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U.S. markets news

GLOBAL MARKETS-Europe stocks stumble, dollar lifted by US rate view
... * Markets in U.S., much of Europe closed on Monday. * Dollar hits one-month high vs other major currencies. * CPI data, Yellen speech revive U.S.
Yellen's Words Fuels The Greenback's Rise  Forbes
Europe stocks stumble, dollar lifted by U.S rate view  Channel News Asia
Bankless Times  
DOJ and GM may reach settlement over faulty ignition switch recall this summer
By the end of this summer, the Justice Department and General Motors may reach a settlement over the faulty ignition switch recall.
Experts Believe Justice Department May Apply Pressure on GM to Plead Guilty  Modern Readers
DOJ and GM May Reach a Settlement over the Decade-Long Ignition Switch Issue  WallStreet OTC
Oil moves further below $60 as dollar firms up
Crude-oil futures fell in early European trade on Monday as a rising dollar put pressure on the commodity as holidays across some major markets, including the U.S.
Oil prices edge down as dollar strengthens  Reuters
Crude oil futures edge up 0.31% on positive Asian cues  Daily News & Analysis
Greece Points to June IMF Payment as Next Cliffhanger
The Greek government is priming investors for another cliffhanger on June 5. While Greek Prime Minister Alexis Tsipras's spokesman Gabriel Sakellaridis insisted on Monday that the government will pay salaries and pensions due at the end of this month, ...
Greek debt negotiations weigh on European stocks  BBC News
Common sense can still prevail in Greek tragedy: Olive  Toronto Star
Solar plane ready for difficult six-day journey
The first round-the-world solar-powered flight, known as the Solar Impulse Two, is hoping to make the next and most difficult part of its journey.
Solar Plane 6 Day Nonstop Flight has been Postponed  I4U News
Solar Impulse Prepares For Record-Breaking Flight Across The Pacific  Huffington Post UK
China cuts import tax on clothes, other goods
BEIJING - China announced today it will cut import taxes on clothing, cosmetics and some other goods by half in a new tactic to spur consumer spending and economic growth.
China slashes import tax on skincare to shoes to spark domestic demand  Business Standard
China to lower import taxes on skincare products, diapers from June 1 to ...  Economic Times
Profit at Vatican bank soars 20 times as it moves away from scandals of the past
The Vatican bank said its profit soared by more than 20 times last year as it recovered from a trading loss and continued its reform process away from its scandal-marred past.
Vatican Bank Profits Rise as Cleanup Continues  Voice of America
World NewsVatican Bank boosted by securities trading income  Financial Times
Amazon has quietly changed the way it pays tax in Europe
Europeans have become increasingly unhappy about how multinationals—especially tech companies—take advantage of the EU's structure to pay minimal taxes.
Amazon finally starts paying proper taxes in European countries  Engadget
Amazon bows to European sales tax pressure  VentureBeat
Deja vu: Snyder begins (yet another) week pushing for road money
This week, the Detroit Regional Chamber's annual Mackinac Policy Conference gets underway on Mackinac Island. This is when Lansing, political Lansing at least, empties out of town and heads north to rub shoulders - and click cocktail glasses - with ...
Michigan elite to gather on Mackinac Island to talk business, politics and ...  MLive.com
Detroit Regional Chamber Will Hold Annual Policy Conference on Mackinac Island  9&10 News
UPDATE 1-Nigeria fuel shortages hit MTN, Guaranty Trust bank
(Adds impact on banks, Lagos traffic). LAGOS May 25 (Reuters) - Severe fuel shortages in Nigeria hit the services of Africa's largest mobile telecoms operator, MTN, on Monday and forced Guaranty Trust Bank to close its branches nationwide at lunchtime, the ...
Nigerian bank announces early closing due to fuel  Jakarta Post
Nigeria's fuel crisis hits MTN  Independent Online