TOP STORIES
NEWMONT MINING, BARRICK GOLD MERGER TALKS BREAK DOWN
Barrick Gold and Newmont Mining were in advanced talks this week
over a deal that would have combined the world's two largest gold
producers, according to people familiar with the matter.
KEYSTONE XL DECISION LIKELY TO COME AFTER MIDTERM ELECTIONS
The Obama administration is extending its review of the Keystone
XL pipeline, citing ongoing litigation in Nebraska over the
project's route through the state, according to people familiar
with the matter.
EASTERN UKRAINE'S PRO-RUSSIAN ACTIVISTS STAND FAST
Pro-Russian activists in eastern Ukraine refused to vacate the
government facilities they have occupied, defying a compromise
agreement struck a day earlier by international powers, including
Russia, that called on them to leave.
COMCAST, TWC IN TALKS TO SELL $20B IN ASSETS TO CHARTER
Comcast and Time Warner Cable, seeking to smooth their $45
billion merger deal with regulators, are in early-stage talks with
Carter Communications on a possible sale of assets, the Financial
Times reported on its website.
SOUTH KOREA ARRESTS FERRY CAPTAIN
Authorities arrested the captain of the sunken South Korean
ferry, as one of the crew confirmed accounts that the captain,
69-year-old Lee Jun-Seok, was among the first to abandon the
sinking ship.
OBAMA SIGNS BILL BANNING IRAN U.N. ENVOY FROM U.S.
President Barack Obama signed legislation that effectively bans
Iran from sending as its ambassador to the United Nations a
diplomat with ties to the 1979 hostage crisis at the American
embassy in Tehran.
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.
TPG-LED GROUP CLOSES $450 MILLION INVESTMENT IN AIRBNB
A group led by private-equity firm TPG has finalized an
agreement to invest $450 million in Airbnb, valuing the home-rental
site at $10 billion, according to people familiar with the
situation.
CALPINE TO SELL POWER PLANTS FOR $1.57 BILLION
Calpine will sell six U.S. power plants in the Southeast and
Midwest to LS Power for $1.57 billion in cash, as the company
focuses on its electricity sales businesses in Texas, California
and mid-Atlantic states.
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.
======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES =======
The Wall Street Journal
SOUTH KOREA ARRESTS FERRY CAPTAIN
Authorities arrested the captain of the sunken South Korean
ferry, as one of the crew confirmed accounts that the captain,
69-year-old Lee Jun-Seok, was among the first to abandon the
sinking ship.
The Wall Street Journal
FOR APPLE INVESTORS, THE WAITING IS THE HARDEST PART
Apple's stock may be pricing in little more than a decent iPhone
upgrade cycle with a free option on something new, such as an
iWatch. Not a bad deal--if investors can settle in now, writes Dan
Gallagher.