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U.S. markets news

Shooting victim remembered, IRS breach: 8 things to know Wednesday
Friends and family are mourning the teenager shot and killed in Portland, IRS says thieves stole tax info from 100,000 taxpayers and the field of presidential candidates keeps growing.
Breach Exposes IRS Tax Returns  New York Times
10 Things to Know for Today  U-T San Diego
Washington Business Journal  
Charter Customers Say Bigger Isn't Likely to Mean Better
“Maybe it will go from an F-minus to an F.” So predicted Terence Allen of Atlanta, a longtime Charter Communications subscriber, upon hearing that many long-suffering Time Warner Cable customers were crossing their fingers that Charter's acquisition of ...
Altice's Drahi Says 'We Weren't Ready' for Time Warner Cable  Bloomberg
Stenger 'Optimistic' About Charter's St. Louis Jobs  CBS Local
Snapchat has IPO plan: CEO
SAN FRANCISCO: The chief of vanishing-image service Snapchat on Tuesday said the company has a plan for going public with an offering of stock but did not reveal when it might happen.
Snapchat's Plan to Make Money Is Surprisingly Old-Fashioned  Slate Magazine
Snapchat boss confirms IPO plan  The Guardian
Dollar has quick pitstop, then motors to new highs
LONDON Financial market trading revolved around the U.S. dollar on Wednesday with European shares rallying on the back of a weak euro and U.S.
Dollar buoyed by upbeat data  Independent Online
Dollar near eight-year high against yen  THE BUSINESS TIMES
Tiffany Earnings, Revenue Fall Less Than Expected
Tiffany & Co. TIF -1.59 % 's earnings and revenue fell less than expected in its first quarter as a key sales metric grew across nearly every region, despite the continued impacts of a strong U.S.
Strong dollar hits Tiffany's quarterly sales  Reuters
CompaniesTiffany jumps as jeweller expects improvement  Financial Times
Michael Kors Shares Tumble After Forecast Misses Estimates
Michael Kors Holdings Ltd. plunged in early trading after its earnings forecast fell short of estimates, hurt by currency fluctuations and sluggish sales in the U.S.. Earnings will be $4.40 to $4.50 a share this year, the London-based company said in a statement ...
Michael Kors Q4 Profit Rises; Issues Q1 Outlook - Quick Facts  Nasdaq
CompaniesMichael Kors shares fall as it warns of sales drop  Financial Times
Oil pares gains as dollar recovers
LONDON Crude oil futures edged up on Wednesday on expectations that U.S. crude stocks fell for a fourth straight week, but prices pared early gains as the dollar reversed losses.
Oil Price Rises Ahead of US Supply Data  Wall Street Journal
Oil rebounds on expected US stock draw, weaker dollar  The Globe and Mail
Federal Reserve Vice Chairman Fischer talks about possibilities of rate hike
Even a peewee change brought in by the US Federal Reserve has far-reaching effects on almost all the economies of the world. This adds weight to the fact that the Fed, indeed, is the most powerful bank housed in the world's most powerful economy.
Be Prepared to Pass the Test of Fed's Moves  Caixin Media
Bond Traders Uncover Secret to Rates That Fed Doesn't Get  Bloomberg
Vox Media Acquires Re/code, Debate Over "Peak Tech Journalism" Ensues
Minutes after I arrived here in Ranchos Palos Verdes, Calif., for the Code Conference on Tuesday, someone sidled up to me with a rumor: Re/code was being acquired by digital media pioneer Vox.
Re/code bought by Vox Media  USA TODAY
Vox Media to Acquire Technology Website Re/code  Wall Street Journal
Aldi's brand is now worth more than Tesco's
The value of Aldi's brand has surpassed that of Tesco's for the first time, according to an influential ranking, after a difficult year for the supermarket giant.
Here Are the Top 100 Brands in the World  Adweek
Apple Beats Google For Top Spot in Global Brand Ranking  AdAge.com