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U.S. markets news

Cable operator Charter to buy Time Warner Cable for $56 billion
Charter Communications Inc, controlled by cable industry pioneer John Malone, offered to buy Time Warner Cable Inc for $56 billion, seeking to combine the No.
Charter buys Time Warner Cable in $55B deal  USA TODAY
Charter High Yield/Leveraged Loan Debt, Default Protection Widens On Time ...  Forbes
PC Magazine  
US new home sales, prices rise strongly in April
New U.S. single-family home sales rose more than expected in April and the median price surged, suggesting the housing market recovery was gaining traction.
Sales of New U.S. Homes Climbed More Than Forecast in April  Bloomberg
Strong US job market powers new-home sales  LA Daily News
Interior minister warns Greece will default on June IMF repayment
Greece has again threatened to default on loan repayments due to the International Monetary Fund, saying it will be unable to meet pension and wage bills in June and also reimburse €1.6bn owed to the IMF without a bailout deal with creditors.
Greece says ATM, bank transaction tax no longer being discussed  TODAYonline
Greece might sidestep June 5 IMF payment deadline  Reuters UK
City-by-city look at house prices, as San Francisco surges again
Here's a city-by-city look at house prices, as the S&P/Case-Shiller 20-city composite showed a 0.9% monthly gain for March and a 5% year-on-year gain.
U.S. home prices rose at steady pace in March from year ago  Charlotte Observer
Home prices rose faster than expected in March  USA TODAY
US stocks fall the most in three weeks as dollar soars
U.S. stocks recorded their steepest fall in three weeks in morning trading on Tuesday as positive economic data added to the gains in the dollar and sent it soaring to a one-month high.
US Stocks Sharply Lower  Wall Street Journal
Stocks tumbles as Dow down almost 200  USA TODAY
Pizza Hut and Taco Bell to remove artificial ingredients
similac non gmo Abbott still believes that GMOs are safe, but the company is offering a non-GMO form of Similac baby formula to meet customer demand.
Taco Bell, Pizza Hut nix artificial ingredients  USA TODAY
“Less is m�s”? Taco Bell to start shilling “natural” junk food  Salon
Durable Orders Slip, but Business Spending Firms Up
WASHINGTON—Demand for big-ticket manufactured goods fell last month, but underlying figures suggest business investment is slowly starting to pick up.
Signs of revival in business investment seen in April durable-goods report  MarketWatch
Economic Watch: Key Durable Goods Indicator Rises  Truckinginfo
Chinese stocks power higher
Chinese shares marched higher in yet another session today, after the country announced over the weekend it would would allow funds domiciled in Hong Kong and China to be sold in each others' market starting July 1. China also said it would slash duties ...
China to launch QDII2 overseas investment scheme soon in six cities: Report  Economic Times
China Hushen 300 index futures open higher Tuesday  Shanghai Daily (subscription)
Jony Ive's promotion
We learn this morning that the man behind the design ideas that made Apple the world's richest company has got a new job. Sir Jonathan - or Jony - Ive has been promoted to Chief Design Officer.
Jony Ive promoted to Apple's chief design officer  Irish Examiner
Apple promotes tech guru Jonathan Ive as head of design  Washington Post
Media CEOs are the highest-paid American executives
NEW YORK (AP) - They're not Hollywood stars, they're not TV personalities and they don't play in a rock band, but their pay packages are in the same league.
How AP and Equilar calculated CEO pay  The Seattle Times
Media CEOs dominate ranks of top-paid executives  nwitimes.com