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U.S. markets news

Soft Jobs Market Clouds Outlook
U.S. companies slowed the pace of hiring in April while paying workers only slightly more, signaling a softening of the labor market that knocked down economists' expectations for a Federal Reserve interest-rate increase next month.
Economy whiffs on job creation in April  CNBC
Labor Trade Off: Growth Slows, But the Quality of Jobs is Improving
Los Angeles Times  
Top Tribune Publishing shareholders at odds over sale to Gannett
The second-largest shareholder of Los Angeles Times owner Tribune Publishing has ratcheted up the pressure on the company's board to reconsider a sale to USA Today publisher Gannett Co.
Tribune shareholder urges talks with Gannett  Kitsap Sun
Large shareholder to Tribune Publishing: Talk to Gannett about sale  Chicago Tribune
Prince Needed a Will, but Maybe You Don't
Tributes and memorials dedicated to Prince on the fence that surrounds Paisley Park. Though he died without one, Prince needed a will.
Prince's heirs face a monumental challenge  CNN
Prince's Music Is Already Being Licensed By His Estate  Jezebel
Digital currency firm co-founder gets 20 years in US prison
May 6 - The co-founder of Liberty Reserve, the operator of what had been a widely-used digital currency, was sentenced to 20 years in prison on Friday for conspiring to help cyber criminals launder hundreds of millions of dollars using its services.
Liberty Reserve Head Sentenced to 20 Years in Prison  Wall Street Journal
'Black Market Bank' Co-Founder Budovsky Sentenced to 20 Years  Bloomberg
US stocks gain but log second straight week of losses
U.S. stocks bounced back from earlier weakness to close higher on Friday but logged their second straight week of losses. Main indexes were pressured after data showed that the economy added only 160,000 new jobs in April while the unemployment rate ...
Stocks Shake Off Earlier Loss to Close Higher  New York Times
Stock market shakes off an early loss and turns higher  CBS News
Jamba Juice will move headquarters from Bay Area to Texas
More than 25 years after the first Jamba Juice shop opened in San Luis Obispo, the owner of the smoothie company announced plans to move its headquarters from California to Texas within eight months.
Jamba Juice will leave East Bay, move HQ to Texas  Chico Enterprise-Record
Jamba Juice cites 'competitive operating costs' in move from ...  Washington Times
Treasury Department Rejects Plan to Cut Pension Benefits for Teamsters
Teamsters union retirees took part in a rally on the West Front of the United States Capitol on April 14, voicing their opposition to a proposal that would impose deep cuts on their pension benefits.
Feinberg Rejects Central States' Plan for Pension Cutbacks  Bloomberg
30000 Michigan Teamsters avoid pension cuts  The Detroit News
Donald Trump Is Coherent on Monetary Policy, but Not on Debt
Janet Yellen with the former Fed chairs Ben Bernanke, center, and Paul Volcker. Donald Trump said he would most likely replace her as Fed chairwoman if he became president.
Donald Trump Says He Would Replace Janet Yellen, Supports Low Interest Rates  Wall Street Journal
Trump Says He Would Get Rid of Janet Yellen Because She's Not a Republican  Slate Magazine (blog)
Panama Papers source breaks silence, denies being a spy - Sueddeutsche Zeitung
BERLIN Sueddeutsche Zeitung said on Friday that the source of millions of documents leaked to the German newspaper from Panamanian law firm Mossack Fonseca had sent them a manifesto, saying his motivation was the "scale of injustices" the papers ...
Source of Panama Leak Offers Authorities Help in Prosecutions  Bloomberg
'John Doe' Offers To Turn Over Original Panama Papers Documents To ...  NPR
FCC Backs Charter's Acquisition of Cable Companies
WASHINGTON - The Federal Communications Commission confirmed on Friday that it had approved Charter Communications' acquisitions of Time Warner Cable and Bright House Networks.
Charter now Comcast's biggest nationwide rival after TWC approval  Ars Technica
FCC approves Charter's acquisition of Time Warner Cable  Los Angeles Times