Business News Headlines - Yahoo! News

http://news.yahoo.com/business/ Get the latest Business news headlines from Yahoo! News. Find breaking business news, including analysis and opinion on top business stories.en-USCopyright (c) 2012 Yahoo! Inc. All rights reserved2012-04-06T10:10:55-04:005http://news.yahoo.com/business/ http://l.yimg.com/a/i/us/nws/th/main_142c.gif<p><a href="http://news.yahoo.com/wall-st-week-ahead-earnings-spark-further-stock-010353274.html"><img src="http://l.yimg.com/bt/api/res/1.2/fUI1.mIZidnGPo_qH3OVLw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T010353Z_1_CBRE83502YL00_RTROPTP_2_MARKETS-STOCKS-CLOSE.JPG" width="130" height="86" alt="The Wall Street sign is seen outside the New York Stock Exchange" align="left" title="The Wall Street sign is seen outside the New York Stock Exchange" border="0" /></a>NEW YORK (Reuters) - Since October, estimates for first-quarter earnings growth have tumbled while the S&P 500 has surged. With the earnings season starting next week, the outlook is not as sunny as in previous quarters. Investors will assess whether slower growth is priced into the U.S. stock market, or if the S&P 500's retreat from Monday's four-year high is the start of a larger decline - if results disappoint. After the S&P 500's rise of about 30 percent since October, there is concern that buying interest is not strong enough to drive further gains, particularly after soft March U.S. ...</p><br clear="all"/>http://news.yahoo.com/wall-st-week-ahead-earnings-spark-further-stock-010353274.html2012-04-06T14:10:55ZReuterswall-st-week-ahead-earnings-spark-further-stock-010353274<p><a href="http://news.yahoo.com/wall-st-week-ahead-earnings-spark-further-stock-010353274.html"><img src="http://l.yimg.com/bt/api/res/1.2/fUI1.mIZidnGPo_qH3OVLw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T010353Z_1_CBRE83502YL00_RTROPTP_2_MARKETS-STOCKS-CLOSE.JPG" width="130" height="86" alt="The Wall Street sign is seen outside the New York Stock Exchange" align="left" title="The Wall Street sign is seen outside the New York Stock Exchange" border="0" /></a>NEW YORK (Reuters) - Since October, estimates for first-quarter earnings growth have tumbled while the S&P 500 has surged. With the earnings season starting next week, the outlook is not as sunny as in previous quarters. Investors will assess whether slower growth is priced into the U.S. stock market, or if the S&P 500's retreat from Monday's four-year high is the start of a larger decline - if results disappoint. After the S&P 500's rise of about 30 percent since October, there is concern that buying interest is not strong enough to drive further gains, particularly after soft March U.S. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/analysis-short-tools-central-banks-left-words-190643456.html"><img src="http://l.yimg.com/bt/api/res/1.2/wGxgmGHvh6_GUzUH2rkvkw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-08T190643Z_1_CBRE8371H3W00_RTROPTP_2_CBUSINESS-US-ECONOMY-CENTRALBANKS.JPG" width="130" height="86" alt="The Federal Reserve Building in Washington" align="left" title="The Federal Reserve Building in Washington" border="0" /></a>WASHINGTON (Reuters) - Some of the world's most prominent central bankers may have to hope the pen is as mighty as the sword. With the Federal Reserve, the European Central Bank and other authorities in industrialized countries already stretching the limits of monetary policy, pressure has risen for them not go any further, and even to begin pulling back. Top officials have had to rely increasingly on speeches - not always successfully - to convey to financial markets how they intend to manage their economies. ...</p><br clear="all"/>http://news.yahoo.com/analysis-short-tools-central-banks-left-words-190643456.html2012-04-08T19:06:43ZReutersanalysis-short-tools-central-banks-left-words-190643456<p><a href="http://news.yahoo.com/analysis-short-tools-central-banks-left-words-190643456.html"><img src="http://l.yimg.com/bt/api/res/1.2/wGxgmGHvh6_GUzUH2rkvkw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-08T190643Z_1_CBRE8371H3W00_RTROPTP_2_CBUSINESS-US-ECONOMY-CENTRALBANKS.JPG" width="130" height="86" alt="The Federal Reserve Building in Washington" align="left" title="The Federal Reserve Building in Washington" border="0" /></a>WASHINGTON (Reuters) - Some of the world's most prominent central bankers may have to hope the pen is as mighty as the sword. With the Federal Reserve, the European Central Bank and other authorities in industrialized countries already stretching the limits of monetary policy, pressure has risen for them not go any further, and even to begin pulling back. Top officials have had to rely increasingly on speeches - not always successfully - to convey to financial markets how they intend to manage their economies. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/looking-bright-side-inflation-190310882.html"><img src="http://l.yimg.com/bt/api/res/1.2/GfozCRvzxXeXTIEj2uTowg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-08T190310Z_1_CBRE8371GXP00_RTROPTP_2_CBUSINESS-US-ECONOMY-GLOBAL-WEEKAHEAD.JPG" width="130" height="86" alt="To match SPECIAL REPORT DOLLAR/" align="left" title="To match SPECIAL REPORT DOLLAR/" border="0" /></a>WASHINGTON (Reuters) - Sometimes a little bit of inflation is not such a bad thing. In the United States, prices starting to creep upward shows the deep wounds from the credit crisis are slowly healing and the U.S. economy is well on the road to recovery. The evidence is scattered but it also shows up in some national reports. Consumer inflation, after stripping out volatile food and energy prices, has edged upward over the past year and now is running just above the Federal Reserve's 2 percent target. Workers' pay is nudging higher as the labor market gradually improves. ...</p><br clear="all"/>http://news.yahoo.com/looking-bright-side-inflation-190310882.html2012-04-08T19:03:10ZReuterslooking-bright-side-inflation-190310882<p><a href="http://news.yahoo.com/looking-bright-side-inflation-190310882.html"><img src="http://l.yimg.com/bt/api/res/1.2/GfozCRvzxXeXTIEj2uTowg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-08T190310Z_1_CBRE8371GXP00_RTROPTP_2_CBUSINESS-US-ECONOMY-GLOBAL-WEEKAHEAD.JPG" width="130" height="86" alt="To match SPECIAL REPORT DOLLAR/" align="left" title="To match SPECIAL REPORT DOLLAR/" border="0" /></a>WASHINGTON (Reuters) - Sometimes a little bit of inflation is not such a bad thing. In the United States, prices starting to creep upward shows the deep wounds from the credit crisis are slowly healing and the U.S. economy is well on the road to recovery. The evidence is scattered but it also shows up in some national reports. Consumer inflation, after stripping out volatile food and energy prices, has edged upward over the past year and now is running just above the Federal Reserve's 2 percent target. Workers' pay is nudging higher as the labor market gradually improves. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/thousands-t-workers-stay-job-talks-continue-053158320.html"><img src="http://l.yimg.com/bt/api/res/1.2/XsVK9RMrP0PVKT5B25UbiQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-08T080256Z_3_CBRE8370FEF00_RTROPTP_2_AT-T-LABOR.JPG" width="130" height="86" alt="AT&T employees walk with signs as they protest against contract negotiations in front of the company's business center in Tustin" align="left" title="AT&T employees walk with signs as they protest against contract negotiations in front of the company's business center in Tustin" border="0" /></a>NEW YORK (Reuters) - More than 40,000 employees at AT&T Inc will keep working under the terms of an expired labor contract while their union continues negotiations with the telephone company, averting a potentially costly strike for now. The workers in AT&T's traditional wireline telephone business and some other units voted recently to give their union, the Communications Workers of America, authority to call a strike ahead of the expiration of four separate labor contracts at midnight local time April 7. ...</p><br clear="all"/>http://news.yahoo.com/thousands-t-workers-stay-job-talks-continue-053158320.html2012-04-08T08:02:56ZReutersthousands-t-workers-stay-job-talks-continue-053158320<p><a href="http://news.yahoo.com/thousands-t-workers-stay-job-talks-continue-053158320.html"><img src="http://l.yimg.com/bt/api/res/1.2/XsVK9RMrP0PVKT5B25UbiQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-08T080256Z_3_CBRE8370FEF00_RTROPTP_2_AT-T-LABOR.JPG" width="130" height="86" alt="AT&T employees walk with signs as they protest against contract negotiations in front of the company's business center in Tustin" align="left" title="AT&T employees walk with signs as they protest against contract negotiations in front of the company's business center in Tustin" border="0" /></a>NEW YORK (Reuters) - More than 40,000 employees at AT&T Inc will keep working under the terms of an expired labor contract while their union continues negotiations with the telephone company, averting a potentially costly strike for now. The workers in AT&T's traditional wireline telephone business and some other units voted recently to give their union, the Communications Workers of America, authority to call a strike ahead of the expiration of four separate labor contracts at midnight local time April 7. ...</p><br clear="all"/>SAO PAULO (Reuters) - Brazil has no plans to offer further incentives for automakers, but the government does not rule out taking steps to boost the competitiveness of other industries, Trade and Industry Minister Fernando Pimentel said in an interview published on Sunday. Pimentel told O Estado de Sao Paulo newspaper that the Brazilian government wants to encourage automakers to invest more heavily in innovation to meet surging demand in the world's fourth biggest auto market. "The industry already has many incentives. I don't see the need to touch that," he said. ...http://news.yahoo.com/brazil-not-planning-incentives-automakers-215716396.html2012-04-08T21:57:16ZReutersbrazil-not-planning-incentives-automakers-215716396NEW YORK/WASHINGTON (Reuters) - Gary Feeman has been searching for a job for 16 months. He's not ready to give up just yet, but the 60-year-old worries he is running out of options. Feeman is among the more than 5 million Americans who have been out of work for more than six months and who represent the heart of the crisis in the labor market. Their plight also poses a warning that U.S. unemployment may not drop back to its pre-recession levels and could be stuck higher than many policymakers expect. Feeman, from Lancaster County, Pennsylvania, has sent out as many as 100 resumes. ...http://news.yahoo.com/analysis-low-u-jobless-rate-really-fall-151302890.html2012-04-08T15:13:02ZReutersanalysis-low-u-jobless-rate-really-fall-151302890(Reuters) - Bank executives face great expectations from investors when they report first-quarter results beginning Friday. Bank stocks have shot up 24 percent this year, as measured by the KBW Banks index, in their steepest ascent in any quarter since the end of September 2009. Now investors want to know if they should stick with their bets that the economy will strengthen and lift bank lending margins and profits, or take their gains and get out. "Investors are out on a limb," said Jack Ablin, chief investment officer at Harris Private Bank. ...http://news.yahoo.com/analysis-q1-bank-results-face-great-expectations-111518872.html2012-04-08T11:43:48ZReutersanalysis-q1-bank-results-face-great-expectations-111518872(Reuters) - Since 2009, the city of Chesapeake, tucked up against the Great Dismal Swamp in southern Virginia, has cut its workforce twice. This summer, nearly three years after the recession ended, the city of 222,209 has plans for a third round of layoffs. "We're not seeing the recovery we want to see," said Budget Director Steven Jenkins, who is hoping many of the 20 people will move into other jobs. The city's revenues are still feeling the concussions from the housing market downturn, which started in 2006, even as overall growth in the United States has improved. ...http://news.yahoo.com/despite-recovery-u-public-employees-face-more-layoffs-111253574.html2012-04-08T11:12:53ZReutersdespite-recovery-u-public-employees-face-more-layoffs-111253574(Reuters) - Private equity firm Oaktree Capital Management kicks off an estimated $2.2 billion of U.S. initial public offerings next week, the busiest flurry of offerings this year. Eight companies are scheduled to price shares, stirring bankers' hopes that the second quarter will revive a moribund market for public offerings. Proceeds from U.S.-listed IPOs fell 58.4 percent to $6.5 billion in the first quarter from a year ago, according to Thomson Reuters data. "We feel constructive about the U.S. ...http://news.yahoo.com/oaktree-ipo-seven-others-launch-busy-week-110132724.html2012-04-08T11:01:32ZReutersoaktree-ipo-seven-others-launch-busy-week-110132724BEIJING (Reuters) - China on Sunday set up a rare earth industry association, state media reported, in a move to speed up consolidation of its sprawling industry that has drawn fire for what overseas trade partners call unfair export quotas. The association, with 155 members across the country, will report to the Ministry of Industry and Information Technology, which regulates rare earth production, the official Xinhua news agency said. Baotou Steel Rare Earth in Inner Mongolia, Rising Nonferrous in Guangdong and China Minmetals are among 13 heavyweight members, Xinhua said. ...http://news.yahoo.com/china-sets-rare-earth-body-shake-industry-124144692.html2012-04-08T12:41:44ZReuterschina-sets-rare-earth-body-shake-industry-124144692<p><a href="http://news.yahoo.com/deutsche-says-azzam-steps-down-mena-chairman-095000560.html"><img src="http://l.yimg.com/bt/api/res/1.2/0AlqPAbJlJMOd1TxznTtGQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-08T095000Z_1_CBRE8370RBK00_RTROPTP_2_CBUSINESS-US-DEUTSCHE-MENA-AZZAM.JPG" width="130" height="86" alt="Deutsche Bank CEO Henry Azzam speaks during the Reuters Middle East Investment Summit in Dubai" align="left" title="Deutsche Bank CEO Henry Azzam speaks during the Reuters Middle East Investment Summit in Dubai" border="0" /></a>DUBAI (Reuters) - Deutsche Bank said on Sunday that its Middle East, North Africa (MENA) Chairman Henry Azzam, a veteran in the region, has stepped down from his position at the German lender. "We confirm that Henry Azzam has stepped down as MENA non- executive chairman of the bank. He remains as an advisor to Deutsche Bank," a spokesman said. Azzam was named non-executive chairman of the bank in 2010. Prior to that he was chief executive of the bank's Middle East business. Azzam was not immediately available for comment. (Reporting by Mirna Sleiman, Editing by Sitaraman Shankar)</p><br clear="all"/>http://news.yahoo.com/deutsche-says-azzam-steps-down-mena-chairman-095000560.html2012-04-08T09:50:00ZReutersdeutsche-says-azzam-steps-down-mena-chairman-095000560<p><a href="http://news.yahoo.com/deutsche-says-azzam-steps-down-mena-chairman-095000560.html"><img src="http://l.yimg.com/bt/api/res/1.2/0AlqPAbJlJMOd1TxznTtGQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-08T095000Z_1_CBRE8370RBK00_RTROPTP_2_CBUSINESS-US-DEUTSCHE-MENA-AZZAM.JPG" width="130" height="86" alt="Deutsche Bank CEO Henry Azzam speaks during the Reuters Middle East Investment Summit in Dubai" align="left" title="Deutsche Bank CEO Henry Azzam speaks during the Reuters Middle East Investment Summit in Dubai" border="0" /></a>DUBAI (Reuters) - Deutsche Bank said on Sunday that its Middle East, North Africa (MENA) Chairman Henry Azzam, a veteran in the region, has stepped down from his position at the German lender. "We confirm that Henry Azzam has stepped down as MENA non- executive chairman of the bank. He remains as an advisor to Deutsche Bank," a spokesman said. Azzam was named non-executive chairman of the bank in 2010. Prior to that he was chief executive of the bank's Middle East business. Azzam was not immediately available for comment. (Reporting by Mirna Sleiman, Editing by Sitaraman Shankar)</p><br clear="all"/><p><a href="http://news.yahoo.com/jobs-recovery-suffers-setback-march-080503797.html"><img src="http://l.yimg.com/bt/api/res/1.2/.KCSnNHfOZoEAJFHAt4QJw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T182312Z_2_CBRE8350ZIS00_RTROPTP_2_CNEWS-US-USA-ECONOMY.JPG" width="130" height="86" alt="Employment seeking American University students line up waiting to talk to job recruiters during a career job fair at American University in Washington" align="left" title="Employment seeking American University students line up waiting to talk to job recruiters during a career job fair at American University in Washington" border="0" /></a>Employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy. The report was seized upon by Republicans hoping to make the weak economy the centerpiece of their campaign for November's presidential and congressional elections. Even as the unemployment rate fell to a three-year low of 8.2 percent, job growth slowed to 120,000 last month, the Labor Department said on Friday, the smallest increase since October. ...</p><br clear="all"/>http://news.yahoo.com/jobs-recovery-suffers-setback-march-080503797.html2012-04-07T08:05:03ZReutersjobs-recovery-suffers-setback-march-080503797<p><a href="http://news.yahoo.com/jobs-recovery-suffers-setback-march-080503797.html"><img src="http://l.yimg.com/bt/api/res/1.2/.KCSnNHfOZoEAJFHAt4QJw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T182312Z_2_CBRE8350ZIS00_RTROPTP_2_CNEWS-US-USA-ECONOMY.JPG" width="130" height="86" alt="Employment seeking American University students line up waiting to talk to job recruiters during a career job fair at American University in Washington" align="left" title="Employment seeking American University students line up waiting to talk to job recruiters during a career job fair at American University in Washington" border="0" /></a>Employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy. The report was seized upon by Republicans hoping to make the weak economy the centerpiece of their campaign for November's presidential and congressional elections. Even as the unemployment rate fell to a three-year low of 8.2 percent, job growth slowed to 120,000 last month, the Labor Department said on Friday, the smallest increase since October. ...</p><br clear="all"/>ATHENS (Reuters) - The two main parties backing Greece's EU/IMF bailout are recovering some popularity as a general election nears, an opinion poll showed on Saturday. Support for the conservative New Democracy and the Socialist PASOK now reaches a combined 40 percent from 26 percent in February, according to an Alco survey for the Proto Thema newspaper. Other polls showed the parties' support had sunk over the past few weeks because of unpopular austerity measures, casting doubt on whether their coalition could survive an election. ...http://news.yahoo.com/poll-greek-pro-bailout-parties-recover-vote-nears-203907702.html2012-04-07T20:39:07ZReuterspoll-greek-pro-bailout-parties-recover-vote-nears-203907702NEW YORK (Reuters) - Private equity firm Apollo Global Management LLC raised its cash offer to buy Great Wolf Resorts Inc by 35 percent to $225.7 million, outbidding a rival for North America's largest operator of indoor water parks. Great Wolf said in a statement late on Friday it had agreed to amend its previous agreement with Apollo after the private equity firm, headed by billionaire Leon Black, raised its offer to $6.75 per share in cash from $5. ...http://news.yahoo.com/apollo-ups-great-wolf-offer-outbid-rival-011728508.html2012-04-08T19:57:47ZReutersapollo-ups-great-wolf-offer-outbid-rival-011728508WASHINGTON (Reuters) - U.S. regulators gave the nod to an imaging test from Eli Lilly and Co. that can for the first time help doctors detect brain plaque tied to Alzheimer's disease, the company said. The U.S. Food and Drug Administration approved the radioactive dye, called Amyvid, to help doctors rule out whether patients have Alzheimer's, the most common form of dementia, Lilly announced late on Friday. The dye binds to clumps of a toxic protein called beta amyloid that accumulates in the brains of patients with Alzheimer's. ...http://news.yahoo.com/u-gives-nod-eli-lillys-brain-plaque-test-201653660.html2012-04-07T20:16:53ZReutersu-gives-nod-eli-lillys-brain-plaque-test-201653660<p><a href="http://news.yahoo.com/reforming-myanmar-targets-boost-rice-exports-093520971.html"><img src="http://l.yimg.com/bt/api/res/1.2/x7O7y1xB9d36hffYroZgAw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-07T093558Z_2_CBRE8360QN500_RTROPTP_2_CBUSINESS-US-MYANMAR-RICE.JPG" width="130" height="86" alt="To match feature MYANMAR-RICE/" align="left" title="To match feature MYANMAR-RICE/" border="0" /></a>YANGON (Reuters) - Myanmar plans to increase rice exports by almost a fifth to 1 million tons in the current fiscal year (2012-2013), owing partly to international help in reviving its agriculture sector, state media said on Saturday. Minister of Agriculture Myint Hlaing said President Thein Sein, a key reformer in the year-old civilian government, had instructed the ministry to boost rice yields and quality. Tax concessions would also be extended to help rice exporters, the newspapers said. ...</p><br clear="all"/>http://news.yahoo.com/reforming-myanmar-targets-boost-rice-exports-093520971.html2012-04-07T09:35:58ZReutersreforming-myanmar-targets-boost-rice-exports-093520971<p><a href="http://news.yahoo.com/reforming-myanmar-targets-boost-rice-exports-093520971.html"><img src="http://l.yimg.com/bt/api/res/1.2/x7O7y1xB9d36hffYroZgAw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-07T093558Z_2_CBRE8360QN500_RTROPTP_2_CBUSINESS-US-MYANMAR-RICE.JPG" width="130" height="86" alt="To match feature MYANMAR-RICE/" align="left" title="To match feature MYANMAR-RICE/" border="0" /></a>YANGON (Reuters) - Myanmar plans to increase rice exports by almost a fifth to 1 million tons in the current fiscal year (2012-2013), owing partly to international help in reviving its agriculture sector, state media said on Saturday. Minister of Agriculture Myint Hlaing said President Thein Sein, a key reformer in the year-old civilian government, had instructed the ministry to boost rice yields and quality. Tax concessions would also be extended to help rice exporters, the newspapers said. ...</p><br clear="all"/>NEW DELHI (Reuters) - Jewellers in India called off their three-week-old strike on Saturday, an industry official said, on assurances from Finance Minister Pranab Mukherjee that the government would consider scrapping a budget proposal to levy excise duty on unbranded jewelry. "The strike has been called off today onwards. We will be starting our shops from tomorrow," said Kumar Jain, vice chairman of the Mumbai Jewellers Association. ...http://news.yahoo.com/indias-jewelers-call-off-strike-124817522.html2012-04-07T12:48:17ZReutersindias-jewelers-call-off-strike-124817522URENGOI, Russia (Reuters) - Gazprom may ditch plans to pipe Arctic gas from its Shtokman project, a top executive said, potentially giving Russia's top energy firm more leeway to sell supplies from the huge field to customers outside Europe. Gazprom may instead focus on producing more easily transportable liquefied natural gas at the Barents Sea deposit, deputy chief executive Alexander Medvedev said on Saturday - the first time the company has mentioned that option. ...http://news.yahoo.com/gazprom-flags-shtokman-gas-shift-europe-wary-151204704.html2012-04-07T15:12:04ZReutersgazprom-flags-shtokman-gas-shift-europe-wary-151204704<p><a href="http://news.yahoo.com/iran-oil-development-fund-could-reach-55-billion-151751670.html"><img src="http://l.yimg.com/bt/api/res/1.2/HQcOFdxz9.kUFdCvpOo7Lw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-07T195254Z_1_CBRE8361J8900_RTROPTP_2_IRAN.JPG" width="130" height="86" alt="The SPQ1 gas platform is seen on the southern edge of Iran's South Pars gas field in the Gulf, off Assalouyeh" align="left" title="The SPQ1 gas platform is seen on the southern edge of Iran's South Pars gas field in the Gulf, off Assalouyeh" border="0" /></a>DUBAI (Reuters) - Iran's President Mahmoud Ahmadinejad said on Saturday the country's sovereign wealth fund could reach $55 billion by March next year if oil prices kept high, in an apparent bid to defend his economic record in the face of increasing isolation. Washington and the European Union have stepped up sanctions on the Islamic Republic, alarmed by its disputed nuclear program. Iran earned up to $100 billion in oil revenue last year but an EU embargo set to come into force in July could put a major dent in future income. ...</p><br clear="all"/>http://news.yahoo.com/iran-oil-development-fund-could-reach-55-billion-151751670.html2012-04-07T15:17:51ZReutersiran-oil-development-fund-could-reach-55-billion-151751670<p><a href="http://news.yahoo.com/iran-oil-development-fund-could-reach-55-billion-151751670.html"><img src="http://l.yimg.com/bt/api/res/1.2/HQcOFdxz9.kUFdCvpOo7Lw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-07T195254Z_1_CBRE8361J8900_RTROPTP_2_IRAN.JPG" width="130" height="86" alt="The SPQ1 gas platform is seen on the southern edge of Iran's South Pars gas field in the Gulf, off Assalouyeh" align="left" title="The SPQ1 gas platform is seen on the southern edge of Iran's South Pars gas field in the Gulf, off Assalouyeh" border="0" /></a>DUBAI (Reuters) - Iran's President Mahmoud Ahmadinejad said on Saturday the country's sovereign wealth fund could reach $55 billion by March next year if oil prices kept high, in an apparent bid to defend his economic record in the face of increasing isolation. Washington and the European Union have stepped up sanctions on the Islamic Republic, alarmed by its disputed nuclear program. Iran earned up to $100 billion in oil revenue last year but an EU embargo set to come into force in July could put a major dent in future income. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/housing-secretary-pushes-mortgage-write-downs-235316863.html"><img src="http://l.yimg.com/bt/api/res/1.2/7WM2NPGMJ6d3ZOl31ItPMQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T235316Z_1_CBRE8351UD200_RTROPTP_2_MORTGAGE-SETTLEMENT.JPG" width="130" height="86" alt="U.S. Housing and Urban Development Secretary Shaun Donovan announces $25 billion agreement with mortgage servicers in Washington" align="left" title="U.S. Housing and Urban Development Secretary Shaun Donovan announces $25 billion agreement with mortgage servicers in Washington" border="0" /></a>WASHINGTON (Reuters) - The Obama administration wants Fannie Mae and Freddie Mac, which finance the bulk of U.S. mortgages, to start reducing loan balances for troubled borrowers, but with safeguards to prevent them from purposely defaulting to obtain relief. Housing and Urban Development Secretary Shaun Donovan laid out the case for a program with such checks and balances to convince the Federal Housing Finance Agency, which regulates the companies, to provide more mortgage aid. ...</p><br clear="all"/>http://news.yahoo.com/housing-secretary-pushes-mortgage-write-downs-235316863.html2012-04-06T23:53:16ZReutershousing-secretary-pushes-mortgage-write-downs-235316863<p><a href="http://news.yahoo.com/housing-secretary-pushes-mortgage-write-downs-235316863.html"><img src="http://l.yimg.com/bt/api/res/1.2/7WM2NPGMJ6d3ZOl31ItPMQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T235316Z_1_CBRE8351UD200_RTROPTP_2_MORTGAGE-SETTLEMENT.JPG" width="130" height="86" alt="U.S. Housing and Urban Development Secretary Shaun Donovan announces $25 billion agreement with mortgage servicers in Washington" align="left" title="U.S. Housing and Urban Development Secretary Shaun Donovan announces $25 billion agreement with mortgage servicers in Washington" border="0" /></a>WASHINGTON (Reuters) - The Obama administration wants Fannie Mae and Freddie Mac, which finance the bulk of U.S. mortgages, to start reducing loan balances for troubled borrowers, but with safeguards to prevent them from purposely defaulting to obtain relief. Housing and Urban Development Secretary Shaun Donovan laid out the case for a program with such checks and balances to convince the Federal Housing Finance Agency, which regulates the companies, to provide more mortgage aid. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/no-timetable-restarting-california-nuclear-plant-jaczko-030835700.html"><img src="http://l.yimg.com/bt/api/res/1.2/9XnovXKp0o_vB8DwNOmPcw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-07T030835Z_1_CBRE83608QU00_RTROPTP_2_QUAKE-CALIFORNIA.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>DANA POINT, California (Reuters) - The top U.S. nuclear official said on Friday his agency has not set any timetable for restarting the troubled San Onofre nuclear station in Southern California and that it would only do so if safety was assured. Nuclear Regulatory Commission Chair Gregory Jaczko made his comments after touring the facility where both reactors have been shut since January due to the discovery of premature wear on tubes in giant steam generators installed in 2010 and 2011. Senator Dianne Feinstein, a Democrat, and U.S. ...</p><br clear="all"/>http://news.yahoo.com/no-timetable-restarting-california-nuclear-plant-jaczko-030835700.html2012-04-07T06:49:56ZReutersno-timetable-restarting-california-nuclear-plant-jaczko-030835700<p><a href="http://news.yahoo.com/no-timetable-restarting-california-nuclear-plant-jaczko-030835700.html"><img src="http://l.yimg.com/bt/api/res/1.2/9XnovXKp0o_vB8DwNOmPcw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-07T030835Z_1_CBRE83608QU00_RTROPTP_2_QUAKE-CALIFORNIA.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>DANA POINT, California (Reuters) - The top U.S. nuclear official said on Friday his agency has not set any timetable for restarting the troubled San Onofre nuclear station in Southern California and that it would only do so if safety was assured. Nuclear Regulatory Commission Chair Gregory Jaczko made his comments after touring the facility where both reactors have been shut since January due to the discovery of premature wear on tubes in giant steam generators installed in 2010 and 2011. Senator Dianne Feinstein, a Democrat, and U.S. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/treasury-freezes-pay-ceos-ally-financial-gm-aig-172309114.html"><img src="http://l.yimg.com/bt/api/res/1.2/G9jm8ZgsrP0cUu2gk1pvSg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T211251Z_1_CBRE8351MXI00_RTROPTP_2_CROATIA.JPG" width="130" height="86" alt="CEO of AIG Robert Benmosche speaks during an interview with Reuters in the garden of his Adriatic sea-front villa in Dubrovnik" align="left" title="CEO of AIG Robert Benmosche speaks during an interview with Reuters in the garden of his Adriatic sea-front villa in Dubrovnik" border="0" /></a>WASHINGTON (Reuters) - The chief executives of General Motors , AIG, and Ally Financial had their 2012 compensation packages frozen for a second year in a row by the Treasury Department after they got "exceptional" bailout help during the financial crisis. The Treasury said on Friday that all three were making progress at repaying the taxpayer funds given to them to keep them from collapsing during the 2007-2009 financial crisis but their pay practices remain under scrutiny of a "special master" until they do pay it back. ...</p><br clear="all"/>http://news.yahoo.com/treasury-freezes-pay-ceos-ally-financial-gm-aig-172309114.html2012-04-06T21:12:51ZReuterstreasury-freezes-pay-ceos-ally-financial-gm-aig-172309114<p><a href="http://news.yahoo.com/treasury-freezes-pay-ceos-ally-financial-gm-aig-172309114.html"><img src="http://l.yimg.com/bt/api/res/1.2/G9jm8ZgsrP0cUu2gk1pvSg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T211251Z_1_CBRE8351MXI00_RTROPTP_2_CROATIA.JPG" width="130" height="86" alt="CEO of AIG Robert Benmosche speaks during an interview with Reuters in the garden of his Adriatic sea-front villa in Dubrovnik" align="left" title="CEO of AIG Robert Benmosche speaks during an interview with Reuters in the garden of his Adriatic sea-front villa in Dubrovnik" border="0" /></a>WASHINGTON (Reuters) - The chief executives of General Motors , AIG, and Ally Financial had their 2012 compensation packages frozen for a second year in a row by the Treasury Department after they got "exceptional" bailout help during the financial crisis. The Treasury said on Friday that all three were making progress at repaying the taxpayer funds given to them to keep them from collapsing during the 2007-2009 financial crisis but their pay practices remain under scrutiny of a "special master" until they do pay it back. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/ex-intel-employee-pleads-guilty-theft-charges-231506381.html"><img src="http://l.yimg.com/bt/api/res/1.2/t534aS0jFvcuA49J2fr4BQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T231506Z_1_CBRE8351SLC00_RTROPTP_2_CBUSINESS-US-INTEL-THEFT.JPG" width="130" height="86" alt="An Intel logo is seen at the company's offices in Petah Tikva, near Tel Aviv" align="left" title="An Intel logo is seen at the company's offices in Petah Tikva, near Tel Aviv" border="0" /></a>SAN FRANCISCO (Reuters) - A former Intel Corp employee who allegedly stole from the chipmaker documents worth hundreds of millions of dollars pleaded guilty on Friday to five counts of wire fraud. Federal prosecutors in Boston had alleged that Biswamohan Pani, 36, downloaded some of Intel's "most valuable" design and manufacturing documents in June 2008, in his final days as an engineer in a Massachusetts facility. ...</p><br clear="all"/>http://news.yahoo.com/ex-intel-employee-pleads-guilty-theft-charges-231506381.html2012-04-06T23:15:06ZReutersex-intel-employee-pleads-guilty-theft-charges-231506381<p><a href="http://news.yahoo.com/ex-intel-employee-pleads-guilty-theft-charges-231506381.html"><img src="http://l.yimg.com/bt/api/res/1.2/t534aS0jFvcuA49J2fr4BQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T231506Z_1_CBRE8351SLC00_RTROPTP_2_CBUSINESS-US-INTEL-THEFT.JPG" width="130" height="86" alt="An Intel logo is seen at the company's offices in Petah Tikva, near Tel Aviv" align="left" title="An Intel logo is seen at the company's offices in Petah Tikva, near Tel Aviv" border="0" /></a>SAN FRANCISCO (Reuters) - A former Intel Corp employee who allegedly stole from the chipmaker documents worth hundreds of millions of dollars pleaded guilty on Friday to five counts of wire fraud. Federal prosecutors in Boston had alleged that Biswamohan Pani, 36, downloaded some of Intel's "most valuable" design and manufacturing documents in June 2008, in his final days as an engineer in a Massachusetts facility. ...</p><br clear="all"/>BEIJING (Reuters) - China's big four state banks extended almost 300 billion yuan ($47.50 billion) in new local-currency loans last month, the official Securities Times reported on Saturday, citing unidentified sources. The newspaper also estimated that the total new loans from all Chinese banks may exceed 900 billion yuan in March, based on a 30-40 percent weight that the top four lenders typically account for the total new loans. Chinese banks issued 710. ...http://news.yahoo.com/chinas-big-banks-lend-nearly-300-billion-yuan-041654724.html2012-04-07T04:16:54ZReuterschinas-big-banks-lend-nearly-300-billion-yuan-041654724<p><a href="http://news.yahoo.com/two-more-execs-leave-blackberry-maker-shake-214121989.html"><img src="http://l.yimg.com/bt/api/res/1.2/HIrLklZnEqyVOtGaNjgZUQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T214121Z_1_CBRE8351O9E00_RTROPTP_2_CTECH-US-RIM.JPG" width="130" height="86" alt="Blackberry smartphones are pictured in this illustration photo taken in Berlin" align="left" title="Blackberry smartphones are pictured in this illustration photo taken in Berlin" border="0" /></a>TORONTO (Reuters) - Blackberry maker Research In Motion Ltd is losing two more senior executives as the money-losing company embarks on a strategic overhaul that its new chief executive says could result in its sale. Alan Brenner, a senior vice president for the BlackBerry platform, will leave after a transition period, and Alistair Mitchell, a vice president for the BlackBerry Messenger instant messaging product, has already left, RIM spokeswoman Tenille Kennedy said in an email on Friday. ...</p><br clear="all"/>http://news.yahoo.com/two-more-execs-leave-blackberry-maker-shake-214121989.html2012-04-06T21:41:21ZReuterstwo-more-execs-leave-blackberry-maker-shake-214121989<p><a href="http://news.yahoo.com/two-more-execs-leave-blackberry-maker-shake-214121989.html"><img src="http://l.yimg.com/bt/api/res/1.2/HIrLklZnEqyVOtGaNjgZUQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T214121Z_1_CBRE8351O9E00_RTROPTP_2_CTECH-US-RIM.JPG" width="130" height="86" alt="Blackberry smartphones are pictured in this illustration photo taken in Berlin" align="left" title="Blackberry smartphones are pictured in this illustration photo taken in Berlin" border="0" /></a>TORONTO (Reuters) - Blackberry maker Research In Motion Ltd is losing two more senior executives as the money-losing company embarks on a strategic overhaul that its new chief executive says could result in its sale. Alan Brenner, a senior vice president for the BlackBerry platform, will leave after a transition period, and Alistair Mitchell, a vice president for the BlackBerry Messenger instant messaging product, has already left, RIM spokeswoman Tenille Kennedy said in an email on Friday. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/u-court-hears-apple-request-pull-samsung-devices-184129860.html"><img src="http://l.yimg.com/bt/api/res/1.2/rhsPLMGgJm_2ex1d7IGCDg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T202921Z_1_CBRE8351KX100_RTROPTP_2_CTECH-US-USA-SAMSUNG-APPLE.JPG" width="130" height="86" alt="A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown Shanghai" align="left" title="A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown Shanghai" border="0" /></a>WASHINGTON (Reuters) - A U.S. appeals court on Friday showed few signs that it was prepared to support a request by Apple Inc to block immediately the sale of some Samsung Electronics smartphones and tablets. In a high-stakes patent dispute, the court heard arguments about whether a federal trial judge acted correctly in December when she ruled that Apple failed to provide enough evidence to support an injunction of Samsung's Galaxy product line. ...</p><br clear="all"/>http://news.yahoo.com/u-court-hears-apple-request-pull-samsung-devices-184129860.html2012-04-06T20:29:21ZReutersu-court-hears-apple-request-pull-samsung-devices-184129860<p><a href="http://news.yahoo.com/u-court-hears-apple-request-pull-samsung-devices-184129860.html"><img src="http://l.yimg.com/bt/api/res/1.2/rhsPLMGgJm_2ex1d7IGCDg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T202921Z_1_CBRE8351KX100_RTROPTP_2_CTECH-US-USA-SAMSUNG-APPLE.JPG" width="130" height="86" alt="A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown Shanghai" align="left" title="A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown Shanghai" border="0" /></a>WASHINGTON (Reuters) - A U.S. appeals court on Friday showed few signs that it was prepared to support a request by Apple Inc to block immediately the sale of some Samsung Electronics smartphones and tablets. In a high-stakes patent dispute, the court heard arguments about whether a federal trial judge acted correctly in December when she ruled that Apple failed to provide enough evidence to support an injunction of Samsung's Galaxy product line. ...</p><br clear="all"/>(Reuters) - J.C. Penney Co Inc laid off about 1000 employees at its headquarters in Plano, Texas and Pittsburgh customer call center, as part of its previously announced cost cutting measures, the company said in a regulatory filing on Friday. The retailer said it will take a pre-tax cash charge of $30 million to $38 million, most of which will be recognized in its first quarter ending April 28, primarily for one-time termination costs. ...http://news.yahoo.com/j-c-penney-cuts-1000-jobs-headquarters-pittsburgh-184334495.html2012-04-06T18:43:34ZReutersj-c-penney-cuts-1000-jobs-headquarters-pittsburgh-184334495<p><a href="http://finance.yahoo.com/news/u-likely-added-over-200-040642096.html"><img src="http://l.yimg.com/bt/api/res/1.2/.KCSnNHfOZoEAJFHAt4QJw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T182312Z_2_CBRE8350ZIS00_RTROPTP_2_CNEWS-US-USA-ECONOMY.JPG" width="130" height="86" alt="Employment seeking American University students line up waiting to talk to job recruiters during a career job fair at American University in Washington" align="left" title="Employment seeking American University students line up waiting to talk to job recruiters during a career job fair at American University in Washington" border="0" /></a>WASHINGTON (Reuters) - Employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy. The report was seized upon by Republicans hoping to make the weak economy the centerpiece of their campaign for November's presidential and congressional elections. Even as the unemployment rate fell to a three-year low of 8.2 percent, job growth slowed to 120,000 last month, the Labor Department said on Friday, the smallest increase since October. ...</p><br clear="all"/>http://finance.yahoo.com/news/u-likely-added-over-200-040642096.html2012-04-06T18:23:12ZReutersnews/u-likely-added-over-200-040642096<p><a href="http://finance.yahoo.com/news/u-likely-added-over-200-040642096.html"><img src="http://l.yimg.com/bt/api/res/1.2/.KCSnNHfOZoEAJFHAt4QJw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T182312Z_2_CBRE8350ZIS00_RTROPTP_2_CNEWS-US-USA-ECONOMY.JPG" width="130" height="86" alt="Employment seeking American University students line up waiting to talk to job recruiters during a career job fair at American University in Washington" align="left" title="Employment seeking American University students line up waiting to talk to job recruiters during a career job fair at American University in Washington" border="0" /></a>WASHINGTON (Reuters) - Employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy. The report was seized upon by Republicans hoping to make the weak economy the centerpiece of their campaign for November's presidential and congressional elections. Even as the unemployment rate fell to a three-year low of 8.2 percent, job growth slowed to 120,000 last month, the Labor Department said on Friday, the smallest increase since October. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/dodgers-emerge-bankruptcy-april-30-210820563--spt.html"><img src="http://l.yimg.com/bt/api/res/1.2/DghBnwknR4yrAjfBp_4VDA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T210820Z_1_CBRE8351MQ200_RTROPTP_2_DODGERS-SALE.JPG" width="130" height="86" alt="A Los Angeles Dodger player makes his way to the dugout before their MLB spring training game against the San Francisco Giants in Scottsdale" align="left" title="A Los Angeles Dodger player makes his way to the dugout before their MLB spring training game against the San Francisco Giants in Scottsdale" border="0" /></a>(Reuters) - Los Angeles Dodgers said on Friday it expects to emerge from bankruptcy by the end of April, after a group spearheaded by basketball great Earvin "Magic" Johnson last week agreed to buy the baseball franchise. The team, which had landed in bankruptcy court in June 2011, said it is filing for an amended plan of reorganization, which is scheduled for hearing on April 13. ...</p><br clear="all"/>http://news.yahoo.com/dodgers-emerge-bankruptcy-april-30-210820563--spt.html2012-04-06T21:08:20ZReutersdodgers-emerge-bankruptcy-april-30-210820563--spt<p><a href="http://news.yahoo.com/dodgers-emerge-bankruptcy-april-30-210820563--spt.html"><img src="http://l.yimg.com/bt/api/res/1.2/DghBnwknR4yrAjfBp_4VDA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T210820Z_1_CBRE8351MQ200_RTROPTP_2_DODGERS-SALE.JPG" width="130" height="86" alt="A Los Angeles Dodger player makes his way to the dugout before their MLB spring training game against the San Francisco Giants in Scottsdale" align="left" title="A Los Angeles Dodger player makes his way to the dugout before their MLB spring training game against the San Francisco Giants in Scottsdale" border="0" /></a>(Reuters) - Los Angeles Dodgers said on Friday it expects to emerge from bankruptcy by the end of April, after a group spearheaded by basketball great Earvin "Magic" Johnson last week agreed to buy the baseball franchise. The team, which had landed in bankruptcy court in June 2011, said it is filing for an amended plan of reorganization, which is scheduled for hearing on April 13. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/futures-fall-weak-march-jobs-report-123806773.html"><img src="http://l.yimg.com/bt/api/res/1.2/LNarKnlw8kNbJAPftV5mqw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T134030Z_3_CBRE83418AP00_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>NEW YORK (Reuters) - Stock futures closed lower on Friday in brief, holiday-thinned trading after a much weaker-than-expected report on U.S. job growth for March. Trading volumes were light because of the Good Friday holiday and market closings in Europe. S&P 500 futures fell 1.2 percent, suggesting a weak open on Monday as the cash market is closed Friday. U.S. payrolls grew by 120,000 in March, worse than the forecasted gain of 203,000 jobs. The unemployment rate dipped to 8.2 percent, down from 8.3 percent in February. ...</p><br clear="all"/>http://news.yahoo.com/futures-fall-weak-march-jobs-report-123806773.html2012-04-06T13:40:30ZReutersfutures-fall-weak-march-jobs-report-123806773<p><a href="http://news.yahoo.com/futures-fall-weak-march-jobs-report-123806773.html"><img src="http://l.yimg.com/bt/api/res/1.2/LNarKnlw8kNbJAPftV5mqw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-06T134030Z_3_CBRE83418AP00_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>NEW YORK (Reuters) - Stock futures closed lower on Friday in brief, holiday-thinned trading after a much weaker-than-expected report on U.S. job growth for March. Trading volumes were light because of the Good Friday holiday and market closings in Europe. S&P 500 futures fell 1.2 percent, suggesting a weak open on Monday as the cash market is closed Friday. U.S. payrolls grew by 120,000 in March, worse than the forecasted gain of 203,000 jobs. The unemployment rate dipped to 8.2 percent, down from 8.3 percent in February. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/mike-wallace-60-minutes-interrogator-dies-175620444.html"><img src="http://l.yimg.com/bt/api/res/1.2/tRGPR_4WCHq2aNJ0lEmp6g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/b078400bf9ec46090c0f6a706700791f.jpg" width="130" height="86" alt="FILE - This May 8, 2006 file photo shows Mike Wallace, longtime CBS "60 Minutes" correspondent, during an interview at his office in New York. Wallace, famed for his tough interviews on "60 Minutes," has died, Saturday, April 7, 2012. He was 93. (AP Photo/Bebeto Matthews, File)" align="left" title="FILE - This May 8, 2006 file photo shows Mike Wallace, longtime CBS "60 Minutes" correspondent, during an interview at his office in New York. Wallace, famed for his tough interviews on "60 Minutes," has died, Saturday, April 7, 2012. He was 93. (AP Photo/Bebeto Matthews, File)" border="0" /></a>"Mike Wallace is here to see you."</p><br clear="all"/>http://news.yahoo.com/mike-wallace-60-minutes-interrogator-dies-175620444.html2012-04-09T00:26:46ZAssociated Pressmike-wallace-60-minutes-interrogator-dies-175620444<p><a href="http://news.yahoo.com/mike-wallace-60-minutes-interrogator-dies-175620444.html"><img src="http://l.yimg.com/bt/api/res/1.2/tRGPR_4WCHq2aNJ0lEmp6g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/b078400bf9ec46090c0f6a706700791f.jpg" width="130" height="86" alt="FILE - This May 8, 2006 file photo shows Mike Wallace, longtime CBS "60 Minutes" correspondent, during an interview at his office in New York. Wallace, famed for his tough interviews on "60 Minutes," has died, Saturday, April 7, 2012. He was 93. (AP Photo/Bebeto Matthews, File)" align="left" title="FILE - This May 8, 2006 file photo shows Mike Wallace, longtime CBS "60 Minutes" correspondent, during an interview at his office in New York. Wallace, famed for his tough interviews on "60 Minutes," has died, Saturday, April 7, 2012. He was 93. (AP Photo/Bebeto Matthews, File)" border="0" /></a>"Mike Wallace is here to see you."</p><br clear="all"/><p><a href="http://news.yahoo.com/hunger-games-scores-easter-feast-33-5m-153943148.html"><img src="http://l.yimg.com/bt/api/res/1.2/n.oiqM4PfzYhPMDDqarD3w--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/faf40f31abdafa090b0f6a7067006ea2.jpg" width="130" height="86" alt="In t

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