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U.S. markets news

Procter & Gamble changes leadership
A.G Lafley, president and CEO of Procter and Gamble, speaks at the companies annual shareholderes meeting, Tuesday, Oct. 11, 2005, in Cincinnati.
P&G Looks for Steve Jobs-Like Sequel by Recalling Ex-CEO  Bloomberg
Embattled P&G Chief Replaced By Old Boss  Wall Street Journal
Financial Times   Related articles »  
Orders for U.S. Durable Goods Rose More Than Forecast in April
Orders for U.S. durable goods increased more than forecast in April, indicating the world's largest economy will get a lift in the second half of the year as business investment strengthens.
Durable Orders Bounce Back, but Shipments Decline  Wall Street Journal
TABLE-US April durable goods orders rose 3.3 pct  Reuters
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Target, Macy's Sue MasterCard, Visa Over Card Swipe Fees
Target Corp. (TGT) and Macy's Inc. (M) joined with 15 other retailers in suing Visa Inc. and MasterCard Inc. (MA) over credit-card and debit-card fees after dropping out of a multibillion-dollar settlement of a similar case.
Troubled Visa Settlement Takes Another Hit As Retailers File Own Suit  Forbes
Large US retailers sue Visa, MasterCard over card fees  Reuters
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Commentary: New rules un-COOL
As tougher Country of Origin Labeling (COOL) rules are set to be imposed by USDA, the immediate reaction from the industry is decidedly uncool.
New COOL Rule Might Result in Retaliatory Tariffs  Food Safety News
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Jobless Claims Fall to 340000
WASHINGTON�The number of U.S. workers seeking new unemployment benefits fell last week by more than expected, another sign of slow improvement in the labor market.
US jobless claims drop more than expected last week  Reuters
Ahead of the Bell: US Unemployment Benefits  Businessweek
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News Corp. Board Approves Split
News Corp .'s board approved the company's separation into two publicly traded entities, moving a step closer to splitting its entertainment businesses from the publishing division.
News Corp to split in two on 28 June  BBC News
News Corp 'poison pill' share plan to protect empire's dept  Moneycontrol.com
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Hulu draws more bidders
Yahoo Inc., fresh off its $1.1-billion deal this week to acquire personal blogging site Tumblr, got in line Friday to pick up video streaming site Hulu.
Hulu Said to Get Bid From KKR, Silver Lake  Bloomberg
Yahoo! joins the $1B hunt for Hulu  New York Post
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New Zealand in Tight Range Ahead of Fed Testimony
WELLINGTON�The New Zealand dollar was sticking to a tight range late Wednesday, ahead of Federal Reserve Chairman Ben Bernanke's testimony to the Joint Economic Committee of the U.S.
A stumbling bumbling fool? Not our bearded Ben!  TradingFloor.com (blog)
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Singing the Abe Electric
Japanese Prime Minister Shinzo Abe next month announces a major tranche of structural reforms, the so-called third arrow in his three-pronged plan to revive the economy.
Abe Heads to Myanmar as Japan Inc. Eyes Cheapest Wages in Asia  Bloomberg
Japan PM Shinzo Abe in Burma for economic talks  BBC News
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Billionaire investor apologises for saying breastfeeding women can't make ...
Billionaire investor Paul Tudor Jones has apologised for saying women with children can't compete with men on Wall Street because they are "overwhelmed" by breastfeeding and are unable to make rational decisions on the trading floor.
Paul Tudor Jones: In macro trading, babies are a 'killer' to a woman ...  Washington Post
Sorry Paul Tudor Jones: It's Male � Not Female � Traders We Should Be ...  TIME
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