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Budget rebuff to short time workers
. Subsidies for cuts in hours expected to be ruled out by Alistair Darling. Gordon Brown promises 'package for jobs' that will focus on help for trainingMinisters are expected to rebuff widespread industry and union demands that next week's budget should contain measures to pay state subsidies to workers whose hours have been cut.Companies and unions see the measure as a way of staving off further job losses, but the idea is unlikely to be taken up. Gordon Brown and Alistair Darling, the chancellor, are due to give a briefing on the state of the economy at a cabinet meeting today in Glasgow. Brown has already promised that next week's package will be a budget for jobs, but it is believed that ministers are more intent on giving extra help for training, partly through extending the Train to Gain scheme run by the Department for Innovation, Universities and Skills. Train to Gain is a form of government-subsidised training available for those in work, or made recently redundant.The TUC an
Guardian

Bill to phase out Colorado business tax springs back to life - for now
A Colorado Senate committee on Wednesday revived a measure to gradually phase out an unpopular tax on business property and equipment. But with economic realities of the recession hitting the Capitol hard, the revival might be short-lived.
Biz Journal

UBS results send Europe`s bourses down
Profit-taking by short-term investors, along with the Swiss bank saying it would report first-quarter losses of SFr2bn, shattered hopes of a financials-led rally continuing
FT

Magnitude 6.6 earthquake rocks Indonesia
SAN FRANCISCO (MarketWatch) -- Indonesia's Kepulauan Mentawai region was shaken by a 6.6 magnitude earthquake at 1:01 p.m. Pacific time on Wednesday, or at 3:01 a.m. local time Thursday, according to the U.S. Geological Survey. The epicenter of the quake was 145 miles south of Padang and 475 miles west-northwest of Indonesia's capital, Jakarta.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Market Watch

Short View: The free and the fettered
Barclays and Goldman Sachs plan to end any potential obligation to their governments, but responses in their equities and credit securities versus those of state-dependent rivals do not scream success, says Paul J. Davies
FT

Sensex defies US markets, at 6-month high
Huge short covering and strong buying from institutional players and traders alike helped the Bombay Stock Exchange Sensitive Index, or Sensex, to a six-month high on Wednesday.
Business Standard

Big Picture: Gold and T-bills
Gary Tanashian submits: One of those busy macro charts comin' at ya. I am getting a bit tired of fooling around with the short term noisy picture of gold and want to again shift to the big picture where it is so quiet and where rational and monetarily sane people should be focused.Sometimes the trader in me gets interested in the short term, but this is where the real money is made - or preserved.Complete Story »
Seeking Alpha

2009 Toyota Venza: a short stint review:
OUR TAKE: The Venza is a pleasant surprise. We?ve always been fans of station-wagon utility, the sort that doesn?t force you to compromise by having to drive a truck.
Autoweek.com

Stocks to Look at for Wednesday, April 15
These are some stocks that have been tagged by users over at StockTickr: INGN: INTROGEN THERAPEUTICS INC Outlook: Short Industry: Drug Related Products New low on 36.35 times average volume: 2,035,531 vs. 56,000 (tags: short, New Low on Huge Volume) LMNX: LUMINEX CORPORATION Outlook: Long Industry: Medical Instruments Supls New high on 4.68 times average volume: 1,323,724 vs. 283,117 (tags: long, New High on Huge [...]
Deep Market

Sensex ends above 11K
Indices opened gap down but the damage was limited as benchmarks trimmed losses and gained strength as the session progressed. “Traders were seen covering short positions. Capital inflow from FII...
Big News Network

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