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U.S. markets news

Yellen Says Justice Department Investigating 2012 FOMC Leak
Federal Reserve Chair Janet Yellen said the U.S. Department of Justice has joined an investigation into a leak of confidential monetary-policy information in 2012.
US Fed's Yellen says met firm at heart of leak probes  Reuters
More on the probe into Federal Reserve FOMC leak - Yellen met with firm ...  ForexLive
U-T San Diego  
Comcast's Broad Appeal for Investors
At Comcast, CMCSA 0.63 % the scales of video versus broadband have finally tipped. That shouldn't unbalance profitability. Its quarterly results beat expectations Monday, and the cable giant boosted its buyback program by $2.5 billion.
Comcast reports revenue gain
Internet customers surpass video subscribers at Comcast  The Seattle Times
Fed not likely to increase US rates until September
The US economy slowed sharply in the first quarter of the year, with annualised GDP growth falling to just 0.2% from 2.2% in the final quarter of 2014.
UPDATE 1-Fed's Evans: rate hikes could start sooner, if kept slow  Reuters
FED'S EVANS: You could argue monetary policy should be easier right now  Business Insider
Buffett concedes default rate on mobile-home loans could be much higher
Warren Buffett earlier had touted a 3 percent default rate to Berkshire Hathaway shareholders to rebut claims of predatory lending in a Seattle Times and Center for Public Integrity probe into Berkshire's mobile-home subsidiary, Clayton Homes.
Buffett predicts reinsurance market �slump�  Insurance Business America
Schafer: In the crowd to hear Buffett and Munger  Minneapolis Star Tribune
Pimco bond fund no longer world's biggest after Bill Gross' jump to Janus
May 4 -- Two years of client withdrawals at Pimco's flagship have cost it the title of the world's biggest bond mutual fund.
Pimco Total Return loses crown as world's largest bond fund  InvestmentNews
5 Things You Didn't Know About the World's Biggest Bond Fund  TIME
Marcellus Shale Extraction Fluids Discovered in 3 Water Samples
Chemical compounds used to extract natural gas were found in three water samples from Pennsylvania's Marcellus Shale region, according to a study published Monday in the Proceedings of the National Academy of Sciences.
Study: Trace amount of drilling fluid found in water well
Alarming New Study Could Be First of Many Signs That Fracking Threatens ...  Environmental Working Group
Fees and Low Fuel Prices Keep Airline Profits Rising
The Transportation Department said Monday that airlines collected $3.5 billion in bag fees last year, a 5 percent increase over 2013, and $3 billion in reservation-change fees, up 6 percent.
Airlines bring in more money from fees  The Virginian-Pilot
Airlines bring in more money from bag, reservations fees  Milton Daily Standard
Here's Why Elon Musk Might Have Just Really Pissed Off Your Utility Company
Tesla CEO Elon Musk appears to have made a significant advance toward a goal that even he admitted "sounds crazy" - "to change the entire energy infrastructure of the world to zero carbon.
Tesla battery could power big change in electricity use
Tesla Powerwall in-home battery pack coming to Canada  The Globe and Mail
Einhorn's negative view of Pioneer not shared by all investors
NEW YORK (Reuters) - Not all investors agree with hedge fund manager David Einhorn's take on Pioneer Natural Resources' Co, which he described as "A business that burns cash and doesn't grow, (that) isn't worth anything.
Greenlight's Einhorn slams oil frackers at Sohn conference  Yahoo Finance UK
S.F. schools startup racks up $100 million from tech leaders
Max Ventilla, sits at the offices of Altschool, Monday October 28, 2013, in San Francisco, Calif. After working for Google and Aardvark, Ventilla uses his skills to create a school supported by techies whose job is to create apps that make teaching and learning ...
Zuckerberg, tech investors fund AltSchool initiative  USA TODAY
School Focuses on Student-Centered Learning and EdTech for K-8 Students  Education World