Business News
Oil falls slightly to near $94 a barrel
Oil prices fall slightly to near $94 after Japan releases lukewarm factory data for March
US consumers boost spending 0.2 pct. last month
US consumers boost spending 0.2 pct. in March despite higher taxes; income also up 0.2 pct.
Pending US home sales reach 3-year high in March
Measure of signed contracts to buy US homes rises to 3-year high in March
Asia stocks up after S&P hits record; Nikkei slips
Most Asian stock markets rise after S&P reaches all-time high; Nikkei slips
JC Penney to get $1.75B in financing
JC Penney reaches deal with Goldman Sachs for $1.75B loan to fund its operations, pay off debt
Facebook CEO reaped $2.3B gain on stock options
Facebook CEO Mark Zuckerberg realized $2.3 billion gain on exercise of stock options last year
S&P 500 reaches new high, led by tech
Standard & Poor's 500 edges above its previous record high; technology stocks lead the way
Oil above $94 on US data, hope of EU rate cut
Oil rises above $94 a barrel on US spending, housing data and hope for Europe rate cut
Deutsche Bank to raise $3.7 billion in share issue
Deutsche Bank announces capital increase as it reports rise in first quarter net income
Subaru recalls more than 10,000 Forester wagons
Subaru recalls more than 10,000 Forester wagons to replace mats that can interfere with pedals
Fiat reports Q1 loss as sales slip in Europe, US
Fiat loses 83 million euros in Q1 as European sales plummet and Chrysler profits tumble
Italy's new government wins 1st confidence vote
Italy's new government wins 1st confidence vote after vowing to cut taxes
Chrysler 1Q profit falls 65 pct. as shipments drop
Chrysler 1Q profit falls 65 percent as factories make slow transition to new models
Kodak to sell 2 businesses to U.K. pension plan
Eastman Kodak to sell imaging business to U.K. pension plan as part of settlement
German inflation down, door open for ECB rate cut
German inflation fell to 1.1 percent in April, easing way for possible ECB rate cut
Bowing in 'pigeon' fight, France slashes taxes
Bowing to pressure, French government slashing capital gains tax cuts some companies
Huffington Post to launch German edition
Portal Huffington Post to expand with German edition, threatens to shake up media landscape
Putin, Japanese leader step up peace treaty effort
Leaders of Russia, Japan say efforts to agree a peace treaty will be stepped up
Volkswagen brand earns fall by more than half
VW, Audi division earnings slip in Q1
US stocks rise, led by technology companies
Stocks rise on Wall Street, led by tech; Positive reports on home sales and consumer spending



