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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
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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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Target, Macy's Sue MasterCard, Visa Over Card Swipe Fees
Target Corp. (TGT) and Macy's Inc. (M) joined with 15 other retailers in suing Visa Inc. and MasterCard Inc. (MA) over credit-card and debit-card fees after dropping out of a multibillion-dollar settlement of a similar case.
Troubled Visa Settlement Takes Another Hit As Retailers File Own Suit  Forbes
Large US retailers sue Visa, MasterCard over card fees  Reuters
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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. Board Approves Split
News Corp .'s board approved the company's separation into two publicly traded entities, moving a step closer to splitting its entertainment businesses from the publishing division.
News Corp to split in two on 28 June  BBC News
News Corp 'poison pill' share plan to protect empire's dept  Moneycontrol.com
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Yahoo! joins the $1B hunt for Hulu
Yahoo! has jumped into the bidding for Web video destination Hulu, The Post has learned. Sources close to the process say the bid from Yahoo!
Yahoo joins growing list of bidders for Hulu: sources  Reuters
Report: Yahoo, Pay-TV Operators Among Hulu Bidders  ABC News
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Japan PM Shinzo Abe in Burma for economic talks
Japanese PM Shinzo Abe is in Burma on the first visit by a Japanese head of government since 1977. A business delegation is accompaningy Mr Abe, who is keen to strengthen economic ties with Burma.
Singing the Abe Electric  Wall Street Journal
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.
Tudor's Jones Apologizes for Remarks on Female Traders  Bloomberg
Sorry Paul Tudor Jones: It's Male � Not Female � Traders We Should Be ...  TIME
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Euro Gains Second Day Versus Dollar on German Ifo; Yen Advances
The euro strengthened for a second day against the dollar after an industry report showed German business confidence unexpectedly increased in May, adding to optimism the region's biggest economy is improving.
German business morale rises more than expected in May  Reuters
Germany Q1 GDP Growth Confirmed At 0.1%  RTT News
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ISTA To Pay $34 Mln To Resolve Charges Against Misbranding Xibrom
(RTTNews.com) - Global eye health company, Bausch & Lomb Friday said that its subsidiary ISTA Pharmaceuticals, Inc.,(ISTA) has agreed to pay about $34 million to resolve charges against it for introducing its anti-inflammatory Xibrom for unauthorized uses ...
Bausch & Lomb Said to Be Near $9 Billion Sale to Valeant  New York Times
Warburg Would Get Threefold Return in Bausch Transaction  Bloomberg
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