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U.S. markets news

Massive recall expenses slash General Motor's first-quarter profit
Heavy spending to repair more than 6 million vehicles in the first quarter triggered an 88% plunge in General Motors Co. earnings for the period, compared to a year earlier.
General Motors Profits Weighed Down By Recalls, But Earnings Beat Sends ...  Forbes
GM's 1Q profit dragged down by recalls  Washington Post
Reuters   Related articles »  
Ronald McDonald gets new style makeover
Ronald McDonald is updating himself with a new look and a new presence on social media. More from WSBT.com. Easy fitness: No willpower required · Fighting superbugs with super drugs · The end of chemo: Safer ways to fight cancer · Stocks: Can Apple ...
Ronald McDonald Gets a Tailor, Nightmares Remain  The News Ledge
Ronald McDonald Loses Jumpsuit and Joins Twitter  NBCNews.com
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US Stocks Waver; Apple Rallies
Stocks were little changed Thursday morning as investors sifted through a flood of corporate earnings, including upbeat reports from Apple and Facebook.
7-for-1 AAPL split to encourage smaller investors, may also open entry to ...  9 to 5 Mac
After The Split, Is Apple Ready To Become A Dow Stock?  Seeking Alpha
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Verizon Loses Contract Wireless Phone Customers for First Time
Verizon completed its deal to gain full ownership of Verizon Wireless in late February, buying Vodafone's 45% stake in the wireless carrier for $130 billion.
Verizon Q1 income up on wireless, home Internet sales  USA TODAY
Verizon vows to avoid mass discounts as profit misses expectations  Reuters
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Apple, Facebook results buoy world shares
LONDON (Reuters) - Global stocks rose on Thursday lifted by upbeat earnings from tech heavyweights Apple and Facebook which helped shake off some of the concerns about overheating that have dented the sector in recent weeks.
Stocks: Can Apple lift the market?  CNNMoney
Wall Street Wavers Amid Earnings Deluge  Fox Business
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Zimmer agrees $13.4bn Biomet acquisition
Zimmer, the maker of the eponymous walking aid, has agreed to acquire Biomet for $13.35bn, combining the two providers of orthopaedic, surgical and dental products in a cash-and-stock transaction that marks the latest megadeal in a week in which ...
Zimmer Holdings, Inc. to Combine with Biomet, Inc. in Transaction Valued at ...  Businessweek
Zimmer Buys Rival Biomet for $13.35 Billion Creating �Formidable Player�  Medical Device and Diagnostics Industry
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Strong durable goods orders buoy US growth outlook
WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods rose more than expected in March and a measure of business capital spending plans surged, bolstering views of an acceleration in growth in the second quarter.
Durable-Goods Orders Rise 2.6% -- Update  Wall Street Journal
U.S. durable goods orders rise 2.6% in March, core orders up 2%  NASDAQ
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Freddie Mac: mortgage rates edge higher, 30-year averaging 4.33%
Fixed mortgage rates edged higher this week, with Freddie Mac reporting that lenders were offering 30-year loans to solid borrowers at an average of 4.33%, up from 4.27% a week ago.
US average rate on 30-year home loan 4.33 percent  Washington Post
Mortgage rates move higher  Chicago Tribune
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Postal workers union to protest Staples-USPS partnership in 27 states
Members of the American Postal Workers Union are launching protests Thursday in 27 states to decry a partnership between the U.S. Postal Service and office supply company Staples Inc. to run postal counters at its retail stores.
Will California Teachers Support the Staples Boycott?  Businessweek
Postal workers protest outside Bethlehem Township, Pa., Staples  The Express-Times
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Report: A Year After Bangladesh Disaster, Retailers Fail To Address Biggest ...
Rana Plaza in February 2014, 9 months after the factory collapse. Rubble and fabric still litter the area. Photo: NYU Center for Business and Human Rights.
Flashback: Garment factory collapse  Reuters
Rana Plaza collapse anniversary marked  Independent Online
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