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U.S. markets news

Fed's Bullard says global markets seem well-prepared for summer rate hike
SEOUL St. Louis Federal Reserve President James Bullard said on Monday global markets appear to be "well-prepared" for a summer interest rate hike from the Fed, although he did not specify a date for the policy move.
Fed's Bullard taking wait-and-see approach to rate hikes  Morningstar.com
Thank The Fed For Low Business Formation Numbers  Forbes
PR Web (press release)  
Coke to unveil new patriotic cans for Memorial Day weekend
New patriotic cans of Coca-Cola are being rolled out this Memorial Day. The cans are a tribute to the 75th anniversary of the founding of the United Service Organizations.
Coca-Cola Enterprises, Inc. (NYSE:CCE) Quarterly EPS From Continuing ...  Vanguard Tribune
Coca-cola debuts new red, white & blue can  fox6now.com
Former Zurich Insurance CEO Martin Senn Commits Suicide
ZURICH—Former CEO of Zurich Insurance Group AG Martin Senn, who left the company in December, has killed himself, marking the second suicide among the insurer's top management ranks in the past few years.
UPDATE 1-Zurich Insurance former CEO Senn commits suicide -company  Reuters
Former Zurich Insurance CEO Martin Senn Kills Himself  ABC News
China stocks close marginally higher
China stocks closed up on Monday with many investors taking to the sidelines amid uncertainty over the monetary policy outlook even as the economy fails to show signs of a sustained recovery.
HK, Shanghai stocks higher by lunch  The Manila Times
Noble Group CEO quits unexpectedly, raising doubts over strategy
SINGAPORE Noble Group's CEO Yusuf Alireza quit on Monday, a surprise move that comes just weeks after he secured crucial financing for Asia's biggest commodity trader and raises questions about its future strategy.
Noble Group CEO Alireza Quits as Part of Energy Unit Put on Sale  Bloomberg
Noble Group: Why Big Moves Don't Signal New Chapter  Wall Street Journal
Coke unveils 'Proud to be an American' cans
In celebration of 75 years of partnership with the USO, Coca-Cola has rolled out patriotic-themed soda cans. UK charges 2 men with immigration offenses after boat rescue.
Coca-Cola releases patriotic red,white and blue can  WPXI Pittsburgh
CG Stocks Highlights: Nike Inc (NYSE:NKE), The Coca-Cola Co (NYSE:KO)  share market updates (press release)
Computer Outage at JFK Airport Causes Delays as Passengers Forced to Check in ...
Long lines seen here Sunday night after a computer outage at Terminal 7 caused massive delays at John F. Kennedy Airport May 30th, 2016.
Computer failure causes delays at New York's John F. Kennedy Airport  CNN
JFK Computer Glitch Wreaks Havoc on Air Passengers  New York Times
$50 oil shouldn't pose major threat to consumers, economy
The arrival of higher energy prices isn't necessarily bad news for consumers - at least not yet. Analysts expect gasoline and airline fares to stay relatively low at least through the summer travel season.
Moody's: Oil's Doubling in Cost Shouldn't Pinch Consumers, Economy  Newsmax
Oil climbs over $50: Can investors bank on a recovery?  Resource Investor
FLSA's final rules published
As you may recall, I previously reported in this column that the Department of Labor had announced a proposed rule change to the Fair Labor Standard Act's (FLSA) regulations that would change certain qualifying criteria for salaried positions, also ...
New overtime rule may affect 132000 N.J. workers  NorthJersey.com
The new overtime rule's fine print  Arkansas Online
Verizon, unions reach deal in principle for 4-year contract
FILE - In this April 13, 2016 file photo, Verizon workers picket outside one of the company's facilities in Boston. Striking Verizon employees may be back to work next week after the company and its unions reached an agreement in principle, Friday, May ...
Opposition grows to CWA effort to shut down Verizon strike  World Socialist Web Site
Verizon Strike Update: How Reliable Is The Tentative Deal; Union Workers Can ...  iTech Post