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U.S. markets news

Tesla's Wild New Forecast Changes the Trajectory of an Entire Industry
Tesla just took the most ambitious automotive production timeline since the Ford Model T, and moved it up two years. The company now plans to produce 500,000 electric cars every year starting in 2018.
Tesla Motors posts a bigger loss, and two key executives plan to leave  Los Angeles Times
Yet Again, Tesla Bears Miss The Point  Seeking Alpha
A�ropostale Files for Bankruptcy Protection as Charges Fly
Teen clothing retailer A�ropostale Inc. AROP 35.59 % filed for chapter 11 bankruptcy protection Wednesday and hurled accusations at Sycamore Partners, which controls both its largest lender and one of its largest suppliers.
Aeropostale closes 113 US stores  WXYZ
Aeropostale files for bankruptcy, will close 2 Idaho stores  Idaho Statesman
Tribune Publishing rejects Gannett's bid
Tribune Publishing, which owns the Los Angeles Times, Chicago Tribune and nine other daily newspapers, said Wednesday its board of directors has rejected Gannett's $815 million offer to buy the company.
Gannett Responds to Tribune Publishing Company's May 4, 2016 Rejection ...  Business Wire (press release)
UPDATE 1-Tribune Publishing says it rejects Gannett's unsolicited ...  Reuters
'FarmVille' creator Zynga's quarterly bookings beat estimates
"FarmVille" game maker Zynga Inc (ZNGA.O) reported higher-than-expected bookings in the first quarter, helped by its slot machine-based games and "Words With Friends".
Zynga Results Boosted by Cost Cuts  Wall Street Journal
Zynga grows on mobile as Apple, not Facebook, becomes its biggest platform ...  VentureBeat
500-Euro Banknote Being Phased Out
FRANKFURT—The European Central Bank said Wednesday that it would stop printing the 500-euro banknote, but that the note would remain legal tender.
Europe Central Bank to halt production of 500-euro bills  Washington Post
International Business|Europe to Remove 500-Euro Bill, the 'Bin Laden ...  New York Times
Wall St. falls as data adds to growth worries; biotechs down
NEW YORK U.S. stocks declined for a second day on Wednesday, weighed down by tepid data on private sector U.S. jobs and a retreat in biotech shares.
Stocks close lower on weak early jobs data, productivity dip  MarketWatch
Stocks Slide as Oil, Jobs Add to Global Worries
Cable, 'Deadpool' help Fox earnings meet forecasts
Twenty-First Century Fox Inc (FOXA.O) reported quarterly earnings in line with Wall Street expectations as the company's cable channels brought in higher affiliate fees and ad revenue while its movie studio turned out blockbuster film "Deadpool.
'Deadpool,' 'People v. O.J. Simpson' Help Fox Beat Quarterly ...  Variety
Fox Tops March Quarter Expectations Helped By News And 'Deadpool'  Deadline
Lawsuit seeks stronger regulation by EPA on how drillers handle, dispose of ...
In a lawsuit filed Wednesday, seven environmental and community organizations are suing the U.S. Environmental Protection Agency in federal court to compel the agency to tighten controls on the handling and disposal of oil and shale gas drilling and ...
EPA failing to regulate disposal of toxic gas and oil production waste ...  Dallas Morning News (blog)
Lawsuit: EPA needs new rules to address manmade earthquakes
Whole Foods Sales Pinched as It Preps for New '365' Chain
NEW YORK - Whole Foods' sales are being pinched by rivals as it prepares to launch an offshoot chain intended to court to new shoppers.
Whole Foods protects profits in second quarter as it cuts prices  Reuters
Whole Foods Grows Earnings Despite Falling Comps  Motley Fool
Lower costs, demand for sauces drive Kraft Heinz profit beat
Kraft Heinz Co (KHC.O), the maker of Kraft cheese, Heinz ketchup and Jell-O, reported a better-than-expected quarterly profit as its costs fell and demand rose for its condiments and sauces.
Kraft Heinz rallies as first-quarter earnings beat expectations  MarketWatch
Kraft Heinz (KHC) Stock Jumps in After-Hours Trading on Q1 Earnings Beat