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THE WORLD'S TODAY FINANCIAL NEWS ON APRIL 22, 2015
Wednesday, April 22, 2015


U.S. stock futures dropped in early trading, after Wall Street closed lower Tuesday, reversing gains earlier in the session. Three more Dow stocksrelease earnings this morning: Boeing (BA), Coca-Cola (KO), and McDonald's(MCD). (CNBC)
Yahoo (YHOO) late Tuesday reported earnings and revenue that were below expectations. Separately, Yahoo said it's hired advisors to consider options for its $9 billion stake in Yahoo Japan . (CNBC & Reuters)
Google (GOOG) is set to launch a new wireless service as soon as today that allows customers to pay only for the data they use. Sprint (S) and T-Mobile(TMUS) have agreed to carry the traffic on their networks. (WSJ)
Japan's Nikkei stock index closed above the psychologically-important 20,000 level today for the first time since April 2000. Financials were among the investor favorites. (CNBC)
The high-frequency futures trader accused of contributing to the U.S. stock market "flash crash" in May 2010 is due to attend an extradition hearing at a London court this morning. (CNBC)
The European Union today accused Russian energy giant Gazprom of raising barriers to competition in the gas markets of central and Eastern Europe, in a move that risks deepening a rift with Moscow. (WSJ-subscription)
The Justice Department is set to meet with Comcast (CMCSA) today about the media giant's proposed acquisition of Time Warner Cable (TWC). Comcast owns CNBC and NBCUniversal. (NY Times)
Meanwhile, NBCUniversal and Fox have joined Disney's ESPN in protesting against Verizon 's (VZ) move to allow customers to pay less for a smaller, customized package of TV channels. (LA Times)
A Senate panel is poised today to advance one of President Barack Obama's top trade initiatives despite strong opposition from labor unions and other left-leaning groups. (AP)
The House Ways and Means Committee is holding a hearing this afternoon on trade, but the panel's Republican chairman, Rep. Paul Ryan from Wisconsin, joins CNBC's "Squawk Box" first at 8:30 a.m. ET.

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