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U.S. markets news

Alibaba Discloses SEC Probe of Its Accounting Practices
BEIJING— Alibaba Group Holding Ltd. BABA -6.80 % disclosed the U.S. Securities and Exchange Commission is investigating its accounting practices.
Alibaba Faces US Accounting Inquiry  New York Times
SEC investigating Alibaba's accounting practices  Reuters
Fortune  
First lower-priced Whole Foods opens Wednesday in Silver Lake. Here's what you ...
Light, patterns and shadows from store-front colored windows create a graphic view near the checkout section at 365 by Whole Foods Market in Silver Lake.
Whole Foods opens its first millennial - inspired store  CBS News
New Whole Foods chain 365 faces tough mission  Reuters
Shell to cut 2200 more jobs in face of weak oil prices
LONDON Royal Dutch Shell will cut a further 2,200 jobs, taking its target for layoffs to 12,500 by the end of the year, the Anglo-Dutch oil firm said on Wednesday, as it cuts deeper in the face of weak oil prices.
Shell is cutting another 2200 jobs  CNN
Shell to cut another 2200 jobs worldwide  FuelFix (blog)
Verizon strike is hurting its stock
It's been more than a month since nearly 40,000 Verizon workers went on strike. And it looks like the labor problems are taking a toll on Verizon's business ... and its stock. Investors have hung up on Verizon (VZ, Tech30) lately. Shares are down ...
Verizon CEO: Labor secretary 'very helpful' amid ongoing strike  Boston Herald
Verizon Braces For Potential Second-Quarter Earnings Impact As Strike Stalls ...  CRN
Poll: Vast majority of ObamaCare customers satisfied with coverage
Nearly three-quarters of adults who received health insurance through ObamaCare say they are satisfied with their plans, according to a new survey.
Pennsylvania Market Remains Competitive As Review Process Begins For Health ...  PR Newswire (press release)
Obamacare is helping millions get needed healthcare, new survey finds  Los Angeles Times
Is Mark Zuckerberg Building a Panic House Near His Home?
Who needs a panic room when you can have a panic house? Facebook CEO Mark Zuckerberg appears to be planning something a bit better than a panic room on his compound.
Zuckerberg to Demolish $30M in Real Estate to Keep Things Private  NBCNews.com
Is Mark Zuckerberg Building a Doomsday Bunker on His Palo Alto Estate?  Gizmodo
Strong German business, consumer morale boost hopes for growth
BERLIN German business morale improved more than expected in May, reaching its highest level so far this year and suggesting Europe's biggest economy will extend its surprisingly strong start to 2016 into the next quarters.
German Business Ignores Brexit Fears as Confidence Improves  Bloomberg
German Survey Shows Economy Still Robust  Wall Street Journal
Fill 'er up now! Gas prices are climbing as Memorial Day weekend approaches
Gas prices are rising before the Memorial Day holiday, which is not unusual, though gas is more expensive today than it has been all year.
Traveling for Memorial Day? Here's what to know  The Courier-Journal
Heavy travel expected for Memorial Day weekend  Salt Lake Tribune
How Philippe Dauman Is Playing His Cards in the Fight for Viacom
Dauman will look to expose that Sumner Redstone is being controlled by his daughter, who aims to control the powerful trust and then oust Dauman from the company.
Sumner Redstone's refusal to cede control has left Viacom with an ...  MarketWatch
Embattled Viacom CEO Philippe Dauman Takes His Case to the Company's ...  Billboard
Meg Whitman's Overly Optimistic Deal
Meg Whitman, the chief executive of HP Enterprise, said the deal with Computer Sciences would create a more efficient unit. By CNBC on Publish Date May 25, 2016.
US Stocks Climb for the Second Day as Energy Companies Jump  ABC News
HP Enterprise and Computer Sciences Corp. Surge on Spin-off and Merger  Motley Fool