The Traderszone Network

Brent crude oil futures rose on Wednesday as traders speculated a last-minute deal over Iran’s nuclear program would be reached.

GoDaddy Inc’s shares rose as much as 34 percent in their debut, valuing the Web hosting company at up to $5.48 billion, including debt. The company, which sponsors race car driver Danica Patrick, raised $460 million.

General Motors is striving to create light but spacious cars with its new Cadillac CT6 and Chevy Malibu, GM’s Mark Reuss tells CNBC.

Atlanta Federal Reserve bank president Dennis Lockhart said on Wednesday that the United States remains on track for a likely interest rate hike in the June to September period, with a weak first quarter likely to give way to stronger growth. I still believe the factors are transitory,” Lockhart told reporters at a monetary policy conference here. Fed policymakers and many analysts cut their U.S. growth projections after a first-quarter slowdown that stemmed in part from the hit U.S. energy companies are taking from low oil prices, and the hit exporters are taking from a strong dollar.

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The Obama administration on Wednesday launched the first-ever sanctions program to financially punish individuals and groups outside the United States that are engaged in malicious cyber attacks. U.S. President Barack, in an executive order, declared such activities a “national emergency” and allowed the U.S. Treasury to freeze the assets and bar other financial transactions of entities engaged in cyber attacks.

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Walmart received a ton of positive attention for announcing it will pay hourly employees a minimum of $9 per hour starting this month and $10 per hour in 2016. But Frank Clemente of Americans for Tax Fairness says the retailer still “has a long way to go.”

What Starbucks couldn’t do for race relations, the most-hated retailer in America may be able to do for the fight against Arkansas’s religious-freedom bill.
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