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U.S. markets news

Data shows Indian growth outstrips China's but economists doubtful
NEW DELHI India's economy grew faster than China's in the quarter through March, data showed on Friday, but a sharp downward revision for the previous quarter fuelled doubts about the accuracy of a new method used to measure economic activity.
Canada''s Economy Contracts in the First Quarter  Nasdaq
Arun Jaitley: India has potential to achieve double digit growth  Financial Express
Hindustan Times  
AmEx president dies suddenly after falling ill on flight
Gilligan's passing comes at a challenging time for American Express. Earlier this year, the company lost its exclusive relationship with Costco and lost a US antitrust suit.
American Express President Ed Gilligan dies on Plane  Uncover Michigan
American Express President Ed Gilligan Dies on Corporate Plane  Viral Global News
Good news: strong sales mean US car makers are set to accelerate
Automakers in the US, such as Ford and GM, are expected to come close to record levels of sales this month. Investors hope good numbers will lift the sector, which is currently languishing thanks to a poor showing in April as well as several embarrassing ...
Car Sales in May Could Trigger Ford, GM Rally on Wall Street  Modern Readers
Strong sales could shift Ford, GM to higher gear  Reuters
Greece open to compromise to seal deal this week - interior minister
ATHENS May 30 Greece's government is confident of reaching a deal with its creditors this week and is open to pushing back parts of its anti-austerity programme to make that happen, the country's interior minister said Saturday.
Greece Willing to Compromise to Secure Bailout Fund by the End of This Week ...  Benchmark Reporter
Greece will make a deal this week. Or else  National Monitor
Effects of potential Greek default for banks not clear: ECB's Constancio
SITGES, Spain The effects of a potential Greek default on the country's banks cannot yet be predicted, ECB vice president Vitor Constancio said on Saturday, stressing that he did not foresee a default.
Policies working, ECB must persist with purchase programmes - Constancio  The Fiscal Times
Comcast's failed TWC merger may blow up in its face… again
Comcast's decision to try to merge with Time Warner Cable last year might go down as one of the biggest strategic blunders of the decade.
What Does the Merger of Charter Communications (NASDAQ:CHTR) and Time ...  WallStreet.org
Charter Communications Rating Reiterated by Pivotal Research (CHTR)  WKRB News
Snapchat Raised $ 537 million in Latest Round of Equity Funding as the ...
Snapchat have reportedly raised more than $ 537 million in a new round of funding and can go up as high $ 650 million. The mobile messaging app, founded in 2011, has raised more than $ 848 million in total venture capital money so far.
Snapchat Scoops In Another $530 Million, Reaches a Staggering $16 Billion In ...  The Tech Portal
Snapchat raises $537.6m via common stock sale at $16bn valuation  International Business Times UK
LaGuardia Airport's slow-paced makeover process might speed up soon
In an announcement made on Thursday, the Port Authority of New York and New Jersey said that a development team has been selected to construct as well as manage a new main terminal at New York's LaGuardia Airport.
Flight from Reagan National has close call with drone  WTOP
NY-bound passenger jet reports near-miss with drone  Fox News
EPA's Move to Lower Ethanol Blending, A Retrograde Step for Renewable Fuel ...
Coming in wake of the June 1 deadline stipulated by a court order, the Obama Administration on Friday announced its proposal to lower the amount of renewable fuel, Ethanol to be blended into America's gasoline supply from the next year onwards.
Latest proposal for ethanol could have political fallout  Fayetteville Observer
Biofuels proposal disappoints Smith  North Platte Telegraph
Dollar Tree, district attorneys reach settlement over hazardous waste handling
LAKE COUNTY, Calif. - District attorney's offices around California - including Lake's - have reached a settlement with Dollar Tree Stores Inc. over environmental violations.
Dollar Tree Stores to pay $2.7 million for hazardous waste violations ...  Merced Sun-Star