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U.S. markets news

Procter & Gamble bringing back former chief; other business news
Consumer products. P&G bringing back its former CEO. Procter & Gamble is replacing chief executive Bob McDonald with his predecessor, A.G.
P&G gambles on AG delivering the goods  Financial Times
Procter & Gamble Says A.G. Lafley Rejoins as Chairman and CEO  Bloomberg
Businessweek   Related articles »  
Retailers unhappy with credit card fees settlement
NASHVILLE, Tenn. -- A multibillion-dollar settlement over credit card swipe fees is facing growing opposition from some of the nation's largest retailers.
Visa, MasterCard Sue Interchange-Fee Settlement Drop Outs  Bloomberg
Troubled Visa Settlement Takes Another Hit As Retailers File Own Suit  Forbes
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Orders for U.S. Durable Goods Rose More Than Forecast in April
Orders for U.S. durable goods increased more than forecast in April, indicating the world's largest economy will get a lift in the second half of the year as business investment strengthens.
Durable Orders Bounce Back, but Shipments Decline  Wall Street Journal
TABLE-US April durable goods orders rose 3.3 pct  Reuters
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Hulu draws more bidders
Yahoo Inc., fresh off its $1.1-billion deal this week to acquire personal blogging site Tumblr, got in line Friday to pick up video streaming site Hulu.
Hulu Said to Get Bid From KKR, Silver Lake  Bloomberg
Yahoo joins growing list of bidders for Hulu: sources  Reuters
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Jobless Claims Fall to 340000
WASHINGTON�The number of U.S. workers seeking new unemployment benefits fell last week by more than expected, another sign of slow improvement in the labor market.
US jobless claims drop more than expected last week  Reuters
Ahead of the Bell: US Unemployment Benefits  Businessweek
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News Corp. Board Approves Split
News Corp .'s board approved the company's separation into two publicly traded entities, moving a step closer to splitting its entertainment businesses from the publishing division.
News Corp to split in two on 28 June  BBC News
News Corp. to take up to $1.4-billion write-down in publishing  Los Angeles Times
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Trustee opposes $20M payout to American Air CEO
The Justice Department is objecting to a proposed $20 million severance payment for American Airlines CEO Tom Horton, saying it's bigger than allowed by bankruptcy law.
US opposes $20-million severance plan for AMR's CEO  Los Angeles Times
Horton's $20 million severance package from AMR again under fire from US ...  Dallas Morning News
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Singing the Abe Electric
Japanese Prime Minister Shinzo Abe next month announces a major tranche of structural reforms, the so-called third arrow in his three-pronged plan to revive the economy.
Abe Heads to Myanmar as Japan Inc. Eyes Cheapest Wages in Asia  Bloomberg
The problem with Japan's high-stakes economic mind game  The Guardian
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Paul Tudor Jones: In macro trading, babies are a 'killer' to a woman's focus
Paul Tudor Jones, the hedge fund billionaire, told an audience of University of Virginia students, alumni and others that it is difficult for mothers to be successful traders because connecting with a child is a focus �killer.
Sorry Paul Tudor Jones: It's Male � Not Female � Traders We Should Be ...  TIME
Hedge Fund Chief's UVA Comments on Women Spark Controversy  Businessweek
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Bausch & Lomb Nears Deal to Sell Itself to Valeant for $9 Billion
Bausch & Lomb Inc. is nearing a deal to sell itself to drug maker Valeant Pharmaceuticals International Inc. for about $9 billion, according to people familiar with the matter�a surprise move that highlights a resurgence in private-equity deal making after years ...
Bausch & Lomb Said to Be Near $9 Billion Sale to Valeant  New York Times
Warburg Would Get Threefold Return in Bausch Transaction  Bloomberg
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