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U.S. markets news

OPEC's Weakest Link Is Not Who You Think It Is
OPEC and a few associates announced on Thursday they would prolong supply cuts, as we knew they would. OPEC extended its cuts by nine months.
Opinion: 16 energy stocks that company executives love, regardless of what ...  MarketWatch
OPEC, non-OPEC extend oil output cut by nine months to fight glut  Reuters
Mark Zuckerberg's Great American Road Trip
CAMBRIDGE, Mass. - In March, Mark Zuckerberg visited Mother Emanuel in Charleston, S.C., an African Episcopal Methodist church that was the site of a mass murder by a white supremacist.
Mark Zuckerberg cries while telling story about student afraid of being deported  CNBC
Mark Zuckerberg finally got his Harvard degree  USA TODAY
GM is accused in lawsuit of cheating on diesel truck emissions
The GM logo is seen at the General Motors Assembly Plant in Valencia, Venezuela April 21, 2017. REUTERS/Marco Bello. 1/2. left. right.
GM accused in lawsuit of using VW-like defeat devices  The Detroit News
GM dips after reported suit alleges diesel pickups are rigged to pass ...  CNBC
10 percent of Americans trading in a car plan to use Uber and Lyft instead of ...
Wally Nowinski got his first car when he turned 16 in Michigan, the home of the U.S. auto industry. But after two years of living in New York City, he sold his wheels, using ride services, carsharing and bike sharing to get around.
Poll finds some Uber, Lyft riders giving up their cars  The Hill
Lyft takes on Uber's black luxury car services by launching Lyft Lux  Los Angeles Times
S&P 500 hits record high after upbeat retail results
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 25, 2017. REUTERS/Brendan McDermid. By Caroline Valetkevitch | NEW YORK.
S&P 500, Nasdaq close at records, as stock market extends win streak to ...  MarketWatch
S&P and Nasdaq close at record highs as big tech stocks rise  CNBC
Sears surges as cost cuts, asset sale help post profit
A Sears department store is pictured in La Jolla, California, U.S., March 22, 2017. REUTERS/Mike Blake. By Sruthi Ramakrishnan. Sears Holdings Corp (SHLD.
Everyone is missing a critical point about Sears' first quarter profit  Business Insider
Sears Sales Plunge Yet Again  Fortune
Best Buy CEO Hubert Joly confounds the naysayers
When hospitality executive Hubert Joly was named CEO of Best Buy (BBY) in 2012, the company's shares tumbled 10 percent because investors worried that he lacked the background to turn around the giant consumer-electronics chain.
Best Buy unexpectedly beats on sales; shares at record peak  Reuters
There's more to Best Buy's earnings surprise than tax refund checks  CNBC
Ford's Executive Shakeup Aimed at Accelerating Decision-Making
Top executives are taking on new roles at Ford Motor Co., including one returning to the company after a stint at Uber Technologies Inc., as part of the shakeup that swept turnaround specialist Jim Hackett into the chief executive officer post.
Ousted Ford CEO Mark Fields Is Being Paid a Lot of Money to Leave the Company  Fortune
Ford changes senior leadership under new CEO Jim Hackett
$6 billion in improper student aid payments found at Ed Dept
WASHINGTON (AP) - Members of Congress criticized the Education Department on Thursday over $6 billion in improper payments made as part of federal student aid programs.
GOP threatens to subpoena Education Dept. official who quit  Politico
Why Did The Top Student Aid Official Under Betsy DeVos Resign?  NPR
Connecticut pension fund urges Tesla shareholders to change board
Tesla Inc. TSLA, +0.61% shareholder Connecticut Retirement Plans and Trust Funds urged other shareholders to declassify the car maker's board to "better meet challenges the company now faces as a maturing public company," it said in a Securities and ...
Profit From Tesla Inc (TSLA) Stock More Than Tesla Itself
Tesla Has Reputation As Dangerous Place To Work  Nasdaq