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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 CEO Musk's upbeat tweets about China boost stock  Reuters
Tesla tease: 'Major new product line'
Boston Globe (subscription)  
BNSF adds new safety measures for crude oil trains
After an oil tanker derailment in Galena, the ABC7 I-Team looked at the dangers posed to Chicago and to areas all over the country by rail cars filled with crude oil.
BNSF railroad adds new safety rules for crude oil trains  Winona Daily News
UPDATE 3-Philips sells 80.1 pct of lighting components unit for $2.8 bln
(Adds analyst comment and share price movement). 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 ...
Philips to Sell Controlling Stake in LED Business for Up to $2.9 Billion  New York Times
Philips sells 80.1% of lighting components unit for $2.8 billion  Economic Times
Huawei Profit Jumps 33%
China's Huawei Technologies Co.'s 2014 net profit rose 33% from a year earlier on higher revenue, as the company cited its better management of foreign-exchange risks and borrowing costs.
Huawei's profits rise by 33% in 2014  Android Central
Huawei reports 2014 profit up 33 percent, helped by strong smartphone sales  The Republic
Now you can hire professionals for home servicing via Amazon
E-commerce giant Amazon has added another new service to its kitty. Now you can not only do online shopping from Amazon, but the company is rolling out its Amazon Home Services, where you can hire people to complete all your chores.
Amazon Home Services lets you order a handyman, singing teacher or cleaner ...
Amazon Launches Amazon Home Services  News For Shoppers
Lufthansa Insurers Set Aside $300 Million Over Alps Crash
BERLIN - Lufthansa says its insurers are setting aside $300 million to deal with possible costs resulting from last week's crash of a Germanwings jet in the French Alps, in which 150 people died.
Insurers earmark $300m for Germanwings crash  New Vision
Insurers set aside $US300m for plane crash
Front end of broken Seattle tunnel machine is lifted
SEATTLE (AP) - Crews have lifted the scuffed and rusty disc-shaped front end of the broken tunnel-boring machine called Bertha from the ground in Seattle, hauling it out of a 120-foot-deep pit so it can be repaired.
Bertha finally gets a lift: Massive crane arrives to raise 2000-ton drill ...  Daily Mail
UnitedHealth Buys Catamaran For $12.8 Billion (NYSE:UNH)
UnitedHealth Group Inc. has announced that it has reached a deal to purchase Catamaran Corp. for roughly $12.8 billion. According to a statement released by the companies, UnitedHealth will pay $61.50 a share for the deal, 27 percent higher than ...
UnitedHealth bulks up for drug cost battle  DeKalb Daily Chronicle
UnitedHealth to acquire pharmacy benefits firm Catamaran in $12-billion deal  Los Angeles Times
Dow advances most in eight weeks amid corporate mergers
NEW YORK - The Dow Jones industrial average posted its biggest advance in eight weeks as equities extended quarterly gains amid corporate mergers and optimism central banks will support global growth.
US STOCKS-Wall St rebounds from recent losses; deals help  Reuters
Market Wrap: Stocks Rebound From Recent Losses; Deals Help  DailyFinance
More Iran oil post-sanctions, aimed at Asia, may hurt Iraq
DUBAI/NEW DELHI/HONG KONG (Reuters) - A possible surge in Iranian oil exports from an end to sanctions will reboot a struggle between top Middle East producers for Asian buyers, with Iraq looking the most vulnerable.
Asian imports of Iran crude fall 25 pct, led by India, S.Korea  Reuters India
Oil edges lower as Iran nuclear deadline nears