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U.S. markets news

Janet Yellen: The Federal Reserve expects to raise interest rates this year
Federal Reserve chair Janet Yellen said she expected the central bank to raise interest rates this year, as the US economy was on course to bounce back from a sluggish first quarter and headwinds at home and abroad waned.
Speaking in RI, Yellen says rate hike likely this year  Boston Globe (subscription)
Yellen Says Fed on Course for 2015 Rate Rise Even After Slowdown  Bloomberg
Fox Business  
Time Warner Cable Said in Sale Talks With Altice, Charter
Time Warner Cable Inc. is in talks about a potential sale to either Altice SA or Charter Communications Inc., people with knowledge of the matter said.
Stocks end weaker; Altice or Charter may buy Time Warner; Microsoft tried to ...  cleveland.com
Time Warner Cable War: Altice amp; Charter Communications Vie  Zacks.com
Fighting Pollution From Microbeads Used in Soaps and Creams
Stiv Wilson is not much of an exfoliator. Mr. Wilson, a 42-year-old environmental advocate, lives on a sailboat, wears flip-flops and doesn't care much for personal care products like fancy creams and moisturizers.
Friday Bill Roundup: Microbeads, Vaccines And More  Capital Public Radio News
California Assembly votes to ban plastic microbeads  Al Jazeera America
Walmart Pushes for Improved Animal Welfare
Walmart, the nation's largest grocery retailer, said on Friday that it would ask its meat, seafood, poultry, deli and egg suppliers to adopt animal welfare standards that include sufficient space and easy access to food and water.
Why it's huge news that Wal-Mart is pushing stricter animal welfare policy  Washington Post
Walmart asks suppliers to limit antibiotic use in farm animals  OregonLive.com
Exclusive: Prosecutors probe possible criminal case in California oil spill
SANTA BARBARA Government prosecutors are investigating the company at the center of the California oil spill for possible criminal sanctions, according to the district attorney of Santa Barbara - a city that helped spawn the modern environmental movement.
San Pedro Center Takes In 8 Brown Pelicans Rescued From Santa Barbara Oil ...  CBS Local
California oil spill worries business owners and residents alike  Washington Post
Microsoft, Salesforce talks fell through on US$70bil pricing
NEW YORK: Microsoft Corp and Salesforce.com Inc held "significant talks" this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter.
Microsoft Drops Bid For Salesforce Following $70 Billion Request  Franchise Herald
Report: Microsoft Made $55 Billion Bid To Acquire Salesforce, But It Wasn ...  CRN
Final resolution for West Coast port troubles
SAN FRANCISCO - With the ratification of a new agreement with the Longshoremen on Friday, the 11-month disagreement that slowed West Coast ports has finally ended.
West Coast dockworkers approve new labor contract  Los Angeles Times
West Coast Port Workers Ratify Five-Year Labor Contract  Wall Street Journal
50 bps slash on the cards : Cut in discount rate anticipated owing to low inflation
KARACHI: The continuous decline drop in headline inflation has made a room for another cut in the discount rate at least 50 basis points to 7.5 percent, which will be another historical low in Pakistan.
Consumer Inflation Firms Up  Investor's Business Daily
Gold Futures Decline on U.S. Inflation Data, Fed Rate Outlook  Bloomberg
Hanergy: Bulk of Stock Collapse Occurred in Less Than a Second
The collapse of a Chinese solar company's shares this week was caused by a sudden wave of rapid-fire sell orders that sank the price in less than a second.
Hong Kong investors want more oversight after $35-bn wipeout  Business Standard
UPDATE 1-Hong Kong watchdog chief warns investors on trading "miracle ...  Reuters
Amgen Ends Psoriasis-Drug Partnership With AstraZeneca
Amgen Inc. AMGN -0.16 % said it is no longer working with AstraZeneca AZN -0.59 % PLC on the co-development of brodalumab, a treatment for conditions including psoriasis, due to safety concerns.
Amgen Ends Drug Pact With AstraZeneca After Signs of Suicide  Bloomberg
Amgen To Terminate Participation In Co-development Of Brodalumad  Nasdaq