Yellen: Job market makes Fed hesitant on rate hike At Jackson Hole, central bankers eye varying goals Jackson Hole demonstrators rally against rate hike Stocks are mostly lower as Ukraine tensions flare McDonald's names new US president again Oregon sues Oracle over failed health care website Coal gas boom in China holds climate change risks Goldman in deal worth $1.2 B over US bond claims Advocacy group asks for Chrysler investigation Keurig strikes deal with Kraft on coffee brands» Read More
BOSTON, April 16- Templeton bond fund manager Michael Hasenstab, a major investor in Ukraine debt, maintained his exposure to the crisis-torn country in one of his small emerging-market funds.
SYDNEY, April 17- The yen wallowed at one-week lows against the dollar early on Friday, having eased broadly overnight as a rally in global stocks dented demand for the safe-haven currency. The dollar bought 102.22 yen after rising 0.3 percent on Wednesday, while the euro reached a two-week high of 141.77 yen before edging back to 141.22 yen.
WASHINGTON, April 16- The U.S. Navy on Wednesday said it would delay the commissioning of the North Dakota, a new Virginia-class submarine that was due to enter active service on May 31, to carry out more design work and resolve quality problems with certain components.
April 16- Bank of America Corp's financial crisis hangover is lasting longer than expected, leading some investors to wonder if the massive litigation expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.
SAN FRANCISCO, April 16- Sony Corp sold more than 7 million PlayStation 4 units as of April 6 and is struggling to keep pace with demand for the video game console, the company said on Wednesday.
April 16- Fiat Chrysler Automobiles will announce an agreement by the end of April to allow production of Jeep models in China, the head of the Jeep brand, Mike Manley, said on Wednesday.
BRASILIA, April 16- Despite a mushrooming scandal at state-run oil company Petrobras and bad news on the economic front, Brazil's President Dilma Rousseff is still the hands-down favorite to win the elections in October, according to a new poll on Wednesday.
April 16- Yahoo Inc, which posted anemic first-quarter revenue growth, said it has nominated three new members to its board. The three members include billionaire Charles Schwab, namesake chairman and chief executive of discount broker Charles Schwab Corp..
*AstraZeneca, Pfizer, UK charity link in multi-drug trial. Instead of testing one drug at a time, a novel lung cancer study announced on Thursday will allow British researchers to test up to 14 drugs from AstraZeneca and Pfizer at the same time within one trial.
*First-quarter revenue falls 4 pct to $22.5 bln. April 16- IBM Corp reported its lowest quarterly revenue in five years on Wednesday as the company struggles with falling demand for its storage and server products. Total revenue fell 4 percent to $22.5 billion in the first quarter, below analysts' average estimate of $22.91 billion.
SAN FRANCISCO, April 16- SanDisk Corp increased its outlook for gross margins in 2014 as fast-growing sales of its high-end solid-state drives helped offset volatile prices for memory chips.
NEW YORK, April 16- Citigroup Inc, which aspires "to become the world's digital bank", will not webcast its annual meeting next week in St. Louis. Of the top six U.S. banks, only Citigroup and Wells Fargo& Co do not allow investors to listen to live audio from their annual meetings.
NEW YORK/ HOUSTON, April 16- Serious crashes in the bustling Bay of Galveston have fallen to the lowest level in a decade even as more oil moves on U.S. waterways, official data show, suggesting that better training and equipment are helping avert spills like one in March.
*First-quarter earnings of $1.33/ share vs est $1.30. April 16- American Express Co's quarterly profit beat analysts' average estimate as a tighter control on expenses helped make up for slower growth in consumer spending in its key U.S. market.
SAN FRANCISCO, April 16- Sony Corp has sold over 7 million Playstation 4 video game consoles as of April 6, the company said on Wednesday. In February, the Japanese company said it surpassed its full-year target of 5 million units by the end of March.
April 16- General Motors Co said on Wednesday that it has set up a new fast-track ordering system to accelerate the shipment of parts needed to fix an ignition switch defect that has forced the automaker to recall 2.6 million of its compact cars.
April 16- The New York attorney general is probing more than half a dozen high-speed trading firms, a person familiar with the matter said on Wednesday, as part of his wide-ranging probe into alleged unfair technology advantages on Wall Street.
WASHINGTON, April 16- Justice Samuel Alito is no longer recusing himself from two upcoming U.S. Supreme Court business cases, including a challenge by broadcast networks to online TV startup Aereo Inc..
April 16- IBM Corp reported its lowest quarterly revenue in five years as the company struggles with falling demand for its storage and server products. IBM reported revenue of $21.71 billion in March 2009.
BofA Merrill Lynch, Citigroup and RBC Capital Markets are the underwriters to the IPO, the San Francisco- based company told the U.S. Securities and Exchange Commission in a preliminary prospectus. Zoosk is backed by venture capital firms including Canaan VIII LP, ATA Ventures and Bessemer Venture Partners.