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U.S. markets news

Tesla to unveil new product likely a battery next month
DETROIT: Tesla Motors says it will reveal a new product next month, but it's not a car. CEO Elon Musk tweeted Monday that "a major new Tesla product line'' will be revealed April 30.
Tesla tease: 'Major new product line'
Musk turns to Twitter about new product  Boston Globe (subscription)
San Jose Mercury News  
Lufthansa insurers set aside $300 million to deal with possible costs of ...
Rescue workers work at the crash site near Seyne-les-Alpes, France, Monday, March 30, 2015. European investigators are focusing on the psychological state of a 27-year-old German co-pilot who prosecutors say deliberately flew a Germanwings plane ...
Lufthansa insurers set aside $300 million over Alps crash  Town Hall
Insurers earmark $300m for Germanwings crash  New Vision
BNSF adds new safety measures for crude oil trains
After an oil tanker derailment in Galena, the ABC7 I-Team looked at the dangers posed to Chicago and to areas all over the country by rail cars filled with crude oil.
BNSF railroad adds new safety rules for crude oil trains  Winona Daily News
UPDATE 3-Philips sells 80.1 pct of lighting components unit for $2.8 bln
(Adds analyst comment and share price movement). By Toby Sterling. AMSTERDAM, March 31 (Reuters) - Philips has agreed to sell an 80.1 percent stake in its lighting components division for $2.8 billion to Go Scale Capital, a technology fund that will seek ...
Philips to Sell Controlling Stake in LED Business for Up to $2.9 Billion  New York Times
Philips sells 80.1% of lighting components unit for $2.8 billion  Economic Times
Now you can hire professionals for home servicing via Amazon
E-commerce giant Amazon has added another new service to its kitty. Now you can not only do online shopping from Amazon, but the company is rolling out its Amazon Home Services, where you can hire people to complete all your chores.
Amazon Home Services lets you order a handyman, singing teacher or cleaner ...
Amazon Launches Amazon Home Services  News For Shoppers
Front end of broken Seattle tunnel machine is lifted
SEATTLE (AP) - Crews have lifted the scuffed and rusty disc-shaped front end of the broken tunnel-boring machine called Bertha from the ground in Seattle, hauling it out of a 120-foot-deep pit so it can be repaired.
Bertha finally gets a lift: Massive crane arrives to raise 2000-ton drill ...  Daily Mail
UnitedHealth Buys Catamaran For $12.8 Billion (NYSE:UNH)
UnitedHealth Group Inc. has announced that it has reached a deal to purchase Catamaran Corp. for roughly $12.8 billion. According to a statement released by the companies, UnitedHealth will pay $61.50 a share for the deal, 27 percent higher than ...
UnitedHealth bulks up for drug cost battle  DeKalb Daily Chronicle
UnitedHealth to acquire pharmacy benefits firm Catamaran in $12-billion deal  Los Angeles Times
US oil production growth at record 100-yr high in 2014
US crude production increased to 1.2 million barrels per day (mbpd) to 8.7 mbpd in 2014, the largest volume rise since 1900, the date the US Energy Information Administration started keeping records.
North Dakota's new oil train safety checks seen missing risks  WHTC
Energy experts: Lift oil exports ban  Tyler Morning Telegraph
Dow advances most in eight weeks amid corporate mergers
NEW YORK - The Dow Jones industrial average posted its biggest advance in eight weeks as equities extended quarterly gains amid corporate mergers and optimism central banks will support global growth.
US STOCKS-Wall St rebounds from recent losses; deals help  Reuters
Market Wrap: Stocks Rebound From Recent Losses; Deals Help  DailyFinance
Additional extensions for the Affordable Care Act, though one important deadline ...
Despite two more deadline extensions, a major Affordable Care Act deadline will remain unchanged, according to the White House. The first of the deadline extensions enables individuals whose health insurance plans don't comply with existing Affordable ...
Obamacare foes blindly waiting for apocalypse  Montgomery Advertiser
Alyene Senger / Obamacare at 5 years: Are we better off now?  Press of Atlantic City