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U.S. markets news

Cautiously, Wall Street Floats Higher
The stock market closed mostly higher on Thursday, helped by positive earnings reports by several large companies, including Apple and Caterpillar.
Apple helps boost US stocks  Sydney Morning Herald
Asian Morning Briefing: Dow Ends Flat; Tech Shares Gain  Wall Street Journal
Reuters   Related articles »  
Hurt by Vehicle Recalls, GM's Profit Falls 85%
DETROIT - General Motors, the nation's largest automaker, reported on Thursday that its net income in the first quarter fell about 85 percent, mostly because of costs associated with the recalls of millions of vehicles.
GM's profit dragged down by recalls  Washington Post
Massive recall expenses slash General Motors' first-quarter profit  Los Angeles Times
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Microsoft's Profit Dips Less Than Expected as It Reshapes Itself
Satya Nadella, Microsoft's new chief, holding up a Nokia Lumia smartphone featuring the Windows mobile operating system. Credit Robert Galbraith/Reuters.
Microsoft beats Wall Street on new CEO debut  Reuters
Nadella bends Microsoft to his will with Office 365, Windows pricing  CNET
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Tokyo Inflation Quickens to Fastest Since 1992
Tokyo's consumer prices rose 2.7 percent in April from a year earlier, the biggest jump since 1992, pumped up by a sales-tax increase and a year of unprecedented stimulus from the Bank of Japan.
RPT-Tokyo core CPI rises to 22-yr high after April tax hike  Reuters
Tokyo's core consumer prices rise to a 22-year high
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Amazon Reports Thin Profits reported another quarter of skimpy profits, despite better-than-expected revenue growth, as the Web-commerce giant spent heavily on shipping, cloud computing and other initiatives.
Amazon's slim profits meet analyst expectations  The Seattle Times
Amazon: Prime fee hike not stopping membership growth  CNET
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Ronald McDonald gets a hip new makeover
Ronald McDonald has replaced his pass´┐Ż overalls with a chic vest and pants combo, showing that just because you're a clown, you don't have to look like one.
Easton's Ronald McDonald stars in Taco Bell commercial  Cecil Whig
VIDEO: Ronald McDonald Gets A Makeover: Two New Outfits And A Hashtag  FTC Publications
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U.S. oil futures rise after upbeat durable goods report - U.S. oil futures rose on Thursday, after data showed that durable goods orders in the U.S. rose more than expected in March, pointing to underlying strength in the economy.
Strong durable goods orders buoy growth outlook  Reuters
Treasuries Slip As Durable Goods Orders Climb  Barron's (blog)
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Taco Bell to test fast-casual restaurant
Think of this as a Taco Bell for foodies. Except it's not Taco Bell. It's U.S. Taco Co., a hush-hush, fast-casual restaurant project developed deep in the bowels of Taco Bell's Irvine, Calif.
Taco Bell to make it easier for customers in wheelchairs  SFGate
Taco Bell for Foodies  TIME
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Postal Workers' Unions Protest Staples Program
Postal workers in cities big and small protested in front of Staples stores on Thursday, objecting to the U.S. Postal Service's pilot program to open counters in stores, staffed with retail employees.
Postal workers union to protest Staples program  Wall Street Journal
Post office workers oppose mail services at Staples  Detroit Free Press
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Year After Tragedy, Startup Aims To Change Equation For Bangladesh Clothing ...
A year ago this week, at least 1,134 garment factory workers were killed and more than 2,000 injured when the Rana Plaza building in Savar, Bangladesh suddenly collapsed.
A year after Bangladesh tragedy, the true cost of $7 T-shirts  The Globe and Mail
Has Bangladesh learned lessons from Rana Plaza tragedy?  CNN (blog)
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