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UPDATE 2-Oil slump helps push Canada trade deficit to record high
(Adds analysts' reaction, background). By David Ljunggren. OTTAWA May 5 (Reuters) - Canada's trade deficit jumped to a record high C$3.02 billion ($2.50 billion) in March from February as imports surged and weak crude prices helped curb exports, ...
It Now Looks as if the Economy Shrank in the First Quarter  New York Times
Here's What Analysts Are Saying About The Biggest U.S. Trade Deficit in ...  Bloomberg
Disney's Film Slate Makes the Stock Almost Irresistible
NEW YORK (TheStreet) -- The Walt Disney Co.'s (DIS - Get Report) film slate keeps on giving, and with it there's a consistent appeal for investors who appreciate the power of Marvel, the studio behind the record-setting box-office performance this past ...
Disney: An Absolute Powerhouse (DIS)  Seeking Alpha
Disney beats Wall Street estimates with strong Q2 (Video)  L.A. Biz
US stocks drift lower in midday trading; oil price jumps
NEW YORK (AP) - Stocks are moving lower in midday trading following two days of gains that brought the market close to a record high.
US stocks drift lower after 2-day run; oil price jumps  KTVN
US STOCKS-Wall St set for lower open as trade data suggests GDP contraction
... * March trade deficit hits near 6-1/2 year high. * Disney rises after beating estimates. * Futures off: Dow 61 pts, S&P 7.25 pts, Nasdaq 23.25 pts (Adds details, comment, updates prices).
US STOCKS-Wall St lower as weak trade data offsets rally in oil prices  Daily Mail
Hedge fund pay down as top 25 managers bank total of $11.6bn
The world's 25 best paid hedge fund managers earned a combined $11.62bn last year even as the industry suffered from largely mediocre performance and growing criticism from some of its largest investors.
Top 25 hedge fund managers take pay cut, now average $400 million each  Los Angeles Times
You don't need to be stellar to earn billions in this job  CNNMoney
Amid extreme drought, Californians cut water use by 3.6% in March
Californians cut their water consumption by 3.6% in March compared to the same period in 2013, the State Water Resources Control Board reported Tuesday.
Regulators: California fell far short of water-saving target  Washington Post
California water conservation effort failing badly  USA TODAY
ISM Non-Manufacturing Index Rises to 57.8 in April -- Update
Two surveys of businesses outside of manufacturing indicate output growth and employment strengthened at the start of the second quarter, suggesting the U.S.
ISM Services Beats Expectations  Seeking Alpha
Service Industries in U.S. Unexpectedly Grow at Faster Pace  Bloomberg
Greece blows hot and cold in race to avert cash crunch
ATHENS/BRUSSELS (Reuters) - Greece blew hot and cold with its euro zone partners on Tuesday as it struggled to avert a potentially catastrophic funding crunch this month, when it must make a big debt repayment to the IMF as cash reserves dry up.
5 years of bailouts: the grim legacy of Greece's crisis  Washington Post
After 5 ghastly years of bailout program, Greece still sees no end to ...  Fox News
U.K. Construction Sector Reports Weakest Growth For Almost 2 Years
UK building activity showed the smallest rise for almost two years in April. The Markit/CIPS Construction PMI fell from 57.8 in March to a 22-month low of 54.2.
U.S. services sector growth cools in April: Markit  Business Insider
UPDATE 2-Freddie Mac to hand $746 mln to US Treasury
(Adds comment by CEO, background). WASHINGTON May 5 (Reuters) - Government-controlled mortgage finance firm Freddie Mac on Tuesday said it will cut a check to the U.S.
Freddie Mac's Fine 1Q Marks 14th Consecutive Quarter in the Black  Builder Magazine
Freddie Mac Will Pay U.S. $746 Million on First-Quarter Profit  Bloomberg