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Starboard Nominates Twelve Director Candidates To Board Of Darden - Quick ...
Starboard Value LP, one of the largest shareholders of Darden Restaurants, Inc. (DRI: Quote), with an ownership interest of approximately 6.2% in the company, announced that it has delivered an open letter to shareholders of the company, and has ...
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Marathon Petroleum to Buy Hess Retail Arm for $2.6B -- Update
Wall Street Journal
Hess Corp. on Thursday said it agreed to sell its retail business to Marathon Petroleum Corp.'s Speedway LLC unit for total cash consideration of $2.6 billion. Hess had filed for potential spinoff of its retail unit earlier this year but also left the door open for a ...
UPDATE 1-Marathon Petroleum to buy Hess's retail business for $2.87 blnReuters
Marathon Petroleum Buys Hess Retail for $2.87 BillionBloomberg
Marathon buys Hess stations in $2.87 billion dealChron.com
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Can you afford a home in these 27 cities?
Jobs may not pay as much in the American heartland as they do in wealthy, coastal cities like New York or San Francisco, but there's one aspect of life in the Midwest that can't be beat: affordable home prices. In Cleveland, a worker only needs to earn an ...
Study: Home Shoppers Here Need More Money Than 3 Months AgoReston Now
Here's The Salary You Have To Earn To Buy A Home In These 12 Major US CitiesBusiness Insider
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Sears Holdings Corp's first-quarter loss widens as sales decline stretches into ... - Financial Post
Sears Holdings Corp's first-quarter loss widens as sales decline stretches into ...
Sears Holdings Corp., the retailer controlled by billionaire hedge-fund manager Edward Lampert, posted a wider first-quarter loss amid a sales decline that's stretched into its seventh year. The net loss in the three months through May 3 expanded to US$402 ...
Sears loss widens as discounts fail to arrest fall in salesMSN Money
Sears Canada for sale, but there may not be much to sell: analystsStarPhoenix
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US House committee approves bill to curb doorstep mail delivery
Post and Parcel
The Oversight Committee of the US House of Representatives approved a bill yesterday that would end doorstep delivery for about 15m households in the United States in the next decade. The move, which would echo the strategy already being implemented ...
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Steady growth signs lift European stocks and bonds
LONDON, date (Reuters) - European stocks and government bonds rose on Thursday buoyed by another month of private sector growth, firmer Chinese data and signs the U.S. Fed will maintain some monetary support for the world's largest economy.
European stocks, peripheral bonds rise before PMIReuters India
Asian Stocks Rebound On Fed Minutes, Upbeat China PMI DataNASDAQ
Asia shares hit 1-year high on China PMI relief, Fed supportEconomic Times
Channel News Asia
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Euro-Area Services Surge Aids Revival as Manufacturing Cools
A waiter carries a tray of refreshments to customers as he emerges from the Europa Center mall in Berlin. Close. A waiter carries a tray of refreshments to customers as he emerges from the Europa Center mall in Berlin. Close. Open. Photographer: Krisztian ...
Euro-Zone Business Activity Slows Slightly, Boosting Case for ECB ActionWall Street Journal
German manufacturing PMI falls to 6-month low of 52.9 in MayNASDAQ
Euro-zone business activity slows in MayMarketWatch
Businessweek -MNI News -RTE.ie
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Credit Suisse must offer an honourable resignation
Presumably, although he denies it, Brady Dougan considered resigning as chief executive of Credit Suisse this week when it became the first global financial institution since Crédit Lyonnais in 2003 to plead guilty to criminal felony in the US. In any case, he ...
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China's factories show signs of life
China's factories appear to be on the mend this month, according to an early gauge of activity in the country's all-important manufacturing sector. HSBC said its "flash" measure of sentiment among manufacturing purchasing managers was 49.7 in May.
China manufacturing rebounds to 5-month highWashington Post
HSBC China Manufacturing PMI RisesWall Street Journal
Asia shares get a double boost from China PMI, Wall Street gainsCNBC.com
Reuters -ABC Online
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Obama auto team on GM switch defect: We knew nothing
WASHINGTON — Members of President Barack Obama's auto team that led the restructuring of General Motors five years ago said today they knew nothing at the time about an ignition-switch defect that has led the company to recall 2.6 million vehicles this ...
UPDATE 1-Fiat Chrysler CEO says GM has made automakers more sensitive on ...Reuters
Treasury Didn't Know About GM Defect: Wilson, RattnerBloomberg
Fiat Chrysler CEO says GM has made automakers more sensitive on safetyFox Business
AOL Autos -Seeking Alpha
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Dollar gains vs. yen after Fed minutes, stocks rebound
NEW YORK (Reuters) - The dollar gained against the yen for the first time in six sessions on Wednesday as Federal Reserve minutes suggested the U.S. central bank will keep reducing its stimulus plan, while world stock markets bounced back from the ...
Asian Morning Briefing: US Stocks RallyWall Street Journal
Stocks advance amid Fed minutes as Tiffany shinesSan Diego Source (subscription)
US stocks recover; Tiffany shines on earnings gainBusinessweek
ABC News -Fox Business
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Belleville News Democrat
Committee OKs end to door-slot mail for millions
WASHINGTON (AP) — Millions of Americans would no longer get mail delivered to their door but would have to go to communal or curbside boxes instead under a proposal advancing through Congress. The Republican-controlled House Oversight and ...
Congress could move your mailboxCNBC.com
Proposal would stop mail delivery to the door for millionsLincoln Journal Star
Proposal would stop door-to-door mail for millionsSan Angelo Standard Times
KPVI News 6
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Putin Tilts to Asia With $400 Billion China Gas Deal
Alexey Miller, chief executive officer of OAO Gazprom, Russia's biggest company, signed the contract with Chinese officials in Shanghai. Close. Alexey Miller, chief executive officer of OAO Gazprom, Russia's biggest company, signed... Read More. Close.
Is the Russia-China Gas Deal for Real—or Just Fumes?Businessweek
$400 Billion Gas Deal Great For China, But Diplomatic Victory For RussiaForbes
UPDATE 5-As Putin looks east, China and Russia sign $400 billion gas dealReuters
Wall Street Journal -Christian Science Monitor -Washington Post
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Sky News Australia
UPDATE 2-US EIA cuts recoverable Monterey shale oil estimate by 96 pct
(Adds EIA confirmation of downgrade numbers; production outlook). NEW YORK May 21 (Reuters) - The U.S. Energy Information Administration (EIA) on Wednesday cut its estimate of recoverable oil in California's Monterey shale by 96 percent, casting doubt ...
US officials cut estimate of recoverable Monterey Shale oil by 96%Los Angeles Times
Little oil production expected out of Monterey Shale due to economics: US EIAPlatts
America's Biggest Potential Oilfield is Looking a Lot SmallerWall Street Journal (blog)
Businessweek -Businessinsider India
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Voice of America
China Sees Big Shift Into Online Finance
Voice of America
The International Business Times says a big financial shift is underway in China. It says people are increasingly depositing extra cash in online investment platforms that allow instant access to their funds with no minimum deposit while offering interest rates ...
China's JD.com Seeks Jeff Bezos Treatment With $1.7 Billion IPOBloomberg
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Report: Giant cigarette merger in the works
Tobacco company Reynolds American is in “advanced merger talks” to buy rival Lorillard in a complex three-way buyout, reports Reuters. The proposed acquisition, which Reuters says is in “late stages” of talks, would put together the No. 2 and No. 3 largest ...
Why Lorillard (LO) Stock Spiked TodayTheStreet.com
Reynolds American Looks to Acquire Lorillard (RAI, LO)Dividend.com
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Wall St. ends higher after Fed minutes; Dow's best day in a month
NEW YORK (Reuters) - U.S. stocks rose on Wednesday, rebounding from the previous day's broad selloff, after minutes of the Federal Reserve's last meeting showed central bankers have discussed the eventual tightening of monetary policy but made no ...
US Stocks RallyWall Street Journal
Stock Market Climbs, Recovering After Sell-OffNew York Times
Stocks Jump Amid Tame Fed MinutesFox Business
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Fed would raise rates slowly under price targeting says official
MINNEAPOLIS (REUTERS) - The rate at which the Federal Reserve would raise interest rates in the years ahead would be "even slower" than usual if the US central bank were to adopt a strategy of price-level targeting, Minneapolis Fed President Narayana ...
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Airlines Should Disclose Bag Fees Before Purchase, US Says (2)
Airlines in the U.S. would have to disclose bag fees and seat-assignment charges upfront when tickets are sold under a proposed change in federal transportation regulations designed to protect consumers. Added fees make up a growing portion of the price ...
Gov't: Airlines Should Disclose Bag, Seat FeesABC News
US Government Proposes Requiring Airlines to Disclose More FeesWall Street Journal
Rule would make airlines clearly disclose bag fees, other chargesLos Angeles Times
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Yellen To NYU Grads: 'You Won't Succeed All The Time'
Federal Reserve Chair Janet Yellen speaks to graduates during New York University's commencement ceremony. (AP Photo/Frank Franklin II). Clad in a grape juice purple graduation gown Federal Reserve Chair Janet Yellen took the field at Yankee ...
Yellen, at NYU, Hails Bernanke's Courage in CrisisABC News
Yellen to grads: Grit separates fit from gitMiamiHerald.com
At NYU, Yellen Praises Her Fed PredecessorNew York Times
Getty Images -The Wire
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