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U.S. markets news

Exxon sees smallest profit in 16 years, Chevron posts loss
DALLAS - Motorists are saving billions on cheaper gasoline, but the long slump in oil prices is taking a heavy toll on companies that find and produce crude.
Exxon Mobil Corporation (XOM) Earnings Report: Q1 2016 Conference Call ...
Investors Optimistic About Oil-Company Stocks After Earnings  Wall Street Journal  
Yahoo's Marissa Mayer could get $55 million in severance pay
Yahoo Inc. chief Marissa Mayer will walk away with a $55-million severance package if the company's auction of its Internet operations culminates in a sale that ousts her from her job.
Yahoo CEO Marissa Mayer's 2015 Total Pay Valued at $36 Million  Wall Street Journal
Yahoo's Mayer Sees Value of Compensation Drop 15% With Stock  Bloomberg
Valeant files overdue financial report, ending debt default, but its troubles ...
Valeant Pharmaceuticals International Inc. resolved its default on some of its $30 billion in debt by filing its long-overdue U.S.
Valeant Pharmaceuticals Files Annual Report On Form 10-K For Year Ended ...  PR Newswire (press release)
Valeant annual report reveals new issues, company overhauls board  Reuters
Are Microsoft's Weakening Cloud Margins a Cause for Concern?
Amid a disappointing overall quarterly performance, we drill down into the slowing growth and declining profits in Microsoft's important cloud business.
Amazon Beats Earning; Has More Upside, Analyst Says  Barron's
Amazon stock nears all-time high after record earnings; tech giant valued at ...  GeekWire
Fitbit Scores Against Jawbone in Patent Dispute
A fight between two of the largest makers of fitness trackers just got smaller. In a ruling released Thursday, the U.S. International Trade Commission in Washington invalidated the last of the patents that AliphCom Inc.'s Jawbone said its rival Fitbit ...
Fitbit Wins Against Jawbone's Proposed Injunction  Android Headlines - Android News
Judge rules against Jawbone in patent dispute with Fitbit  VatorNews
Starbucks Opens First Store in Ferguson in Low-Income Community Outreach ...
Starbucks opened its first store today in Ferguson, Missouri, as part of a national outreach program to provide jobs to locals, create opportunities for the youth and revitalize the community in low to medium-income "diverse" communities.
Starbucks opens in Ferguson, as company eyes bolstering urban footprint  USA TODAY
Starbucks Opens First Location in Ferguson, Missouri  Eater
Emergency landing delays flights at Philadelphia airport
Flight delays at Philadelphia's airport persisted Friday morning, after the emergency landing of an American Eagle flight from Richmond, Va.
UPDATE 1-Philadelphia flights briefly halted after two planes report problems  Reuters
Emergency Landing at PHL
US oil drillers cut rigs for 6th week to Nov 2009 lows -Baker Hughes
April 29 U.S. energy firms cut oil rigs for a sixth week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said Friday, as drillers remained cautious in returning to the well pad despite crude futures climbing to ...
US Rig Count Drops 11 This Week to 420, Another All-Time Low  New York Times
Eagle Ford drilling activity drops despite recent oil price increases  San Antonio Business Journal (blog)
Target brand perception falls, but it's not 'catastrophic'
More than 1 million people may be roaring against Target's transgender-inclusive bathroom policy, but the possibility of long-term negative effects is slim, experts say.
Target stock plunges as 1 million boycott
One million Americans vow to boycott Target over transgender bathrooms  Fox News
Advance Estimates Of US First Quarter Real GDP: The Notable Good Indicators
BEA advance estimates of First Quarter Real GDP shows an economic expansion of 0.5% against last quarter's expansion of 1.4%. The positive contributions came from personal consumption expenditures (PCE), residential fixed investment, and state and ...
Quarterly GDP growth slowest in 2 years  AZ Big Media
Economy Slows to 0.5 Percent Growth in First Quarter of 2016  Washington Free Beacon