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U.S. markets news

Donald Trump's Energy Plan: More Fossil Fuels and Fewer Rules
Donald J. Trump, the presumptive Republican nominee, outlined energy-related measures that would be taken in his administration during a speech in Bismarck, N.D.. By THE ASSOCIATED PRESS on Publish Date May 26, 2016. Photo by Stephen ...
Trump vows energy independence, slams Hillary Clinton  CNN
Donald Trump's energy plan: Regulate less, drill more  CNNMoney
The Hill  
Viacom director seeks meeting with former chairman Redstone
Viacom's board is trying to arrange a face-to-face meeting with former chairman and controlling stake owner Sumner Redstone, following the 92-year-old media mogul's decision to rework his trust and other business arrangement.
Google Beats Oracle on Copyright, Defeating $9 Billion Claim  Washington Post
Happy 93rd Birthday to Sumner Redstone, the Man Who Refuses to Die  TheWrap
Snapchat Valuation Nears $18 Billion
Snapchat Inc. keeps growing and raising cash, though its valuation hasn't changed much recently. The startup featuring disappearing messages raised more than $1.8 billion in an investment round that stretched over more than a year, people familiar with ...
Here's Why Snapchat Might Actually Be Worth $20 Billion  Fortune
Snapchat raised $1.8B in a Series F round; leaked deck reveals revenues ...  TechCrunch
Oil dips after hitting $50/bbl as glut worries resurface
NEW YORK Oil prices hit $50 a barrel on Thursday for the first time in seven months, then bounced below that level and settled lower on the day as investors worried robust price gains could encourage more output and add to the global glut.
Oil prices flirt with key $50 mark  Los Angeles Times
Oil prices top $50 a barrel for the first time in 2016  Washington Post
Wells Fargo to Offer Low-Down-Payment Mortgages Without FHA Backing
Wells Fargo WFC 0.10 % & Co. is rolling out a new mortgage for borrowers making minimal down payments, an offering that could allow the bank to step back significantly from a controversial Federal Housing Administration program.
Wells Fargo Launches yourFirst Mortgage   Business Wire (press release)
Has Wells Fargo Cracked the Code on Low Down Payments?  National Mortgage News
Bayer's Room to Increase Monsanto Bid Is Limited -- WSJ
FRANKFURT -- Bayer AG said it remained committed to its pursuit of Monsanto Co., but the U.S. seed-and-pesticide giant's rejection of its $62 billion takeover offer may leave little room for maneuver.
Bayer: Merging seed firm is doable  NWAOnline
Survey: Monsanto Investors Love Deal, Bayer Investors Hate It  Benzinga
Communications Startup Twilio Files for IPO
Despite a cool market for initial public offerings, San Francisco communications company Twilio Inc. is taking the plunge. The company on Thursday disclosed that it had filed for an initial public offering.
Twilio Is The IPO You've Been Looking For  Fortune
Twilio to make Wall Street debut with $100 million IPO  ZDNet
Twitter Turmoil Continues As More Leaders Depart
The struggling microblogging service is losing heads of two key units. Twitter is losing more top leaders as the company continues to struggle with slowing growth.
Twitter Loses Two More Executives  Wall Street Journal
Twitter loses commerce exec, disbands unit  USA TODAY
Splunk Boosts Revenue View But Shares Fall
Big-data software company Splunk Inc. SPLK 1.05 % posted a 48% increase in first-quarter revenue and raised its full-year guidance for the second time in as many quarters.
Splunk tops Q1 targets, revenue up 48 percent  ZDNet
Splunk -6% despite revenue beat, raised guidance  Seeking Alpha
iPhone 7 May Largely Be Manufactured By Robots [REPORT]
The iPhone 7 could end up being one of the first smartphones to be mostly made by robots. Foxconn, one of Apple's supplier and a key manufacturer of the iPhone, has just upgraded one of its factories to replace almost 60,000 production line workers ...
Restore U.S. manufacturing? Robots just took 60K jobs at a factory in China  Chicago Tribune
iPhone Maker Foxconn Has Replaced 60000 Human Jobs with Robots  Fortune