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U.S. markets news

Google just revealed it's paying its new CFO $70m
Google just found out that luring a top executive from Wall Street to Silicon Valley is expensive. The Californian company is paying its new chief financial officer, Ruth Porat, more than $70m to defect from the same job at New York investment bank Morgan ...
Porat to receive $70m Google award  Financial Times
Google Details Pay for Incoming Financial Chief -- Update  Nasdaq
Huffington Post  
Fed market gurus prep rate hike amid last-minute anxieties
NEW YORK (Reuters) - The New York Federal Reserve officials tasked with prying interest rates off the floor have been meeting with bankers and traders to plot how best to do it, amid deep uncertainty over how much control they will really have over ...
Dollar Rises on U.S. Data, Fed Remarks  Nasdaq
The Fed still needs to figure out how to raise interest rates  The Daily Star
Fewer Americans signed up for unemployment benefits
will continue adding carbon to the treatment process as a precautionary measure. fewer americans signed up for unemployment benefits over the last couple weeks, showing there could be an upswing in hiring.
Jobless claims in US fall to its lowest level in five weeks suggesting a ...  Benchmark Reporter
Fewer US Jobless Claims Suggest a Rebounding Economy  New York Times
Payday Loan Rules Proposed by Consumer Protection Agency
BIRMINGHAM, Ala. - The Consumer Financial Protection Bureau, the agency created at President Obama's urging in the aftermath of the financial crisis, took its most aggressive step yet on behalf of consumers on Thursday, proposing regulations to rein in ...
Obama defends consumer agency's effort to curb predatory payday lending  Lexington Herald Leader
Payday loan 'debt traps' could face federal crackdown  SFGate
Lululemon's pants designed for the male anatomy are totally crushing it
Pedestrians walk past a Lululemon Athletica store in New York. Photograph by Lucas Jackson - Reuters. The man-friendly pants are driving sales.
Lululemon strikes a new pose: Full-figured tanks  CNBC
UPDATE 5-Lululemon reassures investors that its problems are temporary  Reuters
Hands on: AT&T Velocity hits the WiFi hotspot
I'm using the ZTE-built AT&T Velocity WiFi hotspot as I write up my quickie review of the device here, and sure enough it's providing me with ample speed as I fact check on the web during this process.
AT&T launches 75-megabit Internet service, but not everyone can get it ...  seattlepi.com (blog)
AT&T touts wireless network improvements near Petaluma, Santa Rosa  Santa Rosa Press Democrat
GameStop profit forecast falls short on weak demand for consoles
March 26 (Reuters) - GameStop Corp's full-year profit forecast missed Wall Street expectations as the dollar strengthened and demand for new PlayStation 4 and Xbox One consoles failed to make up for falling sales of earlier versions.
GameStop slumps as exchange rates pressure its outlook  Dallas Morning News
Bolstered By Digital, GameStop Posts Big Annual Numbers  PSX Extreme
Jet cockpit doors nearly impossible to open by intruders
Canadian airlines quickly moved to require two crew members inside the cockpit at all times after voice recordings from the Germanwings crash revealed that the pilot was pounding on the door to get inside.
Some foreign airlines adopt U.S. rule requiring 2 in cockpit  Newsday
Airlines introduce two-person cockpit rule after Alps crash  Reuters
Best bet for Kraft Heinz: Un-Kraft
Kraft's richest assets may be ingrained in its storied past, but under Heinz, the trick will be to transport the likes of Jell-O, Cheez Whiz and Kool-Aid into modern-day relevance.
Reading the Fine Print in the Heinz-Kraft Deal  New York Times
3G to cut costs after Kraft merger  The Star Online
With Alibaba shares spun off, Yahoo shifts focus to its own stock price
The new repurchasing plan is in addition to an existing buy-back program that allows Yahoo to repurchase $726 million worth of company stock, according to MarketWatch.
Yahoo boosts share buyback plan by $2 billion  Daily Mail
Yahoo will buy back $2B in stock over 3 years as it prepares for spinoff of ...  The Tribune