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U.S. markets news

Jury clears Kleiner firm in Silicon Valley gender bias case
SAN FRANCISCO (Reuters) - A California jury on Friday cleared venture capital firm Kleiner, Perkins, Caufield and Byers of gender discrimination claims brought against it by a woman former partner, in a trial that transfixed Silicon Valley.
Ellen Pao Loses Silicon Valley Bias Case Against Kleiner Perkins  New York Times
It's official: Kleiner Perkins wins gender bias case  CNNMoney
USA TODAY  
Yellen says rate increase may be warranted later in year
Federal Reserve chair Janet Yellen said Friday that any increase in rock-bottom interest rates to �more normal� levels would be gradual and that rates would remain low �for some time� while the economy continues to recover.
Little movement with EUR/USD following Yellen's speech in San Fran  Nasdaq
Yellen: Rate increase could come 'sometime this year,' but not yet  The Seattle Times
$5 billion Dow Chemical, Olin deal includes some Louisiana facilities
Dow Chemical is breaking off a significant part of its chlorine operations - including those in Plaquemine - in a deal with Olin Corp.
Early movers: DOW, BBRY, GME, RH, YHOO & extra  Chicago Daily News
Dow Chemical, Carnival, Oxford Industries and Blackberry are major market ...  New York Recorder
BlackBerry announces lowest quarterly sales in 8 years
BlackBerry posted its lowest quarterly sales in more than eight years on Friday, as the Canadian smartphone maker struggled to find new revenue sources to offset dwindling sales of its handsets.
BlackBerry revenue down a third in a year  Irish Times
BlackBerry sends mixed message with year-end results  The Globe and Mail (subscription)
S&P 500 Clings to Quarterly Gain After Worst Week Since January
Janet Yellen, chair of the U.S. Federal Reserve, said Friday at a conference in San Francisco that she expects the Fed to raise interest rates this year, and that subsequent increases will be gradual without following a predictable path.
US Stocks Snap Losing Streak  Wall Street Journal
How the Dow Jones Industrial Average Fared Friday  ABC News
U.S. Economic Growth, Corporate Profits Slow
WASHINGTON--Profits at U.S. corporations in late 2014 posted their largest drop in four years, a reflection of an economy weighed down by a strong dollar and weak global demand.
US economic growth may be mild, but it's also really durable  Appeal-Democrat
Intel in talks to buy Altera, shares of firms surge
(Reuters) - Intel Corp (INTC.O) is in talks to buy fellow chipmaker Altera Corp (ALTR.O) in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating ...
Analysts: Potential Intel-Altera deal could be a 'win-win'  Daily Democrat
Altera stock soars on report of sales talks with Intel  The State
Madison Square Garden:
The Garden will become part of Spinco as well. Unlike Radio City, the company owns the Garden outright, including its air rights. "While the development rights we own would permit us to expand in the future, any such use of development rights would require ...
Madison Square Garden to spin off sports and entertainment business  Reuters
Madison Sq. Back garden to split into two firms  New York Recorder
Tim Cook Will Give Away His Apple Fortune
Apple CEO Tim Cook revealed that he will give away his Apple fortune, at least $700 million, before he dies. The only direct contribution to his own family will be to ensure that his nephew can comfortably afford college.
Apple CEO Tim Cook to give fortune to charity  San Jose Mercury News
Heinz execs meet with city leaders to discuss merger with Kraft
PITTSBURGH - Heinz executives met with Pittsburgh city leaders Friday afternoon to discuss the company's merger with Kraft. Pittsburgh Mayor Bill Peduto met with the executives for about an hour and said he emphasized the importance of the Heinz ...
The Globe's stars and dogs for the week  The Globe and Mail
City, county leaders say Heinz plan to keep HQ in Pittsburgh  Tribune-Review