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U.S. markets news

Herbalife discloses Justice Department probe
Nutritional drink company Herbalife on Tuesday said the Department of Justice has requested information about its members and its business practices.
Herbalife (HLF) Michael O. Johnson on Q1 2015 Results - Earnings Call ...  Seeking Alpha
Trade-Ideas: Herbalife (HLF) Is Today's Post-Market Leader Stock
CT Post  
Here's what to expect from Tesla's first-quarter earnings (TSLA)
On Wednesday, Tesla will report first-quarter earnings after the markets' close. We'll cover the news and also CEO Elon Musk's conference call with analysts after the earnings post.
Why Tesla Batteries Are Cheap Enough To Prevent New Power Plants  Forbes
Tesla Motors Expands Everything  CDA News
Oil prices near 2015 highs on weaker dollar, Libya supply
SINGAPORE (Reuters) - Oil prices rose on Wednesday to hold near 2015 highs, continuing a month-long rally that was supported by a weaker dollar and a disruption to crude exports in Libya.
Oil at $60, get ready for 'frack counterattack'
Oil prices at 2015 highs  GMA News
Drought forces California into first mandatory rules to save water
SACRAMENTO, Calif. (Reuters) - California water regulators on Tuesday adopted the state's first rules for mandatory cutbacks in urban water use as the region's catastrophic drought enters its fourth year.
California board approves emergency water rules  USA TODAY
California needs to turn down the tap, state OKs historic cuts  SFGate
Microsoft Reportedly Evaluates Bid For
after the cloud software provider was approached by another would-be buyer, Bloomberg reported citing people familiar with the matter.
Microsoft Is Said to Evaluate Possible Bid for Salesforce  Bloomberg
Microsoft reported to weigh bid  USA TODAY
US gives farmers approval to spray crops from drones
FRESNO, Calif. - A drone large enough carry tanks of fertilizers and pesticides has won rare approval from federal authorities to spray crops in the United States, officials said Tuesday.
Feds give US farmers approval to spray crops from drones  SFGate
Chinese equities outperform following strong HSBC services PMI
Chinese equities outperformed the region on the back of robust data from its services sector, while other Asian bourses were on the back foot following an unimpressive lead from Wall Street.
China services PMI hits 4-month high: HSBC  MarketWatch
China Services PMI Rises To 52.9 In April - HSBC  RTT News
Citadel's Griffin tops hedge fund earners with $1.3 billion
According to an industry survey released on Tuesday, each of the three best paid US hedge fund managers in 2014 took home over $1 billion, eye-popping compensation.
Market U-Turn Rams Hedge Funds  Wall Street Journal
Top 25 hedge fund managers see pay cut to $US400m each  The Australian Financial Review
Cogent joins Netflix in demanding conditions for AT&T/DirecTV combo
Data carriers like Cogent (along with firms like Netflix) are focused on interchange issues, the fees that a broadband behemoth could collect for accepting Internet traffic -- and their opposition, or the nature of it, could be good news for the deal, says industry ...
Netflix urges FCC to reject AT&T-DirecTV merger unless concerns addressed  NY City News
Netflix says FCC should demand changes in AT&T-DirecTV deal  Maryville Daily Times
MarketsAsia takes US drop in stride but banks hit ASX
Asian markets were trading higher on Wednesday morning, with investors putting aside concerns the US economy's start to the year may have been weaker than previously thought and a huge sell-off in the Chinese market during the previous session.
China Bull Market Not Over Yet  Nasdaq
China Trusts Fuel Rally With Record Rise in Equities Investment  Bloomberg