Some of the more interesting and important items for April 6th :
- Greek Bond Yields Rise to 7.1% –
- Court Deals Blow to FCC, ‘Net Neutrality’ – A federal court ruled that the FCC lacks the authority to require broadband providers to give equal treatment to all Internet traffic flowing over their networks.
- U.S. Unveils New Nuclear Policy – The Obama administration is narrowing the number of threats it seeks to deter with nuclear weapons, arguing that advances in U.S. missile defenses and conventional forces mean atomic arms are no longer needed to counterbalance most non-nuclear states.
- Euro Declines on Concern Greece Will Struggle to Raise Funds – Bloomberg.com – April 6 (Bloomberg) — The euro fell for a second day against the yen on concern that Greece and other European countries will struggle to raise funds to repay maturing debt.
- Samsung Profit Increases Sevenfold on Chip Prices (Update2) – Bloomberg.com – April 6 (Bloomberg) — Samsung Electronics Co., Asia’s biggest maker of semiconductors, flat screens and mobile phones, said first-quarter profit increased sevenfold after demand for personal computers and televisions drove up prices.
- Toyota Should Be Fined $16.4 Million, LaHood Says (Update1) – Bloomberg.com – Toyota Motor Corp. “knowingly hid a dangerous defect” that caused sudden acceleration and should be fined the maximum civil penalty of $16.4 million, U.S. Transportation Secretary Ray LaHood said.