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U.S. markets news

Survey: US businesses added just 169000 jobs in April, fewest in 16 months
In this April 2, 2015 photo, David Dunn from Chickamauga, Ga., right, stands in line with hundreds of other job seekers at The Colonnade in Ringgold, Ga.
Private-sector job growth slowed in April to 169000, ADP says  Los Angeles Times
Treasuries Pare Losses as Report Shows U.S. Adds Fewer Jobs  Bloomberg
Yellen says regulators making progress in reforming financial system to prevent ...
Federal Reserve Chair Janet Yellen speaks at the Institute for New Economic Thinking Conference on Finance and Security, Wednesday, May 6, 2015, at the International Monetary Fund (IMF) in Washington.
Fed ready to take more action aimed at banking system safety: Yellen  Reuters
Whether It's Yellen or Fischer Leading the Fed, a June Rate Hike Is Very ...
Alexion Buying Synageva For $230 A Share; Stock Slips ALXN GEVA
Big-cap biotech Alexion Pharmaceuticals (NASDAQ:ALXN) agreed to pay $8.4 billion in cash and stock for fellow rare-disease specialist Synageva BioPharma (NASDAQ:GEVA) Wednesday, which at $230 a share was more than twice Synageva's closing ...
Alexion Pharma to pay $8.4 billion for Lexington-based Synageva BioPharma  Boston Herald
Stocks to Watch: Herbalife, Wendy's and Alexion Pharmaceuticals  Wall Street Journal (blog)
EU moves to help tech companies compete with Google, Amazon
The European Union has unveiled a long-term strategy to help its technology companies compete with U.S. giants like Google and Amazon by unifying the continent's digital sector and taking a hard line on abuses by dominant firms.
Europe dreams of closing digital gap with the US  CNNMoney
Europe Announces Proposals To Abolish Geo-Blocking  Forbes
Productivity Fell in First Quarter as U.S. Labor Costs Climbed
Productivity in the U.S. fell in the first quarter, triggering the largest back-to-back decline in more than two decades and pushing up worker costs as the world's largest economy almost stalled.
Worker productivity sees first back-to-back drop since 2006  MarketWatch
US Productivity Falls 1.9% in First Quarter  Wall Street Journal
European Stocks Rebound on Economic Data, Strong Earnings; French Banks ...
LONDON (TheDeal) -- European markets rebounded from Tuesday's selloff thanks to better-than-expected data and some strong corporate earnings.
Eurozone growth boosted by Spain, Italy  MarketWatch
Survey finds eurozone business activity robust in April  The Missoulian
Wendy's Surges as Burger Chain Offloads Bakery Unit, Restaurants
Wendy's Co. shares surged after the burger chain said it would divest its bakery operations and pushed ahead with a plan to sell hundreds of restaurants to franchisees, aiming to refocus the company and cut costs.
Wendy's selling 640 restaurants  USA TODAY
UPDATE 2-Wendy's revamped restaurants drive comparable sales beat  Reuters
Oil Prices Rise on Supply Data
DEVELOPING STORY: *Oil Prices Jump as U.S. Stockpiles Drop More Than Expected. MORE TO FOLLOW. Earlier: Oil prices rose Wednesday as data suggested U.S.
MarketsOil rallies towards $70 a barrel on stockpile fall  Financial Times
Crude Oil prices increase more than dollar to 2015 highs  NH Voice
Mortgage Delinquency Rate Falls to 5.54% in First Quarter
The percentage of homeowners falling behind on their mortgages in the first quarter fell to its lowest level since mid-2007, while some states continue to struggle to work through a large inventory of loans in foreclosure.
Mortgage Activity Drops As Rates Jump  RTT News
Mortgage applications decline on weaker refinance activity  Scotsman Guide News
ECB Meeting Agenda Said to Include Greek Collateral Haircuts
European Central Bank officials will debate tighter rules for the liquidity that Greek lenders rely on for survival, two people familiar with the matter said, a move that underscores the fragility of the country's financial system.
Greece makes IMF payment but hopes of quick deal dashed  Reuters India
ECB Weighs Whether to Extend a Lifeline to Greece  New York Times