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U.S. markets news

US economy fell at 0.7 pct. rate in winter but is rebounding
Rodbusters install rebar on the new Comcast Innovation and Technology Center under construction in Philadelphia in April. WASHINGTON - The U.S.
Q4 GDP growth at 7.5%; economy grows at 7.3% in FY15  Economic Times
Fuel and potential fires for the US economy ahead  Concord Monitor
Hindu Business Line  
American Express President Ed Gilligan dies
American Express said the company's president, Ed Gilligan, died suddenly Friday after falling ill while flying on a corporate plane to New York.
American Express president, 55, dies after falling ill on flight  Chicago Tribune
American Express president dies suddenly after falling ill on flight  Honolulu Star-Advertiser
Humana is said to consider sale of company
The health insurer Humana is considering a potential sale of itself after several competitors approached it, people briefed on the matter said Friday.
Health Insurer Humana Explores Sale  Wall Street Journal
Humana's Baby-Boomer Focus Makes Insurer a Prize for Cigna  Bloomberg
John Malone goes back to being 'King of Cable'
A Charter Communications van. The bid for Time Warner Cable would catapult Charter from the fourth-largest cable company to the No 2 slot behind Comcast.
Charter buying Time Warner Cable as TV viewers go online  Waterbury Republican American
What Charter-Time Warner Cable deal could mean for consumers  messenger-inquirer
Wall Street ends down on weak economic data
US stocks closed lower on Friday as data showed the economy contracted in the first quarter but the indexes still posted gains for the month.
US Stocks Close Lower  Wall Street Journal
US stocks extend losses on downbeat GDP data  Xinhua
Ethanol '07 goals said not possible
WASHINGTON -- The Obama administration's latest plan on ethanol will add more of the corn-based renewable fuel to the nation's gasoline supply in coming years -- but not as much as was required by federal law.
What some are saying about the new RFS standards  DesMoinesRegister.com
EPA renewable fuel proposals disappoint area ag supporters  Quad-Cities Online
Intel Nears $15 Billion Deal To Buy Altera: NY Post
Last week, the New York Post said that Intel and Altera resumed talks on a potential deal of more than $13 billion after it was stalled in early April.
Intel Takeover of Altera Is Expected  New York Times
Intel close to deal to buy Altera for $16 billion: sources  Gazette Herald
Snapchat has sold $537M in common stock to investors
Snapchat, the fast-growing messaging app, has sold $537 million in common stock to nearly three-dozen investors since mid-February - part of a hoped-for $650 million equity cash raise, the company said in a regulatory filing on Friday.
Snapchat Raises Another $500 Million From Investors  Nasdaq
Snapchat raises $537.6m via common stock sale at $16bn valuation  International Business Times UK
Plane from Reagan National has close call with drone
WASHINGTON - Air space saw a potentially dangerous encounter between a passenger jet and a drone Thursday nigh. Delta Shuttle Flight 2708 was traveling from Reagan National to New York's LaGuardia airport when the close call happened near the ...
Pilots Say Planes Were Targeted by Green Lasers; Drone Forces Airliner to ...  NY1
NY-bound passenger jet reports near-miss with drone  Fox News
Anheuser-Busch Produces Water for Texas and Oklahoma Victims
ST. LOUIS (KMOX/NEWS RELEASE) - Anheuser-Busch halts their production of beer to produce water for Texas and Oklahoma victims that were recently hit with deadly storms and flooding.
Beer giant Anheuser-Busch provides water for storm victims  Examiner.com
Budweiser Factory Switches Production From Beer To Water  KMBZ