Eurozone officials will increase the size of the funds to create “firewalls” around financially troubled nations. (Reuters)
Research In Motion’s (NASDAQ: RIMM) CEO says the firm’s struggles will continue as more management leave the firm. (Reuters)
Japan’s Nikkei has its best first quarter in 24 years. (Reuters)
Verizon (NYSE: VZ) to create a wireless video system. (WSJ)
U.S. firms with junk bond ratings raise money at record levels as rates stay low. (WSJ)
A scam to collect Social Security numbers of Puerto Rican citizens earns billions for thieves. (WSJ)
An audit firm finds labor problems at Foxconn factories that supply Apple (NASDAQ: AAPL). (WSJ)
Google (NASDAQ: GOOG) to launch its own tablet. (WSJ)
Best Buy (NYSE: BBY) shutters stores after weak earnings. (WSJ)
Natural gas reaches a 10-year low. (WSJ)
Economists do not think warm weather has helped gross domestic product or employment much. (WSJ)
A Wall Street Journal study finds the numbers of murders fell in most large cities last year. (WSJ)
Congress passes a highway funding bill that covers the next 90 days, but another extension may be a problem. (WSJ)
Germany’s Social Democrats attack Merkel’s austerity plans, which are meant to solve the EU debt crisis. (WSJ)
A leak at Total’s (NYSE: TOT) Elgin platform in the North Sea is more proof of how unstable deep water drilling can be. (WSJ)
Former CEOs of Avon Products (NYSE: AVP) want its board to elect former COO Joe Ferreira as the firm’s new leader. (WSJ)
Foreign investors aggressively sell Japanese debt. (WSJ)
Moody’s may sharply cut ratings on Morgan Stanley (NYSE: MS), Citigroup (NYSE: C) and Bank of America (NYSE: BAC). (NYT)
The FDA asks for longer test periods for some obesity drugs because of the potential they could cause heart problems. (NYT)
Ray Dalio, head of Bridgewater, a huge hedge fund, made $3.9 billion last year. (FT)
BRIC nations may pull funding from the International Monetary Fund if they do not get a greater say in policy. (FT)
Leveraged U.S. firms become a large part of the IPO landscape. (FT)
Spain will make the greatest cuts to it budget in 30 years. (Bloomberg)
German retail sales fall in February. (Bloomberg)
Douglas A. McIntyre
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