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U.S. markets news

Oil at $50: Where Are Crude Prices Headed Next?
HONG KONG—Oil's rise above $50 a barrel Thursday for the first time in six months is a landmark for the market, but analysts appear to have no better idea as to how long this year's crude rally might last.
Zinc Leads Metals Higher as Confidence Grows in World Economy  Bloomberg
Brent oil pushes above $50 for first time in nearly seven months  Reuters
CNNMoney  
Amazon Announces Another Three Fulfillment Centers in US
Amazon will open a second fulfillment center in Joliet, Illinois, and two more fulfillment centers (FCs) in California, bringing the total number of Golden State FCs to nine.
LOGISTICS: What Amazon means to Eastvale  Press-Enterprise
Amazon bringing 2000 jobs to second Joliet warehouse  SaukValley.com
McDonald's Shuts Its Headquarters as Protesters Rally for $15 an Hour
The campus was shut the third year in a row for protests around the annual shareholder meeting. Hundreds of protesters marched through pouring rain to call for higher wages and union rights at McDonald's Corp on Wednesday, leading the hamburger chain ...
Minimum wage protesters gather at McDonald's headquarters  Chicago Tribune
Ex-McDonald's CEO says raising the minimum wage will help robots take jobs  Washington Post
Another investor criticizes Tribune's moves, but 2 more proxy advisors back ...
Another major Tribune Publishing investor is crying foul over the company's rejection of Gannett's buyout offer -- even as two more advisory firms weighed in to give the board cover against a possible shareholder lawsuit.
Glass Lewis recommends shareholders vote for Tribune Publishing board  Reuters
Investor blasts Tribune for rebuffing Gannett  USA TODAY
Government spending billions to keep antique computer systems running
WASHINGTON - The government is squandering its technology budget maintaining museum-ready computer systems in critical areas from nuclear weapons to Social Security.
Report: US Spending 75% of Billion-Dollar IT Budget on Aging Computer Systems  ABC News
U.S. government agencies are still using Windows 3.1, floppy disks and 1970s ...  PCWorld
German yields nudge up as oil prices clear $50 a barrel
LONDON May 26 Europe's benchmark German bond yield nudged up on Thursday as oil prices cleared $50 for the first time in 2016 and raised the prospects of a future boost to the bloc's near-zero inflation.
EU approves bailout loans of $11.5 billion for Greece  Washington Post
European Markets Jumped After Greek Bailout Agreement Reached  Nasdaq
California cap-and-trade auction falls far short, delivering blow to state ...
The latest auction in California's cap-and-trade market for greenhouse gases fell sharply below expectations, as buyers purchased just 2% of the carbon credits whose sale funds a variety of state programs -- notably, the proposed high-speed rail project.
California sells 11 pct of carbon permits offered at May auction  Reuters
California carbon market's latest auction results show continued resilience  Environmental Defense Fund (blog)
Cheap gas, lower airfares will spike summer travel
More Americans appear poised to kiss the "staycation" goodbye this summer. With the coming of the Memorial Day holiday, more vacationers are likely to head out of town to take advantage of cheap gas, falling airfares and strong employment.
Gas Prices Rising Into Summer Driving Season  Seeking Alpha
More drivers expected on roads this weekend due to low holiday gas prices  Port City Daily
Venezuela Crisis 2016: Coca-Cola Sugar Shortage Latest Blow To Big Companies ...
As Venezuela's economy spins out of control, global companies are finding it nearly impossible to do business in the South American nation.
Mexico's Arca signs letter of intent with Coca-Cola bottling franchise in US  Reuters
Will Coca-Cola Cut Its Dividend?  Seeking Alpha
TREASURIES-US bond prices flat ahead of 5-year note sale
... * Two-year, 5-year yields climb to 10-week highs. * U.S. to sell $34 bln 5-year notes after stellar 2-year auction. * Advance U.S.
Treasury yields little changed as stocks continue to rally  MarketWatch
US bonds choppy after strong auction, amid stock climb  CNBC