Bloomberg:
- Goldman Sachs’s financial rewards for arranging the NYSE’s purchase of Archipelago exceed $100 million.
- Crude oil is falling after the EIA reported supplies rose to a 35-month high.
- US T-notes are rising after the government reported durable goods orders fell in March by the most in two years.
- President Bush will propose using closed military bases as sites for oil refineries and speed up licensing of nuclear power plants.
- European surveys showing deteriorating confidence suggest the European Central Bank may lower its benchmark interest rates this year, hurting demand for the euro, according to Goldman Sachs.
Wall Street Journal:
- Three men seem to be the front-running candidates to succeed US Fed Chairman Greenspan, who’s due to step down in January. They are Martin Feldstein, Ben Bernanke and Glen Hubbard.
- The House and Senate are close to agreeing on a budget for 2006 that includes $40 billion in savings over five years and would close some tax-loopholes to compensate for $106 billion in tax cuts.
- XM Satellite Radio and Sirius Satellite Radio are introducing receivers for listening to satellite radio outside their normal habitat, the car.
- 3Com executives have bought shares of the company for the first time in four years.
NY Times:
- More than three-quarters of small US businesses polled last month plan to increase spending on technology tools such as computer software and Web sites by 20% in the next two to three years, citing a survey to be released by Hewlett-Packard.
San Francisco Chronicle:
- Oakland became the first large US shipping port to automatically scan cargo containers for radioactive material.
La Tribune:
- Lazard Ltd., the investment bank headed by Bruce Wasserstein, plans to have its shares trading on the NYSE on May 5:
Die Welt:
- Almost one third of Europeans suffer from mental illnesses such as panic attacks, depression, the effects of stroke and migraine, citing a study by the European Brain Council.
No comments:
Post a Comment