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U.S. markets news

Asia Stocks Erase Gains as Australian Banks Drop; Westpac Falls
Asian stocks erased gains, leaving the regional benchmark equities gauge little changed, as Australian banks headed for the largest weekly drop in a year.
Nikkei recovers some poise as investors pile back in  Financial Times
Nikkei recoups some of Thursday's 7.3 percent dive, bull run seen intact  Reuters India
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Procter & Gamble replaces CEO Bob McDonald with former CEO AG Lafley ...
NEW YORK - Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again. The Cincinnati company said late Thursday that former CEO A.G.
McDonald bows out after investor criticism and weak earnings  Financial Times
Congrats, Bill Ackman: Bob McDonald Out At P&G; AG Lafley Returning As CEO  Forbes
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Large US retailers sue Visa, MasterCard over card fees
By Jessica Dye. Thu May 23, 2013 1:30pm EDT. (Reuters) - A group of U.S. retailers, including Macy's Inc. (M.N) and Target Corp.
Target, Macy's Sue MasterCard, Visa Over Card Swipe Fees (1)  Businessweek
Target, Macy's and Others Sue Visa and MasterCard Over Fees  NASDAQ
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Stock Futures Pare Gains After Fall in Jobless Claims
NEW YORK (TheStreet) -- Stock futures were paring losses after a better-than-expected jobless claims report, but were still pointing to a negative open as investors continued to worry that the Federal Reserve may be heading for a wind-down of quantitative ...
Jobless Claims Fall to 340000  Wall Street Journal
US jobless claims drop more than expected last week  Reuters
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Sears Turns in a Loss as Revenue Falls
Sears Holdings Corp. swung to a fiscal first-quarter loss from a profit a year earlier, when the retailer booked a large gain on asset sales.
Sears Posts $279 Million Quarterly Loss as Revenue Slumps  Businessweek
Sears reports bigger-than-expected loss for 1st quarter  Washington Post
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California Outlines Health Premiums
California's new health-insurance exchange, the largest state-operated marketplace emerging under the federal health-care overhaul, will offer consumers premiums that vary widely but often avoid the steepest increases experts had predicted.
California Puts Tentative Price on Health Policies Under New Law  New York Times
New California health insurance rates unveiled  Los Angeles Times
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ISS Employee Leaked Votes for Concert Tickets, SEC Says
Hundreds of times over five years, an employee of Institutional Shareholder Services Inc. would get an email asking questions like this: �how many & how voted.
Institutional Shareholder Services settles civil charges on leaked data  Washington Post
ISS Settles Investigation Into Leaks of Shareholder Vote Data  New York Times
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Corporate Directors Get Older, Hold Their Seats Longer
Michael Jeffries's penchant for having the male crew on Abercrombie & Fitch's (ANF) corporate jet wear the retailer's boxer briefs, flip-flops, and cologne certainly hasn't hurt the chief executive officer's standing with his board.
Abercrombie & Fitch Agrees to Be More Sensitive to All Sizes  People Magazine
'Attractive & Fat' ad spoofs Abercrombie  CNN
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Navy conducts first test flight of Northrop's Triton drone
Aerospace giant Northrop Grumman Corp., plagued by setbacks with its pricey high-flying spy drones, has come up with a new version for the Navy that could keep the company's unmanned aircraft assembly line in Palmdale humming.
Northrop Wins Navy Laser Contract  Motley Fool
Northrop Grumman, US Navy Catapult X-47B UCAS from Carrier  Southern Maryland Online
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JGBs slip as stocks take back some lost ground
Thu May 23, 2013 11:18pm EDT. TOKYO, May 24 (Reuters) - Japanese government bond prices fell on Friday as stocks clawed back some of their steep losses in the previous session, though the benchmark yield remained well shy of the one percent ...
Kuroda Struggles With Communication as Japan Rates Rise: Economy  Bloomberg
Bass Sees BOJ Bond Purchases Overwhelmed as Investors Dump Debt  Businessweek
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