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U.S. markets news

McDonald's raising average worker wage to about $10 an hour
LOS ANGELES (Reuters) - McDonald's Corp (MCD.N) plans to raise the average pay of about 90,000 U.S. workers to around $10 an hour, but the increase will not benefit workers at the vast majority of the restaurants, because they are operated by ...
3 Problems McDonald's Has That Raising Wages Won't Solve  TheStreet.com
McDonald's to raise wages for 90000 US workers  Financial Times
Fox News Latino  
Low California snowpack ushers mandatory water restrictions
(CNN) The Golden State could soon refer to the hue of California's lawns. Gov. Jerry Brown on Wednesday imposed mandatory water restrictions for the first time on residents, businesses and farms, ordering cities and towns in the drought-ravaged state to ...
Governor Brown Issues First-Ever Mandatory Water Reductions as State Nears ...  Long Beach Post
California water mandates won't affect Southern Nevada rules  Las Vegas Review-Journal
SEC sanctions KBR for 'muzzling' whistle-blowers
In what is being called a landmark ruling for whistle-blowers, the Securities and Exchange Commission said Wednesday that one of the nation's largest government contractors used confidentiality agreements that had the potential to intimidate and �muzzle� ...
KBR pays $130K to settle SEC charges  USA TODAY
KBR to pay SEC penalty in whistleblower protection case  Reuters
Allegiant Pilots' Thursday Strike Plan Threatens 250 Flights
Pilots at Allegiant Airlines plan to walk off the job because they say the carrier hasn't complied with a court order to reverse a scheduling system change and restore other benefits.
Holiday Weekend Pilots' Strike Averted  CNNMoney
Allegiant pilots strike could leave Bozeman travelers stuck  The Bozeman Daily Chronicle
GoDaddy shares rise 31% on first day of trading
NEW YORK, NY - APRIL 01: The GoDaddy banner hangs outside of the New York Stock Exchange as the website hosting service makes its initial public offering (IPO) on April 1, 2015 in New York City.
GoDaddy's IPO Shares Surge in NYSE Debut  Wall Street Journal
$600 million of IPO success for GoDaddy  azcentral.com
GLOBAL MARKETS-Wall Street, dollar fall on economic worry; oil up
... * ADP data on U.S. private hiring below economists' forecasts * European shares close higher, except Greece * U.S. Treasuries up on bets on slower move by Fed on rates * Oil rallies after stock build data, as talks on Iran continue By Sinead Carew NEW ...
US STOCKS-Wall St falls after data; automakers decline  Daily Mail
GLOBAL MARKETS-Wall St, dollar fall after private jobs data, oil up  Reuters Africa
HSBC Monitor Says Bank''s Compliance Progress Too Slow -- Update
A U.S. independent monitor said HSBC Holdings PLC is moving too slowly to fix some of its compliance problems, a tough assessment that comes as the bank is grappling with other issues, including allegations it aided tax evasion.
HSBC 'Too Slow' To Reform After Money Laundering Allegations, Says ...  International Business Times
US says HSBC must do more to improve compliance  Reuters UK
UPDATE 8-Oil platform fire toll in Gulf of Mexico: 4 dead, 302 evacuated
(Adds details on fatalities, number of workers evacuated). By Ana Isabel Martinez. MEXICO CITY, April 1 (Reuters) - At least four people died after a fire broke out on an oil platform in the Gulf of Mexico early on Wednesday, leading to the evacuation of 302 ...
Pemex Diverts Crude to Other Facilities After Gulf Platform Fire  Bloomberg
Fire rages on Mexican oil rig; 4 workers killed  CNN
Simon pulls $16.8B offer for Macerich after rejection
Simon Property Group Inc. withdrew a $16.8 billion proposal to acquire Macerich Co. after the smaller mall owner rejected the sweetened takeover offer as too low.
Macerich and Sears Are Big Market Movers  New York Times
Simon's failed bid suggests REIT values still at a discount  Reuters
UPDATE 2-US CFTC sues Kraft, Mondelez over alleged wheat price manipulation
(Adds Mondelez comment). By Douwe Miedema and Anjali Athavaley. WASHINGTON, April 1 (Reuters) - The U.S. Commodity Futures Trading Commission on Wednesday charged Kraft Foods Group Inc and Mondelez International Inc with manipulation of ...
US regulators charge food giants Kraft, Mondelez with manipulation of wheat ...  Fox Business
Kraft accused of wheat price fixing  BBC News