Fortune

HHGregg Will Close All 220 of Its Stores After Failing to Find A Buyer
Fortune
The management of hhgregg said on Friday afternoon that the company was closing all 220 of its stores and going out of business entirely, having failed to find a buyer for the furniture, electronics and appliance retailer in bankruptcy court. The
Electronics retailer hhgregg is going out of businessChicago Tribune
All Virginia, US HHGregg Stores To ClosePatch.com
HHGregg to fold, close Highland and Merrillville storesnwitimes.com
Florida Times-Union –whnt.com –UPI.com –WCPO
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Washington Post

US jobs report: A tale of 2 surveys, at a glance
Washington Post
The U.S. unemployment rate fell to 4.5 percent in March, the lowest level in nearly a decade, from 4.7 percent, and an encouraging sign for the job market. Yet employers added just a meager 98,000 jobs — barely half the pace of January and February.
8 takeaways from the March jobs report: analysisOregonLive.com
March sees only 98K new jobs, but jobless rate falls to 4.5 percentThe Hill
One Slow Month Doesn't Change The Strong Trend On JobsFiveThirtyEight
Brainerd Dispatch –Nasdaq –Forbes –Vox
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Los Angeles Times

Hyundai, Kia recall 1.5M vehicles with faulty engines, report says
NJ.com
Hyundai and Kia have announced a recall of about 1.5 million vehicles because of engine issues that can lead to dangerous stalls, Reuters reported. The recall will reportedly affect Hyundai Sonata and Santa Fe models as well as Kia Optimas, Sorentos
Kia, Hyundai Motor recall 170000 carsKorea JoongAng Daily

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Huffington Post

FCC Chairman Plans Fast-Track Repeal Of Net Neutrality, Sources Say
Huffington Post
FCC Chairman Ajit Pai met with major telecommunications trade groups to discuss his preliminary plan to reverse the rules, the sources said. David Shepardson. Eric Gaillard / Reuters. Ajit Pai, Chairman of U.S Federal Communications Commission
Is Digital Privacy A Right Or A Privilege?Forbes
FCC chair outlines plan to undo net neutrality: reportsThe Hill
The Path to Protecting Americans' Online PrivacyNational Review
Recode –U.S. News & World Report –Business Insider –Gizmodo
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Bloomberg

America's Retailers Are Closing Stores Faster Than Ever
Bloomberg
The battered American retail industry took a few more lumps this week, with stores at both ends of the price spectrum preparing to close their doors. At the bottom, the seemingly ubiquitous Payless Inc. shoe chain filed for bankruptcy and announced
Notable stores who filed for bankruptcy in the last 10 yearsKSDK
Columbia Payless stores are safe – for nowColumbia Daily Tribune
Valencia store among 378 PayLess will close as part of bankruptcySanta Clarita Valley Signal
VVdailypress.com –Times Record –Chain Store Age –Patch.com
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Reuters

Oil jumps in knee-jerk reaction after US launches missile strikes at Syria
Reuters
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that hammered prices, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo. By Henning …
Oil jumps, dollar slightly weaker as US fires dozens of missiles at targets in SyriaCNBC
Oil Spikes as U.S. Strike Against Syria Roils Global MarketsBloomberg
Oil futures leap after US missile strikes on SyriaMarketWatch
Business Insider –Nasdaq –Zacks.com –Seeking Alpha
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Los Angeles Times

California Legislature votes to raise gas taxes, vehicle fees by $5.2 billion a year for road repairs and transit
Los Angeles Times
After a week of fierce debate between opposing interests, the state Legislature on Thursday approved a plan to raise gas taxes and vehicle fees by $5.2 billion a year to pay for the repair of California's pothole-ridden, decaying system of roads
California Legislature Approves Tax, Fee Hike for RoadsU.S. News & World Report
Gas-tax increase to pay for road repair clears California LegislatureSacramento Bee
CA Senate passes gas-tax hike; moves to AssemblyKABC-TV
Reason –KCRA Sacramento –Columbus Ledger-Enquirer –FOX40
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Reuters

Stocks spooked, safe assets jump after US missile strike on Syria
Reuters
FILE PHOTO: A woman monitors stock market prices inside a brokerage in New Taipei city, Taiwan, August 24, 2015. REUTERS/Pichi Chuang/File Photo. By Nichola Saminather and Wayne Cole | SYDNEY. SYDNEY Bonds, gold and the yen jumped in Asia …
GLOBAL MARKETS-Stocks spooked, safe-haven assets jump as US missiles strike SyriaNasdaq
Asian Stocks Fall After U.S. Missiles Strike Syria; Gold SoarsBloomberg
BusinessNow: Today's finance and business news, plus analysis and opinionThe Australian
The Fiscal Times –DailyFX –SBS –dailytelegraph.com.au
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BBC News

Samsung forecast beats estimates despite scandals and fires
BBC News
Samsung Electronics is on track to report record annual earnings, despite its de-facto boss going on trial in a political corruption scandal. It is forecasting a 48% rise in profits in the January-to-March period, thanks to strong memory chip sales
Samsung Heir Fights Charges of Bribery, Embezzlement: TimelineBloomberg
Samsung predicts record-breaking profit for Q1 2017The Verge
Samsung Electronics expects Q1 profits to jumpPhys.Org
Newsday –Economic Times –Wall Street Journal (subscription) –CIO New Zealand
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Investing.com

Crude spikes in Asia after US fires missiles into Syria
Investing.com
Investing.com – Crude prices held well above 1% gains in Asia on Friday after earlier sinking more than 2% after U.S. fired dozens of missiles into Syria in response to a chemical weapons attack on civilians. On the New York Mercantile Exchange crude …

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