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U.S. markets news

Bill Gross suit throws up battle of Pimco bonus pool
This emerges as the central question in his explosive lawsuit against Pimco, in which the famed bond investor invites readers to see the events leading up to his exit from the asset manager as a fight over its outsize bonus pool.
What Bill Gross's Pimco lawsuit is really about  CNBC
Bond King's rollicking $200 million lawsuit is a mish-mash -- with merit  RIABiz
Rail officials seek better track inspections after W. Virginia oil train ...
Federal officials urged better track inspections Friday after tracing the cause of a fiery oil-train derailment in West Virginia in February to track that had split.
UPDATE 1-US says CSX missed rail defect blamed for oil train derailment  Reuters
Broken rail caused West Virginia train derailment, officials say (blog)
Wall St. little changed in choppy trading; financials weigh
Wall Street was little changed in choppy trading on Friday as investor optimism due to fading chances of an interest rate hike this year was offset by a fall in energy and financial stocks.
NY Fed chief: Rate hike likely this year but hinges on data  Washington Post
Emerging-market currencies just had their best week of the year  MarketWatch
Wal-Mart Appoints New CFO, Top Merchant
Wal-Mart Stores Inc. WMT -0.36 % shuffled its management ranks on Friday, appointing a new chief financial officer and a top merchant as the world's largest retailer looks to revive weak sales growth.
Wal-Mart names chief merchandising officer for Walmart US  Reuters
Wal-Mart names executive with international wing as next CFO  Washington Post
SABMiller declares new savings goal in defense against AB InBev
LONDON Brewer SABMiller Plc (SAB.L) announced an expanded cost-cutting plan on Friday, stepping up its defense against an unsolicited $100 billion takeover offer from bigger rival Anheuser-Busch InBev (ABI.
SABMiller Investors Aberdeen, Kulczyk Support AB InBev Rejection  Bloomberg
Aberdeen backs SABMiller's rejection of �65bn bid from AB InBev
Glencore Shares Storm Ahead on Zinc Cutback News
Shares in commodities group Glencore rose strongly Friday after the company said it is slashing its zinc production by a third and cutting jobs in response to sharp fall in the price of the metal.
Britain's FTSE set for biggest weekly gain since 2011  Reuters
Copper, Zinc Rally on Glencore Supply Worries  Wall Street Journal
Twitter Encourages Advertisers To Run Video Ads
Without the need for formal partnerships, Twitter is now inviting advertisers to automatically run video ads against various content.
Twitter to bring pre-roll advertising to tweeted videos  BBC News
Twitter Set To Bring Pre-Roll Advertising To Videos  Tech Times
Backpacker Falls Off Suspension Bridge in Terrifying GoPro Video
A French tourist hiking with three fellow backpackers in New Zealand captured a first-person video of the group falling off a suspension bridge.
VIDEO: Tourists plunge 26ft as suspension bridge collapses  Fox News
Terrifying Video Shows Tourists Fall as Suspension Bridge Collapses  NDTV
CANADA STOCKS-TSX heads for 6th straight winning session on relief over US rates
(Updates throughout with market reaction, background, details). * TSX up 40.27 points, or 0.29 percent, to 14,018.93. * Seven of the TSX's 10 main groups were higher.
Canadian dollar shoots higher as oil rebounds
At midday: TSX heads for sixth straight winning session  The Globe and Mail
Netflix Raises Price: How It Compares to Hulu, Amazon Prime
Netflix is raising prices for new users by $1 a month as the company touts original programming you can't find elsewhere. The company, based in Los Gatos, California, is raising the cost of its most popular streaming plan to $9.99 a month, which allows ...
Netflix, Sports And The Big Net Neutrality Lie  Forbes
Netflix raising US price for most popular video plan by $1  Delphos Herald