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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Apr 21, 2016
Page
13
The European Union accuses Google of using Android to steer user attention and spending by requiring preloaded search and browser apps and rewarding manufacturers for defaulting to Google. EU officials warn of possible fines and business model changes as Android dominates devices worldwide.
Ford states the revised Mustang was the world's best selling sports coupe last year with about 19,000 of 141,000 units sold outside the United States. Strong demand emerged in Europe where 16,000 cars found buyers.
Coca-Cola reports first quarter earnings showing a 4 percent revenue drop to 10.28 billion while beating analysts estimates. The shift in consumer diets reflects more people choosing water tea coffee and energy drinks over soda. Mitsubishi Motors admits falsifying fuel mileage data for 625000 vehicles across eK Wagon eK Space Dayz and Dayz Roox models sold through Nissan.
The article notes restrained bullishness as the Dow and S P 500 reach 2016 highs near record territory. It discusses contrarian analysis, citing Robert Shiller and Humphrey Neill, warning that excessive optimism can sap available cash for further investments and stall market gains.
Sentiment remains subdued with the Hulbert Stock Newsletter Sentiment Index near mid 40s, while the Dow sits about 1.2 percent from a record. Industry expert Hayes Martin notes shifts from pessimism to skepticism then tempered optimism, suggesting the rally could endure unless timers swing bold.
USA TODAY reports average CD yields and year age figures with 0.84 percent for this and last week, 0.88 percent for the year. The source cites Bankrate.com and credits Jae Yang and Veronica Bravo.
Volkswagen nears a deal to compensate U.S. owners of its diesel cars affected by the emissions scandal, offering about $5,000 per vehicle as a Thursday court hearing looms. The pact aims to avert a San Francisco trial before Judge Charles R. Breyer, with regulators and analysts weighing buyback costs and broader settlement impacts.
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