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U.S. markets news

Verizon Strike to End as Both Sides Claim Victories on Key Points
Verizon workers on the picket line in New York City on April 13, the first day that they went on strike. Credit Nicole Bengiveno/The New York Times.
Verizon, Unions Reach Agreement on Contract Ending Strike  Bloomberg
Striking Verizon workers score raise and bonuses  CNNMoney
Washington Post  
Dalian Wanda Makes $4.4B Property Unit Privatization Bid
The offer for Wanda Commercial is a record for a Hong Kong-listed company and a prelude to a re-listing on the Chinese mainland. Paul Whitfield.
Billionaire Gunvor CEO Tornqvist Cutting Stake in Oil Trader  Bloomberg
Disney characters are spotted at rival Chinese theme park  Los Angeles Times
OPEC's Cheap Oil Strategy Lures Drivers Back Into Gas Guzzlers
As OPEC ministers gather in Vienna, they may notice more sport utility vehicles on the streets of the Austrian capital than on previous visits.
Brent crude lower on strong Middle East oil output  Reuters
Brent Edges Lower Ahead of OPEC Meeting  Wall Street Journal
Starbucks releases two new iced beverages to keep you cool this summer
Starbucks thinks iced coffee has a big future, so the global coffee giant will add two new, innovative drinks to their "Cold Bar" menu this summer: the Vanilla Sweet Cream Cold Brew and the Nitro Cold Brew.
Starbucks Adds Nitro Cold Brew and Other Summer Drinks  Wall Street Journal
This coffee white space is a multi-billion dollar opportunity for Starbucks  Yahoo Finance
Great Plains Agrees to Buy Utility Westar for $8.6 Billion
Great Plains Energy Inc. agreed to buy Westar Energy Inc., the biggest utility in Kansas, for $8.6 billion as power companies across the U.S.
Great Plains Energy (GXP) to Acquire Westar Energy (WR) in $12.2B Deal  StreetInsider.com
UPDATE 1-Regulated power company Great Plains to buy Westar for $8.6 bln  Reuters
Springfield unemployment falls to lowest level in 9 years as rates drops ...
SPRINGFIELD - Unemployment in the city of Springfield fell to 7.2 percent in April, a level not seen in nearly nine years, according to statistics released last week by the federal Bureau of Labor Statistics and the Massachusetts Executive Office of ...
German unemployment rate falls to record low  BBC News
Germany's unemployment rate hits record low  MarketWatch
Jazz Pharmaceuticals Agrees to Buy Celator for $1.5 Billion
Jazz Pharmaceuticals Plc agreed to buy Celator Pharmaceuticals Inc. for about $1.5 billion to gain an experimental medicine for a rare blood cancer.
Jazz Pharmaceuticals Agrees to Buy Celator for About $1.5 Billion  Wall Street Journal
Jazz Pharma (JAZZ) Confirms Agreement to Acquire Celator Pharma (CPXX) for ...  StreetInsider.com
Volkswagen Emissions Cheating Hits Profit at Biggest Brand
Profit at Volkswagen AG's namesake brand tumbled 86 percent in the first quarter, highlighting the challenge the carmaker faces in emerging from the nearly nine-month-old emissions cheating scandal.
Scandal-hit Volkswagen sees profits tumble  CBS News
Audi, Porsche help VW limit damage from emissions scandal  Reuters
Memorial Day Gas Prices Were At 11-Year LOW!
During the Memorial Day weekend that just ended, motorists found the lowest gas prices on Memorial Day in 11 years. The average price for a gallon of gasoline was $2.32 nationwide, $2.25 in Florida, $2.27 in Georgia, and $2.16 in Tennessee.
Memorial Day gas prices hit 11-year low  Orlando Business Journal
Gas prices drop on Memorial Day  NJ.com
$4.6B transit plan would connect Detroit, 4 counties
The Regional Transit Authority of Southeast Michigan says a truly regional public transportation system for the Detroit area will cost the average homeowner about $95 per year.
Breaking down RTA's proposal for Macomb County  WDIV Detroit
Detroit-area voters will be asked to back mass transit tax  Your News Now