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  • DETROIT, April 1- U.S. consumer demand for new vehicles began to thaw in March, with Detroit automakers reporting mixed sales results on Wednesday. Ford Motor Co beat analysts' expectations, while General Motors Co fell short and Fiat Chrysler Automobiles was in line with forecasts. That buoyant sentiment was reflected in higher vehicle transaction prices,...

  • US STOCKS-Wall St edges lower after ADP report Wednesday, 1 Apr 2015 | 9:43 AM ET

    NEW YORK, April 1- U.S. stocks dipped at the open on Wednesday as a weaker-than-expected report on private sector employment raised concerns that Friday's impending jobs report could also point to worsening conditions in the labor market. "The correlation between ADP and the payroll report isn't terribly strong, but given the size of the miss, this could cause...

  • NEW YORK— Stocks are opening April on a weak note, continuing their downward trajectory from the day before. The Dow Jones industrial average gave up 94 points, or 0.6 percent, to 17,660 as of 9:35 a.m. Eastern time Wednesday. The price of oil rose 34 cents to $47.94 a barrel in New York.

  • US STOCKS-Futures point to lower open after ADP report Wednesday, 1 Apr 2015 | 8:39 AM ET

    NEW YORK, April 1- U.S. stock index futures pointed to a lower open on Wednesday as a weaker-than-expected report on private sector employment raised concerns that Friday's impending jobs report could also point to worsening conditions in the labor market. "The correlation between ADP and the payroll report isn't terribly strong, but given the size of the miss,...

  • DETROIT, April 1- Fiat Chrysler Automobiles on Wednesday said U.S. vehicle sales rose 2 percent in March, meeting analysts' expectations. That higher confidence was reflected in higher vehicle transaction prices, according to TrueCar Inc. The online consumer marketplace estimated the average price of a new vehicle in March rose to $32,201, up 2.1 percent from a...

  • 5 things to know about GM's revamped Chevy Malibu Wednesday, 1 Apr 2015 | 7:24 AM ET

    NEW YORK— General Motors tries again to gain traction in the popular midsize car segment with the introduction of the 2016 Chevrolet Malibu at the New York International Auto Show. Although U.S. buyers have flocked to car-based crossover sport utility vehicles, the midsize segment remained the biggest part of the market last year with sales of 2.59 million,...

  • 'General Hospital' leads Daytime Emmy nominations Wednesday, 1 Apr 2015 | 7:09 AM ET

    NEW YORK— ABC's " General Hospital" earned a leading 28 nominations for Daytime Emmy awards, with four of its stars competing for honors as top actor or actress. CBS' "The Bold and the Beautiful" and "The Young and the Restless" and NBC's "Days of Our Lives" joined " General Hospital among the nominees for best soap opera. Best actress nominees for daytime drama were Peggy...

  • Simon calls off $16.8B bid to create mall colossus Wednesday, 1 Apr 2015 | 6:43 AM ET

    INDIANAPOLIS— Simon Property Group is calling off its hostile $16.8 billion takeover bid for Macerich, which would have tied together two of the nation's largest mall operators. The Indianapolis company upped its bid two weeks ago to $95.50 per share from $91, calling that its best and final offer and giving Macerich an April 1 deadline to respond.

  • GoDaddy hopes to raise up to $460 million in IPO Wednesday, 1 Apr 2015 | 6:25 AM ET

    NEW YORK— GoDaddy hopes to raise up to $460 million in an initial public offering that is priced above an earlier estimate from the web hosting company. The Scottsdale, Arizona company, known for its racy Super Bowl commercials, is offering 23 million shares at $20 apiece. The lead underwriters are Morgan Stanley& Co., J.P. Morgan Securities LLC and Citigroup Global...

  • *Gold fell 2.4 pct in March, second monthly loss. LONDON, April 1- Gold eased on Wednesday after ending March down more than 2 percent, as the dollar edged higher and as expectations that U.S. interest rates will rise this year weighed on the metal. Gold is particularly sensitive to shifts in U.S. interest rates, which also move the dollar, in which the metal is priced.

  • It takes something more audacious to sell beachfront property these days to the global ultra-wealthy who arrive in Miami with millions to spend on second or third homes. With a slew of residential and hotel developments, Miami is embracing the notion that homes, like cars, handbags and jewelry, should carry luxe designer labels. Miami is luring Argentinians,...

  • NY lawmakers OK budget: more school money, ethics rules Wednesday, 1 Apr 2015 | 2:54 AM ET

    ALBANY, N.Y.— New York state lawmakers approved a $142 billion state budget early Wednesday that increases funding for schools, revises teacher evaluations and enacts new legislative disclosure rules intended to address Albany corruption. "It's not an ideal world," Democratic Assembly Speaker Carl Heastie told reporters as the final bills were being printed.

  • March 31- A New York judge this week dismissed a lawsuit filed by the state's attorney general that accused HSBC Holdings Plc of ignoring a law designed to protect homeowners from foreclosure. The lawsuit, filed in 2013 by New York Attorney General Eric Schneiderman, alleged HSBC violated a state law requiring lenders to file paperwork, known as a request for...

  • The trial for Sergey Aleynikov, 45, is scheduled to take place in Manhattan state court over a 2009 episode in which Goldman says he stole the computer code as he prepared to leave for a high-frequency trading startup. A Manhattan state judge ruled in 2013 that New York prosecutors could pursue Aleynikov even though the earlier case brought by federal...

  • NEW YORK— The bull market slowed to a trot but didn't stop this winter. Stocks have been buffeted since the start of the year by plunging oil prices, a surging dollar and worries about the timing of a potential rate increase by the Federal Reserve. None of that has been enough to keep the market from logging a small gain in the first three months of the year.

  • PRECIOUS-Gold edges up after March drop as dollar slips Tuesday, 31 Mar 2015 | 11:10 PM ET

    *Gold snaps 3- day fall, lost 2.4 pct in March. SINGAPORE, April 1- Gold kicked off April by climbing on Wednesday as the dollar retreated, but expectations the Federal Reserve is on course to lift interest rates this year capped bullion's gains. "There's some short-term support around $1,180, but I still believe the price will continue to go down given pressure from...

  • BUENOS AIRES, March 31- Argentina made an interest payment on its restructured debt on Tuesday, an economy ministry spokeswoman said, although the money would almost certainly not reach most bondholders due to international lawsuits over defaulted bonds. A U.S. judge has barred Argentina from paying interest on bonds that were restructured after its 2002...

  • Scion youth looks to sedan, hatchback to revive sales Tuesday, 31 Mar 2015 | 9:01 PM ET

    NEW YORK— Toyota is turning to a sporty hatchback and a low-cost sedan to restore some hipness— and sales— to its youth-oriented Scion brand. If it snags a few baby boomers along the way, so be it. Brand chief Doug Murtha says the new cars to be unveiled at the New York auto show this week stay true to the original mission.

  • FOREX-Dollar edges down vs yen after BOJ tankan Tuesday, 31 Mar 2015 | 8:34 PM ET

    TOKYO, April 1- The dollar edged down against the yen in early Asian trade on Wednesday, after the Bank of Japan's tankan survey of business sentiment showed that a weaker currency failed to improve Japanese corporate sentiment. The dollar slipped about 0.2 percent to 119.90 yen, touching its session lows after the tankan release and moving back toward a...

  • SINGAPORE, April 1- Gold steadied on Wednesday after falling for a second straight month in March as renewed bets that the Federal Reserve is on course to lift interest rates this year burnished the dollar's appeal. *Spot gold was little changed at $1,184.16 an ounce by 0011 GMT, after ending March with a loss of 2.4 percent. *The world's largest gold-backed...