Business Today: Stock futures extend declines after GDP data

		Click to View in Browser 04/26/2013 Stock futures extend declines after GDP data NEW YORK (Reuters) - Stock index futures extended declines after data showed gross domestic product expanded at a slower-than-expected rate in the first quarter. First-quarter growth quickens, but misses forecasts WASHINGTON (Reuters) - Economic growth regained speed in the first quarter, but not as much as expected, which could heighten fears the already weakening economy could struggle to handle deep government spending cuts and higher taxes. Chevron first-quarter profit down on weaker oil prices (Reuters) - Chevron Corp , the second-largest U.S. oil company, posted a 4.5 percent decline in quarterly profit on Friday, pinched by weaker oil prices and work at its U.S. refineries. Microsoft gets upper hand in first Google patent trial SEATTLE (Reuters) - Microsoft Corp came out on top in the first of two patent trials versus Google Inc's Motorola Mobility unit on Thursday, as a federal judge in Seattle ruled largely in its favor. Japan to issue approval for Boeing's 787 return to flight TOKYO (Reuters) - The Japanese government will issue approval at 1900 Japan time (6.00 EDT) for Boeing Co's 787 Dreamliner to resume flight, according to a notice posted at the transport ministry's press club. Goodyear posts stronger-than-expected profit DETROIT (Reuters) - Goodyear Tire & Rubber Co on Friday posted a stronger-than-expected quarterly profit as record results in North America and Asia offset weakness in Europe. Credit Suisse shareholders back pay plan ZURICH (Reuters) - Credit Suisse investors backed a plan to issue new shares to pay staff bonuses after more than two hours of criticism from individual shareholders angered by high pay for executives at the bank. Murdoch stands to make 15 percent more after News Corp split (Reuters) - After News Corp splits later this year, Chairman and Chief Executive Officer Rupert Murdoch's total target compensation will rise 15 percent, according to a regulatory filing on Friday. BOJ in credibility test as divisions emerge over inflation target TOKYO (Reuters) - Bank of Japan policymakers are divided over whether the central bank can meet its inflation target in two years, underlining concerns it has set an unrealistic goal in its battle to end 15 years of deflation despite plans for a massive burst of monetary stimulus. D.R. Horton profit soars as housing market strengthens (Reuters) - D.R. Horton Inc's quarterly profit almost tripled as it sold more homes at higher prices, and the No.1 U.S. homebuilder said the spring selling season was off to a strong start, sending its shares up 7 percent before the bell. Related Video Reuters Breakingviews: What Britain needs: "Three-I" Agenda Conservative Galaxy S4 won't derail Samsung's gravy train Economic News First-quarter growth quickens, but misses forecasts Jobless claims fall, labor market recovery advances A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend