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U.S. markets news

American Express President Ed Gilligan dies
American Express said company President Ed Gilligan died suddenly Friday after falling ill while flying on a corporate plane to New York.
American Express President Ed Gilligan passes away  Reuters
Ed Gilligan, AmEx President, Dies at 55 on Trip From Tokyo  Bloomberg
Nasdaq  
U.S. Economy Shrank In Q1
2 The 0.7% annualized drop was not as steep as expected, but the weakness was broad-based. Business investment fell by the fastest since 2009, and trade subtracted the most from GDP since 1985.
US Recovery Stumbles Yet Again  Wall Street Journal
Fuel and potential fires for the US economy ahead  Chron.com
How the Dow Jones industrial average fared on Friday
Stocks sank Friday following news that the U.S. economy shrank in the first three months of the year. The revised data showed that gross domestic product contracted 0.7 percent in the first quarter.
Wall St. ends down after weak economic data but gains in May  Reuters
Stocks: A Bad End to a Good Month  Barron's (blog)
What Charter-Time Warner Cable deal could mean for consumers
NEW YORK (AP) - As the Internet has upended their business, cable companies have been racing to reinvent themselves as dominant broadband providers and distributors of online video.
Want a Big Cable Merger? Good Luck Charter!  Techzone360
Top 10 News for 5/26 - 5/29: Charter, Time Warner Cable Formally Enter Deal ...  StreetInsider.com
EPA trims ethanol increase in gasoline
From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.
US biofuel rules seek compromise, but industries vow fight  Reuters
More ethanol in gas  Statesboro Herald
Intel Takeover of Altera Is Expected
SAN FRANCISCO - Intel is close to clinching a takeover of fellow chip maker Altera for more than $15 billion, a person briefed on the matter said on Friday, the latest sign of consolidation in the semiconductor industry.
Intel-Altera deal could help chipmaker extend reach in cloud  USA TODAY
Intel and Altera Spike on Merger Talk; Apple Falls on Android Pay: Tech ...  TheStreet.com
The top 10 highest-paid female CEOs
(AP Photo/Eric Risberg). In this Feb. 19, 2015 photo, Yahoo President and CEO Marissa Mayer delivers the keynote address at the first-ever Yahoo Mobile Developer's Conference, in San Francisco.
Archer-Daniels-Midland Company (ADM) - Market Review  AVAFIN
UPDATE 3-Health insurer Humana explores sale - source
(Adds analyst comment and strategic rationale). By Greg Roumeliotis and Olivia Oran. May 29 (Reuters) - Humana Inc is considering selling itself after receiving multiple expressions of takeover interest, a person familiar with the matter said on Friday, ...
Humana's Baby-Boomer Focus Makes Insurer a Prize for Cigna  Bloomberg
Humana shares close up 20% on report of possible sale  USA TODAY
Port Authority taps LaGuardia developer
The Port Authority of New York and New Jersey on Thursday voted to approve a $3.6 billion deal to build a new “world-class facility” at LaGuardia Airport on the site of its existing central terminal building.
FAA investigates New York plane-drone incident  CBS News
America's Worst Airport to Get $4 Billion Swedish Massage  Bloomberg
Snapchat Fetches $16 Billion Valuation in Latest Financing - Update
The demand to own private shares in Snapchat Inc. has become so fierce that its newest investors are willing to receive second-rate stock in exchange for their money.
Snapchat valued at more than $15bn in latest fundraising  Yahoo Finance UK
Snapchat Raises $537.6 Million In New Funding As App Makes Media Push  Forbes