In The Newz

# Quarter million jobs could be lost in GM bankruptcy.
# The South Korea won ends at its strongest level in more than seven months.
# World markets gain as China manufacturing growth piques recovery hopes; HK jumps 4%.
# Delphi wins extension of bankruptcy loan, talks with GM, Treasury proceed.
# Chrysler could exit bankruptcy reorganization as soon as this week.
# Chrysler wins court approval to sell assets to Fiat-led group.
# Elan in talks to sell stake to Bristol-Myers.
# Germany’s backing for a Russian- backed bid for GM’s Opel unit promises deeper ties between Moscow and Berlin.
# GM to file bankruptcy; US will take 60 percent ownership and attempt to reorganize carmaker.
# GM’s UAW members approve contract amendments that may ease bankruptcy exit.
# Ingersoll sees little sales lift from US Tax credits.
# EU regulators are pursuing tough new sanctions against Microsoft, may force it to add rival browsers to Windows.
# German govt selected Magna Intl as a partner for GM’s Opel unit.
# PL Corp. to sell its Long Island generation unit to J-Power for ~$135M + working capital.
# Tiffany’s Q1 net down 62% to $24.3M as revs fell 22% to $523.1M.
# Toyota leads a 19 percent drop in the country’s vehicle sales last month.

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