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U.S. markets news

Lafley at P&G, Ullman at Penney: When Does It Make Sense to Rehire the CEO?
It's a rare move to bring back a CEO to run a struggling company. Procter & Gamble Procter & Gamble and J.C. Penney will offer new test cases of whether it's a good idea.
P&G buoyed by return of Lafley  Financial Times
P&G Looks for Steve Jobs-Like Sequel by Recalling ex-CEO  Bloomberg
Wall Street Journal (blog)   Related articles »  
Bausch & Lomb's Ista pleads guilty over kickbacks
By Jonathan Stempel. Fri May 24, 2013 4:25pm EDT. (Reuters) - Ista Pharmaceuticals Inc WPRISI.UL pleaded guilty on Friday to charges it used kickbacks and improper marketing to boost sales of a drug meant to treat eye pain and agreed to pay $33.5 ...
Valeant shares jump on Bausch & Lomb deal rumor  Businessweek
Valeant nears $9bn Bausch & Lomb deal  Financial Times
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Durable Goods Point to Second-Half US Rebound: Economy
Orders for U.S. durable goods increased more than forecast in April, indicating the world's largest economy will get a lift in the second half of the year as business investment strengthens.
Durable Orders Bounce Back, but Shipments Decline  Wall Street Journal
Durable goods orders point to factory resilience  Reuters
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KKR, Yahoo and Silver Lake/WME join list of Hulu suitors
The list of potential suitors for Hulu keeps getting longer. On Friday, Yahoo submitted a bid for the online video site co-owned by entertainment giants News Corp.
Yahoo joins growing list of bidders for Hulu: sources  Reuters
Yahoo 'makes offer' for Hulu as bidding war escalates  The Guardian
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McDonald's CEO bawled-out by 9-year-old
A 9-year-old girl accused the CEO of McDonald's of targeting kids with food that's not healthy. His response: "We don't sell junk food.
McDonald's CEO schooled by 9-year-old on healthy food at shareholders ...  New York Daily News
McDonald's CEO Scolded By 9-Year-Old  ABC News
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Commentary: New rules un-COOL
As tougher Country of Origin Labeling (COOL) rules are set to be imposed by USDA, the immediate reaction from the industry is decidedly uncool.
USDA releases labeling rule for meat  KBIA
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Visa, MasterCard Strike Back at Swipe-Fee Settlement Foes
Visa Inc. (V) and MasterCard Inc. (MA) are firing back at retail trade groups trying to derail a pending $7.25 billion settlement over so-called merchant swipe fees.
Visa, MasterCard Sue Swipe Fee Deal Dropouts, Seek Ruling  Bloomberg
Target, Macy's Sue MasterCard, Visa Over Card Swipe Fees  Businessweek
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US, China Set Pact On Auditor Access
The U.S. and China have struck an agreement giving U.S. accounting regulators access to documents from Chinese accounting firms. The deal, expected to be announced Friday, could help U.S.
China, US Reach Accord for Sharing Auditors' Records  Bloomberg
China, US sign memo on audit files access  Chinadaily USA
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Stimulus fears haunt share markets, dollar recovers
By Herbert Lash. NEW YORK | Fri May 24, 2013 4:35pm EDT. NEW YORK (Reuters) - Global equity markets slipped on Friday over worries the U.S.
Stocks ease back after volatile week  Financial Times
Dollar on track for worst week vs yen in almost two years  Reuters India
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Sears shares slide on wider loss
Shares of the Sears Holdings Corp. closed down nearly 14 percent, to $50.25, Friday after the retailer reported a bigger-than-expected quarterly loss Thursday night.
Eddie Lampert's Dangerous Game of Jenga  Wall Street Journal
Lampert Loses as Much as $639 Million After Sears Plunge  Bloomberg
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