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U.S. markets news

Weibo makes debut on Nasdaq, lowers shares offer
Weibo is now the first public-listed Chinese social media company, after making its debut on Nasdaq on Thursday but at a lower shares offering than originally planned.
Weibo Shares Surge in Debut -- 6th Update  Wall Street Journal
Shares of Twitter-Like Weibo Surge on Opening Day, as China IPOs Mount  New York Times
Deutsche Welle   Related articles »  
Wal-Mart to start a new store-to-store money transfer service
The new business could impact Dallas-based MoneyGram, which is under contract with Wal-Mart to provide similar services. By HANAH CHO.
Wal-Mart wants piece of money transfer business  Houston Chronicle
Wal-Mart introduces money-transfer service  Washington Post
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China home price inflation cools to eight-month low in March
BEIJING (Reuters) - China's home price inflation slowed to an eight-month low in March, extending to a third month a loss of momentum in a property market that has been a strong spot in the world's second-largest economy.
China new home prices rise 7.7% on year in March  CNBC.com
All China March new home prices +7.7% y/y (compared to +8.7% in February)  FXstreet.com
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Earnings lift S&P 500, Nasdaq; S&P's best week since July
US stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.
Google's Q1 earnings disappoint investors  Ecumenical News
Which Google Do you Like?  Uncommon Wisdom Daily
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Global markets bearish on tepid economic data: Naveen Mathur
In the last fortnight, world market sentiments were mainly on a bearish tone as economic data from major global economies turned out to be negative or on a mixed note.
What Janet Yellen Didn't Say: The B-Word  New Yorker (blog)
First Fed Enforcement Meeting Since 2010 Follows Warren Request  Bloomberg
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R�my Cointreau Sees China Crackdown Hurt Profits
The French drinks maker said Thursday it suffered another steep fall in China in its latest quarter, with sales for its R�my Martin cognac tumbling over 30% amid a crackdown on corruption in the country that has chilled the entire industry for the past year.
When China drinks less cognac, France gets a headache  Quartz
Diageo Fuels Emerging-Market Concerns as Distillers' Sales Slide  Businessweek
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Michaels craft stores confirm security breach
Michaels stores recently confirmed that millions of credit and debit cards might have been affected in a security problem. According to the Associated Press, the arts and crafts store said Thursday that roughly 2.6 million cards may have been breached by ...
Michaels says breach at its stores affected nearly 3M payment cards  PCWorld
Michaels confirms breach of up to 2.6M cards  Youngstown Vindicator
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Lowe's Agrees to Minimize Lead Dust, Pay Fine
Lowe's Home Centers has agreed to pay a $500,000 federal penalty in settling claims that its contractors in at least nine states broke environmental rules for addressing lead paint dust during home renovation projects, two federal agencies announced ...
Lowe's Settles EPA Lead Paint Violations by Its Contractors  WTMA
Lowe's settles lead paint complaints with EPA  Sacramento Bee
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Impact of 2010 BP oil spill lingers
ST. PETERSBURG - As the four-year mark of the Gulf of Mexico oil disaster approaches, environmental groups, marine scientists and local leaders warn that its impacts - and the spectre of oil drilling off the Pinellas Beaches - may still linger.
Coast Guard calls BP's spill cleanup claim premature  Houston Chronicle
Much of BP damage money remains unspent  MyFox Tampa Bay
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Download a Cheerios coupon? You can't sue General Mills. (+video)
Food companies are very adept at using the Web as a vehicle for branding and advertising. You can �Like� your favorite yogurt on Facebook, buy your favorite breakfast cereal online, or download a coupon for your go-to granola bar with a click of a button.
General Mills amends new legal policies  Houston Chronicle
General Mills: Downloading Coupons and 'Liking' Voids Your Rights to Sue  Techlicious (blog)
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