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U.S. markets news

Asian shares edge up, Fed views hurt some markets
TOKYO Asian shares edged higher on Monday but gains were capped by concerns that market volatility may intensify as the U.S. central bank prepares to raise interest rates for the first time in six years.
Fed rate hike expectations hurt Asia FX, Singapore dollar 1-month low after CPI  Economic Times
Asian shares edge down on US rate hike bets  Irish Times
Law expert: Feds may push GM guilty plea
Decision in delayed ignition switch recall to come as Justice Dept. has been taking harder line on corporate wrongdoing. Loading… Post to Facebook.
Feds Find Criminal Wrongdoing In GM Ignition Switch Case  Tech Times
GM inquiry said to find criminal wrongdoing  San Antonio Express-News (subscription)
Oil trades sideways as markets weigh demand, supply metrics
Crude-oil futures traded sideways in early Asian trade Monday as investors weighed signals of global oil demand growth and U.S. oil supply, and amid caution ahead OPEC's next meeting in early-June.
Oil Trades Near $60 as Retreat in U.S. Drilling-Rig Count Slows  Bloomberg
Crude oil futures edge up to Rs. 3825 per barrel  Hindu Business Line
Greece leaders reject call to miss IMF payment
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 instalment.
If talks fail, Grexit will be inevitable  Independent Online
Greece Cannot Make Debt Payment to IMF in June, Says Interior Minister  NDTV
Anything but coal: solar the most popular energy source in Australia
Solar energy is the most popular source of electricity in Australia with more than three times the backing of coal-fired or nuclear power, a survey by Ipsos has found.
Renewable energy: a freeze on new letters of intent
Light on NC solar industry focused on ending preferences  Greenville Daily Reflector
Etsy may face 'Handmade' rival from Amazon
Craft makers, would you decamp from Etsy for someplace called Handmade at Amazon? The e-commerce giant is looking to gauge your interest.
Amazon's new marketplace: Amazon is all set to launch its new ...  Benchmark Reporter
Amazon (AMZN) Readies Launch Of “Handmade” Artisan Goods Site In A Bid To ...  Bidness ETC
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
Local gas station hit hard on Sunday of holiday weekend
With most of United Petroleum's loyal customers away on vacation and not being located off a central highway, that makes for bad business until customers return.
Travel Tips This Memorial Day Weekend  CBS Local
It's Memorial Day, so gas prices have to go up, right?  WFAA
Amazon now paying tax in Germany and UK
Online retailer Amazon has started paying tax on profits from its sales to German customers in Germany instead of in Luxembourg. The change took effect on May 1, Sueddeutsche Zeitung daily quoted the company as saying on Sunday.
Amazon to stop funnelling taxes through Luxembourg  Irish Times
Amazon changes tax practices in Europe as investigations continue - WSJ  Reuters
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 announces more lay-offs  The Australian
BlackBerry layoffs more evidence that smartphones are not its real future  Cantech Letter