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Stocks touch new heights...Great month for car buying...Run on visas for high-skill workers

Tuesday - 4/2/2013, 3:30pm  ET

NEW YORK (AP) -- The Dow has touched another record high today as reports on auto sales and factory orders offered fresh evidence of a strengthening economy. The Dow rose as much as 112 points this morning and remains more than 90 points higher in afternoon trading. The S&P 500 index is also near its record high.

DETROIT (AP) -- March is turning out to be the best month for auto sales in more than five years. Ford, Chrysler, Toyota, General Motors and Nissan all reported increases, with some reporting their best monthly totals since the start of the Great Recession in December of 2007. Analysts say low interest rates, an improving employment picture and flashy new vehicles are luring buyers

WASHINGTON (AP) -- The Homeland Security Department is expecting applications for high-skilled immigration visas to outpace the available supply in a matter of days. The race for the visas by tech firms such as Microsoft, Apple and Google began yesterday and requests will be accepted through at least Friday. If they exceed the 85,000 available, U.S. Citizenship and Immigration Services will use a lottery to pick which companies get visas for prospective employees.

PARIS (AP) -- Regulators in six European countries are taking joint action aimed at forcing Google to overhaul its privacy policy. Led by France, organizations in Britain, the Netherlands, Germany, Spain and Italy charge that Google has left customers in the dark about personal information the company has about them and how long it is kept. Last year the company merged 60 separate privacy policies into one universal procedure.

DETROIT (AP) -- Subaru is recalling thousands of Legacy and Outback all-wheel-drive vehicles because the brake lines can rust and leak fluid. The recall affects cars from the 2005 through 2009 model years sold in states where salt is used to clear roads in the winter. Subaru says the fluid leaks could cause longer stopping distances, increasing the risk of a crash.


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