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  • NEW YORK, April 4- Wing Chau, an investment adviser made infamous in the "The Big Short," a best selling book about the financial crisis, wept on the witness stand during his trial on Friday before yelling "Shame on you!"

  • China, the world's No. 1 pork consumer, and Japan have imposed "temporary restrictions" on U.S. pig imports until their agriculture ministries reach agreements with the United States on testing animals for the Porcine Epidemic Diarrhea virus, or PEDv, said Tony Clayton, president of the Livestock Exporters Association of the USA.

  • CORPUS CHRISTI, Texas, April 4- A U.S. federal judge refrained on Friday from issuing an emergency order that would have parked millions of General Motors Co cars recalled for defective ignition switches linked to at least 13 deaths.

  • WASHINGTON, April 4- The United States on Friday criticized proposals to build a European communication network to avoid emails and other data passing through the United States, warning that such rules could breach international trade laws.

  • Mexico flagship airline Mexicana declared bankrupt Friday, 4 Apr 2014 | 5:48 PM ET

    MEXICO CITY, April 4- Mexicana airlines, which suspended flights four years ago due to its heavy debt load, was declared bankrupt on Friday, paving the way to dismantle the iconic company, once one of Mexico's top two carriers.

  • April 4- Canadian private equity firm Onex Corp and Canada Pension Plan Investment Board said they would sell industrial conglomerate Gates Corp to private equity firm Blackstone Group LP for $5.4 billion.

  • NEW YORK, April 4- Goldman Sachs Group Inc's board lifted a key performance target that the bank must reach for Chairman and Chief Executive Lloyd Blankfein to redeem a new long-term incentive stock award, according to a proxy filing on Friday.

  • UNITED NATIONS, April 4- The United States on Friday dismissed suggestions that Iran was exporting much more oil than it is allowed to sell under a preliminary nuclear deal with world powers and predicted that aggregate Iranian oil sales would meet targets set for Tehran.

  • NEW YORK, April 4- U.S. crude oil rose on Friday as data showed strong jobs growth in the United States and Brent crude followed suit as investors cast doubt on reports Libya's oil ports were about to reopen.

  • PARIS/ LONDON, April 4- France's Vivendi said on Friday that its board needed more time to weigh two bids for its SFR telecom business, leaving business and political circles in suspense over a month-long, 15 billion euro takeover battle.

  • *E* Trade and Netflix weigh on S&P 500 and Nasdaq. NEW YORK, April 4- Momentum shares like Netflix and TripAdvisor sold off sharply for a second straight day on Friday, giving the Nasdaq its worst day since February and leaving investors anxious about how much further they may fall.

  • Brazil electric grid operator cuts reservoir view Friday, 4 Apr 2014 | 4:56 PM ET

    SAO PAULO, April 4- Brazil's electric grid operator ONS cut its forecast on Friday for water levels in the country's major southeastern and mid-west reservoir system, a setback in Brazil's struggle to avoid crippling power blackouts and electricity rationing.

  • UNITED NATIONS, April 4- The United States on Friday dismissed suggestions that Iran was exporting much more oil than it is allowed to sell under a preliminary nuclear deal with world powers and predicted that aggregate Iranian oil sales would meet targets set for Tehran.

  • April 4- Onex Corp and Canada Pension Plan Investment Board said they would sell Gates Corp to private equity firm Blackstone Group LP for $5.4 billion. Gates is a division of Tomkins, which Onex and CPPIB jointly bought in 2010 for about $5 billion. The sale is expected to close later this year, the companies said.

  • SAN FRANCISCO, April 6- The personal data gathering abilities of Google, Facebook and other tech companies has sparked growing unease among Americans, with a majority worried that Internet companies are encroaching too much upon their lives, a new poll showed.

  • April 4- Oil and natural gas company Memorial Resource Development Corp filed with U.S. regulators on Friday to raise up to $700 million in an initial public offering of common stock. Citigroup was underwriting the IPO, Memorial Resource told the U. S Securities and Exchange Commission in a preliminary prospectus.

  • NEW YORK, April 4- U.S. Employers added 192,000 new jobs last month, after adding 197,000 jobs in February, the Labor Department said. "The markets were disappointed," said Dimitri Delis, a fixed-income strategist at BMO Capital Markets in Chicago.

  • NEW YORK, April 4- U.S. stocks fell on Friday as momentum shares like Netflix and TripAdvisor sold off for a second straight session, giving the Nasdaq its biggest daily percentage loss since early February. The Dow Jones industrial average fell 159.84 points or 0.96 percent, to end unofficially at 16,412.71.

  • WASHINGTON/ PARIS, April 4- Boeing Co, the world's biggest airplane manufacturer, on Friday said it received a license this week from the U.S. Treasury Department to export certain spare parts for commercial aircraft to Iran as part of a temporary sanctions relief agreement reached in January.

  • *E* Trade and Netflix weigh on S&P 500 and Nasdaq. NEW YORK, April 4- U.S. stocks fell sharply on Friday as momentum shares like Netflix and TripAdvisor sold off for a second straight session, putting the Nasdaq on track for its second-worst day of the year.