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U.S. markets news

Herbalife in advanced talks to settle FTC probe, issues remain
Herbalife Ltd (HLF.N), which has been accused by billionaire investor William Ackman of being a fraud, said it was in advanced talks with the U.S.
Herbalife Soars After Saying It's Close to FTC Resolution  Bloomberg
Herbalife jumps as first-quarter results beat Wall Street's expectations  MarketWatch
Wall Street Journal  
Trump says he would likely replace Yellen once her term ends
WASHINGTON - Donald Trump said Thursday he has nothing against Janet Yellen but would likely replace her as Fed chair once her term is up.
Trump: "Let's be honest, I'm a low-interest-rate person" ...  ForexLive
Trump says he likely wouldn't keep Yellen in Fed post  Houston Chronicle
Discovery First-Quarter Earnings Rise, U.S. Ad Revenue Grows 7 Percent
Discovery Communications, the company behind such cable networks as Discovery Channel, TLC and OWN, on Thursday reported better-than-expected first-quarter earnings that were helped by stronger U.S.
Discovery plans buyouts that may lead to layoffs  Standard-Examiner
Huge Staff Cuts in the Works at Discovery  Television Week
Mortgage rates retreat following weak economic data
After wandering higher for the past two weeks, mortgage rates reversed course, pulling back to near yearly lows. The retreat began last week after the Federal Reserve met and expressed concerns about the economy.
Today's Mortgage Interest Rates at Wells Fargo, US Bank, and SunTrust ...  USFinancePost
Mortgage Round-Up: Rates Slip Near 2016 Lows, Applications Drop  The MReport
Asian shares languish near three-week low ahead of US jobs data
TOKYO Asian shares wallowed near three-week lows as investors braced for the U.S. payrolls report after other jobs-related data raised some doubts about the seemingly rosy picture on employment conditions in the world's no.
Asian Stock Losses Deepen Before U.S. Jobs Data; Aussie Slides  Bloomberg
Asian futures outside Japan tip losses as traders await payrolls  Malay Mail Online
GM and Ford lean on Lyft and Pivotal for help in developing self-driving cars
Two miles apart in Palo Alto, workers from Ford Motor Co. and General Motors Co. are hustling to establish a role for their companies in a future where consumers don't own cars and the vehicles steer themselves.
Ford invests $182.2 million in cloud-based software company  Mashable
Microsoft joins in $253 million investment in SF cloud company  The Seattle Times
Arcing fire prompted shutdown of Metro's Federal Center SW station
A portion of the Metro was shut down for emergency repairs Thursday night after two fires broke out in the same station in a matter of hours, a day before the agency's general manager was set to announce a long-term maintenance plan for the system ...
DEBORAH SIMMONS: Metro has a culture problem  Washington Times
DC subway halts service on piece of 3 lines because of smoke
Wal-Mart Brings Back Greeters at the Store Door
The nation's largest retailer said in a blog post this week that it's bringing back door greeters to a majority of its 5,000 stores by mid-summer to improve customer service.
Wal-Mart Is a Huge Opportunity  InvestorGuide
Wal-Mart is bringing back greeters  The Augusta Chronicle
Can Gogo make you hate its in-flight wifi less?
When airlines first announced they could offer wireless internet, in the sky, it was a technological miracle. Sending emails and browsing the web at 36,000 feet was a novelty, something to brag about on social media.
IAG taps Gogo 2Ku for long-haul fleet  Runway Girl Network
Get ready for in-flight wifi that doesn't suck  Quartz
Canadian Stocks Unchanged as Crude Rally Fades, Banks Retreat
Canada stocks ended the day where they began, after swinging between gains and losses, as gold miners advanced with the price of the metal while energy producers slipped as a rally in crude faded.
Wall Street opens higher as rising oil boosts energy stocks
Wall Street slips as consumer stocks, oil drag