While U Slept: Biz&Buz. The Big 5 Overnight Stories. Friday, 04/30/10

April 30, 2010

SPAIN JOBLESS RATE HITS 20% Milestone reached as once pumping economy continues to reel from collapse of housing market, and new questions about finances on heels of Greek crisis. (BBC)

EURO STOCKS GENERALLY HIGHER Stoxx 600 Index gains 0.4% and London’s FTSE 100 rises 0.2% after Greece’s promise to provide more savings, making a bailout package more likely (WSJ)

PROSECUTORS CONSIDER CRIMINAL FRAUD CASE AGAINST GOLDMAN Criminal charges would raise stakes even further in federal government showdown with hallowed investment bank. (Bloomberg)

BUFFETT SEES “BIG UPSWING,” ECONOMY TURNING CORNER His 80 subsidiaries –clothing, insurance, railroad, tools, et al — registered a notable turnaround in March, Billionaire says in interview to air Friday. (AP/Fox)

JAPANESE CENTRAL BANK RELEASES BRIGHT ECONOMIC OUTLOOK Bank of Japan predicts GDP to expand 1.8 percent this year, thanks to strong growth in overseas markets. (AP)


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