European Stocks Decline as U.S. Missile Strike Spooks Markets

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European Stocks Decline as U.S. Missile Strike Spooks Markets

Bloomberg
European stocks fell, mirroring risk-off sentiment in global financial assets, after the U.S. launched a missile attack on Syria. The Stoxx Europe 600 Index fell 0.4 percent at 8:25 a.m.

Amazon To Add 5K Jobs In Virtual Customer Service

PYMNTS.com
Amazon’s latest employee-boosting ambitions will certainly add to the growing stats of workers working remotely. The online retail giant just announced a plan to create over 5,000 new part-time roles over the next year as part of its Virtual Customer

Prosecutors Cite 39 Notebooks of Evidence in Samsung Graft Trial

Bloomberg
South Korean prosecutors laid out their case against Samsung Electronics Co. Vice Chairman Jay Y. Lee by outlining how a top presidential aide documented instances of alleged bribery in the pages of 39 handwritten notebooks.

California Legislature votes to raise gas taxes, vehicle fees by $5.2 billion a year for road repairs and transit

Los Angeles Times
After a week of fierce debate between opposing interests, the state Legislature on Thursday approved a plan to raise gas taxes and vehicle fees by $5.2 billion a year to pay for the repair of California’s pothole-ridden, decaying system of roads

Brace yourself, NJ Transit commuters: Amtrak fails to open tracks on time

NJ.com
NJ Transit commuters can expect a fifth day of commuting headaches Friday morning after Amtrak failed to complete repairs to tracks at New York Penn Station damaged in the derailment of a train on Monday in time for the start of the morning rush.

Nearly all Iowa counties are down to a single insurer as Aetna calls it quits

ModernHealthcare.com
One insurer’s retreat from the Iowa individual insurance marketplace has prompted a domino effect, as Aetna said Thursday that it will stop selling individual policies both on and off the state’s Affordable Care Act exchange next year.

212 Tesla Owners Can’t Be Wrong: How Tesla Can Be Worth More Than Ford

Forbes
On Monday, the market valued Tesla at $47 billion making it for the first time worth more than Ford ($45 billion). With Ford being so much bigger than Tesla by almost every other metric, Ford sold 6.7 million cars in 2016 compared to Tesla’s 76,000

BOE’s Carney Urges Banks to Prepare for Any Brexit Outcome

Bloomberg
Follow @Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter. Bank of England Governor Mark Carney urged banks to get contingency plans in place for all potential Brexit outcomes, as the two-year countdown to the U.K.

Here’s What to Expect in Today’s March US Jobs Report

Fortune
U.S. job growth likely slowed in March after unseasonably mild weather boosted hiring over the prior two months, but the pace of gains should underscore the economy’s strength despite a recent slowdown in economic growth.

Trump and Warren Agree? Maybe, on Plan to Shrink Big Banks

New York Times
Gary D. Cohn, President Trump’s chief economic adviser, has told senators that the administration is considering a proposal that would require separating retail banking from investment banking and trading.

Web page for US public lands agency showcases coal mine

Washington Post
WASHINGTON – In what is being seen as a clear message about its policy priorities, the Trump administration has updated the home page for the federal agency that oversees public lands to showcase a large photo of an open-pit coal mine in Wyoming.

Even Amid Trade Tensions, Ford Pushes Pickup Trucks in China

New York Times
A Ford pickup truck was among the models on display at a media event ahead of the Beijing International Automotive Exhibition last year.

7-Eleven adds 1108 stores, tacos and Texas clout with $3.3 billion Sunoco deal

Dallas News
7-Eleven is buying 1,108 convenience stores, mostly on the East Coast and Texas, from Sunoco for $3.3 billion. The deal will put 7-Eleven into the Houston market and gives it a fully developed menu of tacos.

Crude Oil Prices Hit 1-Month High as the US Strikes Syria

Nasdaq
Crude oil prices surged to a one-month high after an unexpected US airstrike against Syria stoked worries about regional supply disruption.

Adidas is going to sell 100000 sneakers with 3-D printed soles

CNBC
Adidas unveiled a new sneaker on Friday with a 3-D printed sole and is aiming for mass production in the coming year. The German sportswear giant has partnered with Silicon Valley start-up Carbon to produce the shoe – called the Futurecraft 4D – with

The Fed’s balance sheet new frontier: What happens, why it matters and what could go wrong

CNBC
Both the stock and bond markets have come to depend on the Fed’s programs – both the low interest rates and the balance sheet expansion – in the post-crisis years.

Dog attacks on mail carriers are surging, and online shopping may be a factor

Washington Post
Robert Rochester, a 55-year-old postal worker, was delivering mail in Stanton, Del., late one afternoon, when a German shepherd charged out from a nearby yard and pounced on him.

Large Deutsche Bank investors back 8 bln euro cap hike

Nasdaq
… * Capital increase is bank’s fourth since 2010 * Backed by top shareholders -source * CEO Cryan has pledged to see through turnaround (Adds details on large shareholders) By Arno SchuetzeFRANKFURT, April 7 (Reuters) – Deutsche Bank <DBKGn.

Norway Wealth Fund Turns ‘Cautious’ on Stocks After Trump Rally

Bloomberg
Norway’s $915 billion wealth fund is now turning “cautious” on global stock markets after reaping the benefits of a global rally over the past two quarters fueled by rising economic optimism.

Germany sees industrial production, trade surplus grow

Yahoo News
Germany saw a surprise boost in industrial production and a widening of its trade surplus in February amid rising tensions with the Trump White House over its export strength.

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