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THE WORLD'S TODAY FINANCIAL NEWS ON APRIL 2, 2015

April 02, 2015


U.S. stock futures were lower in early trading, continuing the negative startto the second quarter on Wall Street. Weaker jobs and manufacturing reports fanned concerns about economic growth. (CNBC)
International trade data, out at 8:30 a.m. ET, could provide a deeper look at the strong dollar's impact on the economy in the first quarter and may result in economists again cutting growth forecasts. (CNBC)
The onus for restoring oil prices back to equilibrium lies squarely on the shoulders of countries like the U.S. and not OPEC, a top Goldman Sachsanalyst told CNBC.
Oil was under pressure this morning, after Iran's foreign minister said talks with the U.S. and five other nations over curbing Tehran's nuclear program have made "significant progress." (AP)
Europe's competition regulator is laying the groundwork to move againstGoogle (GOOG) in the next few weeks, the Wall Street Journal reported,setting the stage for antitrust charges against the U.S. search giant. (CNBC)
A federal investigation of alleged stock manipulation related to activist investor Bill Ackman's attack on Herbalife (HLF) has turned to his claims that the company is breaking China's laws. (LA Times)
The CFTC has charged Kraft Foods (KRFT) and Mondelez (MDLZ) withmanipulating wheat futures and cash prices. Some alleged incidents cited were before the two companies split in 2012. (CNBC)
McDonald's (MCD) plans to give the 90,000 workers at its corporate-owned locations a more-than 10 percent pay raise. The move does not apply to employees at the franchises, which set their own wages. (CNBC)
Starting today, Americans can book lodging in Cuba with online home-rental service Airbnb-the latest U.S. business to make a strategic move there since the January detente between the U.S. and the island nation. (AP)
Lawmakers in Arkansas and Indiana are scrambling to revise controversial "religious freedom" measures as the Republican governors in both states try to quell the growing criticism that the proposals are anti-gay. (AP)
Democratic Sen. Robert Menendez of New Jersey is expected to appear in a Newark courtroom today, following a federal indictment on corruption allegations. Menendez has vowed to fight the charges. (USA Today)
California Gov. Jerry Brown has issued an executive order, imposing sweeping mandatory water restrictions as the state copes with a historic drought and water shortage. (USA Today)
On this eighth annual World Autism Awareness Day, social media users arevoicing their support using #LIUB, the Light It Up Blue hashtag. (Twitter)

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