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Today's Top Stories - April 28, 2016  

Beware The Bell! U.S. stock index futures pointed to a sharply lower open today, as traders reacted to the Bank of Japan's (BOJ) decision to keep monetary policy steady More

Europe: European stocks extended losses on Thursday as markets digest the latest central bank decisions from the U.S. Federal Reserve and Bank of Japan as well as a number of major earnings More

Asia: Japanese shares sold off and the yen surged against the dollar Thursday after the Bank of Japan's (BOJ) decision to keep monetary policy steady disappointed a section of the market betting on further stimulus More

Oil: Oil futures steadied after setting a 2016 high on Thursday as traders locked in profits, though analysts said supply disruptions, strong investor appetite and a weakening dollar could push prices higher soon More

Gold: Gold rose 1 percent on Thursdayto its highest in a week as the Bank of Japan held policy steady, boosting the yen versus the dollar, and after the Federal Reserve signalled that it was in no rush to tighten monetary policy More

Weak consumer spending, trade seen hurting first-quarter growth U.S. economic growth likely stalled in the first quarter as domestic demand cooled and a strong dollar continued to undercut exports More

Abbott Labs to buy St. Jude Medical for $25B in cash/stock Abbott Laboratories said it agreed to buy medical device maker St. Jude Medical for $25 billion More

Cramer: We are looking at Apple all wrong Cramer thinks Wall Street could be looking at Apple all wrong. "I think it is a total victim of its own success, with a phone issued last year that sold at unsustainably large numbers," More

Sony just posted a 666% rise in profit as its turnaround plan takes hold Japanese electronics giant Sony posted a 666.5 percent rise in pretax profit for its full fiscal year on Thursday, helped by cost cutting in its smartphone business and the continued popularity of the PlayStation 4 More

Male employee found dead at Apple's headquarters "they believe it was an isolated incident and that there is nobody else on campus or in the public that are at risk." More

Apple is not doomed! Four reasons why you shouldn't give up on the stock It's not easy being a bull on Apple right now, given a comprehensively disappointing earnings report this week. With the company missing revenue and earnings expectations, the bears on Apple understandably are having a field day exclaiming that they've been right the whole time; Apple is doomed More

Why Government Investments Fail Great six-minute video, narrated by Burt Folsom, historian at Hillsdale College. Reminds me of the "97% global warming consensus” junk. Seems both Teddy Roosevelt and President William McKinley thought that building an airplane was a “national emergency.” No time for private industry to do the job. Task given to Samuel Langley, president of the Smithsonian. After all, he had four advanced degrees; besides, he’d even written a book about aerodynamics. Langley given funds for two trial flights — plane would be thrust from a houseboat in the Potomac River. After second failure, the NY Times wrote that human flight might take one million years to accomplish More


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