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U.S. markets news

Fed on track to hike rates as economic headwinds wane - Yellen
PROVIDENCE, R.I. Federal Reserve Chair Janet Yellen was clearer than ever on Friday that the central bank was poised to raise interest rates this year, as the U.S.
Janet Yellen: Fed on Track to Raise Rates This Year  Wall Street Journal
Yellen says Fed on course for 2015 rate rise
Arkansas Online  
Report: Justice Finds Criminal Wrongdoing In GM Ignition Switch Case
The Justice Department has found criminal wrongdoing in General Motors' General Motors' actions related to its ignition defects, and is negotiating what is expected to be a record penalty, The New York Times reported Friday.
Probe into General Motors recall uncovers 'criminal wrongdoing': Report  Economic Times
GM Ignition Switch Case – Justice Department finds criminal wrongdoing by GM  Times Gazette
China's Hanergy undone in a few minutes of frantic trading
HONG KONG Not long after Hanergy Thin Film Power Group began its annual shareholder meeting at a plush Hong Kong hotel this week, the Chinese solar company's shares went into free fall.
Hanergy Investors Get Burned  Barron's
China's richest man bet his company's shares would fall  CNNMoney
California takes step to ban the use of microbeads
Microbeads are tiny plastic balls used in face washes, moisturizers and toothpaste, which activists say wind up in the nation's lakes and rivers.
California May Put a Big Ban on Tiny Microbeads  Mid-Day Daily
Microbeads Kill Animals and Destroy the Environment — So California May Ban ...  VICE News
Bank of England confirms EU exit research after email misfire
LONDON The Bank of England plans to assess the implications of a possible British exit from the European Union, it said in a statement, confirming an email it inadvertently sent to a newspaper about the supposedly confidential research project.
Owen Paterson: leaving European Union could increase prosperity and boost jobs
Bank Of England Planning For Possible UK Exit From EU  International Business Times
Reports Surface That Microsoft DID Try To Acquire Salesforce
Another development overnight in the ongoing saga around Salesforce's ownership status. Some weeks ago, when it was alleged that Salesforce was taking legal advice over a possible takeover offer, there was much discussion about who the suitor could be ...
Microsoft's deal talks with Salesforce failed over $15bn price gap  International Business Times UK
Microsoft, Salesforce talks fell through on pricing - CNBC  Reuters
Master card to launch three cards with Bank of India
Master-card-to-launch-three-cards-with-Bank- Master card to launch three cards with Bank of India. State-run lender Bank of India tied up with MasterCard Friday to launch three new cards and also two new banking solutions for its card holders.
Briefcase: Target, MasterCard settlement scrapped  The Spokesman Review
Credit card deal with Target off  Fort Wayne Journal Gazette
Union dockworkers ratify labor contract for US West Coast ports
LOS ANGELES May 22 Union dockworkers at all 29 U.S. West Coast ports have voted overwhelmingly to ratify a contract agreement reached in February with shipping companies and terminal operators to end months of labor strife that snarled trans-Pacific ...
Final resolution for West Coast port troubles  USA TODAY
Dispute at the West Coast has been resolved. New deal and contract is in play  The Standard Daily
Refugio oil spill: What you need to know
This photo provided by the Santa Barbara County Fire Department shows an oil slick from a broken pipeline off the central California coast near Santa Barbara on Tuesday, May 19, 2015.
California oil spill harder to clean up in choppy waters  Phys.Org
Company involved in California oil spill ordered to test pipe  Herald and News
Core CPI recorded 1.8% increase in last one year
The indications from the inflation data released on Friday hint at the possibility of an increase in interest rates by the Federal Reserve towards the later part of 2015.
Core inflation up 0.3% in April  Arkansas Online
Stocks drift lower in light trading  Northwest Arkansas News