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U.S. markets news

Halliburton and Baker Hughes scrap $28 billion merger
Oilfied services provider Halliburton Co (HAL.N) and smaller rival Baker Hughes Inc (BHI.N) announced the termination of their $28 billion merger deal on Sunday after opposition from U.S.
Halliburton, Baker Hughes call off merger  FuelFix (blog)
Politics|Companies Crucial to Energy Exploration Abandon $34B Merger  New York Times
USA TODAY  
Japan Stocks Sink With Yen Near 18-Month High; Oil, Copper Drop
Japan drove a selloff in Asian stocks as concern over the global economy and the U.S. interest-rate outlook propelled the yen to its strongest level in more than 18 months.
Japanese Stocks Fall Sharply in Morning  Wall Street Journal
Asian Markets Lower, Led By Japan  Nasdaq
Puerto Rico to default on $370M debt payments
SAN JUAN, Puerto Rico -- Gov. Alejandro Garcia Padilla announced that Puerto Rico's government will not make nearly $370 million in bond payments due Monday after a failure to restructure or find a political solution to the U.S.
Puerto Rico to Miss Largest Payment to Date  New York Times
Q&A: Puerto Rico's debt crisis explained  Washington Post
Sports Authority To Be Liquidated
It could be time to say goodbye to Sports Authority . The sporting goods retailer has chosen to sell off its assets, ending a quest to reorganize under Chapter 11 bankruptcy protection.
Sports Authority to close all 140 stores nationwide  WKBW-TV
Sports Authority to close 450 stores, including 1 in Mansfield  The Sun Chronicle
Navy Pier to get a hotel
A hotel with more than 200 guest rooms is expected to open on Navy Pier in 2018. | Rendering. Mitch Dudek · @mitchdudek | email.
Hotel planned for Navy Pier, mayor says  WLS-TV
City announces plans for Navy Pier hotel  SFGate
SBA chief urges respect, support for small businesses
Since 1963, the first week of May has been designed by the president of the United States as a time to celebrate entrepreneurs. To mark the start of this year's Small Business Week, small-business owner and USA TODAY contributor Rhonda Abrams sat ...
Small businesses create jobs  News Item
7 Free Events and Webinars Entrepreneurs Can Take Advantage of During ...  Entrepreneur
Chinese appear underwhelmed by Under Armour knock-off
Chinese sports brand Uncle Martian's logo has been criticised for being too similar to that of Under Armour's. Photo: AFP.
Chinese knockoff brand Uncle Martian looks exactly like Under Armour  Washington Post
Under Armour Knockoff Brand Causes Uproar  Footwear News
7 Pervasive Retirement Myths That Need to Be Put to Rest
Nearly every American working today dreams about being able to quit their job for good and live out the rest of their life on a schedule of their own choosing.
Is this the best way to fix Social Security?  KVUE.com
Entitlement reform still missing in campaign action  Charleston Post Courier (press release)
Baker Hughes Reports Another 11-Rig Decline This Week
Baker Hughes (BHI - Get Report) issued its weekly rotary rig counts Friday, markedly noting a 11-count drop in U.S. active rigs to 420.
Oil rig count falls for 6th straight week  Business Insider
Most states do bare minimum on fire-foam contamination
Firefighting foam was used in an attempt to extinguish a burning fuel tanker truck on Interstate 90 in Issaquah, Washington in 2002.
Most states don't track use of toxic firefighting foam  The State
Indiana, most states, not tracking toxic fire-foam use  News Dispatch