BEIJING— At least 65 people were killed Saturday by an explosion at an eastern Chinese automotive parts factory that supplies General Motors, state media reported. The blast at the factory in the city of Kunshan in Jiangsu province also left more than 100 people injured, with many suffering severe burns, the official Xinhua News Agency said.» Read More
*Goldman Sachs and Morgan Stanley lead underwriters for offering. April 15- Moelis& Co's initial public offering has been priced at $25 per share- below its expected range- a market source said, valuing the independent investment bank at about $1.29 billion.
SAN FRANCISCO, April 15- Yahoo Inc on Tuesday forecast second-quarter revenue, excluding traffic acquisition costs, of $1.06 billion to $1.1 billion, in line with expectations for about $1.08 billion.
NEW YORK, April 15- BlackRock Inc, the world's largest money manager, paid Chief Executive Officer Laurence Fink $22.9 million in compensation last year, up 13.4 percent from $20.2 million the year before. Fink is also chairman of New York- based BlackRock, which manages $4.3 trillion in assets. BlackRock is scheduled to report first-quarter earnings on Thursday.
SAN FRANCISCO, April 15- Alibaba Group Holding Ltd accelerated revenue growth in the crucial fourth quarter, the company reported on Tuesday, a timely lift for the Chinese Internet company as it prepares for a highly anticipated public offering.
April 15- Twitter Inc said on Tuesday it bought social data provider Gnip for an undisclosed amount, signaling that it would take on a new role of packaging and selling data, a service in demand by business and government.
District Court judge on Tuesday stopped Massachusetts from implementing a ban on the sale of Zogenix Inc's prescription painkiller Zohydro, saying federal law superceded the state's action.
SAN FRANCISCO, April 15- Witnesses at an upcoming trial over no-hire agreements in Silicon Valley should not be allowed to offer evidence that Apple co-founder Steve Jobs was "a bully," four major tech companies argued in a court filing.
April 15- Moelis& Co's initial public offering has been priced at $25 per share, a market source said, valuing the independent investment bank at about $1.29 billion. The company's IPO raised about $162.5 million at that price, which was slightly below the expected price range of $26- $29 per share.
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.
April 15- U.S. health regulators have approved four Boston Scientific Corp implantable devices for heart patients, including a next generation of smaller defibrillators to treat abnormal heart rhythms, the company said on Tuesday.
NEW YORK, April 15- Apple Inc on Tuesday lost an attempt to dismiss lawsuits by state attorneys general accusing it of conspiring with five major publishers to fix e-book prices. Following a non-jury trial, Cote in July found that Apple from 2009 to 2010 conspired with the publishers to raise e-book prices and impede competitors such as Amazon.com Inc..
*Russia says Ukraine on brink of civil war. *Brent oil falls as investors weigh Libya, Ukraine.
BOSTON, April 15- Massachusetts' top securities regulator on Tuesday charged a company that marketed online telephone services with running a $1 billion pyramid scheme that targeted minorities, including Brazilian-Americans.
SAN FRANCISCO, April 15- Yahoo Inc barely managed to expand its core advertising business in the first quarter despite Chief Executive Marissa Mayer's two-year effort to revive growth at the Internet pioneer. Yahoo is trying to revitalize its business under Mayer, who took the reins about two years ago.
Reddit, majority owned by Conde Nast parent Advanced Publications, last month rolled out a new feature that lets users of the nine-year-old site post live updates, allowing them to report in real time.
April 15- Associated Materials Group Inc, a maker of home-building products, said on Tuesday it had decided to withdraw its plans for an initial public offering. Last July, the company, owned by buyout firm Hellman& Friedman LLC, filed with the U.S. Securities and Exchange Commission for an IPO of up to $100 million.
WASHINGTON, April 15- The U.S. State Department said on Tuesday it anticipates more Ukraine- related sanctions on Russia but suggested no action was likely before a diplomatic meeting in Geneva this week.
*Data due at 10 a.m. local time/ 0200 GMT. BEIJING, April 16- China is expected to report its slowest growth in five years on Wednesday, a Reuters poll shows, with signs of waning strength in the first quarter of 2014 already prompting government action to steady the world's second-largest economy.
TOYOTA CITY, Japan/ TOKYO, April 16- Toyota Motor Corp is set to post record growth for the year just ended- with a likely $10 billion surge in operating profit- but the mood at its HQ in Japan's prosperous automotive heartland is cautious as executives warn of a leaner year ahead.
April 15- Detroit reached its first deal with a retired workers group on Tuesday over pension and healthcare benefits and was close to a deal with at least one of its pension funds, giving a major boost to the city's plan to exit bankruptcy in October.