U.S. stocks mixed; weekly gains a virtual certainty

Date: Fri, 04 Apr 2008 16:01:03 (GMT)
U.S. stocks mixed; weekly gains a virtual certainty
U.S. stocks trade mixed but remain pointed toward likely weekly gains,
as equities struggle over data pointing to the biggest job losses in
five years.

Economic Report: Payrolls contract by 80,000 as jobless rate hits 5.1%
in March

WASHINGTON
In employment data that would seem worthy of the name recession, the
government reported Friday the steepest monthly job losses in five years
as well as a spike in the unemployment rate for March.

Teething woes at Heathrow's T5 could last until summer

Disruptions at London Heathrow's new Terminal 5 could continue until
the summer and will likely cost tenant British Airways Plc much more
than the 16 million-pound ($32 million) hit it disclosed this week, an
analyst said Friday.

Dell CEO sees more aggressive cost reductions, layoffs

The founder and CEO of Dell Inc. touts the company's cost-cutting plans
in a meeting with analysts, hinting that the PC maker may go beyond its
previously stated layoff targets.

Fed, Treasury defend bailout of Bear Stearns

Lawmakers open hearings into the dramatic rescue of Bear Stearns, with
top officials of the Federal Reserve and the Treasury Department
defending their actions to save the Wall Street giant from bankruptcy.