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  • *Tencent, banks and regulators stand in Alibaba's way. HONG KONG/ BEIJING, April 3- Alibaba, the world's biggest e-commerce company, changed how China shops. Joe Tsai, executive vice chairman of Alibaba Group Holding Ltd, sees an Alibaba future that stretches from banking to education, travel to entertainment.

  • WASHINGTON, April 2- Criticism is rising within the U.S. Securities and Exchange Commission over the structure of a new regulatory body that assesses risk in the financial markets, with some commissioners saying they are being wrongfully excluded from the group's critical decision-making process.

  • *MannKind shares soar as diabetes drug gets FDA backing. NEW YORK, April 2- The S&P 500 closed at another record high on Wednesday as signs of steady private-sector hiring suggested that the economy was slowly building momentum after a winter-related pullback.

  • The IPOs raised $3.27 billion, more than four times the amount in the first quarter of 2013, according to the National Venture Capital Association. Those included Twitter Inc, which raised $2.1 billion in November, Facebook Inc's $16 billion in May 2012 and Yandex NV raising $1.3 billion in May 2011.

  • *China gold at premium to London, first time since early March. NEW YORK, April 2- Gold rose about 1 percent on Wednesday, its largest gain in three weeks, on bargain hunting in the precious metal after two straight days of losses, traders said. Gold futures' most-active contract, June, settled up 0.8 percent, or $10.80, at $1,290.80 an ounce.

  • WASHINGTON, April 2- House of Representatives Republican leaders on Wednesday predicted passage of a budget blueprint offered by Representative Paul Ryan, despite criticism from conservative Tea Party activists who said the plan would not eliminate federal deficits quickly enough.

  • Tesla headed to court over New Jersey sales rules Wednesday, 2 Apr 2014 | 4:40 PM ET
    People walk past a Tesla motor company dealership.

    Tesla intends to appeal New Jersey's ruling that would stop it from selling its vehicles in the state within two weeks.

  • WASHINGTON, April 2- The U.S. Commerce Department could help energy companies start to bypass a 40- year ban on most U.S. crude oil exports by allowing shipments of a type of petroleum that has become abundant during the energy boom, a key senator said on Wednesday.

  • SAFT ON WEALTH-Break the money market buck Wednesday, 2 Apr 2014 | 4:37 PM ET

    Any policy other than allowing all money market funds to fluctuate in value, as they surely do anyway, rather than adopting the protective coloring of an artificial $1.00 share price is a huge mistake and a disservice to investors and taxpayers alike.

  • WASHINGTON, April 2- The U.S. Supreme Court on Wednesday struck down a key pillar of federal campaign finance law by allowing donors to give money to as many political candidates, parties and committees as they wish.

  • April 2- The U.S. Supreme Court on Wednesday struck down a key pillar of campaign finance law by allowing wealthy donors to give money to as many political candidates, parties and committees as they wish.

  • NEW YORK, April 2- A lawyer for a former JPMorgan Chase& Co trader accused of helping to hide trading losses tied to a $6.2 billion financial scandal said on Wednesday his client was open to leaving France to voluntarily face U.S. criminal charges.

  • ANN ARBOR, Mich., April 2- President Barack Obama, needing a spark to nudge Democratic voters to the polls in November, pressed his case on Wednesday for job-creation measures that have little chance of passing Congress.

  • NEW YORK, April 2- A New York state judge has dismissed a lawsuit brought by an investor in a fund managed by Tremont Group Holdings, one of the largest feeders of funds into Bernard Madoff's Ponzi scheme.

  • NEW YORK, April 2- The S&P 500 closed at another record high on Wednesday as private-sector labor market data suggested that the economy was slowly building momentum after a winter-related pullback earlier in the year.

  • LONDON/ ANKARA, April 2- Iran and Russia have made progress toward an oil-for-goods deal that sources said could be worth up to $20 billion and enable Tehran to boost vital energy exports in defiance of Western sanctions, people familiar with the negotiations told Reuters.

  • NEW YORK, April 2- U.S. The fact that the data did not disappoint pushed yields higher on the day, said Lou Brien, market strategist at DRW Trading in Chicago. In a separate report, Commerce Department data showed new orders for manufactured goods jumped 1.6 percent in February, the biggest rise since September.

  • District Judge Jed Rakoff in Manhattan said the "substantial additional information" provided by the SEC, "the unique circumstances of this case, and further guarantees of prompt payment of the proposed fines" justified approval, according to an order made public on Wednesday.

  • District Judge Jed Rakoff in Manhattan said the "substantial additional information" provided by the SEC, "the unique circumstances of this case, and further guarantees of prompt payment of the proposed fines" justified approval, according to an order made public on Wednesday.

  • April 2- A U.S. bankruptcy judge on Wednesday approved Detroit's plan to borrow $120 million from Barclays PLC to improve services in the cash-strapped city. Judge Steven Rhodes, who is overseeing Detroit's historic bankruptcy case, overruled objections by city creditors who took issue with the timing and structure of the loan.