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Government agencies keep sacrificing cash to zombie IT systems, GAO finds
For those of you who don't remember, this is what an 8-inch floppy disk looks like. Government Accountability Office. Some of the most critical business systems run by US government agencies are older than many of the IT people who support them ...
The US is still using floppy disks to run its nuclear program  CNN
Report: US Spending 75% of Billion-Dollar IT Budget on Aging Computer Systems  ABC News
Fox News  
Brent oil breaks above $50 for first time in seven months
LONDON Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months as a global supply glut that plagued the market for nearly two years showed signs of easing.
Oil Prices Rise Above $50 a Barrel  Wall Street Journal
Oil tops $50 for first time since fall  USA TODAY
Exxon, Chevron Shareholders Defeat Anti-Drilling Proposals
Big Oil investors voted to continue doing the thing that has defined the industry since the 19th century: drilling for crude. Shareholders of Exxon Mobil Corp.
Climate-Change Tests Voted Down -- WSJ  Nasdaq
Exxon shareholders pass measure that may put climate expert on board  Reuters
Amazon.com, Inc. (AMZN) Plans Three New Fulfillment Centers; Launches Comixology
The e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN) on Wednesday said it is opening a second fulfillment center in Joliet, Illinois, and two new warehouses in California, bringing its total number of fulfillment centers in the Golden State to nine.
Active Valued Watching Stock- Amazon.com, Inc. (NASDAQ:AMZN), Copart, Inc ...  Seneca Globe
Amazon Announces Another Three Fulfillment Centers in US  EcommerceBytes
Minimum wage protesters gather at McDonald's headquarters
Protesters for a $15 an hour minimum wage gathered at McDonald's headquarters in Oak Brook for the third consecutive year. Chuck FieldmanContact ReporterPioneer Press.
McDonald's Shuts Its Headquarters as Protesters Rally for $15 an Hour  Fortune
Workers Camp Out At McDonald's Headquarters In Push For $15 Wage  CBS Local
UPDATE 1-Dollar General quarterly profit beats estimates
(Adds details, background, share move). May 26 Discount retailer Dollar General Corp reported a better-than-expected quarterly profit as more customers came through the door and spent more on average while lower utilities costs and tax rate helped put ...
Dollar General Tops Views Amid Continued Sales Improvement  Wall Street Journal
Dollar General Beats EPS Estimates in First Quarter  TheStreet.com
Abercrombie's Sales Slip as Fewer Shoppers Visit Its Stores
Abercrombie & Fitch Co. ANF 0.97 % 's turnaround efforts were derailed last quarter, as fewer shoppers visited its stores and the teen retailer tried to hold the line on discounts.
Apparel retailer Abercrombie's sales fall for 13th straight quarter  Reuters
Abercrombie and Fitch Stock Plunges on Earnings Miss; Should Investors Panic?  TheStreet.com
Sears Is Exploring Options for Its Kenmore and Craftsman Brands
The retail could sell off its crown jewels. Sears Holdings SHLD 4.59% is looking for ways to squeeze much needed money out of its most attractive remaining assets: its Kenmore, Craftsman, and DieHard appliance and tool brands.
Sears Revenue Declines, Retailer to Explore Deals for Key Brands  Wall Street Journal
Early movers: SHLD, TWX, ANF, DLTR, SAFM, HPQ, COST, LGF & more  CNBC
RBC Profit Beats Estimates on Gains in Wealth Management, Retail
Royal Bank of Canada posted fiscal second-quarter profit that beat analysts' estimates on record earnings in personal and commercial banking and gains from last year's U.S.
Royal Bank of Canada Posts Better-Than-Expected Profit  Wall Street Journal
Royal Bank of Canada to repurchase up to 20 million of its common shares  MarketWatch
Another investor criticizes Tribune's moves, but 2 more proxy advisors back ...
Another major Tribune Publishing investor is crying foul over the company's rejection of Gannett's buyout offer -- even as two more advisory firms weighed in to give the board cover against a possible shareholder lawsuit.
Glass Lewis recommends shareholders vote for Tribune Publishing board  Reuters
Investor blasts Tribune for rebuffing Gannett  USA TODAY