TOP STORIES 
 
BANKS' BUSINESS IN BLOCK TRADES FACES NEW RISK 

Facing tighter regulations, Wall Street banks are turning to an old-school way to make a profit: using their own money to help investors sell big blocks of stock.

 
EASTERN UKRAINE'S PRO-RUSSIAN ACTIVISTS STAND FAST 
 

Pro-Russian activists in eastern Ukraine said they won't vacate government facilities they have occupied despite a compromise agreement struck a day earlier by international powers in Geneva that called on them to leave.

 
SOUTH KOREA FERRY CAPTAIN ARRESTED 
 

South Korean authorities arrested the captain of the sunken South Korean ferry as one of the crew confirmed accounts that the captain, 69-year-old Lee Joon-seok, was among the first to abandon the sinking ship.

 
SEARCH FOR MALAYSIA AIRLINES FLIGHT 370 CONTINUES 
 

An underwater search of a remote stretch of southern Indian Ocean seabed for the wreckage of Malaysia Airlines Flight 370 continued, with a deep-sea vehicle setting out on its fifth mission after previous sorties proved fruitless.

 
CALPINE TO SELL POWER PLANTS FOR $1.57 BILLION 
 

Calpine agreed to sell six power plants in its Southeast region to LS Power for $1.57 billion in cash, as part of the wholesale power company's effort to align its asset base with certain competitive wholesale power markets.

 
HOME-PRICE RISES SLOW IN CHINA 
 

Growth in residential property prices across large- and medium-size Chinese cities slowed further in March as lending limits and discounts undercut demand, according to analysts and property developers.

 
J.P. MORGAN NAMES ASIAN-PACIFIC VICE CHAIRMAN 
 

The chairman and chief executive in China for J.P. Morgan Chase, Shao Zili, is set to leave those roles and become its vice chairman for the Asian-Pacific region.

 
HTC HIRES FORMER SAMSUNG MARKETING CHIEF 
 

HTC is hoping to nab a bit of that Samsung shine, as it has hired the South Korean company's former U.S. marketing chief as a consultant.

 
MICROSOFT SELLS MORE THAN 5 MILLION XBOX ONES 
 

Microsoft said it has sold more than five million Xbox One consoles to retail shops since the product was launched in November.

 
LINKEDIN REACHES 300 MILLION MEMBERS GLOBALLY 
 

LinkedIn said it had reached 300 million members on its professional social-networking site, hitting the milestone about 10 years after launching.

 
RECORD LABELS SUE PANDORA OVER OLDER SONGS 
 

Record labels are suing Pandora Media for copyright infringement, accusing the Internet radio company of using songs recorded before 1972 without paying license fees.

 
 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
Heard on the Street 
DON'T DOUBT JAPAN'S RESOLVE TO REVIVE 
 

Investors are getting impatient for more monetary stimulus in Japan. They should cool their heels. Those that stick around are likely to be rewarded, Aaron Back writes.

 
Analysis 
BANKS' BUSINESS IN BLOCK TRADES FACES NEW RISK 
 

Facing tighter regulations, Wall Street banks are turning to an old-school way to make a profit: using their own money to help investors sell big blocks of stock.