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U.S. markets news

RPT-Yahoo's rise in Asia offsets risk from Tumblr bet
Tue May 21, 2013 7:00am EDT. By Alexei Oreskovic. SAN FRANCISCO May 20 (Reuters) - Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal.
Yahoo Getting Space at Old Home of The Times  New York Times
Yahoo's Mayer Stakes Turnaround on $1.1 Billion Tumblr Takeover  Businessweek
Sky News Australia   Related articles »  
Can Tim Cook Tame Washington?
As a general rule, the tech world doesn't think highly of Congress or Washington. Nevertheless, Apple (AAPL) Chief Executive Officer Tim Cook has agreed to testify before the Senate today, on Tuesday, May 21, at a hearing on repatriating offshore corporate ...
Dublin rejects Apple tax avoidance claims  Financial Times
Ireland's Appeal to Apple  Bloomberg
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German Market Moderately Lower - NASDAQ.com
(RTTNews.com) - The German market is moderately lower on Tuesday, amid profit taking, as investors looked to further clues on when the Federal Reserve will begin to taper off its stimulus program.
European Stocks Tilt Lower  Wall Street Journal
Fed's Evans Says Economy Has Been 'Improving Quite a Lot'  Bloomberg
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UK Inflation Rate Falls More Than Forecast to 2.4%: Economy
U.K. inflation slowed more than economists forecast in April to a seven-month low and producer prices rose the least since 2009 as fuel costs fell.
UK Inflation Cools on Fall in Oil Prices  Wall Street Journal
Boom in the south drives up house prices  Telegraph.co.uk
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UPDATE 2-IT firm iGate sacks CEO over undisclosed relationship
Tue May 21, 2013 6:01am EDT. By Sumeet Chatterjee and Harichandan Arakali. MUMBAI/BANGALORE May 21 (Reuters) - IT outsourcing company iGate Corp said it had sacked its chief executive, Phaneesh Murthy, for not disclosing a relationship with a ...
Outsourcer Fires Indian CEO Over Relationship  Wall Street Journal
iGate's ex-CEO Phaneesh Murthy denies charges, says a case of extortion  Times of India
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Good News For Boeing: 787 Dreamliner Deliveries Resume And United Takes Off
The airline expects to launch international Dreamliner flights on a number of routes, including Denver-Tokyo, Houston-London, Los Angeles-Tokyo, Los Angeles-Shanghai and Houston-Lagos.
Dreamliner's Other Issues Draw Attention  Wall Street Journal
Boeing's 787 Dreamliner Flies Again  Businessweek
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Fannie Mae, Freddie Mac Exempt From Michigan Transfer Tax
Fannie Mae and Freddie Mac (FMCC) are exempt from Michigan's state and local real estate transfer taxes, a U.S. appeals court ruled, overturning a lower-court decision.
Oakland County vows to take fight real estate tranfer tax fight to Supreme Court  Detroit Free Press
Fannie Mae, Freddie Mac 2013 bill sale calendar  Reuters
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GrubHub to Merge With Seamless as Food Orders Go Mobile
GrubHub Inc. and Seamless North America LLC, two of the top food-delivery websites in the U.S., have agreed to combine their companies to take on rivals in the growing market for online meal orders.
GrubHub, Seamless to combine online food ordering businesses  Chicago Tribune
Seamless And GrubHub Confirm Merger, GrubHub Co-Founder Maloney To ...  TechCrunch
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How Tesla's rivals support Tesla
Upstart electric car maker Tesla Motors is receiving a huge windfall from an unlikely source: competing automakers. The company is bringing in millions of dollars by selling credits from California and 10 other states for selling electric vehicles.
Musk Says Tesla Probably Will Pay Off US Loan Wednesday  Businessweek
Tesla Motors may repay US loan by Wednesday - CEO  Reuters
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Burberry profits rise as Asian sales grow
UK fashion brand Burberry has reported a larger-than-expected rise in annual profits, helped by a strong performance in Asia. Pre-tax profits rose by a better-than-expected 14% to �428m ($652m).
Burberry bolstered by rising Chinese demand to push sales to �2bn  Financial Times
Asia Growth Lifts Burberry Profit 14%  New York Times
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