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U.S. markets news

Procter & Gamble bringing back former chief; other business news
Consumer products. P&G bringing back its former CEO. Procter & Gamble is replacing chief executive Bob McDonald with his predecessor, A.G.
P&G gambles on AG delivering the goods  Financial Times
Procter & Gamble Says A.G. Lafley Rejoins as Chairman and CEO  Bloomberg
Businessweek   Related articles »  
Retailers unhappy with credit card fees settlement
NASHVILLE, Tenn. -- A multibillion-dollar settlement over credit card swipe fees is facing growing opposition from some of the nation's largest retailers.
Visa, MasterCard Sue Interchange-Fee Settlement Drop Outs  Bloomberg
Troubled Visa Settlement Takes Another Hit As Retailers File Own Suit  Forbes
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Orders for U.S. Durable Goods Rose More Than Forecast in April
Orders for U.S. durable goods increased more than forecast in April, indicating the world's largest economy will get a lift in the second half of the year as business investment strengthens.
Durable Orders Bounce Back, but Shipments Decline  Wall Street Journal
TABLE-US April durable goods orders rose 3.3 pct  Reuters
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Report: Yahoo, Pay-TV Operators Among Hulu Bidders
Online video site Hulu is again up for sale, with Yahoo and pay TV operators DirecTV and Time Warner Cable among the seven bidders, according to a person with direct knowledge of the matter.
The case for and against a Yahoo/Hulu deal  Silicon Valley Business Journal
Yahoo Submits Bid for Hulu  NASDAQ
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Jobless Claims Fall to 340000
WASHINGTON�The number of U.S. workers seeking new unemployment benefits fell last week by more than expected, another sign of slow improvement in the labor market.
US jobless claims drop more than expected last week  Reuters
Ahead of the Bell: US Unemployment Benefits  Businessweek
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News Corp. Board Approves Split
News Corp .'s board approved the company's separation into two publicly traded entities, moving a step closer to splitting its entertainment businesses from the publishing division.
News Corp to split in two on 28 June  BBC News
News Corp. to take up to $1.4-billion write-down in publishing  Los Angeles Times
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Trustee opposes $20M payout to American Air CEO
The Justice Department is objecting to a proposed $20 million severance payment for American Airlines CEO Tom Horton, saying it's bigger than allowed by bankruptcy law.
US opposes $20-million severance plan for AMR's CEO  Los Angeles Times
Horton's $20 million severance package from AMR again under fire from US ...  Dallas Morning News
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Euro Gains Second Day Versus Dollar on German Ifo; Yen Advances
The euro strengthened for a second day against the dollar after an industry report showed German business confidence unexpectedly increased in May, adding to optimism the region's biggest economy is improving.
Germany reports sluggish first-quarter growth of 0.1%  BBC News
Private consumption helps German economy to meager growth  Chicago Tribune
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Singing the Abe Electric
Japanese Prime Minister Shinzo Abe next month announces a major tranche of structural reforms, the so-called third arrow in his three-pronged plan to revive the economy.
Abe Heads to Myanmar as Japan Inc. Eyes Cheapest Wages in Asia  Bloomberg
Japan PM heads to Myanmar on sales mission  AFP
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Paul Tudor Jones: In macro trading, babies are a 'killer' to a woman's focus
Paul Tudor Jones, the hedge fund billionaire, told an audience of University of Virginia students, alumni and others that it is difficult for mothers to be successful traders because connecting with a child is a focus �killer.
Sorry Paul Tudor Jones: It's Male � Not Female � Traders We Should Be ...  TIME
Really? Billionaire trader claims babies kill a woman's success in trading  Firstpost
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