  | | | | | WASHINGTON (Reuters) - U.S. housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the housing market that could persist despite better weather. | | |  | | | | | NEW YORK (Reuters) - U.S. stocks were set to rise at the open on Wednesday after China's economic growth exceeded expectations and Yahoo shares rallied on the strength of revenue growth in Chinese e-commerce giant Alibaba, in which it has a stake. | | | |  | | | | | (Reuters) - Bank of America Corp posted a first-quarter loss on Wednesday as it set aside an extra $6 billion to cover litigation expenses, a figure that far exceeded the legal settlements the No. 2 U.S. bank has announced recently. | | | |  | | | | | (Reuters) - General Motors Co said it will ask a U.S. bankruptcy court to bar plaintiffs from proceeding with lawsuits against the automaker for claims related to any actions before it filed for bankruptcy in 2009. | | | |  | | | | | BEIJING (Reuters) - China's economy grew at its slowest pace in 18 months at the start of 2014, but did a touch better than expected and showed some improvement in March, suggesting Beijing will not rush to follow up recent steps to support activity. | | | |  | | | | | ATLANTA (Reuters) - The U.S. Federal Reserve should try to make its communications on the expected path of interest rates and the economy consistent with its policy statements, a top official at the central bank said on Wednesday. | | | |  | | | | | HONG KONG (Reuters) - China's CITIC Pacific has agreed to buy the main operating unit of its parent, state-backed CITIC Group, for $36.5 billion in a stock and cash deal aimed at diversifying its metals and mining business. | | | |  | | | | | (Reuters) - Mt. Gox, once the world's biggest bitcoin exchange, is likely to be liquidated after a Tokyo court dismissed the company's bid to resuscitate its business, the court-appointed administrator said on Wednesday. | | |  | | | | | AUCKLAND (Reuters) - Internet tycoon Kim Dotcom holds court while bathing in the pool of a sprawling New Zealand mansion, fist bumping and chatting with some of the 700 guests gathered to celebrate the political party he launched last month to promote Internet freedom. | | |  | | | | | SHANGHAI (Reuters) - BTC China, one of the country's leading digital currency exchanges, has installed China's first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking regulations seen as increasingly hostile to so-called crypto-currencies. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
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