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U.S. markets news

ECB set to decide on increasing Greek bank lifeline
FRANKFURT (Reuters) - The European Central Bank's Governing Council on Wednesday may nudge up the amount of Emergency Liquidity Assistance teetering Greek banks can borrow, as Athens struggles to avert a potentially catastrophic funding crunch.
Bankrupt Greeks avoid IMF default as they blame Troika divisions for debt ...  Telegraph.co.uk
So Now Greece Is Blaming The IMF And The European Commission For The ...  Forbes
STLtoday.com  
Spotlight turns to television merger
Three months after Comcast announced its $45 billion takeover of Time Warner Cable last year, rival AT&T announced a $48 billion takeover of DirecTV.
Netflix urges FCC to reject AT&T-DirecTV merger unless concerns addressed  NY City News
Netflix urges revisions to AT&T-DirecTV deal  Los Angeles Times
UK construction sector sees 'sharp slowdown'
The UK construction industry grew at its slowest pace in nearly two years during April, a closely watched survey has indicated. The CIPS/Markit Construction Purchasing Managers' Index (PMI) fell to 54.2 in April from 57.8 a month earlier.
Services data ease fears of weakening UK recovery  Financial Times
U.K. Services Growth Accelerates to Fastest in Eight Months  Bloomberg
How Retail Customers Can Benefit from Energy Storage
On April 30, Tesla CEO Elon Musk issued a ballyhooed announcement that the company will sell two battery storage systems that he believes will disrupt the energy industry.
Tesla CEO unveils plans for batteries for the home  Mohave Valley News
Tesla Powerwall: What you need to know  TechRepublic
Bond rout rattles all assets
LONDON (Reuters) - A worldwide selloff in government bonds deepened on Wednesday, with the rise in yields to their highest level this year spreading unease across all asset classes and putting stock markets around the world under pressure.
S&P 500 Futures Rise as Oil Extends Gain; Italian Bonds Rebound  Bloomberg
Irish and European bond yields hit 2015 highs as rout continues  Irish Times
Oil Extends Gain Above $62 as U.S. Crude Supply Glut Seen Easing
Oil extended its advance to trade above $62 a barrel on signs the U.S. supply glut is easing. Futures gained as much as 2.7 percent in New York, rising from the highest close since December.
Oil Prices Rise Ahead of US Supply Data  Wall Street Journal
Opinion: Oil in the $30s? It may happen as a 'short squeeze' ends  MarketWatch
Herbalife discloses Justice Department probe
Nutritional drink company Herbalife on Tuesday said the Department of Justice has requested information about its members and its business practices.
Inglorious 'Bastards' See Through Herbalife's Smoke And Mirrors ...  Seeking Alpha
Herbalife posts profit of $78.2 million in first quarter; boosts outlook ...  Fox News
Spanish Boom Meets French Stagnation as Reforms Drive Growth
The European Central Bank's mantra that structural reforms are the signposts to sustainable economic growth is being reflected in Spain and France.
Mixed signals emerge for eurozone economy  U.S. News & World Report
BMW Profits Rise on SUVs, Strong Sales in UK, US
German luxury carmaker BMW increased its profits in the first quarter thanks to strong demand for its expensive SUVs and higher sales in the U.S.
UPDATE 1-BMW Q1 profits beat as SUV sales take off  Reuters
BMW Posts Jump in Revenue on Strong Demand in US and Europe  Wall Street Journal
UPDATE 2-AB InBev profits from Brazil prices as US sales drop
... * Volumes down 1.2 percent, decline of 6 pct in U.S.. * Revenue per litre up by 7.5 pct on price hikes, premium beer. * Q1 core profit (EBITDA) $3.97 bln vs consensus $3.93 bln (Adds more on Brazil, China, shares).
Sales of premium beer boosts AB InBev  Financial Times
AB InBev Profit Jumps, Strong Dollar Weighs on Sales  Wall Street Journal