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U.S. markets news

Yellen: 1st rate hike likely by year end if economy improves
PROVIDENCE, r.i. - Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates this year - if the job market improves and the Fed is confident inflation will climb closer toward its target rate.
The cost of dry cleaning shows the importance of US inflation data  The Australian Financial Review
U.S. Stocks Decline After Inflation Data Rise, Yellen Remarks  Bloomberg
Gazette Review  
Greece 'cannot afford IMF repayment' in June - minister
Greece cannot make a repayment to the International Monetary Fund (IMF) due on 5 June as it does not have the money, the interior minister says.
Key to a Greek Deal Lies With the People  New York Times
Greece will not make June IMF repayment: interior minister  Reuters
Protesters rally against GMO producer
Protesters gather in Depot Park in downtown Rutland on Saturday to participate in the March Against Mosanto, a global effort to raise awareness of genetically modified organisms in the world's food supply.
Maine effort fast-tracks genetic-modification labels  Kennebec Journal & Morning Sentinel
Dozens rally against agricultural company Monsanto in Santa Rosa  Santa Rosa Press Democrat
GM could face criminal charges for defective ignition switch
The failure of the automaker General Motors or GM about ignition switch defect resulted in loss of life of at least 104 people. The unveiling could make General Motors to pay a record fine in addition to what it is paying to victims and to cover the cost of ...
GM Could Pay Record Fines Due to “Criminal Wrongdoing” in Ignition Switch ...  Highlight Press
Inquiry Exposes Criminal Wrongdoing, GM Failed To Report Killer Defect In Time  The Inquisitr
UPDATE 1-Iran says OPEC unlikely to change output ceiling - Mehr news agency
(Adds oil price, background). DUBAI May 24 (Reuters) - OPEC is unlikely to change its production ceiling when the group meets in June, Iran's Oil Minister Bijan Zanganeh said on Sunday, according to the semi-official Mehr news agency.
Iranian Minister Says OPEC Production Cut 'Unlikely'  RadioFreeEurope/RadioLiberty
Iran says OPEC unlikely to change output ceiling - Mehr news agency  euronews
Nigeria fuel crisis could shut down mobile phones, operator warns
Lagos: Nigeria`s biggest mobile phone operator MTN has warned that its network faces shutdown due to fuel shortages that have crippled the nation.
Nigerian Airlines Cancel Flights Amid Fuel Crisis  Information Nigeria
Best Buy Is Still Undervalued, Even as Its Turnaround Accelerates
NEW YORK (TheStreet) -- If you've blinked, chances are you've missed one of the better turnaround stories in retail -- Best Buy (BBY - Get Report).
Best Buy, 'Cadillac' of electronics retailers, could stall — BBY  Investor's Business Daily
Best Buy Co Lowered to Market Perform at Wolfe Research (BBY)  The Legacy
BlackBerry Passport vs BlackBerry Classic – QWERTY Keyboard Phones Are ...
While most of the famous manufacturers are creating touch screen phones to satisfy their picky customers, BlackBerry refused to adapt to this new trend and continued making QWERTY Keyboard Phones for the category of business people who text a lot, ...
Struggling BlackBerry announces new round of layoffs  Malay Mail Online
BlackBerry lays off unspecified number of employees globally  Washington Post
Bank of England missends EU exit research to press
The Union Flag flies next to the European Flag outside the European Commission building in central London May 25, 2014. And it has now emerged work is being carried out IN Threadneedle Street to assess the impact of a potential United Kingdom exit, ...
BoE confirms research on a possible Brexit  Times of Malta
Email Slip Reportedly Reveals U.K.'s Planning For Possible EU Exit  WYSO
West Coast dockworkers approve new contract with shippers
Dockworkers at 29 West Coast ports, including the Port of Oakland, have voted by an overwhelming margin to ratify a tentative agreement on a new five-year contract with shipping companies that had been reached in February, union leaders said Friday.
West Coast Port Dispute Is Over, but the Damage from It Isn't  The Fiscal Times
Dockworkers contract approved  Thegardenisland.com