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U.S. markets news

Verizon Strike to End as Both Sides Claim Victories on Key Points
Verizon workers on the picket line in New York City on April 13, the first day that they went on strike. Credit Nicole Bengiveno/The New York Times.
Verizon, unions agree to pay raises, new jobs to end strike  Reuters
Verizon, Unions Reach Agreement on Contract Ending Strike  Bloomberg
CNNMoney  
New Saudi energy minister shows he takes OPEC seriously
VIENNA For OPEC watchers, every little detail matters. When the oil producer group holds its half-yearly meetings, what time the ministers arrive in Vienna, how they speak and which hotel they stay in - anything will be analyzed in an attempt to ...
UN Envoy Kobler Says Libya Is Making 'Important Progress'  Bloomberg
Saudi Arabia Goes to OPEC Holding All the Cards  Fox Business
Viacom board members vow to fight removal attempt
Gearing up for a battle for control of media company Viacom, board members on Monday took the unusual step of vowing to fight an expected campaign by Sumner Redstone and his family to shake up the board.
Viacom Independent Directors Vow to Fight Redstone's Ouster Attempt  Fortune
Viacom Directors Vow to Fight Any Board Removals, Leader Says  Bloomberg
Disney characters are spotted at rival Chinese theme park
The chairman of China's biggest conglomerate recently predicted that a new $5.5-billion Disney theme park opening in Shanghai next month would fail, citing a lack of innovation with intellectual properties and characters.
KDDI Says Ministry Call to Cut Rates 'Not Fundamentally Right'  Bloomberg
One Man's Quest To Destroy Disney  Seeking Alpha
German unemployment rate falls to record low in May
BERLIN German unemployment fell more than expected in May and the jobless rate sank to its lowest level in more than 25 years, boosting expectations that private consumption will continue to drive growth in Europe's biggest economy this year.
Italian Unemployment Rate Climbs Back to Highest Since June  Bloomberg
Germany's unemployment rate hits record low  MarketWatch
New regional transit plan: What's in it for Ann Arbor and Ypsilanti?
A bus stops to drop off and pick up passengers at the Blake Transit Center in downtown Ann Arbor. (File photo | The Ann Arbor News).
Regional Transit Authority will seek $2.9 billion millage in November for ...  Crain's Detroit Business
Tax push for $4.6B Detroit area transit plan begins  The Detroit News
Euro-Area Inflation Rate Stays Negative as ECB Mulls Outlook
Euro-area consumer prices failed to increase for a fourth consecutive month, highlighting policy makers' struggle to stoke inflation despite multiple rounds of stimulus.
Eurozone Remains in Deflation  Wall Street Journal
Eurozone inflation rate remains below zero in May  Washington Post
China stocks mark biggest gain in almost 3 months on MSCI speculation
Chinese stocks surged Tuesday in the largest one-day gain in nearly three months, propelled by increased optimism that many may soon be included in an influential global benchmark.
German Unemployment Rate Falls to Record Before ECB Meeting  Bloomberg
Hong Kong shares end at four-week high but end May lower  Reuters
Flint water worries seep into gardens
Sheila Sanders says she intends to set out buckets to collect rain water to keep her plants irrigated. Sanders says she doesn't trust that Flint water is usable.
Engineers to present new data on Flint water quality  Detroit Free Press
Drinking Water in Alexandria Public Schools Tested Over Holiday Weekend  NBC4 Washington
Volkswagen Emissions Cheating Hits Profit at Biggest Brand
Profit at Volkswagen AG's namesake brand crumbled 86 percent in the first quarter, highlighting the challenge the carmaker faces in emerging from the nearly nine-month-old emissions cheating scandal.
Scandal-hit Volkswagen sees profits fall in 1st quarter  Appeal-Democrat
UPDATE 1-VW profit gains as carmaker battles to overcome crisis  Reuters