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U.S. markets news

Fed's Bullard says global markets seem well-prepared for summer rate hike
SEOUL St. Louis Federal Reserve President James Bullard said on Monday global markets appear to be "well-prepared" for a summer interest rate hike from the Fed, although he did not specify a date for the policy move.
Fed's Bullard taking wait-and-see approach to rate hikes  MarketWatch
St. Louis Fed's Bullard Discusses Optimal Monetary Policy Amidst ...  PR Web (press release)
GlobalPost  
Coke debuts 'proud to be an American' cans
The soda company's new "I'm proud to be an American" limited edition red, white and blue cans honor members of the military and feature the American flag in their design.
Coke to unveil new patriotic cans for Memorial Day weekend  UPI.com
Coca-Cola Enterprises, Inc. (NYSE:CCE) Quarterly EPS From Continuing ...  Vanguard Tribune
Holiday travel headache after computer outage at New York's JFK airport
NEW YORK - It was a holiday travel headache for many passengers at John F. Kennedy Airport after a computer outage forced delays and cancellations for hundreds on Sunday, CBS New York reported.
Verizon Service Disruption Wreaks Havoc at Kennedy Airport  New York Times
Computer Glitch at JFK Airport Causes Massive Check-in Lines  ABC News
Noble Group's CEO resigns in surprise move, to sell US energy unit
SINGAPORE Embattled commodity trader Noble Group (NOBG.SI) announced the surprise resignation of CEO Yusuf Alireza on Monday and said it planned to sell a U.S.
Noble Group Chief Executive Alireza Resigns  Wall Street Journal
Noble's CEO exits as embattled trader puts Americas energy unit up for sale  CNBC
The Three Big Challenges Facing Puerto Rico (Part II Of 'Lost And Found In Old ...
It's close to midnight on a Thursday in San Juan Puerto Rico, and my friend and I (let's call him Virgil) have finally found a restaurant that will serve us at this hour.
Forbes.com: Puerto Rico Rescue Bill Is a Conservative Win  Newsmax
Letter: Act on Puerto Rico  Deseret News
Elon Musk vs Warren Buffett: how two titans see carbon-free electricity
There's an energy battle brewing in Nevada. On one side is electric utility NV Energy, owned by billionaire Warren Buffett. On the other is SolarCity, the solar-power company owned by Tesla CEO Elon Musk.
Florida's solar amendment is for real  Miami Herald
Warren Buffett's NV Energy Is Losing Customers on the Vegas Strip to ...  Motley Fool
US oil drillers cut rigs despite price recovery -Baker Hughes
(New throughout, adds production data) By Scott DiSavino May 27 U.S. oil drillers cut rigs for a ninth week in the last 10, energy services company Baker Hughes Inc said on Friday, even as crude prices this week tested a seven-month high at $50 a barrel.
Oil near $50 amid drop in US rigs, disruptions in Nigeria  WorldOil (subscription)
Where Is the US Fund LP (USO) Headed: Fundamental and Technical Analysis  Bidness ETC
IRS scam callers target Rockport
ROCKPORT - Police here have a warning for residents: If the IRS phones saying you owe taxes, and need to pay immediately with a pre-paid debit card or wire transfer, don't believe the caller.
Six Reasons Not To Engage With Scammers, No Matter What Your Facebook ...  Forbes
IRS scam suspects conned victims in at least 21 states  USA TODAY
GM killing off its trusty Buick Verano compact car
General Motors has made it official: It is ending production of the Buick's compact sedan. The well-regarded Verano compact will become the latest car model to disappear as consumers increasingly demand boxy SUVs and crossovers instead of conventional ...
Buick Puts an End to Verano Sedan  Cars.com News
Buick to drop Verano this fall  LeftLane News
$50 oil shouldn't pose major threat to consumers, economy
The arrival of higher energy prices isn't necessarily bad news for consumers - at least not yet. Analysts expect gasoline and airline fares to stay relatively low at least through the summer travel season.
Oil Prices Poised to Hit Sweet Spot for Global Economy — Energy Journal  Wall Street Journal (blog)
Moody's: Oil's Doubling in Cost Shouldn't Pinch Consumers, Economy  Newsmax