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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
Wall Street Journal  
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.
Treasury 10-Year Yield Touches Two-Month High as Bunds Slide  Bloomberg
Greece Fears Hit European Markets  Nasdaq
Oil Prices Rise Ahead of US Supply Data
LONDON´┐ŻOil futures rose Wednesday ahead of key U.S. supply data expected to show that the oil-market glut is starting to abate. Industry group American Petroleum Institute said late Tuesday that its data showed crude oil supplies in the country fell by 1.5 ...
Oil Extends Gain Above $62 as U.S. Crude Supply Glut Seen Easing  Bloomberg
Oil bulls drive crude to 2015 high on fall in US stocks  The Globe and Mail
Inglorious 'Bastards' See Through Herbalife's Smoke And Mirrors (HLF)
Disclosure: The author is short HLF. (More...)The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it (other than from Seeking Alpha).
Herbalife Shares Rise On Better-than-expected Q1 Results, Raised Outlook  RTT News
Herbalife posts profit of $78.2 million in first quarter; boosts outlook ...  Fox News
EU Commission Opens Antitrust Inquiry Into E-Commerce Sector
LONDON - European officials on Wednesday opened an antitrust investigation into the region's e-commerce sector to address whether large players like American technology giants were impeding competition over how Europeans buy goods and services ...
EU Announces Sweeping Plans to Create a Digital Single Market  Wall Street Journal
EU to review behaviour of web giants in digital market overhaul  Daily Mail
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