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U.S. markets news

Yahoo pledges 'not to screw up' Tumblr deal - USA Today
Yahoo confirmed Monday it is buying social media blogging site Tumblr for $1.1 billion and promised "not to screw it up." The pledge is a direct acknowledgment of the Internet giant's spotty record as a start-up acquirer.
Yahoo CFO Details Tumbler Due Diligence  Wall Street Journal
Tumblr Deal Was a Private Party, With Few Bankers Invited  New York Times
Los Angeles Times   Related articles »  
Supersize your take out: Seamless and GrubHub merge
Two leaders in restaurant food delivery, Seamless and GrubHub, announced that they will merge on Monday. Customers from more than 500 cities will be able to order from 20,000 local restaurants through the joint company.
GrubHub, Seamless combine in food delivery deal - USA Today  USA TODAY
GrubHub to Merge With Seamless as Food Orders Go Mobile  Bloomberg
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Report Says Poor Are Moving to Nation's...
More poor people live in the nation's suburbs than in urban cities because of affordable housing, service-sector jobs and the increased use of housing vouchers, according to a study released Monday.
Report says poor are moving to nation's suburbs - USA Today  USA TODAY
More poor live in suburbs than in urban areas, research shows  Los Angeles Times
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United resuming Dreamliner flights today
United Airlines is flying a 787 Dreamliner for the first time in four months. One of six Dreamliners operated by the world's largest airline company took off from Houston at 11:13 a.m.
Dreamliner's Other Issues Draw Attention  Wall Street Journal
Boeing 787 Gets Image Boost as United Resumes Flights  Bloomberg
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Yen higher after Japanese minister discourages further drop
NEW YORK | Mon May 20, 2013 11:45am EDT. NEW YORK (Reuters) - The yen climbed back from a 4-1/2-year low against the dollar on Monday after Japan's economy minister suggested the currency might have weakened enough.
US Dollar Slips In Light European Trading  Wall Street Journal
Yen Rises Most in 3 Weeks as Amari Signals Concern; Kiwi Gains  Bloomberg
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SAC Digs In as Deadline Nears for U.S. Insider Cases
SAC Capital Advisors LP's Steven Cohen is hunkering down as a deadline approaches for the federal government to file criminal or civil insider-trading cases against the billionaire hedge-fund manager.
SAC Capital's Cohen Receives Subpoena as US Ramps up Insider-Trading Probe  Fox Business
Hedge Fund Owner Gets Subpoena to Testify  New York Times
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Treasury Bond Rally Peters Out
After a brief price rally, the U.S. Treasury bond market slipped underwater again on Monday. Fresh selling sent the benchmark 10-year yield closer to the psychologically important 2% mark again, and some traders warn that a break of the level could ...
Death cross brewing in bond market  CNNMoney
Ebbing Deficit Likely to Keep Rates Low When Fed Tapers  Bloomberg
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EU taps top oil traders for help in price-fixing probe
European investigators have asked top trading houses Glencore, Vitol and Gunvor to help with a probe into oil price manipulation, while not suggesting they are under investigation, industry sources said on Monday.
Oil price probe widens to include Dutch trading company - The Peninsula  Peninsula On-line
Brussels oil probe homes in on Brent Crude price  The Sunday Times
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Calpers Votes Against Jamie Dimon, Again
California's massive pension fund, Calpers, voted in favor of splitting the CEO and chairman roles at JPMorgan Chase JPMorgan Chase.
Stockholder Power Faces Test at JPMorgan  New York Times
Calpers Votes in Favor of Splitting Dimon's Dual JPMorgan Roles  Bloomberg
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American Airlines Doesn't Want Your Bags in the Cabin
The airline that introduced checked-baggage fees has learned the downside of funneling more suitcases into the cabin: It takes longer for people to board.
Will American's New Boarding Process Work? It Failed at Virgin America.  Forbes
US airline group sees pickup in summer air passengers  Reuters
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