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U.S. markets news

Tesla to unveil new product likely a battery next month
DETROIT: Tesla Motors says it will reveal a new product next month, but it's not a car. CEO Elon Musk tweeted Monday that "a major new Tesla product line'' will be revealed April 30.
Tesla's Elon Musk tweet about new product drives shares higher  Irish Independent
Elon Musk's $1bn tweet: news of secret product line sees Tesla shares soar  Telegraph.co.uk
Reuters  
It's Normal That UK GDP Is Still Below Pre-Crisis Levels
We've just had the revisions for the latest set of GDP figures for the UK and they show that the UK GDP is rising strongly, at 0.5% (note that UK figures are reported as a quarterly number, while US figures are an annual rate from that quarter) per capita.
U.K. Economy Grows More Than Estimated on Consumers, Exports  Bloomberg
UK growth revised higher at end of 2014, boosted by exports  Reuters
European stocks climb for third day ahead of inflation data
LONDON (MarketWatch) - Europe's benchmark stock index rose for a third straight day on Tuesday, setting it on track for its best quarterly advance since 2009.
Analysis - How Grexit bill could dig deep into ECB pockets  Reuters UK
Euro heads for worst quarter on record  Reuters
Turkey Investigates Cause of Worst Power Outages in 15 Years
Parts of the metrobus system are shut down following a major power outage in Istanbul. Photographer: Bulent Doruk/Anadolu Agency/Getty Images.
Massive power outage hits much of Turkey, affects air traffic control  CNN
Turkey power cut hits big cities  BBC News
CBRE to purchase Johnson Controls' Global WorkPlace Solutions business for ...
MILWAUKEE, March 31, 2015 /PRNewswire/ -- Johnson Controls, Inc. JCI, +1.53% announced today it has reached a definitive agreement for the sale of its Global WorkPlace Solutions (GWS) business to CBRE Group, Inc., for $1.475 billion.
CBRE to Buy Johnson Control Unit for $1.48 Billion  Wall Street Journal
CBRE to buy Johnson Controls' real estate unit for $1.5bn  Financial Times
China deposit insurance paves way for deregulation of interest rates
China will launch a long-awaited deposit insurance system next month, the central bank said on Tuesday, a crucial step towards deregulating domestic interest rates and promoting market-based capital allocation.
China to Insure Deposits in Move Toward Scrapping Rate Controls  Bloomberg
China announces plans for deposit insurance in bank reform  The State
UPDATE 4-Philips sells 80 pct of lighting components unit for $2.8 bln
(Adds advisors, paragraph 5). By Toby Sterling. AMSTERDAM, March 31 (Reuters) - Philips has agreed to sell an 80.1 percent stake in its lighting components division for $2.8 billion to Go Scale Capital, a technology fund that will seek to expand the ...
Philips to sell 80.1% stake in LED components biz for $2.8bn  Business Standard
Philips to Sell Controlling Stake in LED Business for Up to $2.9 Billion  New York Times
Money Issues: Amazon launches "Home Services"
(CBS)- Amazon wants to be your one stop shop where you can buy products and then hire people to install them. The online retailer launched "Home Services".
Amazon customers soon able to purchase services online  MyFoxOrlando.com
Amazon.com, Inc. (NASDAQ:AMZN) Launches Home Services  USMarketsDaily (blog)
UPDATE 1-Euro zone price fall slows as expected, deflation fears ease
(Adds economists' comments). By Jan Strupczewski. BRUSSELS, March 31 (Reuters) - Euro zone consumer prices fell again in March, as expected, but the decline was the smallest this year, indicating the price of goods and services could start rising again ...
Eurozone deflation eases, unemployment at near 3-year low  San Francisco Chronicle
Eurozone deflation eases in March  Financial Times
Income Tax Filing Tips For Procrastinators: Very Helpful Last Minute Tips
Tax filing season is near and for those who have a last-minute habit of doing it, here are very helpful tips that anyone can follow.
Tax tips for last minute filers  Atlanta Journal Constitution (blog)