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U.S. markets news

McDonald's raises pay for 90000 workers
McDonald's, which has been struggling with workers protests and sagging sales, plans to increase pay for some 90,000 workers starting in July, the company said on Wednesday.
McDonald's Hourly Pay Raise Fails to Satisfy Its Labor Critics  Bloomberg
McDonald's To Give Raises To Workers At Company-Owned Restaurants  CBS Local
New York Times  
Calif. governor orders statewide mandatory water restrictions
As California endures its fourth year of a crippling drought, Gov. Jerry Brown announced Wednesday the state's first mandatory water restrictions, ordering cities and towns to cut water use by 25 percent.
How Has the California Drought Affected You?  New York Times
Things to know about California's drought and water cuts  Salon
SEC Fires Warning Shot About Confidentiality Agreements
A sound that delights regulators and strikes fear in corporations - employees' blowing the whistle on wrongdoing - is poised to become louder.
KBR charged with anti-whistleblower violation  Houston Chronicle
SEC finds that KBR confidentiality agreements 'stifled' whistleblowers  Washington Post
US judge orders temporary block of Allegiant Air pilot strike
(Reuters) - A U.S. judge on Wednesday issued an order temporarily blocking Allegiant Air pilots from striking after they announced a Thursday walkout.
Allegiant pilots call off threatened Thursday strike  USA TODAY
Allegiant Air pilots' strike averted by court ruling  Colorado Springs Gazette
Wall Street, dollar fall on economic worry; oil up
NEW YORK (Reuters) - U.S. stocks fell for a second day on Wednesday and the dollar dipped after weak U.S. private sector employment and manufacturing data fed worries about the U.S.
Here we go again: Another reason to cut Q1 growth  CNBC
Jobs, manufacturing reports show weaker economy  USA TODAY
Overheard: GoDaddy's Turn On
GoDaddy may have made its name by sexing up the rather unsexy business of Internet-domain registration. Now, it will need to find some market-related sex appeal.
Biz Break: GoDaddy goes big in Wall Street debut  San Jose Mercury News
GoDaddy shares rise 31% on first day of trading  San Francisco Chronicle
Wall St. declines after data; automakers fall
NEW YORK (Reuters) - U.S. stocks eased on Wednesday as weaker-than-expected data spurred concerns over economic growth ahead of Friday's jobs report and first-quarter earnings.
US STOCKS-Wall St falls after data; automakers decline  Reuters UK
Kraft and Mondelez Sued by CFTC for Wheat Price Manipulation
Kraft Foods Group Inc. was accused by the U.S. Commodity Futures Trading Commission of manipulating wheat prices by hoarding futures contracts it didn't intend to fulfill.
US Agency Charges Kraft, Mondelez With Wheat Price Rigging  ABC News
CFTC Accuses Kraft and Mondelez of Manipulating Wheat Prices  New York Times
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
UPDATE 9-Oil platform fire kills 4 in Gulf of Mexico, 302 evacuated
(Adds comment from chief executive, Pemex clarification that platform processes oil). By Ana Isabel Martinez. MEXICO CITY, April 1 (Reuters) - At least four people died after a fire broke out on an oil processing platform in the Gulf of Mexico early on ...
4 Killed in Explosion and Fire on Pemex Mexican Oil Platform  New York Times
Oil platform fire kills 4 in Gulf of Mexico, 302 evacuated  Reuters India