CNBC's Squawk Box IN THE NEWS TODAY |
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President Barack Obama plans to speak to several European leaders on Friday to nudge the EU toward fresh sanctions against Russia over its actions in Ukraine. (Reuters)
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Ford posted lower-than-expected first-quarter profits and revenues today, but a leading auto analyst found bright spots in the report. (CNBC)
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Microsoft (MSFT) beat on earnings and matched revenue estimates. But investors seem more focused on the makeover plans of new CEO Satya Nadella, including the Nokia (NOK) handset purchase close. (CNBC)
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Amazon (AMZN) matched on earnings, while beating revenue expectations. However, the online retail giant is forecasting a second quarter loss, as it spends more on new projects to fend off growing competition. (CNBC)
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Apple (AAPL), Google (GOOG), Intel (INTC), and Adobe (ADBE) have reached a tentative agreement—said to be in the $300 million neighborhood—with plaintiffs over charges that the companies conspired not to hire one another's workers. (Reuters)
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Just months after JPMorgan (JPM) paid $13 billion to settle mortgage backed securities litigation, rival Bank of America (BAC) is discussing a similar deal with the federal government that could run to $10 billion. (CNBC)
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Manufacturing in both the U.S. and the U.K. has become dramatically more competitive over the past decade, with Britain becoming the cheapest manufacturing country in Western Europe and the U.S. rivaling many emerging markets. (CNBC)
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