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WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods rose more than expected in April, a hopeful sign that a sharp slowdown in factory output could soon run its course. Full Story


Senator urges 'extreme caution' on Softbank-Sprint deal
WASHINGTON (Reuters) - An influential senator on Friday expressed strong concerns about Japanese company Softbank Corp's plan to buy 70 percent of Sprint Nextel, the No. 3 mobile service provider, warning it could expose the United States to more Chinese cyber attacks. Full Story

Rosy China growth forecasts fade on further signs of slowdown
BEIJING (Reuters) - As evidence mounts that China's economy is losing momentum, economists are fast abandoning their rosy recovery forecasts and bracing for what could be the country's slowest growth rate in 23 years. Full Story

Henrik Fisker joins Hong Kong tycoon to salvage Fisker: sources
DETROIT/BEIJING (Reuters) - Henrik Fisker is working with an investor group to salvage Fisker Automotive, the "green" car company he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter said this week. Full Story

AirAsia may order 50 more Airbus jets: CEO
MONACO (Reuters) - Asia's largest budget carrier, AirAsia <AIRA.KL>, may order an additional 50 Airbus A320 jets on top of its existing record order for 475 of the Airbus model, Chief Executive Tony Fernandes said on Friday. Full Story

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