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U.S. markets news

Charter near $55B deal for Time Warner Cable
Charter Communications (CHTR) is nearing agreement to acquire Time Warner Cable (TWC) for $195 a share in a cash and stock deal valued at $55.1 billion, a person familiar with the talks said Monday.
UPDATE 2-Charter nears $55 bln deal for Time Warner Cable -sources  Reuters
Charter Communications Nearing Deal for Time Warner Cable -- 3rd Update  Nasdaq
CNET  
No Reason For OPEC To "Relent" in Oil Market Tussle
As the next OPEC summit draws closer, another round of commentary centered on the cartel not “relenting” in the ongoing oil market tussle has flooded media outlets again.
UPDATE 6-Oil prices gain as firm demand outweighs dollar strength  Reuters
Brent Crude Oil Advances Amid Violence in Iraq, Saudi Arabia  Bloomberg
Yellen's Words Fuels The Greenback's Rise
The U.S. dollar hit a two-month high against the yen and is holding firm against other Group of 10 currencies on Monday after Federal Reserve Chair Janet Yellen suggested late last week the central bank will raise interest rates in 2015.
South Africa's rand weakens on US rate hike hopes  Reuters Africa
Canadian Dollar Declines As Oil Prices Fall  RTT News
Report: Russia wants to use prison labor to prep for 2018 World Cup
With the 2022 World Cup mired in controversy, Russia is maing sure the 2018 World Cup isn't too far behind, and the nation is hoping that some of the tournament's worst work will be completed, at least in part, with prison labor, according to a story from the ...
Russia plans to use prison labor for 2018 World Cup  La Crosse Tribune
FIFA adds prison labor to its arsenal  The Rock River Times
BP Now Getting Credit For Gulf Tourism Boon
ORANGE BEACH, Ala. (May 25, 2015) Tourism hasn't only recovered on the Gulf Coast five years after the BP oil spill, but industry officials say it's surging, and they credit fallout from the environmental disaster as being part of the reason why.
Once vilified, BP now getting credit for gulf tourism boom  WAVE 3
Amazon to pay higher sales taxes in Europe
Under pressure from the European Union, Amazon has agreed to begin paying taxes in four European countries where it has large operations.
Amazon changes Europe tax practices amid ongoing probe  CNET
Amazon to start paying more EU taxes after pressure from regulators  Fortune
Solar plane set for most challenging leg of epic 6-day journey
BEIJING: In a rare test of man and machine, The Solar Impulse 2, the world's only solar-powered aircraft is about to undertake its greatest challenge yet - to fly non-stop for six-days from China to Central Pacific.
Solar plane ready for difficult six-day journey  BBC News
Detroit fund gets $1 million to help people pay water bills
DETROIT (AP) - A New York investment banking company has donated $1 million to a fund designed to help low-income Detroit residents pay their water bills and avoid shutoffs.
New water assistance fund available for Detroiters  Michigan Radio
California Looks Down Under for Drought Advice
SYDNEY - California's longest and sharpest drought on record has its increasingly desperate water stewards looking for solutions in Australia, the world's driest inhabited continent.
Desperate for solutions, California looks Down Under for advice on surviving ...  Greenfield Daily Reporter
California looks to Australia for tips on surviving drought  WRCB-TV
Vatican bank profit makes miraculous comeback, rising twentyfold
The Vatican bank said Monday its profit soared by more than 20 times last year as it recovered from trading losses the year prior and continued its reform away from its scandal-marred past.
Profits jump at Vatican Bank amid reforms, reduced expenses  ANSAmed
Vatican bank profits up as recovery, reform continue  China Post