Business News
Legendary, China Film teaming to make blockbusters
Hollywood studio Legendary teams with state-owned China Film to make big-budget blockbusters
Japan deflation persists, industrial output falls
Japan's deflation persists in April, industrial output falls despite month-on-month gains
Asian stock markets mixed after US lukewarm data
Asian stock markets show mixed results after US data suggest Fed will still support economy
US economy grew at modest 2.4 pct. rate in Q1
US economy grew at 2.4 pct. annual rate in January-March quarter, helped by consumer spending
Japan suspends imports after modified wheat found
Japan suspends wheat imports from Pacific Northwest after modified wheat discovered in Oregon
McDonald's CEO: I lost weight by being more active
McDonald's CEO says he lost 20 pounds by being more active, but he still eats McDonald's daily
Dish tops Sprint's bid for Clearwire ahead of vote
Dish tops Sprint's bid for Clearwire ahead of Friday vote with $6.9 billion offer
Applications for US unemployment aid rise to 354K
Weekly US jobless aid applications rise to 354,000, a level consistent with modest job gains
Oil rises on signs US economy still needs stimulus
Oil rises as US economic data indicates Fed can keep current stimulus measures in place
Indexes edge up as Fed slowdown fears ebb
Banks, technology stocks lead modest advance; tepid GDP growth quashes Fed slowdown concerns
Sprint says panel clears proposed sale to Softbank
Sprint says Treasury Department committee clears Softbank's proposed acquisition of Sprint
OPEC to meet amid Iran-Saudi tensions
OPEC oil ministers' meeting overshadowed by Iran-Saudi rivalry, oversupply of crude
EU gets political deal on fisheries reform
EU gets deal on fish reform to restore stocks, drastically cut discards of fish
Petraeus gets job with investment firm KKR
KKR names retired general, former CIA Director David Petraeus to chair new global institute
Signed contracts to buy US homes at 3-year high
Measure of signed contracts to buy US homes rises to highest in 3 years in April
Bon Jovi drops concert fee for crisis-hit Spain
Report: US rock star Bon Jovi waives Spain performance fee as gesture to crisis-hit fans
French president's wine auctioned to raise funds
French president's palace puts vintage wine up for auction to raise money amid tough times
Hollande, Merkel call for full-time eurozone boss
French, German leaders agree on need to have a full-time president for 17-country eurozone
Feds in NY: Costa Rica money biz a hub for crooks
Federal prosecutors in NY: Costa Rica money transfer company a hub for 'fraudsters, hackers'
US rate on 30-year mortgage rises to 3.81 pct.
Average US rate on 30-year mortgage jumps to 3.81 percent, highest in a year



