JAPAN

US stocks end lower after Japan aftershock

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U.S. stocks ended lower on Thursday after a major aftershock in Japan triggered new fears about a nuclear crisis, but better-than-expected jobless claims data and monthly retail sales data held losses in check.

April 7 Japan earthquake: Radiation levels rise inside Onagawa nuclear plant

Radiation levels inside the Onagawa nuclear plant in the Miyagi prefecture, north-east of Japan, rose slightly as water spilled out of spent fuel pools after a strong 7.1-magnitude aftershock hit the region on Thursday night. But the company that runs the plant said there was no rise in radiation levels outside the plant.
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Traders work on the floor of the New York Stock Exchange

US stocks decline after Japan quake

U.S. stocks declined on Thursday after reports of another earthquake hitting Japan in less than a month, but markets were off their lows after a tsunami warning was lifted.

Japan lifts tsunami alert

Japan’s NHK World TV reported that all tsunami alerts in the country have been lifted, following a 7.4-magnitude earthquake that struck off the ruined northeastern coast.
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Delta Air Lines Shares Hit New Low

Shares of Delta Air Lines Inc. (NYSE: DAL) touched a new 52-week low of $9.31 on Wednesday. The company said its load factor for the month of March declined 4.5 percentage points to 79.7 percent from 84.2 percent last year.
 YouTube

As Google aims to compete with TV, will YouTube lose its charm?

With Google gearing up to infuse massive amount of money to turn YouTube into a competition for TV, the popular video sharing website, which has grown into its role in the world of internet as a social platform for the users, stands a risk of losing its charm.
Bernanke testifies on Capitol Hill in Washington

Federal Reserve Must Implement QE3, Says NIA (FULL TEXT)

Gold is the world's most stable asset and the best gauge of inflation. The National Inflation Association (NIA) says this brand new breakout in the price of gold leads us to believe that the Federal Reserve is getting ready to unleash QE3 at the end of June.

NGP Release Going As Planned, Says Sony

The statement counters a previous statement made by Sony America president Jack Tretton, who yesterday said that Sony may be forced to stagger the release of their next portable to keep with demand.

Column: Japan, supply chains and Adam Smith

Should the spreading economic aftermath of the earthquake in Japan cause us to unravel global supply chains that seem suddenly all too vulnerable to shortages and shutdowns? Adam Smith would say No. The philosophical founding father of globalization would urge us, not to undo our worldwide lines of supply for component parts and raw materials, but to improve them.
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Genpact paying $550 mln for Headstrong to expand in U.S.

Genpact Ltd (NYSE: G), the outsourcing company spun off from General Electric Co., has agreed to acquire privately-held IT services provider Headstrong Corp. for $550 million in cash to expand its operations in the United States.

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