BUSINESS

Stocks futures fall as hopes of further stimulus fade

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Stock index futures fell on Wednesday after minutes of the Federal Reserve's March meeting released on Tuesday showed policymakers were less inclined to provide more economic stimulus, curbing investors' appetite for risky assets.
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Analysis: Morgan Stanley investors await brokerage bounce

As Morgan Stanley finishes integrating its brokerage joint venture with Citigroup Inc and considers spending $10 billion to buy the whole business years ahead of plan, investors are anxiously awaiting signs that the long-promised profit machine will finally start to purr. Since agreeing to buy Citi's Smith Barney in 2009, Morgan Stanley executives have told shareholders t...
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JPMorgan stable value fund exiting private mortgages

JPMorgan Chase & Co is shedding mortgage debt from a stable value fund, under pressure from insurers in a case raising questions about suitable investments for funds normally regarded as a super-safe haven for retirement savings.
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Strong U.S. job growth expected for March

The U.S. economy likely notched up a fourth month of solid job growth in March, which would lower the need for the Federal Reserve to offer additional monetary stimulus to spur faster economic growth.
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PREVIEW-Strong U.S. job growth expected for March

The U.S. economy likely notched up a fourth month of solid job growth in March, which would lower the need for the Federal Reserve to offer additional monetary stimulus to spur faster economic growth.
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Amazon eyes ad dollars in consumer packaged goods

Amazon.com Inc is trying to grab some of the billions of advertising dollars spent each year by consumer packaged goods companies including Kimberly-Clark Corp, as the world's largest Internet retailer seeks new sources of revenue growth.
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Apple-mania spreads, Piper Jaffray sees $1,000 stock

Apple Inc shares set a record high on Tuesday after Piper Jaffray supported Topeka Capital Market's assertion that the stock should breach $1,000 in a year or two, propelled by emerging markets growth and new products that could include a revolutionary TV set.
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Morgan Stanley investors await brokerage bounce

As Morgan Stanley finishes integrating its brokerage joint venture with Citigroup Inc and considers spending $10 billion to buy the whole business years ahead of plan, investors are anxiously awaiting signs that the long-promised profit machine will finally start to purr. Since agreeing to buy Citi's Smith Barney in 2009, Morgan Stanley executives have told shareholders t...

Apple iPhone 5 Release Date 2012: Foxconn Recruiter Says June Launch [RUMORS]

A recruiter for Foxconn, the largest manufacturing partner of Apple products, told reporters from TV Tokyo's World Business Satellite that Apple's sixth-generation iPhone, presumably called the iPhone 5, will be released in June. He added that Foxconn is hiring about 18,000 workers to kick production of the new smartphone into high gear before summer.
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Molson Coors to buy StarBev for $3.5 billion

Molson Coors Brewing Co's plan to buy East European brewer StarBev for 2.65 billion euros ($3.5 billion) will give it more exposure in developing markets, but the brewer may have been better off trying to improve its business in developed markets, analysts said.
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Car sales surge as recovery gains steam

Auto sales rose more than 15 percent in March, preliminary data showed, as rising consumer confidence and cheap financing quickened the pace of a sluggish recovery more than two years in the making.
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Wall Street extends drop after Fed minutes

Stocks extended losses on Tuesday after minutes from the most recent meeting of the Federal Reserve's policy-setting committee showed the Fed appeared less keen to launch additional stimulus measures.
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Top JPMorgan banker quits after market abuse fine

One of London's most prominent bankers was fined 450,000 pounds ($720,000) for passing on inside information in a case that will embarrass his employer J.P. Morgan Cazenove and which marks a push by British regulators to target high-profile figures.
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Wall Street pulls back, Fed minutes ahead

Stocks edged lower on Tuesday after a strong start to the second quarter and ahead of the release of minutes from the most recent meeting of the Federal Reserve's policy-setting committee.
Bhutan

The World’s Happiest Countries

On Monday, the Bhutanese government led a session in the UN called Wellbeing and Happiness: Defining a New Economic Paradigm, that highlighted the world's happiest countries and discussed how to put happiness on the global agenda.
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Auto sales up as consumer confidence rises

Auto sales continued a robust pace in March, boosted by consumers with more confidence in a recovering U.S. economy who want to buy fuel-efficient cars and trucks in the face of rising gasoline prices.
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Chrysler sales up 34 percent

Chrysler Group LLC reported a 34 percent increase in March auto sales, the first major automaker to report sales for a month expected to show signs of a robust recovery for the U.S. auto industry.
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Chrysler auto sales up 34 percent

Chrysler Group LLC reported a 34 percent increase in March auto sales, the first major automaker to report sales for a month expected to show signs of a robust recovery for the U.S. auto industry.
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Banking, shopping and job hunting online

Banking and keeping track of finances, shopping and searching for jobs are the main tasks of Internet users around the globe, according to a new international survey.
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Stock index futures slightly lower

Wall Street looked set to open slightly lower on Tuesday, with futures for the S&P 500 down 0.07 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures down 0.01 percent at 4:21 a.m. E.D.T. (0821 GMT)

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