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U.S. markets news

Tesla's Wild New Forecast Changes the Trajectory of an Entire Industry
Tesla just took the most ambitious automotive production timeline since the Ford Model T and moved it up two years. The company now plans to produce 500,000 electric cars every year starting in 2018.
Musk Sleeping Near Factory Floor to Spur Manufacturing Progress  Newsmax
Tesla puts pedal to the metal, 500000 cars planned in 2018  Reuters
Hybrid Cars News  
Media|Tribune Publishing Says No to Gannett's $815 Million Offer
The Los Angeles Times building. The owner of the newspaper, Tribune Publishing Company, rejected an unsolicited offer from Gannett.
Tribune Publishing rejects Gannett offer  Chicago Tribune
Los Angeles Times Owner Rejects Takeover Offer From Gannett
US Productivity Shrinks Again in First Quarter
One of the worst stretches ever for American productivity growth is getting even worse. Worker productivity—the output of goods and services for each hour of labor—slid in the opening months of the year as companies shelled out more on wages.
Healthy job gains expected despite weak report  USA TODAY
Productivity in U.S. Decreases for a Second Straight Quarter  Bloomberg
4 reasons why Aeropostale has lost its cool with shoppers
Teenagers may no longer care, but two Aeropostale apparel stores in Washington state will close as part of the once-popular chain's bankruptcy restructuring.
Aeropostale, once a retail darling, to close 154 stores as it seeks ...  Press Herald
Aeropostale files for bankruptcy protection and will shut 154 stores, 5 in ...  Los Angeles Times
International Business|Europe to Remove 500-Euro Bill, the 'Bin Laden' Bank ...
The European Central Bank will phase out the 500-euro note by the end of 2018. Credit Miguel Medina/Agence France-Presse - Getty Images.
500-Euro Banknote Being Phased Out  Wall Street Journal
How Institutional Investors Can Get the Most Out of Credit  Institutional Investor
Lower costs, demand for sauces drive Kraft Heinz profit beat
Kraft Heinz Co (KHC.O), the maker of Kraft cheese, Heinz ketchup and Jell-O, reported a better-than-expected quarterly profit as its costs fell and demand rose for its condiments and sauces.
Kraft Heinz (KHC) Stock Jumps in After-Hours Trading on Q1 Earnings Beat
Kraft Heinz Reports First Quarter 2016 Results  Business Wire (press release)
Wall St. falls as data adds to growth worries; biotechs down
NEW YORK U.S. stocks declined for a second day on Wednesday, weighed down by tepid data on private sector U.S. jobs and a retreat in biotech shares.
Stocks Hold Lower Even as Crude Ekes Out Slight Gain
Stocks close lower on weak early jobs data, productivity dip  MarketWatch
Groups sue EPA for failure to update oil, gas industry waste regs
Three environmental organizations filed a lawsuit Wednesday against the Environmental Protection Agency in a push for updated oil and gas industry waste regulations.
EPA failing to regulate disposal of toxic gas and oil production waste ...  Dallas Morning News (blog)
Environmental groups sue EPA over oil, gas rules  The Durango Herald
Whole Foods Sales Pinched as It Preps for New '365' Chain
NEW YORK - Whole Foods' sales are being pinched by rivals as it prepares to launch an offshoot chain intended to court to new shoppers.
Whole Foods Continues to Fight the 'Whole Paycheck' Label  Eater
Whole Foods Market Cuts Annual Guidance -- 2nd Update  Nasdaq
Synacor Shares Soar 119% on AT&T Deal
Shares in Synacor spiked more than 119% in after-hours trading Wednesday after AT&T awarded the Buffalo, N.Y.-based company with a beefy portal services contract.
AT&T dumps Yahoo after 15-year partnership  MarketWatch
AT&T Awards Synacor Important Portal Services Contract  Nasdaq