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U.S. markets news

Avago's Pending Broadcom Purchase Taps Arcane Tax Structure
Avago Technologies Ltd. AVGO 0.63 % 's pending takeover of Broadcom Corp. BRCM -1.58 % taps an arcane tax structure that has being dusted off amid a rise in cross-border mergers.
UPDATE 4-Avago to buy Broadcom for $37 bln in biggest-ever chip deal  Reuters
Chipmaker consolidation continues: Avago Technologies to acquire Broadcom ...  Embedded Computing Design
The Killeen Daily Herald  
Ex-Lehman boss to launch stock exchange this summer
Former Lehman Brothers chief Dick Fuld spoke publicly for the first time on Thursday in part to pave the way for this summer's relaunch of the National Stock Exchange, which Fuld part owns.
Unrepentant Lehman ex-CEO Fuld says firm 'was not bankrupt'  Reuters
Fuld Defends Lehman During First Public Appearance Since 2008 Bankruptcy  Daily Caller
Wall Street inches down on Greece, China worries
US stocks eased on Thursday as mixed messages about Greece's debt talks kept investor uncertainty high along with a sharp drop in Chinese shares after brokers tightened margin rules.
US stocks dip on worries about Greece  Sydney Morning Herald
Modest Loss for the Market After a Sell-Off in China  New York Times
Why a jump in pending home sales may not mean more closings
WASHINGTON (MarketWatch)—There was good news for the U.S. housing market Thursday morning: A gauge of upcoming sales of existing homes rose last month to the highest level in nine years, the National Association of Realtors reported.
Pending home sales hit nine-year high  Chicago Tribune
Pending U.S. home sales jump to strongest level in 9 years  Sarasota Herald-Tribune
World Energy Leaders at Sixth Clean Energy Ministerial Announce Ambitious ...
MERIDA, Mexico, May 28, 2015 /PRNewswire/ -- At the sixth Clean Energy Ministerial (CEM6), Mexico Secretary of Energy Pedro Joaquin Coldwell, U.S.
Renewables Hit A Peak
Apple, Google and Facebook Oppose a Freeze on Renewable Energy Targets ...  Greentech Media
Free Same-Day Delivery Is Amazon's Gambit to Own All Retail
The battle to win same-day delivery has raged for years, but Amazon has remained a relatively quiet player—until now. Today, the company unveiled free same-day delivery for members of its wildly popular Prime service in 14 US metro areas.
Amazon to offer free same-day delivery to Prime members
Amazon Prime to offer free same-day delivery in Indy  Indianapolis Star
Fiat Chrysler, Honda and BMW expand airbag recall
Three big carmakers have expanded recalls of vehicles with faulty airbags. The move from Fiat Chrysler, Honda and BMW comes after Takata Corp, the Japanese airbag maker last week said the number of vehicles affected was 53 million globally.
Automakers, gov't reveal models in expanded Takata recall  Maryville Daily Times
UPDATE 2-FCA, Honda, BMW expand recalls of vehicles with Takata air bags  Reuters
IRS bilked for billions in bogus refunds: audit
Internal Revenue Service (IRS) Commissioner John Koskinen testifies on Capitol Hill in Washington, Wednesday, April 15, 2015, before the Senate Homeland Security and Governmental Affairs Committee hearing to examine IRS challenges in implementing ...
3 On Your Side: Thieves Steal IRS Tax Info & Claim $50 Million In Bogus ...  CBS Local
Senate To Hold Hearing On IRS Hacking Affecting 200000  Daily Caller
Bullard Warns Delaying Fed Rate Rise Boosts Asset-Bubble Threats
Federal Reserve Bank of St. Louis President James Bullard warned that keeping interest rates near zero risks inflating asset-price bubbles, saying officials should raise borrowing costs this year as the economy improves.
James Bullard: Fed Should Raise Rates As Economy Improves  ValueWalk
Fed's Bullard presses for US interest rate increase  The Australian Financial Review
Stocks fall on Greek concern, yen falls further
NEW YORK The U.S. dollar hit its highest against the yen since 2002, while global stocks cascaded lower after Chinese brokerages tightened margin rules and the IMF head downplayed talk of an imminent deal to keep Greece afloat.
Dollar momentum wanes, China stocks take heavy tumble | Reuters  Firstpost
Stocks fall on Greek concern  The Daily Star