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U.S. markets news

Asian shares edge down on US rate hike bets
TOKYO Asian shares got off to a lacklustre start on Monday, after rising inflation and a hawkish tone from the U.S. Federal Reserve Chair rekindled expectations that the Fed is on track to hike interest rates.
RPT-GLOBAL MARKETS-Asian shares little changed, Fed views hurt some ...  Reuters Africa
FOREX-Dollar hits 2-month high vs yen after CPI boost  Yahoo Finance UK
GlobalPost  
Oil Trades Near $60 as Retreat in U.S. Drilling-Rig Count Slows
Oil traded near $60 a barrel as explorers in the U.S. increased drilling activity for the first time since November. Futures were little changed in New York after falling 1.7 percent on Friday.
UPDATE 1-Oil prices edge up on firm Asian, US demand  Reuters
Oil prices edge up on firm Asian, U.S. demand  GlobalPost
Prosecutors forge criminal case in GM switch deaths
Justice Department investigators have identified criminal wrongdoing in General Motors' failure to disclose a defect tied to at least 104 deaths and are negotiating what is expected to be a record penalty, according to people briefed on the inquiry.
DOJ Finds Evidence of 'Criminal Wrongdoing' in General Motors' Probe  Breitbart News
GM Is Set to Face Criminal Charges Over Ignition Switches  Wall Street Journal
Greece's leftist leaders reject call to miss debt payment
ATHENS, Greece (AP) - Greece will continue paying its debts, after its ruling Radical Left Coalition narrowly rejected a call by party hardliners to miss its next International Monetary Fund loan payment.
Greece 'won't make €1.6bn June repayment'  Irish Examiner
Greece cannot make International Monetary Fund repayment, minister says  Sydney Morning Herald
Renewable energy: a freeze on new letters of intent
AFTER achieving commissioning of five wind energy projects of 255MW and financial closing for seven projects of 377MW - with a cumulative investment of $1.7bn - the government's decision to stop issuing new letters of intent for renewable energy ...
Rooftop solar units stymied by policy imbroglio  Financial Express
Light on NC solar industry focused on ending preferences  seattlepi.com
Protesters Rally Worldwide against Genetically Modified Organisms
Hundreds of thousands of environmentalists and health concerned activists rallied May 23 in more than 400 cities worldwide to protest against the leading producer of genetically modified seeds Monsanto Corp, its business practices, and the dangers GMOs ...
Hundreds Take to the Capitol to Protest Monsanto  FOX40
100s march in Vegas as part of protest against Monsanto  Washington Times
It's Memorial Day, so gas prices have to go up, right?
Memorial Day weekend is here and folks are getting ready to hit the road for the summer. Swimming suit packed. Check. Beach umbrella and chairs in.
Travel Tips This Memorial Day Weekend  CBS Local
Memorial Day Weekend Travel  Four States Homepage
China Stocks Lead Asia Markets Higher
Chinese stocks rallied for a fifth straight day Monday, leading Asian markets mostly higher, while a stronger dollar also provided a tonic for regional exporters, helping Japanese shares gain ground.
Nikkei advances on trade deficit data  Financial Times
Asian stock markets mostly higher in quiet trading day  nwitimes.com
Coast Guard, government agencies respond to Cook Inlet fuel spill
ANCHORAGE, Alaska - The Coast Guard is responding to a fuel spill in southeastern Cook Inlet. The Alaska Dispatch News reports (http://bit.
Rough seas blamed for Cook Inlet fuel spill  Kenai Peninsula Online
BlackBerry cutting staff in smartphone unit
BlackBerry plans to lay off an unspecified number of staff in its devices unit, as it attempts to make that business profitable, while expanding in other areas.
BlackBerry cuts jobs worldwide in smartphone consolidation  The Age
BlackBerry announces more lay-offs  The Australian