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U.S. markets news

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.
This week's data should tell whether Fed is ready to take the plunge  CNBC
Yellen: Rate hike in coming months would be "appropriate"  CBS News
Wall Street Journal  
Viacom CEO Gets June Hearing in Lawsuit Over Redstone Trust
A Massachusetts judge has granted the request from Viacom Inc. VIA 5.91 % Chief Executive Philippe Dauman and board member George Abrams for a speedy hearing in their legal battle with Shari Redstone, the daughter of Viacom's controlling shareholder ...
Redstone Says He's Weighing Changes to Viacom's Leadership  Bloomberg
Sumner Redstone suggests he could oust Viacom board, CEO  Reuters
IRS scam suspects conned victims in at least 21 states
Suspects charged this week in an IRS impersonation scam traveled the country, using dozens of fake names and identifications and collecting millions of dollars in payments wired by unwitting victims from at least 21 states.
IRS Warns of New Scam Involving Bogus Student Tax  Accounting Today
New twist to IRS scam costing Ohioans thousands  Norwalk Reflector
Verizon, striking unions reach tentative agreement
Members of the Communications Workers of America picket in front of Verizon Communications Inc. corporate offices during a strike in New York City on April 13, 2016.
Verizon Gets Deal in Principle to End Landline Worker Strike  Bloomberg
Verizon and unions reach tentative deal to end strike  Reuters
Who were the Top 10 highest-paid CEOs for 2015?
(AP) Here are the 10 highest-paid CEOs for 2015, as calculated by The Associated Press and Equilar, an executive data firm. Dara Khosrowshahi, Expedia, $94.6 million, up 881 percent.
CEO pay climbs again, even as their stock prices don't  New Pittsburgh Courier
Female CEOs See Pay Rise, But Numbers Remain Small  NewsFactor Network
Thermo Fisher Acquisition of FEI Brings "Terrific Complementarity" While FEI ...
Thermo Fisher will pay a 14% premium for the microscope manufacturer, which according to TheStreet's Jim Cramer is an excessive purchase price.
Thermo Fisher to buy Microscope-maker FEI for $4.2 billion  Standard-Examiner
Thermo Fisher Scientific acquires FEI Co. for $4.2 Billion  9NEWS.com
US raises first-quarter growth estimate to 0.8%
The US economy grew slightly faster in the first quarter of 2016 than originally thought, hitting a 0.8 percent annual pace, the Commerce Department said Friday.
The Economy vs. Earnings: Companies Aren't Winning  Wall Street Journal
US economy picking up steam—beyond the official data  CNBC
Analysis: Healthcare for All: The Unfinished Business of a Nation
Amid all of the partisan debate around the Affordable Care Act (ACA), it's easy to lose sight of the facts: more than 20 million Americans have access to health care coverage because of the Affordable Care Act.
The CO-OP Dream Is Over  Forbes
Bill provides for Missouri agency review of ACA rate hikes  Washington Times
Ulta Salon, Cosmetics & Fragrance Soars and Palo Alto Networks Inc. Falls as ...
After trading sideways for most of the session on Friday, stocks picked up in the afternoon to end with solid gains heading into the long weekend.
Cramer on Ulta Salon's Beautiful Q1 Results  TheStreet.com
Nomura Boosts Ulta Salon Price Target To $244, Says 15% Comp Lies On Another ...  Benzinga
Hercules Offshore to File for Chapter 11 Again, Hit by Oil Price Slump
Hercules Offshore Inc. HERO -47.42 % said it would again file for chapter 11, this time planning to liquidate as the ocean driller goes out of business amid the long swoon in oil prices.
Hercules Offshore to file for second bankruptcy, sell assets  FuelFix (blog)
Hercules Offshore to file for bankruptcy a second time  Reuters