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U.S. markets news

Charter near $55B deal for Time Warner Cable
Charter Communications (CHTR) is nearing agreement to acquire Time Warner Cable (TWC) for $195 a share in a cash and stock deal valued at $55.1 billion, a person familiar with the talks said Monday.
Charter reportedly near deal to buy Time Warner Cable  CNET
Charter reportedly close to $55 billion deal for Time Warner Cable  PCWorld
Wall Street Journal  
Yellen's Words Fuels The Greenback's Rise
The U.S. dollar hit a two-month high against the yen and is holding firm against other Group of 10 currencies on Monday after Federal Reserve Chair Janet Yellen suggested late last week the central bank will raise interest rates in 2015.
South Africa's rand weakens on US rate hike hopes  Reuters Africa
Canadian Dollar Declines As Oil Prices Fall  RTT News
Oil prices gain as firm demand outweighs dollar strength
CALGARY, Alberta Crude oil futures rose on Monday as firm global demand offset a strong dollar, although a holiday in the United States and much of Europe kept trading muted.
Oil prices steady as firm demand offsets dollar strength | Reuters  Firstpost
Oil moves further below $60 as dollar firms up  MarketWatch
FIFA adds prison labor to its arsenal
The Russian prison service is backing a bid by Alexander Khinshtein, a lawmaker from the ruling United Russia party, to allow prisoners to be taken from their camps to work at factories, with a focus on driving down the costs of building materials for World Cup ...
Russia plans to use prison labor for 2018 World Cup  San Francisco Chronicle (subscription)
Amazon to pay higher sales taxes in Europe
Under pressure from the European Union, Amazon has agreed to begin paying taxes in four European countries where it has large operations.
Amazon changes Europe tax practices amid ongoing probe  CNET
Amazon to start paying more EU taxes after pressure from regulators  Fortune
BP Now Getting Credit For Gulf Tourism Boon
ORANGE BEACH, Ala. (May 25, 2015) Tourism hasn't only recovered on the Gulf Coast five years after the BP oil spill, but industry officials say it's surging, and they credit fallout from the environmental disaster as being part of the reason why.
Once vilified, BP now getting credit for gulf tourism boom  WAVE 3
Solar plane set for most challenging leg of epic 6-day journey
BEIJING: In a rare test of man and machine, The Solar Impulse 2, the world's only solar-powered aircraft is about to undertake its greatest challenge yet - to fly non-stop for six-days from China to Central Pacific.
Solar Plane 6 Day Nonstop Flight has been Postponed  I4U News
Detroit fund gets $1 million to help people pay water bills
DETROIT (AP) - A New York investment banking company has donated $1 million to a fund designed to help low-income Detroit residents pay their water bills and avoid shutoffs.
New water assistance fund available for Detroiters  Michigan Radio
California Looks Down Under for Drought Advice
SYDNEY - California's longest and sharpest drought on record has its increasingly desperate water stewards looking for solutions in Australia, the world's driest inhabited continent.
California looks to Australia for tips on surviving drought  U-T San Diego
Desperate for solutions, California looks Down Under for advice on surviving ...  Greenfield Daily Reporter
Vatican bank profits soared in past year
VATICAN CITY -- The Vatican bank said Monday 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 profit makes miraculous comeback, rising twentyfold  CBC.ca
Vatican bank profits rise as clean up continues  Reuters