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U.S. markets news

Fed's Bullard says global markets seem well-prepared for summer rate hike
SEOUL St. Louis Federal Reserve President James Bullard said on Monday global markets appear to be "well-prepared" for a summer interest rate hike from the Fed, although he did not specify a date for the policy move.
Fed's Bullard taking wait-and-see approach to rate hikes  MarketWatch
St. Louis Fed's Bullard Discusses Optimal Monetary Policy Amidst ...  PR Web (press release)
Seeking Alpha  
Coke to unveil new patriotic cans for Memorial Day weekend
New patriotic cans of Coca-Cola are being rolled out this Memorial Day. The cans are a tribute to the 75th anniversary of the founding of the United Service Organizations.
Coke debuts 'proud to be an American' cans  CNNMoney
Coca-Cola Enterprises, Inc. (NYSE:CCE) Quarterly EPS From Continuing ...  Vanguard Tribune
China stocks close up marginally, policy uncertainty tempers demand
SHANGHAI May 30 China stocks closed up on Monday with many investors taking to the sidelines amid uncertainty over the monetary policy outlook even as the economy fails to show signs of a sustained recovery.
Nikkei shoots up over 1% after Yellen comments trigger yen weakness  MarketWatch
Hang Seng ends higher; Europe markets mixed at open  Hong Kong Standard (press release)
Noble Group CEO Alireza Quits as Part of Energy Unit Put on Sale
Noble Group Ltd. said Yusuf Alireza resigned as chief executive officer and announced a plan to sell part of its gas and power unit less than a month after Alireza himself described Noble Americas Energy Solutions as one of the core assets it wanted to ...
Noble CEO exit signals reduced ambitions  Reuters Blogs (blog)
Noble Group's CEO resigns in surprise move, to sell US energy unit  Reuters
Why Coca-Cola is unveiling new, patriotic cans
Coca-Cola released a new patriotic design ahead of Memorial Day. It's a good way to show appreciation for US service members - and a savvy marketing tactic.
Coca Cola Debuts Limited-Edition Patriotic Cans  CBS Local
Coca-Cola releases patriotic red,white and blue can  Atlanta Journal Constitution
Puerto Rico bill clears big hurdle, but resistance remains among some lawmakers
The last time Congress considered a debt-restructuring bill for Puerto Rico after lawmakers returned from a two-week recess, the measure died in committee.
Puerto Rico: Persuaded By What I Didn't Hear  Wall Street Pit Puerto Rico Rescue Bill Is a Conservative Win  Newsmax
Elon Musk vs Warren Buffett: how two titans see carbon-free electricity
There's an energy battle brewing in Nevada. On one side is electric utility NV Energy, owned by billionaire Warren Buffett. On the other is SolarCity, the solar-power company owned by Tesla CEO Elon Musk.
Florida's solar amendment is for real  Miami Herald
Warren Buffett's NV Energy Is Losing Customers on the Vegas Strip to ...  Motley Fool
Earnings Roundup: NGL Energy Partners LP (NYSE:NGL)
NGL Energy Partners LP (NYSE:NGL) on May 27, 2016 reported a net loss for the quarter ended March 31, 2016 of $207.0 million including gains related to the sale of the TLP GP and the early extinguishment of debt totaling $158.9 million offset by a ...
Top Buys by Top Brass: CEO Dehaemers Jr.'s $239.1K Bet on TEP  Forbes
NGL Energy Partners' (NGL) CEO Mike Krimbill on Q4 2016 Results ...  Seeking Alpha
FLSA's final rules published
As you may recall, I previously reported in this column that the Department of Labor had announced a proposed rule change to the Fair Labor Standard Act's (FLSA) regulations that would change certain qualifying criteria for salaried positions, also ...
New overtime rule may affect 132000 N.J. workers
The new overtime rule's fine print  Arkansas Online
Verizon workers strike may trim US payroll growth in May by 35000
WASHINGTON: The strike by Verizon Communications Inc workers will likely trim US nonfarm payroll growth in May by at least 35,000 jobs, a Labour Department report showed on Friday.
Verizon Strike 2016 Concludes? Agreement To Bring 'Big Gains' For ...  Jobs & Hire
Opposition grows to CWA effort to shut down Verizon strike  World Socialist Web Site