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U.S. markets news

Car sales at the peak: Ford and GM are about to make a big comeback
New York: Shareholders and other stake holders are eagerly awaiting the May's sales data related to the performance of automotive companies.
Good news: strong sales mean US car makers are set to accelerate  National Monitor
U.S. Car Sales Expected to Experience a Strong Rebound  WallStreet OTC
Reuters  
India's Economic growth surpasses China
Indian Economy's growth rate surpassed China's in the first quarter. Data showed on Friday the economy growth of 7.5% year-on-year in the last quarter for the Asia's third-largest economy.
Data shows Indian growth outstrips China's but economists doubtful  Reuters
India''s Economic Growth Hits Four-Year High -- Update  Nasdaq
American Express President Ed Gilligan Dies Suddenly On Flight To New York
American Express and American Express corporate cards are pictured in Encinitas, California, Oct. 17, 2011. Reuters/Mike Blake. The president of American Express Co.
Amex President Gilligan dies  Business Standard
American Express' Gilligan falls ill on flight, dies at 55  Taipei Times
Policies working, ECB must persist with purchase programs: Constancio
SITGES, Spain The European Central Bank's monetary policy, aimed at raising inflation in the euro zone area, is working according to plan, ECB vice president Vitor Constancio said on Saturday, citing recent figures.
ECB's Constancio Says Euro-Area Recovery Needs Higher Investment  Bloomberg
Effects of potential Greek default for banks not clear: ECB's Constancio  TODAYonline
Comcast's failed TWC merger may blow up in its face… again
Comcast's decision to try to merge with Time Warner Cable last year might go down as one of the biggest strategic blunders of the decade.
What Does the Merger of Charter Communications (NASDAQ:CHTR) and Time ...  WallStreet.org
Charter Communications Rating Reiterated by Pivotal Research (CHTR)  WKRB News
Greece will lose funding access if payment missed — IMF
The International Monetary Fund has given its starkest warning yet that Greece could be forced out of the eurozone, as the country edges closer to judgment day with its foreign creditors.
Greece Willing to Make Concessions to Secure Agreement  Greek Reporter
Greece Interior Minister Says Government Will Focus on Completing Bailout ...  Modern Readers
FAA: Green lasers targeted four aircrafts flying over New York
Reporting a recent incident amounting to federal crime, the Federal Aviation Administration (FAA) said that green lasers targeted four commercial airliners on Thursday night.
Feds hunting people pointing lasers at planes in New York  WDAM-TV
Pilots Say Planes Were Targeted by Green Lasers; Drone Forces Airliner to ...  NY1
Snapchat gets fresh funding of $537 million and is aiming for more
Snapchat informed United States regulators on Friday that it had managed to raise $ 537 million in a fresh round of funding which could go as high as $ 650 million.
Snapchat Raised $ 537 million in Latest Round of Equity Funding as the ...  Benchmark Reporter
Snapchat is so popular investors are giving up on certain privileges in its ...  Businessinsider India
NY-bound passenger jet reports near-miss with drone
A commercial airliner narrowly missed colliding midair with a drone at 2,700 feet as it neared New York's LaGuardia Airport Friday morning, just hours after a string of incidents involving lasers pointed at planes, according to federal officials.
LaGuardia Airport's slow-paced makeover process might speed up soon  NYC Today
Port Authority taps LaGuardia developer  Queens Chronicle
Bank of America to Pay $30 Million, Fix Violations on Servicemembers'' Accounts
Bank of America Corp. has agreed to pay a $30 million civil penalty and correct violations on about 73,000 accounts of U.S. military members.
Bank of America in the Soup over Improper Collections from Military Members ...  Uncover Michigan
Briefcase: Bank of America fined for debt collection  The Spokesman Review