival Dollar General's $9 billion takeover bid
Family Dollar has an answer to Dollar General's bid to buy the struggling discount retailer: Buck off! The proposed $9 billion offer this week by Dollar General for its smaller rival was turned down Thursday, with Family Dollar saying the deal probably wouldn't ...
Dollar General won't back off Family Dollar acquisition  News & Observer
UPDATE 4-Family Dollar spurns Dollar General bid on antitrust concerns  Reuters
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Japan's factories get busier, but service sector still gloomy
TOKYO - Japan's manufacturing activity has picked up pace, driven by growth in new orders from both domestic and export customers, but sentiment in the service sector soured for a second straight month, reflecting a patchy economic recovery after April's ...
China factory growth at 3-month low  THE BUSINESS TIMES (subscription)
Mainland factory sector growth hits 3-month low  South China Morning Post (subscription)
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Janet Yellen to see Jackson Hole return to wonky roots
There will be no Wall Street economists in the audience when Janet Yellen addresses the Kansas City Fed's annual Jackson Hole conference for the first time as chairwoman of the Federal Reserve.
Who's Who on Guest List of Fed Symposium: Jackson Hole Journal  Businessweek
US stocks up on data, hopes for dovish Yellen speech; Dow rises 0.36%  NASDAQ
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Nestle announces new animal welfare standards
Nestle will require suppliers to provide more space for farm animals, minimize pain in veterinary practices and welcome independent auditors.
Food Giant Nestl´┐Ż Tackles Animal Cruelty on Factory Farms  TakePart
Nestle bolsters animal welfare rules  TheChronicleHerald.ca
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UPS data breach: Another one bites the dust
What can brown do for you? If you're one of the unlucky customers, the answer might be that brown can compromise your credit card information.
Sapulpa UPS Store included in widespread data breach  KRMG
Local UPS store affected by hack  WSMV Nashville
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S&P 500 approaches 2000
NEW YORK - Optimism that the Federal Reserve is committed to supporting a strengthening economy sent the Standard & Poor's 500 index to an all-time high and within eight points of the 2,000 milestone on Thursday.
US stocks: S&P 500 sets record close; Dow regains 17000  MarketWatch
S&P 500 soars to record high, Dow Jones rises after positive reports on ...  New York Daily News
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JPMorgan customers targeted by unusual scam
Fraudsters are targeting JPMorgan Chase customers in an email "phishing'' campaign that is unusual because it attempts to collect credentials for that bank and also infect PCs with a virus for stealing passwords from other institutions.
JPMorgan customers targeted in e-mail phishing campaign  Toronto Sun
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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 Unemployment Benefits Claims Drop 14000, But Latino-Populated States ...  Latin Post
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Existing Home Sales Hit High 2014 Mark in July
Existing-home sales increased in July to their highest annual pace of the year, and the ongoing decline in distressed sales reached an important milestone, according to the National Association of Realtors.
US housing rebound: 'Distressed' share of home sales falls to 9 percent  Christian Science Monitor
Home Sales Rise By Surprise As Properties Hit Market MDC RYL FMCC  Investor's Business Daily
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