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  • April 16- Gap Inc expects its sales in China to triple in the next three years to $1 billion, making the country its second largest market, the retailer said on Wednesday. "We can push Old Navy deep into China," said Jeff Kirwan, president of Gap Inc's greater China business, speaking at the retailer's investor day, which was webcast.

  • CEO of regional carrier PSA Airlines to retire Wednesday, 16 Apr 2014 | 1:53 PM ET

    FORT WORTH, Texas— PSA Airlines, which operates regional flights for US Airways, says that its CEO and president will retire and be replaced by the president of US Airways Express. The company said Wednesday that Keith Houk, 66, will retire on Aug. 31 after more than 25 years at PSA Airlines including nine as CEO.

  • GM to seek court protection against ignition suits Wednesday, 16 Apr 2014 | 12:30 PM ET
    General Motors headquarters, April 1, 2014, in Detroit

    GM will ask a bankruptcy court to bar plaintiffs from proceeding with lawsuits related to any actions before it filed for bankruptcy in 2009.

  • April 16- Signaling a tougher stance toward legal claims stemming from its recent recall over faulty ignition switches, General Motors Co said it will ask a U.S. court to bar lawsuits related to actions before its 2009 bankruptcy.

  • April 16- General Motors Co said it would ask a U.S. bankruptcy court to bar plaintiffs from proceeding with lawsuits against the automaker for claims related to any actions before it filed for bankruptcy in 2009.. The Texas case was in Re: Charles Silvas and Grace Silvas vs. General Motors LLC in the U.S. District Court, Southern District of Texas, No. 2:14- CV-00089.

  • April 16- Canadian grocer Metro Inc posted a higher-than-expected quarterly profit as a reorganization of its Ontario operations boosted sales and the company raised its dividend.

  • April 16- Bond insurer Financial Guarantee Insurance Co said it had reached an agreement with Bank of America Corp to settle litigation related to nine second-lien residential mortgage-backed securitizations FGIC had insured.

  • China defaults mount among inter-company loans Wednesday, 16 Apr 2014 | 1:52 AM ET

    Shipbuilder Sainty Marine Corp Ltd on Tuesday became the latest listed firm to report that it had failed to receive principal and interest repayments on a 900 million yuan loan to a property developer. The same day, Qiaqia Food Co Ltd announced that it would launch a lawsuit against another food producer for failing to pay interest on a 40 million yuan loan.

  • District Judge David Carter in Santa Ana, California, nonetheless gave S&P, a unit of McGraw Hill Financial Inc, access to evidence that the lawsuit may have been in retaliation for the agency's Aug. 5, 2011 decision to lower the U.S. credit rating to "AA-plus" from "triple-A."

  • NEW YORK, April 15- General Motors Co. will create a new global product integrity organization that will focus on product safety and quality, said GM Chief Executive Mary Barra in a speech on Tuesday.

  • KRAMATORSK/SLAVIANSK, Ukraine, April 15- U krainian forces launched a "special operation" on Tuesday against separatist militia in the Russian-speaking east, authorities said, although aside from a landing by airborne troops the action was limited.

  • WEST, Texas, April 15- Not far from an enormous crater where a fertilizer plant stood before an explosion there killed 15 people, lifeless and uprooted trees surround boarded-up homes spray-painted with "OK."

  • April 15- Post-it notes maker 3 M Co said its board opposed a proposal by shareholder James McRitchie to allow investors holding enough shares to take a particular action through written consent without putting it to a vote.

  • Shooting reported in Ukraine's east. By Richard Balmforth and Gabriela Baczynska. KIEV/ KRAMATORSK, Ukraine, April 15- Ukrainian armed forces on Tuesday launched a "special operation" against militiamen in the country's Russian speaking east, authorities said, recapturing a military airfield from pro- Moscow separatists.

  • Noble Energy CEO Charles Davidson to retire Tuesday, 15 Apr 2014 | 9:03 AM ET

    HOUSTON— Noble Energy CEO Charles Davidson is retiring in the fall after more than a decade leading the oil and gas producer. Stover, 56, joined Noble Energy in 2002. Before that, he worked at oil companies BP, Vastar Resources and Atlantic Richfield.

  • The lawsuit, filed on Monday afternoon, sought civil damages, a public apology and data from water quality testing in the past year from Lanzhou Veolia Water Co., a local unit of French firm Veolia Environment, according to the Modern Jinbao newspaper, citing Wu Tianying, one of the Lanzhou residents who filed the suit.

  • April 14- Herbalife Ltd was hit with a shareholder class action lawsuit Monday accusing the multilevel-marketing company of failing to disclose to investors that its operations were based on a pyramid scheme.

  • April 14- Herbalife Ltd was hit with a shareholder class action lawsuit Monday accusing the multilevel-marketing company of failing to disclose to investors that its operations were based on a pyramid scheme.

  • April 14- Credit Suisse AG has hired Jim Spencer from Lazard Ltd as head of financial institutions investment banking for the Americas, according to an internal memo seen by Reuters on Monday. Spencer will join Credit Suisse in October as a managing director based in New York. At Lazard, Spencer headed its U.S. banks advisory practice.

  • Levi names Wal-Mart exec to head up e-commerce Monday, 14 Apr 2014 | 3:35 PM ET

    SAN FRANCISCO— Levi Strauss& Co. has hired a Wal-Mart executive to head up its e-commerce business. The privately held San Francisco clothing company said Monday that Marc Rosen will join Levi in May as executive vice president and president of global e-commerce. Rosen worked most recently as senior vice president of global e-commerce at Wal-Mart Stores Inc..

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Wednesday, 16 Apr 2014 | 1:00 PM ET

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