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U.S. markets news

Procter & Gamble changes leadership
A.G Lafley, president and CEO of Procter and Gamble, speaks at the companies annual shareholderes meeting, Tuesday, Oct. 11, 2005, in Cincinnati.
P&G Looks for Steve Jobs-Like Sequel by Recalling Ex-CEO  Bloomberg
P&G buoyed by return of Lafley  Financial Times
Wall Street Journal   Related articles »  
Visa, MasterCard Sue Interchange-Fee Settlement Drop Outs
Visa Inc. (V) and MasterCard Inc. (MA) sued trade groups and retailers that rejected a $7.25 billion settlement in a price-fixing suit and asked a court to rule that the card companies' fee practices weren't illegal.
Target, Macy's Sue MasterCard, Visa Over Card Swipe Fees  Businessweek
Large US retailers sue Visa, MasterCard over card fees  Reuters
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Orders for U.S. Durable Goods Rose More Than Forecast in April
Orders for U.S. durable goods increased more than forecast in April, indicating the world's largest economy will get a lift in the second half of the year as business investment strengthens.
Durable Orders Bounce Back, but Shipments Decline  Wall Street Journal
TABLE-US April durable goods orders rose 3.3 pct  Reuters
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Commentary: New rules un-COOL
As tougher Country of Origin Labeling (COOL) rules are set to be imposed by USDA, the immediate reaction from the industry is decidedly uncool.
'Zero' chance US will comply on COOL by deadline  Grainews
USDA Issues Final Rule Governing COOL  Hoosier Ag Today
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Jobless Claims Fall to 340000
WASHINGTON�The number of U.S. workers seeking new unemployment benefits fell last week by more than expected, another sign of slow improvement in the labor market.
US jobless claims drop more than expected last week  Reuters
Ahead of the Bell: US Unemployment Benefits  Businessweek
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News Corp to split in two on 28 June
News Corp has announced it will officially split its publishing and entertainment businesses on 28 June. Its board approved the separation into two firms, which will both be headed by the current chairman and chief executive Rupert Murdoch.
News Corp. Board Approves Split  Wall Street Journal
News Corp adopts 'poison pill' share plan to protect divisions  Financial Times
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McDonald's CEO Scolded By 9-Year-Old
Don Thompson, CEO of McDonald's Corp., found himself on the grill after a 9-year-old girl accused the fast food giant of trying to "trick kids into eating food that isn't good for them.
McDonald's CEO chastized by 9-year-old BC girl  CBC.ca
McDonald's defends on obesity concerns  Financial Times
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UnitedHealth, Aetna and Cigna opt out of California insurance exchange
Kaiser Permanente, Anthem Blue Cross and Blue Shield of California are all expected to participate in the state-run market for individual health coverage.
California Puts Tentative Price on Health Policies Under New Law  New York Times
California Outlines Health Premiums  Wall Street Journal
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Singing the Abe Electric
Japanese Prime Minister Shinzo Abe next month announces a major tranche of structural reforms, the so-called third arrow in his three-pronged plan to revive the economy.
Japan PM vows "all possible" help for Myanmar economy  Channel News Asia
Abe Heads to Myanmar as Japan Inc. Eyes Cheapest Wages in Asia  Bloomberg
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Paul Tudor Jones: In macro trading, babies are a 'killer' to a woman's focus
Paul Tudor Jones, the hedge fund billionaire, told an audience of University of Virginia students, alumni and others that it is difficult for mothers to be successful traders because connecting with a child is a focus �killer.
Sorry Paul Tudor Jones: It's Male � Not Female � Traders We Should Be ...  TIME
Hedge Fund Chief's UVA Comments on Women Spark Controversy  Businessweek
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