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U.S. markets news

Yellen cites lofty share values; little evidence investors should care
(Reuters) - Investors wary of Federal Reserve chairs warning about overvalued stock markets need not fret: Such remarks tend not to have a lasting effect.
Asian Morning Briefing: US Stocks Fall  Wall Street Journal
Stocks drop on weak jobs data, jitters over Yellen comments  San Francisco Chronicle
Washington Post  
Tesla posts wider net loss, stands by full-year delivery target
(Reuters) - Tesla Motors Inc (TSLA.O) Wednesday reported a wider first-quarter net loss, but outperformed expectations and stuck to key milestones for the year ahead despite pressure on margins.
Tesla announces 38000 pre-orders for Powerwall home battery  The Verge
5 secrets behind Elon Musk's style  USA TODAY
Stocks finish weaker; Wendy's selling 640 restaurants; Oculus Rift headset nears ...
This Feb. 28, 2012 photo, shows a Wendy's restaurant at night in Brunswick, Maine. Wendy's announced plans today to sell 640 of its company-owned restaurants in the United States and Canada.
Wendy's selling 640 restaurants  13WHAM-TV
Wendy's to sell 640 restaurants - WKBT
Jobs and Productivity Numbers Disappoint
Private-sector businesses added fewer jobs in April than analysts expected, and nonfarm productivity fell for the second quarter in a row.
Private Employers Add Fewest Jobs in a Year, and Nonfarm Productivity Falls  New York Times
Hiring and productivity setbacks for America  The Times (subscription)
EU Commission Opens Antitrust Inquiry Into E-Commerce Sector
LONDON - European officials on Wednesday opened an antitrust investigation into whether large technology companies were impeding competition in online shopping, the latest in a string of inquires in Europe focused on the web's biggest players.
The EU is trying to make an online version of itself  Quartz
EU moves to help tech companies compete with US giants  U-T San Diego
UPDATE 2-Zynga reports higher-than-expected bookings, to cut jobs
(Adds forecast, executive comment). By Devika Krishna Kumar. May 6 (Reuters) - "Farmville" creator Zynga Inc reported higher-than-expected bookings as titles such as "Words With Friends" attracted more gamers, and the company announced the ...
Zynga Is Trimming Its Staff and Its Game Ambitions  New York Times
Zynga beats earnings estimates, plans to cut 18% of workforce  USA TODAY
Microsoft's Nadella Said to Have Proposed Salesforce Deal Before
Microsoft Corp.'s Satya Nadella had previously been interested in acquiring cloud-software rival Inc. before he was named chief executive officer, according to a person with knowledge of the matter.
Microsoft: Have Faith In Your Own Growth Opportunities And Don't Acquire ...  Seeking Alpha
Microsoft Revealed As Second Company Bidding For Salesforce  SFist
UPDATE 2-Whole Foods eyes new retail concept as sales growth cools
(Adds executive comment, details on new stores, sales trends). By Lisa Baertlein. LOS ANGELES May 6 (Reuters) - Whole Foods Market Inc on Wednesday said same-store sales growth cooled in the latest quarter and announced plans to debut a new chain ...
Whole Foods Plans New Chain to Court Millennials  ABC News
Whole Foods tanks on weak sales; Tesla rallies  MarketWatch
Gov. Jerry Brown thanks foot soldiers in conservation battle
The day after regulators approved unprecedented restrictions on using water during California's drought, Gov. Jerry Brown on Wednesday faced hundreds of people who will be tasked with enforcing the rules.
California considers rules for making seawater drinkable amid drought  Reuters
Brown lawns loom this summer in California  The Elkhart Truth
FAA in partnerships to test beyond-line-of-sight drones
A DJI Spreading Wings S900 multirotor drone flies at the Turf Farm during the UAS Mapping 2014 Reno Symposium in Reno, Nevada, U.S.
FAA Exploring Expanded Drone Uses  Hollywood Reporter
How Can Amazon Charge $1 For Drone Delivery? (AMZN)  Seeking Alpha