Money & Finance

CNNMoney Does Donald Trump's plan to drill more oil make sense? CNNMoney Donald Trump wants to help the slumping oil and gas industry by cutting regulation and encouraging a lot more drilling. He even promised to "save" the coal industry. Trump laid out his vision in a speech last week, saying "America's incredible energy ... and more » Google

CNNMoney Does Donald Trump's plan to drill more oil make sense? CNNMoney Donald Trump wants to help the slumping oil and gas industry by cutting regulation and encouraging a lot more drilling. He even promised to "save" the coal industry. Trump laid out his vision in a speech last week, saying "America's incredible energy ... Donald Trump Talks Energy Policy, Proposes To Cripple The U.S. Coal IndustrySeeking Alpha Trump: Obama's Unnecessary Oil, Gas, Coal Regulations Will GoE&P Trump's energy plan would distort free marketChicago Tribune In These Times -inewsnetwork -Deseret News -El Paso Inc. all 9 news articles » Google

Financial Express Ex-Barclays director accused by US of illegal tips to plumber Reuters NEW YORK A former director at Barclays Plc was arrested on Tuesday on U.S. charges that he provided inside information about impending mergers that he learned about at the bank to a plumber, who used the tips to illegally make $76,000. Barclays Director Accused of Trading Tips for New BathroomBloomberg Barclays Banker Charged With Passing Inside Information to PlumberWall Street Journal Barclays Director Accused of Giving Insider Tips to a Plumber to Remodel His BathroomFortune Washington Post -New York Post -ABC News -DealBreaker all 14 news articles » Google

ESPN After $16 million payment, Mets owners will defer another $45 million owed from Madoff's Ponzi scheme ESPN NEW YORK -- The family that owns the New York Mets plans to make an initial payment of $16 million by Wednesday to return profits from Bernie Madoff's Ponzi scheme. But a recent revision of the original court settlement defers another $45 million owed, ... Mets' Owners to Begin Paying Settlement Owed in Madoff Fraud CaseNew York Times Mets owners owe at most $61M to Madoff victims' trusteeUSA TODAY Mets to pay back $16 million in Bernie Madoff ponzi schemeNJ.com Reuters -Newsday all 7 news articles » Google

Consumers Are Spending but Unconfident About Economy Newsmax ... KEY DATA: Spending: +1%; Disposable Income: +0.5%; Prices: +0.3%; Excluding Food and Energy: +0.2%/ Confidence: -2.1 points/ Home Prices: +0.1%; Year-over-Year: +5.2%; IN A NUTSHELL: “Consumers have the income to spend and they are doing ... and more » Google

CBS News Gawker chief Nick Denton fires back in feud with Peter Thiel CBS News Nick Denton isn't backing down in Gawker Media's bitter fight with billionaire Peter Thiel. In an interview on "CBS This Morning," Denton, co-founder and CEO of the embattled digital media company, dismissed the technology entrepreneur's ... Airbnb rivals run tough ad accusing it of racismFast Company Wolff: Choosing sides in Thiel v. GawkerUSA TODAY Hulk Hogan, Gawker, rich folks and the risk of feeling you can do no wrongChicago Tribune Fortune -Inc.com -Newsmax -Seeking Alpha all 80 news articles » Google

TechCrunch Instagram officially announces its new business tools TechCrunch Instagram this morning officially announced the launch of its tools for business users, including new business profiles, analytics, and the ability to turn Instagram posts into ads directly from the Instagram app itself. The launch comes following a ... Instagram Is Now Giving Small Businesses a Dashboard Full of Data About Their PostsAdweek Instagram will finally give businesses an official presence on its platformMashable Instagram Adds Profiles, Analytics, and More for BusinessesFortune USA TODAY -Recode -AdExchanger -Business Insider Australia all 9 news articles » Google

Computerworld Microsoft's investing arm is back on the market, but will entrepreneurs bite? Computerworld After laying dormant for quite some time, Microsoft has announced that it is getting back into directly investing in startups. Microsoft Ventures has been overhauled, though it's not clear why Microsoft has decided to get back into investing -- or if ... Microsoft confirms Microsoft Ventures VC arm, renames old one 'Microsoft Accelerator'TechCrunch Microsoft starts venture fund targeting cloud, AIUSA TODAY all 21 news articles » Google

WYFF Greenville Venezuela is running out of everything: Bread, sugar, toilet paper... WYFF Greenville NEW YORK (CNNMoney) —Venezuela is running out of just about everything. Food, medicine, electricity, toilet paper, condoms -- you name it. More News. Hitler's coding machine sold on eBay... Major social media to remove hate speech · Netflix rebounds ... and more » Google

TheStreet.com Ex-Valeant CEO Gets Consulting Gig With Drugmaker TheStreet.com Valeant Pharmaceuticals (VRX) on Monday disclosed the details of its separation agreement with former CEO Michael Pearson. Pearson, whose last day at Valeant was May 2, will provide consulting services to the Laval, Québec-based drugmaker through ... The departing Valeant CEO's separation agreement might make you choke up a little bitBusiness Insider Valeant hands ex-CEO Pearson a severance package worth almost $12MFiercePharma C. Michael Pearson, Former Valeant Chief, to Receive $9 Million SeveranceNew York Times Reuters -Fortune -StreetInsider.com -STAT all 37 news articles » Google

TheStreet.com Micron (MU) Stock Up As RW Baird Boosts Rating to 'Outperform' TheStreet.com NEW YORK (TheStreet) -- Micron Technology (MU) stock is advancing by 0.61% to $12.39 in early-morning trading on Tuesday, after RW Baird upgraded shares of the semiconductor company to "outperform" from "neutral" earlier today. The firm increased its ... Micron Rising: Baird Ups to Buy on View Samsung Will Cool DRAM PushBarron's (blog) Micron Technology, Inc. (MU): Can This Rally Last?Investorplace.com Micron Technology, Inc (MU) Jumps as Baird Upgrades to OutperformBidness ETC CNBC -Let Me Know About This -Share Trading News all 18 news articles » Google

MarketWatch Consumer confidence lowest since late 2015 MarketWatch WASHINGTON (MarketWatch) — Consumers confidence fell May to the lowest level since late 2015 as Americans turned slightly more pessimistic about overall business conditions and the jobs market a survey shows. The consumer confidence index ... The Conference Board Consumer Confidence Index Declined Again in MayPR Newswire (press release) US Consumer Confidence Slips in MayNew York Times Consumer Confidence in U.S. Unexpectedly Declined in MayBloomberg Bond Buyer -Investing.com -Economic Calendar -Stock Market Wire all 14 news articles » Google

CNBC Carl Icahn says he recently acquired a 'large position' in Allergan CNBC Shares of Allergan rose as much as 3 percent in early trading Tuesday after Carl Icahn revealed a "large position" in the pharmaceutical company. Famed activist investor Icahn expressed support for Allergan CEO Brent Saunders in a statement posted on ... Allergan (AGN) Stock Up as Icahn Reveals StakeTheStreet.com Carl Icahn acquires 'large position' in AllerganReuters Carl Icahn has a big new positionBusiness Insider USA TODAY -ValueWalk -Los Angeles Times -RTT News all 10 news articles » Google

MarketWatch US stocks open slightly higher after strong economic data MarketWatch U.S. stocks opened slightly higher Tuesday, following the release of stronger-than-expected economic data on U.S. consumer spending and home prices. The upbeat reports came after Federal Reserve Chief Janet Yellen said Friday that an interest-rate rise ... Wall Street set to open higher on robust consumer spending dataReuters Treasuries Lose Their Lead Over Shares as Fed Moves Toward ShiftBloomberg Dow struggles for gains; energy, financials leadCNBC TheStreet.com -StreetInsider.com -NerdWallet (blog) -Money Morning all 24 news articles » Google

Regulated power company Great Plains to buy Westar for 5.87 billion pounds Yahoo News (Reuters) - Great Plains Energy Inc (GXP.N), the parent of regulated power utility Kansas City Power & Light, will buy rival Westar Energy Inc (WR.N) for $8.6 billion (5.87 billion pounds) in cash and stock as it looks to gain scale to better compete ... and more » Google

Montreal Gazette UPDATE 1-Vista Equity Partners to buy Marketo for $1.79 bln Reuters (Adds details, shares, background). May 31 Marketo Inc, a maker of cloud-based marketing software, said on Tuesday it agreed to be bought by private equity firm Vista Equity Partners, in a cash deal valued at about $1.79 billion. Vista Equity will pay ... Marketo Sells To Private Equity Firm For $1.79 BilMediaPost Communications Marketo Enters into Definitive Agreement to be Acquired by Vista Equity Partners for $1.79 BillionVirtual-Strategy Magazine all 7 news articles » Google

Wall Street Journal US Home Price Growth Remained Robust in March, Case-Shiller Says Wall Street Journal Home prices rose strongly in March, the latest sign the housing market has momentum heading into the critical spring selling season. The S&P/Case-Shiller Home Price Index, covering the entire nation rose 5.2% in the 12 months ended in March, slightly ... S&P/Case-Shiller: US home prices rise 5.4% in MarchCNBC US home prices rise in March as spring buying season beginsU.S. News & World Report City by city look at US house prices shows every metro gaining groundMarketWatch Bloomberg -Business Insider -Daily Mail -London South East (registration) (blog) all 12 news articles » Google

Financial Post Cliffs Natural Inks Long-term Iron Ore Supply Deal With ArcelorMittal USA Nasdaq (RTTNews.com) - Cliffs Natural Resources Inc. ( CLF ) said it has entered into a new long-term commercial agreement with ArcelorMittal USA LLC ( MT ) to supply tailor-made iron ore pellets for the next ten years through 2026. The company noted that the ... Morning Movers: Cliffs Natural Resources Flies on Supply Deal; SodaStream SurgesBarron's (blog) Cliffs Natural Resources +30% as J.P. Morgan upgradesSeeking Alpha Cliffs and ArcelorMittal Enter into Long Term Pellet AgreementWDIO-TV Hibbing Daily Tribune -Financial Post -The Cerbat Gem -Finance Daily all 26 news articles » Google

Seeking Alpha Tesla: Cash Bonfire Projections Seeking Alpha This article shows what we can expect in terms of cash burn over the remainder of 2016, based on Tesla's guidance. Click to enlarge. When it comes to Tesla (NASDAQ:TSLA), the main bearish thesis has long stopped being just valuation. Instead, a much ... Tesla (TSLA) Motors Shareholder Meeting 2016: Business As Usual ExpectedInternational Business Times Tesla to host gigafactory's grand opening in JulyThe Week UK Tesla Stock Price Update Today (TSLA) - May 31, 2016Money Morning Profit Confidential -Street Updates -Share Trading News -WsNews 4investors all 26 news articles » Google

Bloomberg Consumer Spending in U.S. Climbs by Most in Almost Seven Years Bloomberg Consumer spending climbed in April by the most in almost seven years, a sign U.S. households are ready to help jump start growth after a first-quarter slowdown. Purchases climbed 1 percent, the biggest gain since August 2009, after being little changed ... US Consumer Spending Climbed at Fastest Pace in Nearly Seven YearsWall Street Journal US consumer spending posts biggest gain in more than six yearsReuters Consumer spending jumps 1% in AprilMarketWatch The Guardian -Financial Times -WTOP -KTAR.com all 10 news articles » Google

CNNMoney India: Where 7.9% growth still isn't good enough CNNMoney India has done it again. The country's economy outpaced all other major markets during the most recent quarter, further cementing its reputation as a bright spot in an otherwise gloomy world economy. India's gross domestic product expanded by 7.9% in ... 'Low Growth Crisis' Called Off in Denmark After GDP ReboundsBloomberg India''s Economy Picks up Speed in 1QNasdaq EconomyIndian GDP grows 7.9% at start of the yearFinancial Times NDTV -bnn.ca -BBC News -Financial Express all 57 news articles » Google

WTNH Connecticut News Gas prices creeping up in northern New England Washington Times CONCORD, N.H. (AP) - With the unofficial start of summer, gas prices are creeping up in northern New England. GasBuddy surveys show the average retail price in New Hampshire is $2.28 per gallon, up nearly 3 cents in the last week. The average price per ... Weekly Gas Watch: Prices Jump from Weekend GetawaysNaples Herald Roseville Fuel Duel Keeps Prices in CheckRocklin and Roseville Today WNC GAS PRICES UP ABOUT THREE CENTS LAST WEEKWHKP all 6 news articles » Google

Wall Street Journal Medtronic Revenue Continues to Grow on Acquisition Wall Street Journal Medtronic PLC gave a rosy revenue outlook for the year and reported better-than-expected growth in its fourth quarter, helped by its acquisition of Covidien PLC. For 2017, the company expects revenue to grow 5% to 6%, above analysts' expectations for 3 ... Medtronic (MDT) Tops on Q4 Earnings, Revenue EstimatesZacks.com Medtronic profit beats on heart and vascular device salesReuters Medtronic beats estimates, forecasts strong 2017Minneapolis Star Tribune 24/7 Wall St. -RTT News -Daily Mail -Sonoran Weekly Review all 20 news articles » Google

WJXT Jacksonville Gas prices remain higher around Ohio after holiday weekend Washington Times COLUMBUS, Ohio (AP) - Gas prices remain higher around Ohio after the Memorial Day weekend and the increased travel that accompanies it. A gallon of regular gas was averaging $2.46 in Tuesday's survey from auto club AAA, the Oil Price Information ... Summer gas prices could be lowest in 11 yearsWJXT Jacksonville Gas prices drop on Memorial DayNJ.com Memorial Day gas prices lowest since 2009LAWestMedia.com (registration) (blog) all 6 news articles » Google

WZZM13.com June risks could cause 'summer of shocks' WZZM13.com Wall Street is eyeing markets in June with suspicion and trepidation as traders monitor a number of potential shocks that could derail stocks this summer. Investors are on high alert even though the Dow Jones industrial average is coming off its best ... and more » Google