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U.S. markets news

Herbalife in advanced talks to settle FTC probe, issues remain
Herbalife Ltd, which has been accused by billionaire investor William Ackman of being a fraud, said it was in advanced talks with the U.S.
Herbalife Soars After Saying It's Close to FTC Resolution  Bloomberg
Herbalife jumps as first-quarter results beat Wall Street's expectations  MarketWatch
Wall Street Journal  
Trump says he would likely replace Yellen once her term ends
WASHINGTON - Donald Trump said Thursday he has nothing against Janet Yellen but would likely replace her as Fed chair once her term is up.
Trump: "Let's be honest, I'm a low-interest-rate person" ...  ForexLive
Trump says he likely wouldn't keep Yellen in Fed post  Houston Chronicle
Discovery First-Quarter Earnings Rise, U.S. Ad Revenue Grows 7 Percent
Discovery Communications, the company behind such cable networks as Discovery Channel, TLC and OWN, on Thursday reported better-than-expected first-quarter earnings that were helped by stronger U.S.
Discovery Communications Raises Guidance as Earnings Top Views  Wall Street Journal
Huge Staff Cuts in the Works at Discovery  Television Week
Mortgage rates retreat following weak economic data
After wandering higher for the past two weeks, mortgage rates reversed course, pulling back to near yearly lows. The retreat began last week after the Federal Reserve met and expressed concerns about the economy.
Mortgage Round-Up: Rates Slip Near 2016 Lows, Applications Drop  The MReport
Average US rate on 30-year mortgages falls to 3.61 percent  Albuquerque Journal
DreamWorks Animation Manages a Quarterly Profit
Jeffrey Katzenberg, chief executive of DreamWorks Animation, with characters from the “Madagascar” movies in 2012. Credit Paul Sakuma/Associated Press.
DreamWorks Animation SKG (DWA) Jeffrey Katzenberg on Q1 2016 Results ...  Seeking Alpha
DreamWorks Animation swings to a quarterly profit  MarketWatch
Tesla: Another Way To Look At The 500000 Units Target
With other conditions remaining the same, reducing the timeline makes near-term valuations more attractive. Demand for Tesla cars is there.
Tesla Motors Inc (TSLA) Model 3 Setbacks Begin Cropping Up, As Expected  LearnBonds
Tesla's million-car goal: too ambitious?  SFGate
GM and Ford lean on Lyft and Pivotal for help in developing self-driving cars
Two miles apart in Palo Alto, workers from Ford Motor Co. and General Motors Co. are hustling to establish a role for their companies in a future where consumers don't own cars and the vehicles steer themselves.
Ford invests $182 million into cloud computing  Salt Lake Tribune
Why Ford And Microsoft Are Betting On Pivotal Software At A $2.8 Billion ...  Forbes
Smoke prompts closure of DC Metro stations
WASHINGTON D.C. -- Washington D.C. subway officials suspended service on a section of track shared by three lines after smoke appeared in a station, CBS affiliate WUSA reported.
Politics|DC Subway Halts Service on Piece of 3 Lines Because of Smoke  New York Times
Federal Center SW Metro station closed for rest of Thursday after track fire ...  FOX 5 DC
Get ready for in-flight wifi that doesn't suck
I'm writing this from 23,000 feet in the air, having just finished a FaceTime call with a colleague, and am now streaming BBC World News.
Gogo signs IAG's long-haul fleet for 2Ku contract  Runway Girl Network
Can Gogo make you hate its in-flight wifi less?  WTMA
Endo International Plunges After Hours as Guidance Slashed
Endo International (ENDP) plunged as much as 28% in after-hours trading after the company missed on earnings, reduced 2016 guidance and made changes to its board and leadership.
Endo Announces Change to Senior Management Team  PR Newswire (press release)
Endo International plc - Ordinary Shares (ENDP) Releases Earnings Results ...  Market Digest