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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

UBS France could face criminal investigation: source
PARIS (Reuters) - UBS' <UBSN.VX> French unit could be placed under formal investigation in the coming days as part of a broader probe into the Swiss bank's business practices, a person familiar with the matter said on Friday. Full Story

Monte Paschi might not be an isolated bank case in Italy: Chairman
BAGNAIA, Italy (Reuters) - The crisis that has hit Italy's third-largest lender Banca Monte dei Paschi di Siena <BMPS.MI> might not be an isolated case, Monte Paschi Chairman Alessandro Profumo said on Friday. 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

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