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U.S. markets news

What would it take to put CBS and Viacom together again?
Sumner Redstone had his reasons when he split his media empire into two separate corporations a decade ago: He had two strong top executives whom he wanted to keep happy, and more than enough successful businesses to go around.
Who Got Rich This Week: Power Struggle Breeds Nine Digit Gain For Ailing ...  Forbes
Summer Redstone Says He's Weighing Changes to Viacom's Leadership  Newsmax
Yellen says Fed rate hike likely appropriate in coming months
CAMBRIDGE, Mass. The Federal Reserve should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated, U.S.
Yellen: Fed could raise rates  The DPost
US Stocks Close Higher After Yellen Talks Summer Rate Hike
Top CEO Pay Fell — Yes, Fell — in 2015
That's how much compensation Wells Fargo's chief executive, John G. Stumpf, was awarded last year, making him perfectly representative of the best-paid chief executives in the country.
CEO pay climbs again, even as their stock prices don't  Waterbury Republican American
Female CEOs See Pay Rise, But Numbers Remain Small  CIO Today
Pact ends Verizon's US strike
'IT'S OVER!' Verizon workers react to news that their union and Verizon have come to an agreement, ending the national strike.
Verizon reaches deal to end walkout
Verizon Gets Deal in Principle to End Landline Worker Strike  Bloomberg
Memorial Day Sales: Here's Where to Score Some Big Deals
It's Memorial Day weekend, which means it's time to hangout with family, fire up the grill, and, of course, get in on some serious sales!
Memorial Day Weekend: The Biggest Bargains Of 2016  Tech Times
16 best Memorial Day deals and discounts of 2016: NerdWallet  USA TODAY
Weekly U.S. Oil Rig Count: Some Rig Repositioning
The decline in domestic oil rigs resumed, with two rigs out of the count compared to last week. Total U.S. rig count remained flat with an increase of two natural gas rigs.
US oil drillers cut rigs despite price recovery -Baker Hughes  Reuters
Rig Report Breakdown: How Far Will the Baker Hughes Count Climb?
Massachusetts Moves Closer To Banning Plastic Shopping Bags
BOSTON (CBS) - “Paper or plastic?” may soon be a question of the past in Massachusetts. The state senate added a measure to their budget package on Thursday that would ban plastic bags from major retailers, the State House News Service reports.
Mass. Senate moves to ban plastic shopping bags  The Boston Globe
Retailers balk at push for ban on single-use plastic bags  Lowell Sun
Puerto Rico bill clears big hurdle, but resistance remains among some lawmakers
The last time Congress considered a debt-restructuring bill for Puerto Rico after lawmakers returned from a two-week recess, the measure died in committee.
Puerto Rico hotels focus on zika protection to provide guests worry-free ...  Caribbean News Now (press release) (blog)
How to Change Bankruptcy Law  The Weekly Standard (blog)
GM killing off its trusty Buick Verano compact car
General Motors has made it official: It is ending production of the Buick's midsize sedan. The well-regarded Verano compact will become the latest car model to disappear as consumers increasingly demand boxy SUVs and crossovers instead of conventional ...
Buick to end Verano production, sales in US  The Detroit News
GM to End Production of Buick Verano Before End of Year  Fortune
Local couple threatened by scam share their story to warn others
Lloyd Johnson is just one of the many who fell victim to a scam when he got a terrifying message on his answering machine. "I was real scared," said Johnson.
Lumberton police, IRS warn of widespread tax scam  Winston-Salem Journal