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  • Stone Mountain, Ga., April 1- U.S. financial regulators are struggling to agree on how to tackle the huge network of lenders operating outside of traditional banking channels, as worries grow that the lack of oversight over this system is increasing systemic risks. Shadow banks provide an estimated 40 percent of credit in the United States. "There are unresolved...

  • April 1- California's state treasurer sent a stern letter to the state's teachers' pension fund on Wednesday, asking that the fund's managing partner, Cerberus Capital Management, fully divest from the assault weapon manufacturer, Freedom Group. Chiang asked that Cerberus' leadership attend CalSTRS' Investment Committee meeting on Friday "to explain why the...

  • Dish, Time Warner come to new agreement Wednesday, 1 Apr 2015 | 1:22 PM ET

    April 1- Dish Network Corp and Time Warner settled on a new agreement Wednesday that will allow Dish subscribers continued access to Turner Broadcasting and HBO programming. The new contract, the details of which were not disclosed, was announced by Turner and Time Warner on Wednesday. "We're pleased that the Dish customers we all serve can continue to enjoy...

  • WASHINGTON, April 1- U.S. private employers added the smallest number of workers in more than a year in March and factory activity hit a near two-year low, fresh signs that economic growth slowed significantly in the first quarter. "The economy hit yet another rough spot in the first quarter... which is one of many factors that will make it difficult for the Fed to...

  • BRENT CRUDE HITS SESSION HIGHS AFTER WHITE HOUSE, GERMAN FOREIGN MINISTER COMMENTS ON IRAN NUCLEAR TALKS.

  • April 1- California State Treasurer John Chiang sent a stern letter to the state's teachers' pension fund on Wednesday, asking that the fund's managing partner, Cerberus Capital Management, fully divest from the assault weapon manufacturer, Freedom Group. Chiang said he was frustrated that the manufacturer of the assault weapon used in the killing of 20...

  • April 1- Wal-Mart Stores Inc is looking at how it sources its products in an effort to reduce prices, especially as commodity prices fall globally, the head of the its U.S. division said on Wednesday. Last month Wal-Mart announced that it was investing $1 billion to raise the wages of half a million store employees. Shares of Wal-Mart were down 1.8 percent at $80.78.

  • First-quarter deal-making activity was more robust in Mexico than anywhere else in Latin America for only the second time in a decade. Thomson Reuters data shows the value of announced mergers and acquisitions in Mexico reached $8.64 billion, above Brazil's $8.51 billion. Illustrating how the tables have turned, $13.93 billion worth of M&A deals were...

  • LITTLE ROCK, Ark., April 1- Republican Arkansas Governor Asa Hutchinson on Wednesday rejected a religion bill he had said he would sign into law, reversing course after a national firestorm of criticism assailing such legislation as discriminating against gays and lesbians. The governor said his own son had asked him to veto it, adding a personal element to the...

  • WASHINGTON, April 1- China's bank technology restrictions and a draft anti-terrorism law may run counter to the country's international trade commitments, the U.S. Rules asking technology suppliers to Chinese banks to divulge source code, pushing China's state-owned banks to buy technology from domestic vendors, "may raise substantive concerns" about...

  • *Athens says will repay IMF as scheduled on April 9. *Athens prefers joint venture for biggest port. In an interview with German daily Der Spiegel, Interior Minister Nikos Voutsis said that if foreign creditors do not send Athens further funds by April 9, the government would first pay salaries and pensions and then come to an agreement with lenders on paying the...

  • *Focus shifts from Iran as nuclear talks go beyond deadline. "Clearly, there is a demand response underway by consumers to the low retail price," said John Kilduff, partner at New York energy hedge fund Again Capital. U.S. crude futures were up $2, or 4.2 percent, at $49.60 a barrel by 11:49 a.m. EDT.

  • ABUJA, April 1- A day after becoming the first politician in Nigerian history to succeed a sitting leader by ballot, president-elect Muhammadu Buhari promised on Wednesday to "spare no effort" to defeat Islamist militant group Boko Haram. The 72- year-old general, who first came to power three decades ago via a military coup and campaigned as a born-again...

  • UPDATE 2-U.S. auto demand begins to thaw in March Wednesday, 1 Apr 2015 | 12:07 PM ET

    *Top six automakers report mixed results. *Annualized sales rate rebounds from February dip. DETROIT, April 1- U.S. consumer demand for new vehicles began to thaw in March, with the top six automakers reporting mixed sales results on Wednesday.

  • In a complaint filed in Manhattan federal court, Tilton and her firm Patriarch Partners LLC said the SEC violated the U.S. Critics of administrative proceedings, which are handled by judges on the SEC payroll, say they can be unfair to defendants because discovery is limited, defense lawyers generally cannot take depositions, and there are no juries.

  • LONDON, April 1- The chances are growing of a formal devaluation of China's yuan against a weakening euro, analysts from Germany's Deutsche Bank, the currency world's second-biggest player, said in a note on Wednesday. The world's biggest currency trader, Citigroup, said last week that the People's Bank of China might shift its controlled yuan trading bands...

  • After dry spell, Italy hails M&A boom Wednesday, 1 Apr 2015 | 11:54 AM ET

    LONDON, April 1- Megers and acquisitions in Italy in the first three months of 2015 are already double the value of such transactions for all of the previous year, with hungry investors encouraged by Prime Minister Matteo Renzi's reforms. Italy was the third most-targeted country in Europe in the first quarter of the year, accounting for 11.6 percent of European...

  • April 1- Wall Street analysts may be inadequately accounting for the dollar's sharp first-quarter rally, setting up a scenario in which some multinational companies may miss already low earnings estimates and be punished with selloffs of their shares. North American public companies could give up more than $25 billion in revenues and 7 cents per share in...

  • CRUDE, BRENT UP $2 A BARREL, EXTENDING WEDNESDAY MORNING RALLY.

  • *Oil rallies as talks on Iran continue. NEW YORK, April 1- U.S. stocks fell for a second day and the dollar dipped after a weaker-than-expected report on private sector employment spurred investor concerns that a highly anticipated monthly U.S. jobs report on Friday could also point to slowing economic growth. However, oil futures rallied as talks over Iran's...