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U.S. markets news

McDonald's Faces Shortage of Beef, Chicken at Some China Stores
Chinese consumers in outlets across northern and central China will have a limited menu as a result of supplier changes, a spokesman for the fast-food company said Monday.
China food crisis spreads to foreign brands  MarketWatch
No Burgers at Some China McDonald's Over Food Scare  NDTV
Businessweek   Related articles »  
Amazon faces threat of losing investors trust amid low profits Inc is facing a tough phase in the recent times amid disappointing quarterly results for more than a year now. The patience of its investors is also on test and the threat of break down is looming large.
Amazon loss widens as CEO Jeff Bezos alarms investors with pace of spending  Economic Times
Amazon's far-reaching ambitions, lack of profits, unnerve investors  Reuters
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China main share index jumps to 7-month high, Hong Kong climbs too
HONG KONG: China shares jumped to their highest since December on Monday, as banks surged after reports of the country's fifth-biggest bank by assets planning to seek more private investors, while Hong Kong markets were also pushed higher.
Bocom Jumps 9.9% in Shanghai on Private-Investment Plan Report  Businessweek
Asia-Pacific bourses extend rally  Financial Times
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Top Kiwi executive 'driven' to succeed
Ex-pat Kiwi Greg Foran has been named as head of Wal-Mart's US division. The famous son of the New Zealander taking the helm at retail giant Walmart says his dad was always driven to succeed, and instilled those values in his kids.
It's About Time: Walmart's US CEO Bill Simon Unexpectedly Stepping Down  Forbes
Walmart Names New President and CEO of US Division  wgowam
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Alan 'Ace' Greenberg, who remade Bear Stearns, dies at 86
Alan C. �Ace� Greenberg, who as chief executive officer of Bear Stearns Cos. transformed a small bond shop into the fifth-largest U.S.
Alan 'Ace' Greenberg, Wall Street titan, dies at 86  Daily Digest
Remembering Ace Greenberg, through good times and bad  Business Standard
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NYC Pension Funds Report 17.4% Gain as U.S. Stocks Soar
New York City's five pensions reported a 17.4 percent gain on investments for the fiscal year ended June 30, propelled by growth in U.S.
NY City pension funds return 17 pct in fiscal 2014  Reuters
Stringer: NYC pension funds at $160.5 billion  Glens Falls Post-Star
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MorphoSys H1 Profit Decreases; Re-confirms Guidance For 2014
MorphoSys AG (MPSYY.PK) reported earnings before interest and taxes (EBIT) from continued operations of 0.4 million euros for the six months ending 30 June 2014, compared to 17.3 million euros, a year ago.
MorphoSys AG Reports Results for the First Six Months of 2014  GlobeNewswire (press release)
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Obama could curb corporate 'inversions' on his own: ex-US official
WASHINGTON (Reuters) - President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S.
Obama Involves Ireland In 'Unpatriotic' Inversion Claim
Close the tax loophole on inversions  Washington Post
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BSkyB Unveils Plan For European Pay-TV Giant
The owner of Sky News has announced an ambitious plan to create a European pay-television giant that will more than treble the company's potential customer base.
Fox Bolsters Cash with BSkyB Deal  Wall Street Journal
Time Warner Said Seeking Faster HBO Growth Via Web Trial  Bloomberg
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Will resticting drones hurt research?
University and college professors are warning that US government restrictions on the use of small drones are likely to hurt academic research.
Professors object to FAA restrictions on drone use  Helena Independent Record
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