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U.S. markets news

Procter & Gamble changes leadership
A.G Lafley, president and CEO of Procter and Gamble, speaks at the companies annual shareholderes meeting, Tuesday, Oct. 11, 2005, in Cincinnati.
P&G Looks for Steve Jobs-Like Sequel by Recalling Ex-CEO  Bloomberg
P&G buoyed by return of Lafley  Financial Times
Wall Street Journal   Related articles »  
Orders for U.S. Durable Goods Rose More Than Forecast in April
Orders for U.S. durable goods increased more than forecast in April, indicating the world's largest economy will get a lift in the second half of the year as business investment strengthens.
Durable Orders Bounce Back, but Shipments Decline  Wall Street Journal
TABLE-US April durable goods orders rose 3.3 pct  Reuters
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Target, Macy's Sue MasterCard, Visa Over Card Swipe Fees
Target Corp. (TGT) and Macy's Inc. (M) joined with 15 other retailers in suing Visa Inc. and MasterCard Inc. (MA) over credit-card and debit-card fees after dropping out of a multibillion-dollar settlement of a similar case.
Troubled Visa Settlement Takes Another Hit As Retailers File Own Suit  Forbes
Large US retailers sue Visa, MasterCard over card fees  Reuters
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Jobless Claims Fall to 340000
WASHINGTON�The number of U.S. workers seeking new unemployment benefits fell last week by more than expected, another sign of slow improvement in the labor market.
US jobless claims drop more than expected last week  Reuters
Ahead of the Bell: US Unemployment Benefits  Businessweek
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News Corp. Board Approves Split
News Corp .'s board approved the company's separation into two publicly traded entities, moving a step closer to splitting its entertainment businesses from the publishing division.
News Corp to split in two on 28 June  BBC News
News Corp 'poison pill' share plan to protect empire's dept  Moneycontrol.com
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Report: Yahoo, Pay-TV Operators Among Hulu Bidders
Online video site Hulu is again up for sale, with Yahoo and pay TV operators DirecTV and Time Warner Cable among the seven bidders, according to a person with direct knowledge of the matter.
The case for and against a Yahoo/Hulu deal  Silicon Valley Business Journal
Chernin, Guggenheim, pay-TV distributors bid for Hulu  Los Angeles Times
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New Zealand in Tight Range Ahead of Fed Testimony
WELLINGTON�The New Zealand dollar was sticking to a tight range late Wednesday, ahead of Federal Reserve Chairman Ben Bernanke's testimony to the Joint Economic Committee of the U.S.
Is the end of quantitative easing near?  Marketplace.org
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Abe Heads to Myanmar as Japan Inc. Eyes Cheapest Wages in Asia
Prime Minister Shinzo Abe today becomes the first Japanese leader to visit Myanmar in 36 years as his nation's companies seek to invest in the former dictatorship, which has some of the cheapest labor in Asia.
Japan PM Shinzo Abe in Burma for economic talks  BBC News
Japan PM visit boosts huge Myanmar industrial zone  Peninsula On-line
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Billionaire investor apologises for saying breastfeeding women can't make ...
Billionaire investor Paul Tudor Jones has apologised for saying women with children can't compete with men on Wall Street because they are "overwhelmed" by breastfeeding and are unable to make rational decisions on the trading floor.
Paul Tudor Jones: In macro trading, babies are a 'killer' to a woman ...  Washington Post
Sorry Paul Tudor Jones: It's Male � Not Female � Traders We Should Be ...  TIME
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Euro Gains Second Day Versus Dollar on German Ifo; Yen Advances
The euro strengthened for a second day against the dollar after an industry report showed German business confidence unexpectedly increased in May, adding to optimism the region's biggest economy is improving.
German economy to pick up, fall short of traditional pace  www.worldbulletin.net
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