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U.S. markets news

Economy in U.S. Shrinks for Third Time Since Expansion Began
For the third time since the expansion began in June 2009, the U.S. economy suffered a setback. Gross domestic product shrank at a 0.7 percent annualized rate in the first quarter, revised from a previously reported 0.2 percent gain, according to Commerce ...
Fuel and potential fires for the US economy ahead  Chron.com
It's Official, We're Negative, GDP -0.7% for First Quarter  Economic Populist
The Daily Star  
American Express President Ed Gilligan passes away
May 29 American Express Co said President Ed Gilligan passed away on Friday morning. He was 55. Gilligan, a 35-year veteran at AmEx, was named president in 2013, Chief Executive Kenneth Chenault said in a letter to employees and contractors.
AmEx president dies on business trip  USA TODAY
AmEx president Ed Gilligan dies suddenly after falling ill on flight  Fox News
GLOBAL MARKETS-Stocks, bond yields fall on Greece worries, US data
... * European shares fall amid impasse on Greece talks. * Treasury yields fall to three-week lows on GDP data. * Dollar slips at end of winning month.
GLOBAL MARKETS-Stocks, bond yields fall on Greece, US data  Reuters Africa
Types of bonds  CNNMoney
U.S. Stocks Churned Higher in May With Economy in Slow Recovery
Not so bad, considering. A month that began with investors blindsided by a global rout in sovereign debt and a selloff in high-flying equities ended with stocks near all-time highs.
US STOCKS-Wall St ends down after weak economic data but gains in May  Reuters
How the Dow Jones Industrial Average Fared on Friday  ABC News
Intel Takeover of Altera Is Expected
SAN FRANCISCO - Intel is close to clinching a takeover of fellow chip maker Altera for more than $15 billion, a person briefed on the matter said on Friday, the latest sign of consolidation in the semiconductor industry.
Intel-Altera deal could help chipmaker extend reach in cloud  USA TODAY
Biz Break: Equinix bids $3.6B for rival, Intel-Altera talks reportedly back on  San Jose Mercury News
Health Insurer Humana Explores Sale
Health insurer Humana Inc. HUM 20.31 % is exploring a possible sale of the company, a move that could trigger a round of mergers in an industry grappling with challenges and opportunities the federal health-care overhaul has created.
UPDATE 3-Health insurer Humana explores sale - source  Reuters
Humana's Baby-Boomer Focus Makes Insurer a Prize for Cigna  Bloomberg
US biofuel rules seek compromise, but industries vow fight
NEW YORK U.S. regulators on Friday unveiled much delayed biofuel targets that sought a middle ground for the nation's contentious renewable fuels policy, but the plan triggered challenges and threats of legal action from two of the biggest industries, oil and ...
EPA's latest biofuels proposals fall short of law  SaukValley.com
Should the EPA's RFS Matter to Corn Prices?  Inside Futures
What Charter-Time Warner Cable deal could mean for consumers
NEW YORK (AP) - As the Internet has upended their business, cable companies have been racing to reinvent themselves as dominant broadband providers and distributors of online video.
Charter Wins In TWC Bidding  Investor's Business Daily
Want a Big Cable Merger? Good Luck Charter!  Techzone360
US-bound fliers may get Customs break at 10 new foreign airports
Travelers headed to the U.S. from the Dominican Republic, Belgium and several other countries may soon be able to clear Customs at those foreign airports, and skip the lines they'd otherwise face at the end of a long flight.
US considers airport preclearance centers in nine countries  Reuters
US wants to make it easier to get from there (foreign countries) to here (US)  Dallas Morning News (blog)
Dollar Tree will sell 330 stores to private equity firm
NEW YORK - Dollar Tree said Friday that it has agreed to sell 330 of its stores to the private equity firm Sycamore Partners in order to get regulatory approval for its $8.5 billion purchase of Family Dollar.
Dollar Tree to sell 330 Family Dollar stores to Sycamore Partners  Reuters
Dollar Tree to Shed 330 Stores  Nasdaq