Saturday, April 10, 2010

International Headlines

Date: Sat, 10 Apr 2010 20:02:03 -0400
>TOP STORIES as of 0800 HKT -- 11 April, 2010

> POLAND MOURNS PRESIDENT KILLED IN PLANE CRASH
Thousands gathered outside Warsaw's presidential palace Saturday
to honor Polish President Lech Kaczynski, who died in a plane
crash earlier in the day.

> 15 KILLED IN BANGKOK PROTESTS
Thai security forces fired tear gas and water cannons at
anti-government protesters attempting to break into military
barracks in the heart of Bangkok on Saturday, state media
reported.

> CHINA POSTS FIRST DEFICIT IN SIX YEARS
China records a $7.24 billion trade deficit in March, the
country's first monthly trade deficit since April 2004, while
still posting a trade surplus in the first quarter.

> FOUR MISSING U.S. MINERS FOUND DEAD
Four missing miners in a West Virginia coal mine have been found
dead, authorities said early Saturday.

> U.S. MOM RETURNS ADOPTED BOY TO RUSSIA
A 7-year-old Russian boy adopted by an American family last year
was put on a return flight to Moscow this week because of
violent and psychotic behavior, according to a Tennessee
grandmother.

> BARCA BEAT REAL IN 'EL CLASICO'
Barcelona took a giant stride towards retaining their Spanish
league title with a 2-0 win over arch-rivals Real Madrid in
Saturday's 'El Clasico' at the Santiago Bernabeu to go three
points clear at the top of La Liga.

> CHELSEA MARCH INTO FA CUP FINAL
Holders Chelsea stayed on course for the domestic double in
England with a 3-0 win over Aston Villa at Wembley on Saturday
to reach the FA Cup final.

> SOUTH AFRICA CALMS CUP TERROR FEARS
South Africa responded late Friday to published terrorist
threats by insisting that this summer's World Cup will be safe.

BUSINESS
~~~~~~~~~~~


> APPLE BATTLES GOOGLE FOR MOBILE ADS
Apple launched a war with Google over mobile advertising
revenues on Thursday as it announced its own iAd network for the
iPhone.

> GEITHNER VISIT BOLSTERS CURRENCY TALK
A surprise meeting between the Chinese vice-premier and the US
Treasury secretary ended on Thursday with no immediate change in
policy but more speculation about a shift in China's pegged
currency regime.

> SOCIAL MEDIA AND SMALL BUSINESSES
Do an online search for the phrase "Has Bean Steve" and see the
results that pop up: "Has Bean Steve" is on Twitter, Facebook,
Flickr, MySpace, Vimeo, YouTube, and LinkedIn, not to mention at
least a dozen or so blogs, forums and other social networking
sites.

Friday, April 09, 2010

International Headlines

Date: Fri, 9 Apr 2010 20:02:04 -0400
>TOP STORIES as of 0800 HKT -- 10 April, 2010

> KYRGYZ PRESIDENT ACCUSED OF RAIDING STATE COFFERS
The president of Kyrgyzstan is accused of fleeing with the
country's money by an official with the interim government. "The
state coffers are almost empty," he said.

> U.S. MOM RETURNS ADOPTED BOY TO RUSSIA
A 7-year-old Russian boy adopted by an American family last year
was put on a return flight to Moscow this week because of
violent and psychotic behavior, according to a Tennessee
grandmother.

> CHILD BRIDE DIES FROM INTERNAL BLEEDING
A 12-year-old Yemeni bride dies of internal bleeding following
intercourse three days after she was married off to an older
man, the United Nations Children's Fund said.

> OBAMA'S CHANCE TO SHAPE HIGH COURT
Supreme Court Justice John Paul Stevens will retire, the high
court's press office said Friday.

> POLICE FIRE TEAR GAS AT THAI PROTESTERS
Police fire tear gas at anti-government protesters outside a
Bangkok TV station, a day after a channel was taken off the air
amid accusations of misinformation.

> IRAN LEADER: NUKE TECH 'FULLY MASTERED'
Iran announced Friday it has advanced its nuclear technology,
unveiling new, faster centrifuges and celebrating "giant steps"
forward.

> RESCUERS RETREAT FROM SMOKE IN MINE
Crews were evacuated Friday from the West Virginia coal mine
where rescuers are searching for miners.

> BREWERS STRIKE OVER 'FREE BEER'
Hundreds of Carlsberg workers are on strike because the brewer
failed to consult them when it changed rules on drinking alcohol
on the job, a union spokesman said Friday.


BUSINESS
~~~~~~~~~~~

> APPLE BATTLES GOOGLE FOR MOBILE ADS
Apple launched a war with Google over mobile advertising
revenues on Thursday as it announced its own iAd network for the
iPhone.

> GEITHNER VISIT BOLSTERS CURRENCY TALK
A surprise meeting between the Chinese vice-premier and the US
Treasury secretary ended on Thursday with no immediate change in
policy but more speculation about a shift in China's pegged
currency regime.


> SOCIAL MEDIA AND SMALL BUSINESSES
Do an online search for the phrase "Has Bean Steve" and see the
results that pop up: "Has Bean Steve" is on Twitter, Facebook,
Flickr, MySpace, Vimeo, YouTube, and LinkedIn, not to mention at
least a dozen or so blogs, forums and other social networking
sites.

Markets 04/09/2010

Date: Fri, 09 Apr 2010 19:22:48 -0400


Index Last Change % Change

NYSE Index...... 7,629.05........63.72 ..............0.8423

Nasdaq............. 2,454.05........17.24.............. 0.7075

S&P 500 Index.. 1,194.37.........7.93.................0.6684

Dow...................10,997.35.....70.28................0.6432

Dow ends up 70 points, having briefly touched 11,000 mark for the first time since September 2008.

Date: Fri, 09 Apr 2010 16:31:24 -0400

Dow ends up 70 points, having briefly touched 11,000 mark for the
first time since September 2008.

U.S. stocks extend gains on earnings optimism

Date: Fri, Apr 9, 2010 at 12:01 PM


U.S. STOCKS EXTEND GAINS ON EARNINGS OPTIMISM
U.S. stocks open higher Friday, extending Thursday's gains on hopes
for the first-quarter earnings reports starting Monday to come in
above analysts' estimates.

SUPREME COURT JUSTICE STEVENS TO RETIRE
Supreme Court Justice John Paul Stevens, leader of the high court's
liberal bloc and the court's oldest member, is reportedly retiring
this summer.

TOP U.S. BANKS REPORTEDLY MASKED RISK LEVELS
Major U.S. banks masked the level of risk they took over the last five
quarters by lowering their debt levels just before reporting the
figures publicly, The Wall Street Journal reports Friday.

FRIDAY'S BIGGEST GAINING AND DECLINING STOCKS
Ambac Financial, Palm and Zale are all making notable moves in the
U.S. market.

GREECE FUNDING, U.S. SALES DRIVE EUROPE STOCKS UP
Stocks in Europe rose Friday, as evidence of growing U.S. consumption
and a report of funding for debt-ravaged Greece lifting stocks.

Energy: Oil futures rebound to trade above $86 a barrel

Date: 9 APR 2010 11:01:01 GMT
Futures Movers - Oil futures rebound to trade above $86 a barrel

Indications of a higher opening on Wall Street and U.S. dollar
weakness boost sentiment in the energy market.

Breaking News: Supreme Court Justice Stevens to retire

Date: Fri, 09 Apr 2010 08:45:36 -0600

WASHINGTON (AP) - U.S. Supreme Court Justice John Paul Stevens, the
court's oldest member and leader of its liberal bloc, says he is
retiring when the court finishes its work this summer. The move gives
President Obama his second high court opening to fill. His
announcement had been hinted at for months. It comes 11 days before
his 90th birthday.

Stocks inch higher in early trading on continued economic optimism. Dow adds 20 points.

Date: Fri, 09 Apr 2010 10:37:48 -0400

Stocks inch higher in early trading on continued economic optimism.
Dow adds 20 points.

Thursday, April 08, 2010

International Headlines

Date: Thu, 8 Apr 2010 20:02:04 -0400
>TOP STORIES as of 0800 HKT -- 09 April, 2010

> DEATH TOLL CLIMBS FROM RIO MUDSLIDES
The death toll from flooding and mudslides in Brazil continued
to climb, with official reports of at least 171 fatalities,
while thousands have been left homeless.

> FURY OVER THAI TV STATION CLOSURE
Anti-government protesters in Thailand remained defiant Thursday
as they demanded officials reopen their television station,
which was shut down amid accusations of misinformation.

> KYRGYZ PRESIDENT SAYS HE WON'T RESIGN
Kyrgyz President Kurmanbek Bakiev says he won't abandon his
duties despite opposition claims that they have taken control
following days of bloody civil unrest.

> OBAMA, MEDVEDEV SIGN ARMS TREATY
U.S. President Barack Obama and Russian counterpart Dmitry
Medvedev sign a major nuclear arms control agreement reducing
the nuclear stockpiles of both nations.

> TIGER WOODS BEGINS MASTERS CHARGE
Tiger Woods has begun his charge for a 15th career major after
returning to competitive action at the Masters in Augusta.

> DIPLOMAT RELEASED AFTER PLANE INCIDENT
A passenger with diplomatic credentials of Qatar was detained
after a disturbance aboard a United Airlines flight en route to
Denver, Colorado, federal authorities said.

> CONJOINED TWINS STABLE AFTER SEPARATION
Surgeons in London successfully separated four-month-old
conjoined twins after a 14-hour operation Thursday, the hospital
announced.

> EXPLOSIVE GAS HALTS MINE RESCUE EFFORT
Rescue teams are getting ready to re-enter the site of a deadly
West Virginia mine explosion to search for four missing miners
after determining the air quality is safe.

BUSINESS
~~~~~~~~~~~

> BA AND IBERIA SIGN MERGER DEAL
British Airways and Iberia on Thursday announced a definitive
merger agreement, ending nearly two years of often-strained
negotiations on the creation of a Europe's third-largest airline
group.

> HOW TO CREATE AN $850M FAD, LIKE BEBO DID
Do you remember Bebo? AOL bought the hot social networking Web
site for $850 million in 2008. This week, the company threw in
the towel -- Bebo will either be sold or shut down in 2010,
according to an internal memo.

> HOW FAR WILL CHINA GO ON CURRENCY?
The recent apparent rapprochement between the US and Chinese
administrations on China's currency value is looking a lot like
2005.

Stocks finish with modest gains on strength in retail sales. Dow adds 30 points, S&P rises 0.4% and Nasdaq advances 0.2%.

Date: Thu, 08 Apr 2010 17:22:28 -0400

Stocks finish with modest gains on strength in retail sales. Dow adds
30 points, S&P rises 0.4% and Nasdaq advances 0.2%.

Initial claims for unemployment surge in latest week to 460,000, Labor Department says, suirprising economists. Stock futures fall.

Date: Thu, 08 Apr 2010 14:27:56 -0400

Initial claims for unemployment surge in latest week to 460,000, Labor
Department says, suirprising economists. Stock futures fall.

U.S. stocks retreat after extended climb

Date: Thu, Apr 8, 2010 at 12:01 PM

U.S. STOCKS RETREAT AFTER EXTENDED CLIMB
U.S. stocks fall as investors pause from a long run higher, with
energy shares hit the hardest as Greece's debt troubles bolster the
U.S. dollar's appeal, denting commodity prices.

SHARES OF US AIRWAYS, UAL CLIMB ON MERGER REPORTS
Shares of both US Airways and UAL climb in morning activity on reports
the carriers are in early merger talks after a nearly two-year break.

LEGACY AIRLINES LOSE HOME-FRONT TO BUDGET CARRIERS
U.S. legacy carriers said international air travel boosted sales in
March but that they are losing ground at home to low-cost airlines, a
trend that is pushing them into the role of what the industry calls
trunk carriers.

BRITISH AIRWAYS, IBERIA INK MERGER PACT
British Airways and Iberia sign a merger pact, with the combined group
to be called International Airlines Group.

BRITISH AIRWAYS TRAFFIC SLUMPS 11% AFTER STRIKE
British Airways on Wednesday reported a tumble in March traffic after
two cabin-crew strikes as rival Ryanair Holdings saw a big jump.

Breaking News

Date: Thu, 8 Apr 2010 06:43:07 -0400

The United States and Russia sign a comprehensive nuclear arms treaty
in the Czech Republic.

Breaking news: Obama, Medvedev sign treaty to cut nuclear arms

Date: Thu, 08 Apr 2010 04:44:34 -0600

PRAGUE (AP) -- Reaching anew for peace, President Obama and Russian
President Dmitry Medvedev signed a treaty to shrink their nations'
nuclear arsenals, the biggest such pact between the former Cold War
foes in a generation.

The treaty commits their nations to slash the number of strategic
nuclear warheads by one-third and more than halve the number of
missiles, submarines and bombers carrying them.

Stocks fall in early trading after initial jobless claims unexpectedly surge. Dow slips 33 points.

Date: Thu, 08 Apr 2010 09:56:21 -0400

Stocks fall in early trading after initial jobless claims unexpectedly
surge. Dow slips 33 points.

Wednesday, April 07, 2010

Breaking News Wed., April 7, 2010

Date: Wed, 7 Apr 2010 19:18:59 -0700

Federal air marshals subdued a man who authorities say attempted to
"light his shoes on fire" on a United flight from Washington to Denver
Wednesday night, federal law enforcement officials to said.[10:05 p.m.
ET]

International Headlines

Date: Wed, 7 Apr 2010 20:02:06 -0400
>TOP STORIES as of 0800 HKT -- 08 April, 2010

> KYRGYZ PRESIDENT TOPPLED, OPPOSITION SAYS
A former foreign minister claimed to be in control of an interim
government in Kyrgyzstan early Thursday after a wave of protests
that left at least 40 dead.

> THAI PM DECLARES STATE OF EMERGENCY
Thailand's Prime Minister Abhisit Vejjajiva declares a state of
emergency, hours after anti-government demonstrators storm the
country's parliament.

> NORWEGIAN BISHOP ADMITS CHILD ABUSE
A former Catholic bishop in Norway has admitted sexually abusing
a minor 20 years ago, a spokesman for the Norwegian Catholic
Church said Wednesday.

> HARD LABOR FOR AMERICAN MAN IN N. KOREA
An American man is sentenced to eight years hard labor for
illegally entering North Korea, the reclusive country's official
press agency says in a release.

> RESCUERS DRILL FOR TRAPPED MINERS
Rescue workers continued drilling a hole early Wednesday toward
where they believe four miners may be located days after a blast
killed 25 others in a coal mine in West Virginia.

> IS PRINCE WILLIAM GETTING ENGAGED?
British newspapers were filled with speculation Wednesday that
Prince William may soon propose to his girlfriend, Kate
Middleton, after an influential blog reported on a possible
date.

> UK ELECTION RIVALS SPAR IN FINAL 'PMQS'
British Prime Minister Gordon Brown traded barbs with political
rivals Wednesday in the last Prime Minister's Questions before
the general election.


> MARTINA NAVRATILOVA HAS BREAST CANCER
Nine-time Wimbledon tennis champion Martina Navratilova said
Wednesday she has breast cancer.

BUSINESS
~~~~~~~~~~~


> RENAULT, NISSAN IN DAIMLER PARTNERSHIP
Nissan, Renault and Daimler on Wednesday announced a partnership that
will see the three companies take 3.1 percent mutual equity stakes and
work together on small cars, engines and light commercial vehicles.

> BEIJING LAYS GROUND FOR CURRENCY SHIFT
China has begun to prepare the ground publicly for a shift in
exchange rate policy, days after the US Treasury said it would
postpone a decision on whether to name China a "currency
manipulator".

> U.S. REGULATORS TO SEEK $16.4M TOYOTA FINE
US transport regulators are seeking to fine Toyota $16.4m -- the
maximum allowed -- for not telling them sooner about defects in
its cars that caused them to accelerate out of control,
officials said.

Breaking News

Date: Wed, 7 Apr 2010 16:42:04 -0400

Kyrgyzstan ex-foreign minister says deadly protests drove president
from office and that she leads interim government.

Stocks pull back, with the Dow finishing 71 points lower, after consumer credit falls.

Date: Wed, 07 Apr 2010 18:08:19 -0400

Stocks pull back, with the Dow finishing 71 points lower, after
consumer credit falls.

Bernanke: Economic growth should slowly reduce jobless rate in the next year.

Date: Wed, 07 Apr 2010 14:05:15 -0400

Bernanke: Economic growth should slowly reduce jobless rate in the next year.

U.S. stocks fall ahead of Bernanke testimony

Date: Wed, 07 Apr 2010 12:01:05 -0400

U.S. STOCKS FALL AHEAD OF BERNANKE TESTIMONY
U.S. stocks move lower as investors are cautious ahead of a speech
from Federal Reserve Chairman Ben Bernanke.

EUROPE SHARES OFF HIGHS AS GREEK BANKS, MINERS DIP
European shares backed away from recent highs on Wednesday, as
commodity-sector firms retreated, Greek banks fell and Renault shares
traded lower after signing a three-way tie-up with Daimler and Nissan.

GREENSPAN: SUBPRIME LOANS DID NOT CAUSE CRISIS
An insatiable global appetite for packaged pools of high-risk subprime
mortgages was a signficiant contributor to the financial crisis, jot
the subprime mortgages themselves, former Fed Chairman Alan Greenspan
tells a government-appointed inquiry panel in defense of his tenure.

ENERGY STOCKS FALL; MASSEY ENERGY EXTENDS SLIDE
Energy stocks fell Wednesday alongside a pullback in oil prices and
the broader equities market, and ahead of weekly supply data from the
Energy Information Administration.

WEDNESDAY'S BIGGEST GAINING AND DECLINING STOCKS
Stocks making notable moves in Wednesday's stock market include CKE,
Hanson Medical, Massey and Pure Bioscience.

China's state-owned giants enter green energy

Date: 7 APR 2010 04:55:25 GMT

A struggle for dominance in China's fast-growing electric-vehicle
charging business is attracting some of China's biggest state-owned
companies, as a domestic 'new energy' movement -- from battery-making
to wind power -- gathers steam, reports Caixin Online.

Breaking News

Date: Wed, 7 Apr 2010 07:26:04 -0400

Thailand's prime minister declares a state of emergency amid
anti-government protests.

Stocks drop at the open as investors continue to feel cautious about the economic recovery. Dow falls 27 points.

Date: Wed, 07 Apr 2010 10:04:24 -0400

Stocks drop at the open as investors continue to feel cautious about
the economic recovery. Dow falls 27 points.

Tuesday, April 06, 2010

International Headlines

Date: Tue, 6 Apr 2010 20:02:03 -0400

> 7.8-MAGNITUDE QUAKE STRIKES INDONESIA
A tsunami watch was in effect for Indonesia after a
7.8-magnitude earthquake rattled the nation early Wednesday,
according to geological officials.

> TERREBLANCHE MURDER SUSPECTS IN COURT
Tension rises outside a courthouse in South Africa Tuesday as
two people are formally charged with the weekend murder of a
white supremacist leader.

> WHITE HOUSE COULD CANCEL KARZAI VISIT
An upcoming U.S. visit by Afghanistan President Hamid Karzai
could be called off if he continues to make troubling political
statements, White House Press Secretary Robert Gibbs said
Tuesday.

> REPORTS: 2ND MOSCOW BOMBER IDENTIFIED
Russian authorities have identified the second suicide bomber in
last week's fatal Moscow subway attacks as a 28-year-old honors
graduate from a Dagestan university, Russian news agencies
reported Tuesday.

> U.S. SWEARS OFF NEW NUCLEAR WEAPONS
Two days before signing a new nuclear treaty with Russia, the
U.S. unveils a radically overhauled strategy to reduce its
reliance on nuclear weapons.

> BROWN CALLS UK ELECTION FOR MAY 6
British PM Gordon Brown says he's seeking "a clear and
straightforward mandate" to carry on the job of rebuilding the
economy," as he confirms a May 6 election.

> RAINS, FLOODING KILL 93 IN BRAZIL
Heavy rains and flooding in Rio de Janeiro, Brazil, and
surrounding areas Tuesday killed 79 people and injured at least
87, fire officials said.

> DRILLING BEGINS INTO U.S. COAL MINE
A mine blast in the U.S. state of West Virginia leaves 25 dead
-- the country's deadliest mining disaster in a quarter of a
century.

BUSINESS
~~~~~~~~~~~

> CYBERCRIME FEARS GROW IN CHINA
The online advertisement from a Beijing student was exactly the
kind of message that worries companies in China.

> U.S. REGULATORS TO SEEK $16.4M TOYOTA FINE
US transport regulators are seeking to fine Toyota $16.4m -- the
maximum allowed -- for not telling them sooner about defects in
its cars that caused them to accelerate out of control,
officials said.

> BATTLELINES BLUR IN CHINA CURRENCY CONFLICT
From the outside, the battlelines in the renminbi wars look
quite simple: the US on one side, threatening the heavy ordnance
of currency legislation; China on the other, threatening
unspecified carnage if the artillery is fired.

Breaking News

Date: Tue, 6 Apr 2010 18:47:07 -0400

Indonesia hit by 7.8-magnitude quake, the U.S. Geological Survey says.

Stocks end mixed after a volatile trading day, as investors digest a cautious discussion from the Fed’s last policy meeting.

Date: Tue, 06 Apr 2010 18:28:56 -0400

Stocks end mixed after a volatile trading day, as investors digest a
cautious discussion from the Fed's last policy meeting.

U.S. stocks tally modest losses with Fed ahead

Date: Tue, 06 Apr 2010 12:01:02 -0400

U.S.STOCKS TALLY MODEST LOSSES WITH FED AHEAD
U.S. stocks retreat after a two-day rise as investors readied for the
afternoon release of minutes from the Federal Reserve's last
policy-setting meeting and the start of first-quarter earnings'
releases next week.

WHY U.K. ELECTION POLLS CAN BE MISLEADING
The polls indicate the Tories have somewhere between a four and ten
percentage point lead against the incumbent Labour Party. But the U.K.
doesn't hold a simple winner-take-all electoral affair.

BRITISH ELECTION TO BE FOUGHT ON DEFICIT, TAXES
Great Britain will hold a general election on May 6, focused on the
question of which party can best manage Britain's finances as the
nation limps out of the deepest recession in decades.

GREEK BONDS PLUNGE ON CONTINUED DEBT WORRIES
Greek government bonds fall sharply amid renewed worries over the
details of a standby aid program approved last month by euro-zone
leaders.

GOLD FUTURES SEEK DIRECTION FOLLOWING RECORD GAINS
Gold futures seesaw, looking for direction after hitting a four-week
high in the prior session. Gold for June delivery gains $1.30, or
0.1%, to $1.135.10 an ounce on the Comex division of the New York
Mercantile Exchange.

Stocks slip in early trading as investors step back from the recent rally. Dow falls 29 points.

Date: Tue, 06 Apr 2010 10:02:51 -0400

Stocks slip in early trading as investors step back from the recent
rally. Dow falls 29 points.

Monday, April 05, 2010

International Headlines

Date: Mon, 5 Apr 2010 20:02:04 -0400

>TOP STORIES as of 0800 HKT -- 06 April, 2010

> 6 REPORTED DEAD IN U.S. MINE BLAST; DOZENS FEARED TRAPPED
Six miners were killed today in an explosion in a Raleigh
County, West Virginia, mine, according to CNN affiliate WCHS.
More than 20 people were missing.

> VIDEO SHOWS JOURNALISTS' DEATHS IN IRAQ
One of two photojournalists killed in a 2007 attack by a U.S.
helicopter gunship in Iraq was being rescued when the gunship's
crew fired on the van to which he was being carried, according
to footage posted online Monday.

> TALIBAN CLAIM DEADLY PESHAWAR ATTACK
A terrorist attack near the U.S. consulate in Peshawar, Pakistan
killed two consulate security guards and at least four others
Monday, authorities said.

> WOODS: I'M A BETTER PERSON AFTER REHAB
Tiger Woods returns to golf at the Masters, ending a
self-imposed exile after the exposure of his extramarital antics
off the course and answering media questions.

> WHITE HOUSE 'FRUSTRATED' BY KARZAI
The White House is "frustrated" by remarks from Afghan President
Hamid Karzai, who on Sunday promised tribal leaders he would
hold back a NATO military offensive in violence-plagued Kandahar
province until he had their backing, a White House spokesman
said Monday.

> S. AFRICA'S NEO-NAZIS DROP REVENGE VOW
A South African white supremacist group has retracted its
statement vowing to avenge the killing of its leader, Eugene
Terreblanche, a spokesman for the group said Monday.

> PIRATES SEIZE OIL TANKER HEADNIG TO U.S.
A South Korean oil tanker has been hijacked by pirates, the
European Union Naval Force Somalia said Monday.

> SPACE SHUTTLE DISCOVERY LAUNCHES
NASA workers began filling the external fuel tanks for Space
Shuttle Discovery late Sunday in preparation for a Monday
morning launch, with officials saying plans were proceeding
smoothly.


BUSINESS
~~~~~~~~~~~

> CITIES BLAZING A GREEN TRAIL
Over half the world's population now live in cities according to
the United Nations.


> JOBLESS RATE RISES FOR U.S. WAR VETS
The unemployment rate for veterans of the Iraq and Afghanistan
wars reached 14.7 percent in March, according to the Department
of Labor.

> U.S. DELAYS REPORT ON CHINA CURRENCY
U.S. Treasury Secretary Tim Geithner has delayed a scheduled
April 15 report to Congress that many lawmakers had hoped would
publicly admonish China for allegedly manipulating its currency
to the detriment of the United States.

Breaking News: U.S. seeks maximum fine against Toyota

Date: Mon, 05 Apr 2010 14:16:08 -0600

WASHINGTON (AP) - The Transportation Department says it's seeking the
maximum penalty, more than $16 million, against Toyota for failing to
promptly notify the government about defective gas pedals among its
vehicles. The fine would be the largest civil penalty ever issued to
an automaker by the government.

Major stock indexes end at 18-month highs, with the Dow edging toward 11,000, as investors cheer more signs of economic strength.

Date: Mon, 05 Apr 2010 16:11:58 -0400

Major stock indexes end at 18-month highs, with the Dow edging toward
11,000, as investors cheer more signs of economic strength.

U.S. stocks up; Dow average nears 11,000

Date: Mon, 05 Apr 2010 12:01:04 -0400

U.S STOCKS UP; DOW AVERAGE NEARS 11,000
U.S. stocks rise Monday, lifting Dow industrials within striking
distance of 11,000.

APPLE'S IPAD SALES HIGHLIGHT TECH ACTION
Gains from Apple Inc. highlight a broad advance in the tech sector in
early activity as Apple says it sold more than 300,000 iPads during
the first day of the touchscreen computer's release.

CRUDE OIL TOPS $86 A BARREL AFTER U.S. JOBS DATA
Crude futures top $86 a barrel, reaching fresh 18-month highs, as
investors react to a batch of economic data stretching back to Good
Friday's release of nonfarm payrolls for March. Traders read the data
as evidence that an improving U.S. economy will mean greater demand
for energy.

SANDRIDGE ENERGY BUYING ARENA FOR $1.6 BILLION
SandRidge Energy is paying about $1.6 billion in cash and stock to buy
Arena Resources as the company positions itself as one of the largest
producers of conventional oil and natural gas in western Texas.

ENTERGY WON'T PURSUE SPIN-OFF OF NUCLEAR-POWER ARM
Entergy will book potential charges pegged at 40 to 45 cents a share
against financial results as it moves to scrap plans to spin off its
nuclear-power unit. The company's board also approves its first
dividend increase in more than two and a half years.

Stocks pop in early trading as investors react to jobs report. Dow adds 25 points.

Date: Mon, 05 Apr 2010 10:03:36 -0400

Stocks pop in early trading as investors react to jobs report. Dow
adds 25 points.

Sunday, April 04, 2010

International Headlines

Date: Sun, 4 Apr 2010 20:02:07 -0400
>TOP STORIES as of 0800 HKT -- 05 April, 2010

> 9 RESCUED FROM FLOODED CHINA MINE
Rescue teams pulled nine miners to safety Monday, more than a
week after their coal mine in northern China was flooded by a
rush of underground water, state-run media reported.

> EARTHQUAKES RATTLE PACIFIC COAST
A magnitude 6.9 earthquake struck Baja California in
northwestern Mexico on Sunday, shaking the ground at least as
far as Los Angeles, California, the U.S. Geological Survey and
witnesses reported.

> DEADLY CAR BOMBINGS ROCK BAGHDAD
Three car bombs exploded in Baghdad on Sunday, killing at least
12 people and injuring 27 others, authorities said.

> CALM URGED AFTER TERRABLANCHE KILLING
South African President Jacob Zuma appeals for calm amid fears
of racial violence following the killing of notorious white
supremacist leader Eugene Terreblanche, pictured.

> CARDINAL SPEAKS IN SUPPORT OF POPE
In a very rare move, a senior cardinal spoke before the pope's
Easter Mass address at the Vatican on Sunday, saying the pontiff
maintains the support of Catholics around the world "who do not
let themselves be influenced by the gossip."

> PREACHER SORRY FOR ANTI-SEMITISM CLAIM
The pope's personal preacher apologized Sunday for comparing
fury over sexual abuse within the church to anti-Semitism.

> SOUTH KOREA CALLS OFF SEARCH FOR SAILORS
A week-long search for dozens of sailors lost when a South
Korean warship sunk in waters near North Korea is called off
after a request from families of the missing men.

> SHIP LEAKING OIL NEAR GREAT BARRIER REEF
A Chinese-registered ship carrying coal that ran aground off the
coast of northeast Australia was leaking oil Sunday near the
Great Barrier Reef -- the world's largest coral reef system.


BUSINESS
~~~~~~~~~~~


> INVESTORS EXCITED OVER APPLE'S IPAD
At least 200,000 US residents will get their hands on Apple's
new iPad on Saturday, convinced that, without ever having held
one, the mouseless computer is right for them.

> U.S. DELAYS REPORT ON CHINA CURRENCY
U.S. Treasury Secretary Tim Geithner has delayed a scheduled
April 15 report to Congress that many lawmakers had hoped would
publicly admonish China for allegedly manipulating its currency
to the detriment of the United States.

> DAIMLER FINED $185M FOR BRIBERY
German carmaker Daimler AG and three of its subsidiaries pleaded
guilty to bribing government officials with tens of millions of
dollars in Russia, China and 20 other countries, the U.S.
Justice Department announced.

Earthquake shakes Southern California

Date: Sun, 04 Apr 2010 17:04:38 -0600

A magnitude 6.9 earthquake south of the U.S.-Mexico border shook
high-rises in downtown Los Angeles and San Diego and was felt in
Arizona.