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UPDATE 3-GM posts lower profit after recall; core outlook on target
(Adds CEO, CFO, investor, analyst comments, details, updates stock price). By Ben Klayman and Bernie Woodall. DETROIT, April 24 (Reuters) - General Motors Co said on Thursday that first-quarter profit tumbled 88 percent after a massive recall due to ...
Four Unanswered Questions From The GM Recall Crisis  Forbes
Massive recall expenses slash General Motor's first-quarter profit  Los Angeles Times
Investor's Business Daily   Related articles »  
Ronald McDonald gets a hip, new makeover
McDonald's said Wednesday its famous spokesclown will take an active role on social media for the first time, using the hashtag #ronaldmcdonald.
Ronald McDonald gets new outfit, takes on Twitter. Still creepy?  Los Angeles Times
Ronald McDonald Jumps on the Twitter Bandwagon � and Gets a New Look  Boston.com
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Verizon Loses Cellphone Customers for First Time
Verizon completed its deal to gain full ownership of Verizon Wireless in late February, buying Vodafone's 45% stake in the wireless carrier for $130 billion.
UPDATE 2-Verizon vows to avoid mass discounts as profit misses expectations  Reuters
Verizon Braces for Installment-Plan Impact After AT&T's Surge  Bloomberg
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US Durable Goods Orders Rise Broadly, Boost Growth Outlook
Orders for long-lasting U.S. manufactured goods rose more than expected in March and a measure of business capital spending plans surged, bolstering views of an acceleration in growth in the second quarter.
Durable-Goods Orders Rise 2.6% -- Update  Wall Street Journal
U.S. durable goods orders rise 2.6% in March, core orders up 2%  NASDAQ
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TRLPC: Zimmer to tap with $12B in debt for Biomet buy
NEW YORK, April 24 (Reuters) - Medical device maker Zimmer Holdings Inc is expected to tap the market next week with a $12.01 billion credit facility to back its acquisition of Biomet Inc from a consortium of private equity sponsors, sources told Thomson ...
Zimmer Holdings to buy orthopedic firm Biomet for $13.35 billion  Los Angeles Times
Apple poised for record gains on solid earnings  MarketWatch
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US average rate on 30-year home loan 4.33 percent
Average U.S. rates on fixed mortgages rose this week at the start of the spring home-buying season. More business news. GM's 1Q profit dragged down by recalls · GM's 1Q profit dragged down by recalls.
Freddie Mac: mortgage rates edge higher, 30-year averaging 4.33%  Los Angeles Times
Average US 30-year mortgage rate up to 4.33 pct  Businessweek
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ECB head says publishing minutes of bank decision without names would help ...
FRANKFURT, Germany - European Central Bank head Mario Draghi says the bank's rate-setting council should publish a written account of its deliberations - without names.
ECB's Mario Draghi is a 'model central banker'  Telegraph.co.uk
Pictures paint a thousand words at Europe's central bank  Financial Times
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Wall Street Moves Higher
Wall Street was edging higher on Thursday, with investors apparently shrugging off worsening tensions in Ukraine and focusing instead on strong earnings from Apple and Facebook.
US Stocks Rise, Buoyed by Apple, Facebook Results  Wall Street Journal
A few blowout earnings reports create mirage  USA TODAY
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Report: A Year After Bangladesh Disaster, Retailers Fail To Address Biggest ...
Rana Plaza in February 2014, 9 months after the factory collapse. Rubble and fabric still litter the area. Photo: NYU Center for Business and Human Rights.
Protests a year after Bangladesh disaster  News24
Flashback: Garment factory collapse  Reuters
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United Alone With US Airline Loss Tumbles Most Since September
United Continental Holdings Inc. (UAL:US) fell the most since September after it was the only major U.S. carrier to report a first-quarter loss, hampered by severe winter weather that trimmed results by $200 million.
Airline Earnings Round Up: Where Delta Soared United Continental, JetBlue Sink  Forbes
United, Southwest, JetBlue Q1 Results Hurt By Severe Winter Weather  RTT News
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