| Positive momentum on Wall Street appears to be running out of steam this week, with U.S. stock futures sharply lower early this morning. The Dow andS&P 500 are shooting for a third straight positive week. (CNBC) |
| Friday's March consumer price index is more important than usual since it is one piece of data that traders say could change their assumptions on Fed policy. Inflation has been stubbornly low. (CNBC) |
| The earnings deluge this week lets up considerably today, but Dow stockGeneral Electric (GE) this morning reported adjusted profit that slightly beat expectations, while revenue missed. Last week, the company announced an agreement to sell the bulk of its GE Capital assets. (CNBC) |
| American Express (AXP), another Dow stock, released late Thursday mixed results, with earnings beating expectations but revenue falling short. The company blamed, in part, the stronger dollar. (CNBC) |
| Schlumberger (SLB) is cutting an additional 11,000 jobs, because of aslowdown in drilling activity, especially in North America. The oilfield services giant beat on earnings but missed on revenue. (CNBC) |
| Bloomberg confirmed that its trading terminal experienced an outage this morning, with some users saying they were unable to perform their usual trading activity. (CNBC) |
| Verizon (VZ) is rolling out a new pay TV plan to allow consumers to choose bundles of channels they want to see, hoping the flexibility will lure customers away from cable rivals and online upstarts. (CNBC) |
| Google (GOOG) is about to change the way its influential search enginerecommends websites on smartphones and tablets in a shift that's expected to sway where millions of people shop, eat and find information. |
| The Apple Watch is launching next Friday, but the devices won't be availableto buy in stores initially, according to an internal memo. Customers are asked to order online. (NY Times) |
| Under a new agreement with search partner Microsoft (MSFT), Yahoo(YHOO) will be allowed to deliver its own search results and ads for up to half the searches made by visitors to its sites and apps. (NY Times) |
| Ford (F) is expected to announce today it'll invest $2.5 billion in Mexico to build new engines and transmissions as part of a drive to increase fuel efficiency across its product portfolio. (USA Today) |
| WikiLeaks has made more than 30,000 documents, including emails and email addresses, from last year's Sony Pictures hack available to the public.Sony (SNE) strongly condemned the actions. (NBC News) |
| Lawmakers have given the White House a key tool to influence the global landscape, according to Wisconsin Republican Rep. Paul Ryan, in the form of a bipartisan bill to "fast track" free trade deals. (CNBC) |
| The Oklahoma City National Memorial & Museum is hosting its remembrance ceremony on Sunday, 20 years after the attack on the Alfred P. Murrah Federal Building. (KFOR.com) |