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Carlyle eyes $7.5-$8 billion valuation in IPO: source

Carlyle Group LP is eyeing a market valuation of $7.5 billion to $8 billion in an initial public offering, as the U.S. private equity firm prepares to kick off a marketing blitz to investors, perhaps as soon as next week, said a source with knowledge of the situation.

Iran Stops Oil Exports To Spain: Report

Iran Oil
Iran has stopped oil exports to Spain in retaliation to the European Union ban on Iranian crude imports that comes into force in July, the Mehr News Agency has reported, citing sources familiar with the situation.
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House to take up cybersecurity bill with revisions

The U.S. House of Representatives will take up a cybersecurity bill at the end of April that lets the government and corporations share information about hacking attacks on U.S. networks, with amendments intended to ease civil liberties concerns, lawmakers said on Tuesday.
The states with the most and the fewest teenage births

U.S. Teenage Birth Rates Fall To Historic Lows

Teenage birth rates in the United States have fallen by 9 percent from 2009 to 2010, reported the National Center for Health Statistics. They have never been so low since measuring began in 1946.
Yang Liwei Waves Before Takeoff in 2003

Chinese Space Program Leaps Forward, Set To Deliver Women to Space

China's space program remains far behind the U.S. in sophistication and technological advancement, but this summer the People's Republic is expected to carry out another two historic firsts. The summer 2012 mission is predicted to make history by sending China's first female astronaut into space and will be China's first manned space docking.
Traders on the floor of the New York Stock Exchange

Wall Street Plummets Below Key Support Level

Wall Street felt tremors Tuesday afternoon as the S&P 500 Index, Nasdaq Composite Index and Dow Jones Industrial Average both dropped precipitously following declines in European equity markets.
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RIM losing money on BlackBerry hardware: analyst

Research In Motion Ltd likely lost money on sales of its BlackBerry smartphones and PlayBook tablet computers in the fiscal year just ended, an analyst said on Tuesday after studying the company's latest data.
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Court rules Pfizer can face some asbestos suits

A federal appellate court ruled on Tuesday that drugmaker Pfizer can face asbestos liability suits in state court over products once manufactured by a bankrupt subsidiary, dragging out a dispute that has already lasted more than 30 years.
Global soybean supplies are down while U.S. exports rise.

Global Soybean Output Drops, Futures Rise: USDA

U.S. soybean exports are up 15 million bushels for the 2011/12 crop year and soybean prices are expected to rise, while global oil seed production is down 5.2 million tons as South American soybean production plummets because of warm weather and low rainfall, a report by the U.S. Department of Agriculture said Tuesday.
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Fannie, Freddie loan write downs possible: regulator

The regulator for Fannie Mae and Freddie Mac said on Tuesday it might make sense for the housing finance companies to write down loan principal under an Obama administration plan, but further study was needed.
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U.S. court rules Pfizer can face asbestos suits

A federal appellate court ruled on Tuesday that drugmaker Pfizer can face asbestos liability suits in state court over products once manufactured by a bankrupt subsidiary, dragging out a dispute that has already lasted more than 30 years.

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