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U.S. markets news

Charter expected to acquire Time Warner Cable in $55 billion deal
Charter Communications is close to a $55 billion deal to acquire Time Warner Cable, a merger that would create a powerful cable and broadband Internet contender in an industry long lacking competition.
Charter to buy Time Warner Cable, challenge Comcast  The Seattle Times
Charter Communications nears $55 billion deal for Time Warner Cable  Reuters
Wall Street Journal  
NYMEX-Crude oil futures steady as firm demand meets ample supply
SINGAPORE May 26 U.S. crude was steady early on Tuesday as firm demand supported prices and ample supply dragged. Robust demand in Asia as well as from the driving season in the United States is being met by near record output, especially from the ...
Brent Crude Trades Near $65 on Middle East Violence, OPEC Supply  Bloomberg
Oil prices gain as firm demand outweighs dollar strength  Dickinson Press
Samsung Lee Family Restructures Chaebol as Cheil to Buy C&T
Cheil Industries Inc., the de facto holding company of Samsung Group, agreed to acquire Samsung C&T Corp. for about $8 billion as the controlling Lee family restructures South Korea's biggest conglomerate.
CompaniesSamsung reshuffle: all about family control?  Financial Times
Corporate maneuver at Samsung strengthens heir's influence  Helena Independent Record
Detroit's Duggan a main attraction at Mackinac talks
Mayor Mike Duggan heads to Mackinac Island for the Detroit Regional Chamber's annual policy conference as one of the event's top draws - a pro-business Democrat who's helping restore confidence in Detroit and improving the city's operations.
Mackinac meeting to focus on roads, schools, urban revival  Mid Columbia Tri City Herald
Low Gas Prices To Fuel Summer Travel
If you're just returning from a weekend trip, you're in crowded company. We're just coming off a record Memorial Day Holiday travel weekend.
Memorial Day gas prices at lowest amount since 2010  KUSI
Drivers see lowest Memorial Day weekend gas prices in years  WGEM
Paris-to-Boston airplane cleared after anonymous threat
By TALI ARBEL and DAVID KOENIG AP Business Writers Charter Communications Inc. is close to buying Time Warner Cable for about $55 billion, according to two people familiar with the negotiations.
Cause of death of child in swing undetermined after autopsy  KTVN
Tesla home battery at $7K, partnered with rooftop solar system, may help reduce ...
David Cunningham installed a prototype Tesla battery system to power his home in Foster City, Calif. Email Newsletters. Click here to sign up for one of our email newsletters.
Tesla, LG Chem pull ahead in advanced battery race  Michigan Radio
Victor Schukov: Could you imagine the West Island running on Tesla batteries?  Montreal Gazette
Spain swings to the radical Left in poll that mirrors Greece
People celebrate the results of leftist parties at the townhall square after the Spanish regional and local elections in Valencia, Spain, May 25, 2015.
Rajoy's Losses Show Danger of EU Austerity, Renzi Says  Bloomberg
EUROPE MARKETS: Jitters Over Spanish Elections, Greece Hit Banks, Euro  Nasdaq
Scepticism over Fiat chief's call for cars tie-ups
It was called “Confessions of a Capital Junkie”. But one industry insider said it was more like “Car Industry 101”. Sergio Marchionne, chief executive of Fiat Chrysler Automobiles, last month gave a presentation on automotive mergers and acquisitions, the ...
Fiat Chrysler Falls as M&A Prospects Hit by Report of GM Rebuff  Bloomberg
'Fiat Chrysler CEO approached GM about a merger, was rebuffed'  Zee News
Hurricane Preparedness Sales Tax Holiday Begins
CHARLOTTESVILLE, VA (NEWSPLEX) -- The Atlantic Hurricane Season starts next week, and Virginia residents have the chance to get ready this week and not pay sales tax.
VA Hurricane Preparedness Sales Tax Holiday Underway  NBC 29 News
Stock up, tax free, on many hurricane prep items