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U.S. markets news

Comcast To Speed Up X1 Rollout, No Rush For National OTT Play
Comcast says that it's in no rush to launch a national Internet video service now that regulators have thwarted its merger with Time Warner Cable, which would have created a coast-to-coast cable TV giant.
Comcast's Broad Appeal for Investors  Wall Street Journal
Comcast is officially an Internet company, and its timing is awful  Washington Post (blog)
Fortune  
UPDATE 2-Pimco Total Return Fund loses world's biggest bond fund title
(Adds Pimco Total Return Fund's peak in assets, Bernanke appointment). By Jennifer Ablan. May 4 (Reuters) - The Pimco Total Return Fund, launched by Bill Gross, has lost its title as the world's biggest bond mutual fund, following two years of withdrawals.
5 Things You Didn't Know About the World's Biggest Bond Fund  TIME
Pimco Total Return Is No Longer The World's Biggest Bond Fund  Forbes
Wall Street ends on upbeat earnings from Berkshire, Cognizant
(Reuters) - Wall Street ended higher on Monday as corporate earnings came in better than feared, although shares of McDonald's declined after the fast-food chain's turnaround plan left investors wanting more.
Market Wrap: Stocks Rise on Upbeat Earnings from Berkshire  DailyFinance
US Stocks Close Higher  Wall Street Journal
Factory Report Shows Increase in Orders and Investment
WASHINGTON - Orders to United States factories rose in March for the first time since July, breaking a long stretch of weakness. Orders increased 2.1 percent after seven monthly declines, the Commerce Department reported Monday.
Factory orders marked promising gains in March  Business Record
Factory growth rebounds as new orders rise for first time since July  Los Angeles Times
Supreme Court to Review FERC Energy-Saving Rule
WASHINGTON�The Supreme Court said on Monday it would consider whether a federal regulator overstepped its authority with a rule to promote energy conservation using incentives for big energy consumers to cut power use.
US Supreme Court takes case on key FERC demand response rule  Platts
Supreme Court To Consider Case On Federal 'Demand Response' Rule For ...  International Business Times
Fed's Evans Wants More Wage Growth Evidence to Raise Rates
Federal Reserve Bank of Chicago President Charles Evans said the Fed should wait for more evidence that wages are rising before raising interest rates, and he repeated his call to hold borrowing costs near zero until 2016.
Some were left behind in US economic recovery: Fed's Williams  Reuters
Fed's Williams 'Very Optimistic' on Economy's Outlook  Wall Street Journal (blog)
Airlines bring in more money from bag, reservations fees
U.S. airlines are earning billions, and they're collecting more in fees on checked bags and reservation changes. Whether airlines are making more or less money than before depends on which figures you use.
Airlines report big gains from fees but don't expect lower fares  Los Angeles Times
American, Southwest Airlines lead nation in airline profitability  Dallas Business Journal
Here's Why Elon Musk Might Have Just Really Pissed Off Your Utility Company
Tesla CEO Elon Musk appears to have made a significant advance toward a goal that even he admitted "sounds crazy" - "to change the entire energy infrastructure of the world to zero carbon.
Will Tesla flip the electricity industry on its head?  CBC.ca
Tesla Powerwall in-home battery pack coming to Canada  The Globe and Mail
Here's the Market Reaction to Those Sohn Investment Ideas
Mayweather vs. Pacquiao may have grabbed the limelight as the "fight of the century," but the heavy hitters of finance are duking it out today at the annual Sohn Investment Conference in New York.
UPDATE 1-Greenlight's Einhorn slams oil frackers at Sohn conference  Reuters
Einhorn made 'valid points' on fracking: Analyst  CNBC
Cisco Chooses New Salesman CEO in Chambers Mold as Rivals Circle
Cisco Systems Inc. Chief Executive Officer John Chambers and Chuck Robbins, his just-named successor, both have Southern drawls and a reputation as hard-driving, world-class salespeople.
Cisco Taps Robbins to Replace Chambers  Wall Street Journal
New Cisco CEO Earns Kudos From Analysts, Hints at Cost-cutting Improvements  TheStreet.com