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U.S. markets news

GOP candidate accused of body-slamming reporter has said retirement is 'not ...
Greg Gianforte, the Montana Republican candidate charged with assaulting a reporter, has not quite reached retirement age. But based on what he has said in the past, he might never stop working anyway.
Sinclair owned station in Montana won't air recording of Gianforte assault  Media Matters for America (blog)
Audio of Incident Between Montana GOP Candidate and Reporter  Wall Street Journal (blog) (subscription)
Business Insider  
Mark Zuckerberg Tells Harvard Graduates To Embrace Globalism, 'A Sense Of Purpose'
Harvard dropout Mark Zuckerberg returned to the university Thursday to give graduates a commencement address, filled with calls for building a connected world "where every single person has a sense of purpose.
Mark Zuckerberg tells Harvard grads that automation will take jobs, and it ...  Washington Post
What Facebook CEO Mark Zuckerberg is more afraid of than screwing up his ...  CNBC
European markets lower as oil stocks weigh; sterling falls; G-7 meeting watched
European bourses were lower on Friday afternoon as slumping oil prices continued to weigh on investor sentiment. Symbol. Name. Price.
OPEC's Missed Opportunity  Bloomberg
Russia's Novak says may discuss adjustments to OPEC deal at monitoring ...  Reuters
CEO pay by the numbers: How big were last year's raises?
The typical big-company CEO raked in $11.5 million last year in salary, stock and other compensation, according to a study by executive data firm Equilar for The Associated Press.
the President's Ear  New York Times
Judge Orders UPS to Pay $247 Million for Illegally Shipping Cigarettes
A federal judge found UPS liable for illegally shipping cigarettes in New York State, which cost the state and New York City millions in taxes.
US court fines UPS $247 million over illegal cigarette shipments  CNBC
Judge: UPS must pay $247M to NYC and state in cigarette case  Washington Post
Japan, South Korea drive global bitcoin prices as retail investor pile in
A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015.
Ethereum, the bitcoin rival that has rallied 2700%, is headed for a 38 ...  CNBC
Even the world's largest bitcoin exchange couldn't handle this week ...  TechCrunch
China's reforms not enough to arrest mounting debt: Moody's
FILE PHOTO: A labourer has his dinner under his shed at a construction site of a residential complex in Hefei, Anhui province, August 1, 2012.
China ups control of currency with yuan fix tweak  MarketWatch
China's Hand-of-State Tightens Grip on Market With Yuan Move  Bloomberg
GM Accused in Lawsuit of Deceit on Diesel Truck Emissions
The 2015 GMC Sierra Denali 2500HD is among the models named in a lawsuit over emissions against General Motors. Credit General Motors.
Lawsuit claims GM used VW-like defeat devices  The Detroit News
Lawsuit alleges GM rigged diesel pickups to pollute  USA TODAY
S&P and Nasdaq close at record highs as big tech stocks rise
U.S. stocks closed higher on Thursday as tech stocks climbed while Wall Street remained positive about the Federal Reserve's plan to trim its balance sheet.
Stock Futures Fall Ahead of Revision to First-Quarter U.S. Economic Growth
Wall Street hits record highs, helped by consumer stocks  Reuters
Ford's fired CEO Mark Fields is in line for big payday
Mark Fields, the CEO of Ford who was ousted as the company's stock price slid near 40% of its value during his tenure, could see a payout of $57.5 million, according to Bloomberg.
Lack of new product launches leaves Ford scrambling to catch up to GM
Jim Hackett's Toughest Job Yet: Leading Ford into the Driverless Era  MIT Technology Review