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U.S. markets news

Merger engine roaring, fueled by record size of deals
A Broadcom worker holds a photo reticle used for wafer production. Broadcom and chipmaker Avago will merge. On Thursday, Avago Technologies and Broadcom - two semiconductor manufacturers - announced the largest technology deal to date, a $37 ...
Silver Lake's Second Bite of Avago Paying Off  Wall Street Journal (blog)
Avago buys Broadcom for $37 billion  Chicago Tribune
TechSpot  
Lehman's Fuld Says It Wasn't His Fault
In an appearance marking his return to the public eye, Richard Fuld Jr. insisted he doesn't want to play “woulda, coulda, shoulda” about the collapse of Lehman Brothers Holdings Inc. But the former chief executive, speaking Thursday to a crowd of more than ...
Breaking Silence, Richard Fuld Speaks on Love, Putin and 'Rocky'  New York Times
Ex-Lehman CEO Richard Fuld blames financial crisis on 'perfect storm'  The Australian
With A $1.2 Billion Hammer, The FTC Closes Loophole To Prevent Generic Drugs
I believe this is biology's century. I've covered science and medicine for Forbes from the Human Genome Project through Vioxx to the blossoming DNA technology changing the world today.
Teva to pay $1.2B to settle pay-to-delay deals (TEVA)  Seeking Alpha
FTC Slams $1.2 billion on Teva for Devious Gains through Pay-For-Delay Strategy  Uncover California
US stocks dip on worries about Greece
Wall Street stocks dipped on Thursday, following leading eurozone equity markets lower on worries about a potential Greek exit from the currency bloc.
US stocks retreat on renewed Greece concerns  Xinhua
Automakers Expand Recalls of Cars With Takata Airbags
DETROIT - Three automakers on Thursday widened recalls of cars and trucks with Takata airbags, and Congress set a hearing next week on the safety issue.
Automakers, gov't reveal models in expanded Takata recall  Madison.com
Japan Limps Into 2nd Quarter as Inflation Stops, Spending Falls
The Japanese economy limped into the second quarter, as household spending fell, people left the job market and the central bank's key inflation gauge slowed to zero.
Japanese consumption falls a 13th month but inflation rises  Financial Times
Unexpectedly weak household spending casts doubt on BOJ's optimism  Reuters
Port Authority Picks Group to Remake La Guardia Airport
The first step toward turning La Guardia Airport into a travel hub fit for the 21st century was belatedly set in motion on Thursday afternoon.
Airport workers upset LGA renovation plan moves forward while promised ...  New York Daily News
Team Selected for La Guardia Redevelopment  Wall Street Journal
Who is at risk after the IRS data breach?
Reno, NV (KRNV & MyNews4.com) - IRS officials confirmed a data breach, but declined an interview with News 4. IRS agents are directing taxpayers to the website http://www.
Fighting For Your Identity- What you need to know about IRS data breach  Alabama's News Leader
The IRS Data Theft and Putin's Red Notice  Huffington Post
Amazon Primed to Take on Convenience Stores?
The e-commerce website has announced that its Prime Now service will offer one-hour delivery from local stores in addition to the tens of thousands of items offered by the online marketplace.
Amazon Offering Same-Day Delivery for Prime Members  The Ledger
Amazon debuts same-day delivery, but do you really need it?  azcentral.com
JPMorgan reportedly plans to cut more than 5000 jobs by next year
JPMorgan Chase & Co. (JPM) plans to cut more than 5,000 jobs by next year in an effort to trim costs and become more efficient, the Wall Street Journal reported citing people familiar with the matter.
JPMorgan to lay off 5000 employees across firm: WSJ  Washington Post
JPMorgan Chase to Lay Off 2% of Workforce Amid Cost Cuts  TheStreet.com