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U.S. markets news

Bill Gross's compelling tale to right those wrongs
Bill Gross turned to the courts this week to hit back at the colleagues who last year pushed him out of Pimco, the investment management house that he had founded and led to international prominence.
What Bill Gross's Pimco lawsuit is really about  CNBC
Bond King's rollicking $200 million lawsuit is a mish-mash -- with merit  RIABiz  
Rail officials seek better track inspections after W. Virginia oil train ...
Federal officials urged better track inspections Friday after tracing the cause of a fiery oil-train derailment in West Virginia in February to track that had split.
UPDATE 1-US says CSX missed rail defect blamed for oil train derailment  Reuters
The Latest: Safety official says derailment was preventable
Wall Street up; S&P on track for best week in 2015
REUTERS - U.S. stocks eked out small gains on Friday, with the S&P 500 on track for its best week since December, as investors bet the Federal Reserve will keep interest rates at near-zero levels this year.
Gold Climbs on Dovish Fed Minutes, Weak Dollar  Wall Street Journal
Oil choppy on profit-taking in biggest weekly surge since 2009
LONDON Oil seesawed on Friday as traders closed positions at the end of a week that saw prices rise the most in more than six years.
Oil volatile after tapping $50, set for weekly gain  MarketWatch
Brent loses steam; still headed for 9% weekly gain  CNBC
GOP Lawmakers Advance Bipartisan Effort to Reauthorize Ex-Im Bank
WASHINGTON—House lawmakers backing the U.S. Export-Import Bank said they have enough support Friday to force a vote to renew the agency's charter, a blow to conservative Republicans who sought to shutter the bank this summer.
Republicans and Democrats gathering momentum in attempt to save Export ...  USA TODAY
Renegade Republicans back new bid to revive Export-Import Bank  MarketWatch
UK takeover rules frustrate Bud's pursuit of SABMiller
... * Rules force ABI CEO to issue embarrassing clarification. * Forced change in language exposes divisions in SAB. * Looming "put up or shut up" deadline recalls failed Pfizer bid.
SABMiller to double savings amid beer battle with AB InBev  Financial Times
SABMiller meets with investors amid takeover bid  Salt Lake Tribune
Copper, Zinc Rally on Glencore Supply Worries
Copper and zinc prices surged on Friday as some investors rushed to buy industrial metals after Glencore GLNCY 8.31 % PLC roiled markets with a surprise cut to its zinc production.
Britain's FTSE set for biggest weekly gain since 2011  Reuters
Glencore's cut to zinc output boosts share price  Financial Times
Netflix Raises Price: How It Compares to Hulu, Amazon Prime
Netflix is raising prices for new users by $1 a month as the company touts original programming you can't find elsewhere. The company, based in Los Gatos, California, is raising the cost of its most popular streaming plan to $9.99 a month, which allows ...
Netflix, Sports And The Big Net Neutrality Lie  Forbes
Netflix Hikes Price of Standard Streaming Plan to $10 per Month
CANADA STOCKS-TSX heads for 6th straight winning session on relief over US rates
(Updates throughout with market reaction, background, details). * TSX up 40.27 points, or 0.29 percent, to 14,018.93. * Seven of the TSX's 10 main groups were higher.
At midday: TSX heads for sixth straight winning session  The Globe and Mail
Canadian dollar, TSX shoot higher as oil rebounds
Standard Chartered to Cut Senior Staff by 25 Percent
LONDON - Standard Chartered, the British-based, Asian-focused bank, said on Friday that it planned to reduce senior staff positions by 25 percent while cutting costs and reshaping the company under its new chief executive, William T. Winters.
StanChart chief plans to cut about 1000 top staff: memo  Reuters
StanChart takes bet on management incompetence  Reuters Blogs (blog)