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U.S. markets news

Chipmaker Avago to buy rival for $37B
NEW YORK -- Avago Technologies is buying rival chipmaker Broadcom in a cash and stock deal worth about $37 billion, expanding its lineup of products for the growing wireless-device market at a time when sales growth has otherwise been tough to come ...
Avago Technologies (AVGO) Earnings Report: Q2 2015 Conference Call ...  TheStreet.com
Avago gobbles up Broadcom in $37B merger, sets sights on surpassing Intel  SiliconANGLE (blog)
Reuters  
FTC's Drug Settlement a Win for the Lawyers
Is Thursday's $1.2 billion antitrust settlement between the Federal Trade Commission and Teva Pharmaceutical Industries a victory for consumers?
FTC approves $1.2 billion settlement with Teva in patent-infringement dispute  NYC Today
Teva Settles case with FTC for $1.2 Billion in Cephalon Antitrust Business  The Monitor Daily
US economy likely shrank in first quarter, but fundamentals strong
WASHINGTON The U.S. economy likely contracted in the first quarter as it buckled under the weight of unusually heavy snowfalls and a resurgent dollar, but activity since has rebounded modestly.
US economy likely shrank in 1st quarter  KFDM-TV News
Thousands Lose Power In Medford, Malden, Everett
BOSTON (CBS) - Thousands of homes and businesses lost electricity in Medford, Malden, and Everett Friday morning. It's not clear yet what caused the outage, which hit a peak of nearly 45,000 customers in Middlesex County around 7 a.m.. According to ...
Widespread power outages affect towns, Orange Line  WHDH-TV
Thousands affected by power outages in Mass. this morning  Boston Globe (subscription)
Unrepentant Lehman ex-CEO Fuld says firm 'was not bankrupt'
NEW YORK Six years, seven months and 13 days after Lehman Brothers Holdings Inc filed for bankruptcy, its former chief executive, Richard Fuld Jr.
Ex-Lehman CEO Dick Fuld: At least my mom still loves me  CNNMoney
Lehman Brothers CEO Back in Real Estate Business  Realty Today
Oil up over 1 percent after US inventory drop
LONDON Crude oil prices rose more than 1 percent on Friday after U.S. inventories fell for a fourth straight week, although prices were set for a weekly drop on a stronger dollar.
OPEC says that its war with shale is far from won  Quartz
Oil Prices Rise Ahead of OPEC Meeting  Fox Business
FAA says green laser pointed at four planes over Long Island
The Federal Aviation Administration and New York State Park Police are searching for whomever pointed a laser at four planes flying over Long Island Thursday night.
Green Lasers Target Flights Over New York  ABC News
4 pilots say a green laser was pointed at their planes  Oneonta Daily Star
Altera Rises in Germany on Report Intel Is Near $15 Billion Bid
Altera Corp. shares rose in German trading after the New York Post reported that Intel Corp. is near a deal to buy the semiconductor manufacturer for about $15 billion.
Stock Market Today - Chinese, European Markets Slide, U.S. Stock Futures Are ...  TheStreet.com
Is Intel about to make its biggest-ever acquisition?  Fortune
Greek bank deposits fall to lowest in more than a decade
ATHENS, Greece - Greek bank deposits have fallen to their lowest in more than a decade, new statistics show, as Greeks worried about their new government's painfully slow negotiations with creditors withdraw savings.
Greek bank deposits fall to lowest level in a decade: ECB data  The Fiscal Times
Is the IRS doing enough to protect taxpayer data?
The 104,000 people who had their most sensitive tax information stolen by hackers as part of the latest attack on the Internal Revenue Service are getting free credit monitoring services, courtesy of the agency.
IRS Points Toward Russia As Breach Source  PYMNTS.com
IRS Hires $1000-An-Hour Lawyers  Beaufort Observer