TOP STORIES
BANKS' BUSINESS IN BLOCK TRADES FACES NEW RISK
Facing tighter regulations, Wall Street banks are turning to an
old-school way to make a profit: using their own money to help
investors sell big blocks of stock.
EASTERN UKRAINE'S PRO-RUSSIAN ACTIVISTS STAND FAST
Pro-Russian activists in eastern Ukraine said they won't vacate
government facilities they have occupied despite a compromise
agreement struck a day earlier by international powers in Geneva
that called on them to leave.
SOUTH KOREA FERRY CAPTAIN ARRESTED
South Korean authorities arrested the captain of the sunken
South Korean ferry as one of the crew confirmed accounts that the
captain, 69-year-old Lee Joon-seok, was among the first to abandon
the sinking ship.
SEARCH FOR MALAYSIA AIRLINES FLIGHT 370 CONTINUES
An underwater search of a remote stretch of southern Indian
Ocean seabed for the wreckage of Malaysia Airlines Flight 370
continued, with a deep-sea vehicle setting out on its fifth mission
after previous sorties proved fruitless.
CALPINE TO SELL POWER PLANTS FOR $1.57 BILLION
Calpine agreed to sell six power plants in its Southeast region
to LS Power for $1.57 billion in cash, as part of the wholesale
power company's effort to align its asset base with certain
competitive wholesale power markets.
HOME-PRICE RISES SLOW IN CHINA
Growth in residential property prices across large- and
medium-size Chinese cities slowed further in March as lending
limits and discounts undercut demand, according to analysts and
property developers.
J.P. MORGAN NAMES ASIAN-PACIFIC VICE CHAIRMAN
The chairman and chief executive in China for J.P. Morgan Chase,
Shao Zili, is set to leave those roles and become its vice chairman
for the Asian-Pacific region.
HTC HIRES FORMER SAMSUNG MARKETING CHIEF
HTC is hoping to nab a bit of that Samsung shine, as it has
hired the South Korean company's former U.S. marketing chief as a
consultant.
MICROSOFT SELLS MORE THAN 5 MILLION XBOX ONES
Microsoft said it has sold more than five million Xbox One
consoles to retail shops since the product was launched in
November.
LINKEDIN REACHES 300 MILLION MEMBERS GLOBALLY
LinkedIn said it had reached 300 million members on its
professional social-networking site, hitting the milestone about 10
years after launching.
RECORD LABELS SUE PANDORA OVER OLDER SONGS
Record labels are suing Pandora Media for copyright
infringement, accusing the Internet radio company of using songs
recorded before 1972 without paying license fees.
======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES =======
Heard on the Street
DON'T DOUBT JAPAN'S RESOLVE TO REVIVE
Investors are getting impatient for more monetary stimulus in
Japan. They should cool their heels. Those that stick around are
likely to be rewarded, Aaron Back writes.
Analysis
BANKS' BUSINESS IN BLOCK TRADES FACES NEW RISK
Facing tighter regulations, Wall Street banks are turning to an
old-school way to make a profit: using their own money to help
investors sell big blocks of stock.