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U.S. markets news

Australian says he created bitcoin, but some sceptical
SYDNEY/LONDON Australian tech entrepreneur Craig Wright identified himself as the creator of controversial digital currency bitcoin on Monday but experts were divided over whether he really was the elusive person who has gone by the name of Satoshi ...
Bitcoin's creator reveals his identity — or does he?  Los Angeles Times
How Craig Wright Privately 'Proved' He Created Bitcoin  WIRED
CBS Local  
Uber sued again over drivers' employment status
The class action flood gates have opened. Less than two weeks after Uber Technologies agreed to pay up to $100 million to settle class-action lawsuits in California and Massachusetts in which drivers sought to be reclassified as employees instead of ...
Data Sheet—Monday, May 2, 2016  Fortune
Uber is facing a nationwide class-action lawsuit  TechCrunch
All 17 Sports Authority stores in Arizona could close
All 17 Sports Authority stores in Arizona potentially could be sold or close after a decision by the retailer not to pursue a Chapter 11 reorganization.
Sports Authority bankruptcy sale could close remaining stores  CNNMoney
Sports Authority is not closing all stores just yet  Atlanta Journal Constitution
Amazon Steps Up Blockchain Commitment; Web Services Partners With Digital ...
As financial services sprints toward a blockchain future, companies need a secure platform for experimenting with the technology. Amazon Web Services announces Monday that it will collaborate with New York City-based Digital Currency Group, one of the ...
WORLD WIDE WEB How Amazon Convinced You To Pay Up for Shopping  CIO Today
Amazon's First-Quarter Results Should Silence Critics  InformationWeek
Amazon to Bring Same-Day Delivery to Bronx, Chicago After Outcry Inc. will bring free same-day delivery to the Bronx and Chicago's South Side following criticism from elected representatives that the company's data-driven service boundaries unfairly left out some minority communities.
Amazon to expand free same-day delivery to Chicago's South Side  Chicago Tribune
Amazon same-day Prime will deliver to the Bronx  USA TODAY
Gannett pressures Tribune over takeover bid
Gannett Co. said Monday it will solicit shareholders of Tribune Publishing to withhold their votes next month for election of eight nominees to Tribune's board of directors, in an attempt to send a stronger message to management to begin negotiations ...
Gannett to urge Tribune holders to withhold board votes  Chicago Tribune
Exclusive: Tribune Publishing No. 2 shareholder supports sale  Reuters
Home building leads construction to high point
Washington • U.S. construction spending advanced in March to its highest level in more than eight years. Gains in home building and nonresidential construction offset a drop in government projects.
March US Construction Spending Disappoints with 0.3% Rise
US construction spending rises to 8-1/2-year high  Reuters
Oil down 3 percent on OPEC output hike, speculative ramp-up in Brent
NEW YORK Oil prices fell about 3 percent on Monday as production from the Organization of the Petroleum Exporting Countries neared all-time peaks and record speculative buying in global benchmark Brent sparked profit-taking on last month's outsized ...
Oil Prices Slide on Bearish Data  Wall Street Journal
Peak Fracking, Perpetually Higher Oil Prices  Seeking Alpha
Colorado High Court Rules Local Bans on Fracking Are Illegal
The Colorado Supreme Court ruled Monday that municipalities can't bar hydraulic fracturing, a long awaited decision in a legal battle that has rippled across this energy rich state.
Colorado Supreme Court strikes down local fracking bans  Washington Times
Colorado Supreme Court rules state law trumps local bans on fracking  The Denver Post
GNC Considers Putting Itself Up For Sale
Strategic alternatives weighed. Health and wellness retailer GNC on Monday said the company's board was weighing strategic alternatives, including a potential sale, and has hired Goldman Sachs as a financial adviser to assist in the process.
GNC Holdings Considering Selling Itself  Wall Street Journal
GNC Gains as Nutrition Company May Sell Itself, Restructure  Bloomberg