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U.S. markets news

Two Tesla execs take a 'break' as earnings loom
SAN FRANCISCO - Innovative yet struggling Tesla Motors, which will announce its first-quarter earnings after the bell Wednesday, has lost the services of two top employees.
Tesla Loses Two Manufacturing Executives  Wall Street Journal
Tesla has lost 2 execs who actually build its cars  Business Insider
ValueWalk  
Teen retailer Aeropostale files for Chapter 11 bankruptcy protection
Aeropostale Inc. filed for Chapter 11 bankruptcy protection on Wednesday, the latest in a wave of teen retailers that have struggled to adapt to changing fashion trends.
Three Colorado Aeropostale stores on list of those to close  The Denver Post
A�ropostale Lashes Out at Lender After Filing for Bankruptcy  Wall Street Journal (blog)
Strong US services sector data buoys economic outlook
WASHINGTON The U.S. services sector expanded in April as new orders and employment accelerated, bolstering views that economic growth would rebound after almost stalling in the first quarter.
ADP Shows Private-Sector Hiring Cooled to 156000 in April  Wall Street Journal
ADP Says Companies in U.S. Added 156000 Workers in April  Bloomberg
Warner Bros. CEO: DreamWorks Animation Sale Won't Cause "Significantly More ...
Kevin Tsujihara says the studio feels "great" about its growth outlook and vows to continue focusing on reducing costs, while Time Warner executives also predict a strong upfront and discuss a possible cable-style Hulu service.
Time Warner (TWX) Jeffrey L. Bewkes on Q1 2016 Results - Earnings Call ...  Seeking Alpha
Time Warner Expects Upfront Sales To Be Strongest “In Years”  Deadline
World's biggest diamond to be auctioned in London
NEW YORK "Lesedi la Rona," the largest gem-quality rough diamond discovered in more than 100 years, will be auctioned in London next month and is expected to sell for $70 million, international auction house Sotheby's said on Wednesday.
Diamond the size of a tennis ball could fetch $70 million  The Seattle Times
World's second-biggest diamond expected to fetch $70 million at auction  CNNMoney
Anonymous Launches Month-Long Hacking Campaign Against Banks
It started with the Bank of Greece. The hacking collective Anonymous has already launched one successful campaign against banks and has more planned.
Anonymous attacks Greek Central Bank and vows to take down more banks' sites  CNNMoney
Anonymous hacks Greek central bank, plans 30-day cyberattack campaign ...  New York Daily News
Dow futures sink—Trump victory, jobs also in focus
U.S. stock futures were sharply lower this morning, after Tuesday's decline on Wall Street wiped out the strong start to May and then some.
Wall St. lower as tepid data adds to growth worries  StreetInsider.com
Wall Street set to open lower as private jobs data weighs  Business Insider
Here's Why Under Armour Shares Are Sliding
The market doesn't like this executive shakeup. Shares of Under Armour are dipping on Wednesday a day after the athletic gear purveyor reported two key executives would leave the brand, including the crucial chief merchant.
Under Armour Falls as Management Departures Stoke Growth Concern  Bloomberg
Under Armour Inc Stock Plunges After Corporate Shakeup Seen as Alarming Sign  Bidness ETC
ECB Decrees Slow Death of 500-Euro Note in Fight Against Crime
The European Central Bank will discontinue production of the 500-euro ($575) banknote in a move that risks tensions with euro-area citizens worried the institution is encroaching on their freedoms.
Euro Bears See Rally Running Out of Steam  Wall Street Journal
The ECB is getting rid of drug cartels' favorite currency  Business Insider
Survey: Upcoming election makes small business owners wary
NEW YORK (AP) - Uncertainty about the approaching presidential election is leading small business owners to take a wait-and-see approach to the economy and their companies, a survey published Tuesday shows.
Survey: Small Business Owners Unhappy With Presidential Campaign  Morning Consult