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U.S. markets news

EU Announces Plans to Create a Single Digital Market
BRUSSELS´┐ŻThe European Union unveiled a signature plan to unite the region's fragmented online markets and crack down on possible abuses by U.S.
EU moves to help tech companies compete with Google, Amazon  Los Angeles Times
EU announces raft of plans to strengthen, unify digital market to better ...  Fox Business
US private payrolls growth eases; productivity falls
WASHINGTON (Reuters) - U.S. private employers in April hired the fewest number of workers in more than a year, further diminishing hopes of a strong rebound in economic growth after the first-quarter slump.
ADP Jobs Report Came In Below Estimates - Economic Highlights  Nasdaq
US private sector adds far fewer jobs than expected in April: ADP  Uncover Michigan
Yellen Says Stock Valuations Are 'Quite High,' Bond Yields Low
Federal Reserve Chair Janet Yellen, surveying the financial landscape for signs of bubbles after more than six years of near-zero rates, warned that both stocks and bonds are richly valued.
Yellen says stock valuations are 'quite high'  MarketWatch
Yellen Calls Stock Prices 'Quite High'  New York Times
U.S. Productivity Slumps 1.9% In First Quarter
WASHINGTON - U.S. productivity in the first quarter fell by a 1.9% annual pace, resulting in the first back-to-back drop since 2006.
US productivity drops by 1.9 percent during first quarter  Uncover California
US Labor Cost Rises and Productivity Falls in Opening Quarter; Private ...  Benchmark Reporter
UPDATE 3-Wendy's revamped restaurants drive comparable sales beat
... * To sell bakery business this month. * Raises number of U.S. outlets it plans to sell this year. * First-qtr same-restaurant sales up 3.2 pct vs est.
Wendy's (WEN) Stock Gains Today on Mixed Earnings, Asset Sale
Wendy's to Sell Bakery Business, Over 600 Restaurants -- Update  Nasdaq
Would Salesforce Make Sense for Microsoft?
Would Microsoft really want to own Buying the cloud-based, customer-service software maker could make businesses less likely to ditch Office.
Salesforce Shares Pop on Rumors Microsoft May Be a Bidder
Microsoft for Salesforce? Merrill Sees Upside to $92; Hard to See, Says ...  Barron's (blog)
FAA Joins With CNN, BNSF to Study Drone Flights
The Federal Aviation Administration is joining with companies including CNN and BNSF Railway Co. to study how to allow drone flights in urban areas and beyond the sight of the devices' operators, the agency said on Wednesday, in a sign of greater ...
UPDATE 1-FAA partners with BNSF Railway, PrecisionHawk on drones  Reuters
Three Quick Takes On FAA Partnership With CNN, PrecisionHawk And BNSF ...  Forbes
Alexion to Buy Synageva for $8.4 Billion
Alexion Pharmaceuticals Inc. ALXN -9.56 % agreed to buy Synageva BioPharma Corp. GEVA 114.02 % in a cash-and-stock deal valued at $8.4 billion, paying more than double the market cap for the maker of rare-disease treatments.
Alexion to Buy Synageva BioPharma in $8.4 Billion Deal  New York Times
Alexion Pharma to pay $8.4 billion for Synageva BioPharma  Clay Center Dispatch
UPDATE 1-T. Rowe's Kennedy handing off CEO job to onetime football star ...
(Adds Stromberg quotes, details on football background, byline; updates share price). By Ross Kerber. May 6 (Reuters) - Asset manager T. Rowe Price Group Inc said on Wednesday that global equity head William Stromberg, a member of the College ...
T. Rowe Price CEO James Kennedy to Retire  Wall Street Journal
Drug developer Adaptimmune wavers after IPO raises $191M
NEW YORK (AP) - Shares of cancer drug developer Adaptimmune are up slightly after the British company's initial public offering raised $191.3 million.
Adaptimmune Therapeutics plc (Nasdaq: ADAP) to Ring The Nasdaq Stock ...  CNNMoney