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U.S. markets news

Tesla Motors posts a bigger loss, and two key executives plan to leave
Tesla Motors Inc. reported a larger first-quarter loss compared with a year ago Wednesday, but the report nearly was overshadowed by the planned departure of two of the company's key manufacturing executives.
Elon Musk Sleeping on Tesla Factory Floor to Spur Manufacturing Progress  Newsmax
Tesla puts pedal to the metal, 500000 cars planned in 2018  Reuters
Bloomberg  
US Productivity Shrinks Again in First Quarter
One of the worst stretches ever for American productivity growth is getting even worse. Worker productivity—the output of goods and services for each hour of labor—slid in the opening months of the year as companies shelled out more on wages.
Healthy job gains expected despite weak report  USA TODAY
Productivity in U.S. Decreases for a Second Straight Quarter  Bloomberg
Zynga Results Boosted by Cost Cuts
Zynga Inc. ZNGA -0.86 % on Wednesday reported first-quarter results that beat expectations, thanks to cost cuts and increased advertising revenue, but the videogame developer posted another sharp decline in customers.
Zynga (ZNGA) Frank D. Gibeau on Q1 2016 Results - Earnings Call Transcript  Seeking Alpha
'FarmVille' creator Zynga's quarterly bookings beat estimates  Reuters
4 reasons why Aeropostale has lost its cool with shoppers
Teenagers may no longer care, but two Aeropostale apparel stores in Washington state will close as part of the once-popular chain's bankruptcy restructuring.
Teen retailer Aeropostale files for bankruptcy protection  San Francisco Chronicle
Teen clothing retailer Aeropostale files for bankruptcy, plans to close 154 ...  Tribune-Review
Tribune Publishing rejects Gannett offer
Tribune Publishing's board has voted unanimously to reject Gannett's $815 million unsolicited offer to buy the Chicago-based owner of the Chicago Tribune, Los Angeles Times and other major newspapers.
Tribune Publishing's (TPUB) CEO Justin Dearborn on Q1 2016 Results ...  Seeking Alpha
Media|Tribune Publishing Says No to Gannett's $815 Million Offer  New York Times
International Business|Europe to Remove 500-Euro Bill, the 'Bin Laden' Bank ...
The European Central Bank will phase out the 500-euro note by the end of 2018. Credit Miguel Medina/Agence France-Presse - Getty Images.
500-Euro Banknote Being Phased Out  Wall Street Journal
The End of the 500 Euro Note Could Lead to a Cashless Economy  Fortune
Wall St. falls as data adds to growth worries; biotechs down
NEW YORK U.S. stocks declined for a second day on Wednesday, weighed down by tepid data on private sector U.S. jobs and a retreat in biotech shares.
Stocks Hold Lower Even as Crude Ekes Out Slight Gain  TheStreet.com
Stocks close lower on weak early jobs data, productivity dip  MarketWatch
Lawsuit seeks stronger regulation by EPA on how drillers handle, dispose of ...
In a lawsuit filed Wednesday, seven environmental and community organizations are suing the U.S. Environmental Protection Agency in federal court to compel the agency to tighten controls on the handling and disposal of oil and shale gas drilling and ...
Groups sue EPA for failure to update oil, gas industry waste regs  Topeka Capital Journal
EPA failing to regulate disposal of toxic gas and oil production waste ...  Dallas Morning News (blog)
PRECIOUS-Gold falls further away from 15-month high as dollar climbs
... * Gold below 15-month peak above $1,300/oz. * Dollar regains ground after hitting 18-month low vs yen. * GRAPHIC-2016 asset returns: reut.
Asian Stocks Drop for Seventh Day as Crude Oil, Aussie Advance  Bloomberg
Investors boost gold assets in world's top ETF by most since '11  Las Vegas Review-Journal
Sempra Doubles Cost Estimate for Biggest U.S. Gas Leak
Sempra Energy more than doubled its estimate for the cost of a historic natural gas leak to $665 million and announced first-quarter earnings that missed expectations.
Sempra Energy (SRE) Debra L. Reed on Q1 2016 Results - Earnings Call Transcript  Seeking Alpha
SoCal Gas expects Aliso Canyon facility to return late summer: CEO  Platts