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U.S. markets news

Fed on track to hike rates as economic headwinds wane - Yellen
PROVIDENCE, R.I. Federal Reserve Chair Janet Yellen was clearer than ever on Friday that the central bank was poised to raise interest rates this year, as the U.S.
Treasuries Head for Monthly Loss as Yellen Readies Rate Increase  Bloomberg
Wall St Weekahead: Yellen tone suggests choppiness for markets ahead  Business Standard
Wall Street Journal  
Feds say GM acted criminally by hiding ignition defect
General Motors acted criminally when it didn't disclose ignition defects that killed at least 104 people, a report said Friday.
GM may face record fine in federal criminal inquiry on ignitions  Dallas Morning News
Report: Criminal actions found in GM ignition switch case  USA TODAY
China's richest man bet his company's shares would fall
Turns out China's richest man upped his bet that shares of his solar company would take a tumble - just five days before a massive crash.
This may be why the big solar ETF is blocking out hard-hit Hanergy  MarketWatch
Ikea Solar Partnership With Hanergy May Be Up in Air  Bloomberg
California oil spill a reminder of coastal tourism industry vulnerabilities
A bird covered in oil spreads its wings as it sits on a rock near Refugio State Beach on Friday in Goleta. California Gov. Jerry Brown declared a State of Emergency after over 100,000 gallons of oil spilled from an abandoned pipeline on the land near Refugio ...
Oil Spill: Oil-Soaked Pelicans Found Dead Near Santa Barbara  NBC Southern California
Animals covered in oil treated after Santa Barbara spill  KABC-TV
Microsoft almost acquired Salesforce, negotiations have ended
According to CNBC, Microsoft and the San Francisco-based cloud-computing firm reached advanced talks. Microsoft reportedly offered as much as $55 billion to acquire Salesforce.
Microsoft, Salesforce talks fell through on pricing: Report  Firstpost
Report: Microsoft Made $55 Billion Bid To Acquire Salesforce, But It Wasn ...  CRN
Final resolution for West Coast port troubles
SAN FRANCISCO - With the ratification of a new agreement with the Longshoremen on Friday, the 11-month disagreement that slowed West Coast ports has finally ended.
West Coast dockworkers union ratifies 5-year contract  Kansas City Star
West Coast Port Workers Ratify Five-Year Labor Contract  Wall Street Journal
Deere adjusts to low ag sales worldwide
Sales fell 25 percent for the quarter and 26 percent for six months. Operating profit was $639 million for the quarter and $907 million year-to-date, which compared with $1.229 billion and $2.026 billion, respectively, last year.
Deere Profit Falls as Equipment Sales Drop -- 3rd Update  Nasdaq
Deere jumps after lifting profit forecast  Financial Times
Peru suspends civil liberties in Tambo valley region after 4th death in anti-mining ...
LIMA, Peru - Peru's government has suspended civil liberties in a southern coastal valley after a fourth death in violent anti-mining protests against a Mexican-owned copper mining project.
Peru Declares State of Emergency After Mine Protest Bloodshed  teleSUR English
Credit card deal with Target off
NEW YORK - A $19 million deal between Target and MasterCard to settle lawsuits stemming from the retailer's massive pre-Christmas 2013 data breach has been scrapped, because it failed to get enough support from the affected banks and credit unions.
Target's $19m settlement with MasterCard over data breach falls through  International Business Times UK
Target settlement with MasterCard fails to get bank support  News On 6
US stocks fall slightly on lower oil, mixed earnings news
Major indexes fell from the start on Friday as oil drillers and other energy-related companies followed oil prices lower. Stocks spent much of the rest of the day drifting between losses and gains as investors considered a mixed bag of corporate earnings and a ...
Stocks close down in light trading as oil prices fall  Tulsa World
Cheap oil can hurt economy  Tribune-Review