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U.S. markets news

IRS Data Breach May Be Sign of More Personalized Schemes
The plot to steal information on 100,000 taxpayers from the Internal Revenue Service and hijack nearly $50 million in refunds not only reveals a previous security breach but hints at a wider fraud that may bedevil Americans in the future.
IRS believes identity thieves from Russia stole tax information  Enid News & Eagle
IRS chief shrugs at massive breach — of course  New York Post
FOX43.com  
McDonald's strategy for improving food: toast the buns longer
McDonald's Corp. is moving to toast its sandwich buns longer and change how it sears and grills hamburgers as part of its effort to reinvigorate growth with "hot, tasty food.
McDonald's Will Change How Its Burgers Are Cooked  New York Times
McDonald's to toast its buns longer  NEWS.com.au
Tech, healthcare lead Wall St. higher; Nasdaq hits record
U.S. stocks ended sharply higher on Wednesday and the Nasdaq logged a record high close, led by a rebound in technology and healthcare stocks and optimism that Greece would avoid defaulting on its debt.
Nikkei 225 Heads for Longest Winning Streak Since 1988 on Yen  Bloomberg
Stocks look for calm open after yesterday's selloff  Seeking Alpha
Jawbone Sues Fitbit For Allegedly Stealing Employees And Trade Secrets
Four fitness trackers are shown in this photograph. They are, from left, Fitbit Force, Jawbone Up, Fitbug Orb, and the Nike FuelBand SE.
Jawbone lawsuit accuses Fitbit of trade secret theft  CNET
Jawbone accuses Fitbit of stealing data  BBC News
Japan April retail sales rebound, ease pressure on BOJ
TOKYO Japan's retail sales rose 5.0 percent in the year to April, the first increase in four months, data showed on Thursday - bolstering the central bank's view that consumer spending is slowly picking up to underpin a steady economic recovery.
Why The Japanese Yen Is Falling (FXY)  Seeking Alpha
EconomyJapanese retail sales underwhelm, rise 0.4%  Financial Times
Dollar flirts with 2007 peak vs yen, consolidate against others
SYDNEY The dollar hovered at eight-year highs against the yen early on Thursday, having stopped short of breaking above its 2007 peak as it consolidated recent gains against the euro and other peers.
The Dollar And Commodities: Which Is The Leader?  Seeking Alpha
Equity markets rise, euro ticks up, Nasdaq at record  The Star Online
UPDATE 1-Costco comparable sales fall 1 percent, miss Street forecasts
(Adds details, background, shares). May 27 (Reuters) - Warehouse club operator Costco Wholesale Corp reported a decline in quarterly comparable sales and lower-than-expected sales, hurt by gasoline price deflation and a stronger dollar that reduced ...
Costco Wholesale Profit Rises  Wall Street Journal
Costco Profit Tops Estimates as Sales Gains Outpaced Wal-Mart  Bloomberg
500 feet of copper wires stolen from MTA subway tracks in Queens
Hundreds of feet of copper cables were ripped from A train tracks in Queens, severely stunting the morning rush hour commute yesterday and constituting one of the more significant thefts of its kind, MTA authorities said.
Massive Copper Cable Theft In Queens Disrupts Entire A, C Train Lines  CBS Local
Theft of 500 feet of copper cable snags A, C subway service from Rockaways: MTA  New York Daily News
FAA Group to Review Mental-Health Screenings for Pilots
Following the lead of European regulators reacting to the presumed suicidal co-pilot who brought down a Germanwings jet, the Federal Aviation Administration has set up an advisory group to consider possible changes in mental-health screening of U.S.
US To Review Pilot Mental Health  Airwise
FAA to consider new mental health rules for pilots  Minneapolis Star Tribune
'Canceled': When it makes sense to close a credit card
New credit card offers can be tempting, especially when they tout a lower interest rate or more attractive rewards than what's in your wallet.
Credit card interest rates hit nine-year high: Average charge passes 20% as ...  Daily Mail