Google faces antitrust lawsuit on U.S. mobile Internet search

Reuters: Consumer rights law firm Hagens Berman said it filed a nationwide antitrust class-action lawsuit against Google Inc. alleging the company "illegally monopolized" the Internet and mobile search market in the United States. The lawsuit alleges that Google has expanded its monopoly of the Internet search market by pre-loading its applications onto Android mobile devices through its Mobile Application Distribution Agreements.

 

Payrolls in U.S. rise most since 2012; unemployment at 6.3 percent

Bloomberg: Employers boosted payrolls in April by the most in two years and the jobless rate plunged to 6.3 percent as companies grew confident the U.S. economy was emerging from a first-quarter slowdown. The 288,000 gain in employment was the biggest since January 2012 and followed a revised 203,000 increase the prior month, according to Labor Department figures released today in Washington. The median forecast in a Bloomberg survey of economists called for a 218,000 advance. Unemployment dropped to the lowest level since September 2008.

 

Top 20 stable stocks to buy now

CNNMoney: Forget April showers. A storm descended on Wall Street in recent weeks, and high-flying momentum stocks like Facebook and LinkedIn have been washed out. Cash has been flowing instead into the more comforting arms of stable names such as Walt Disney and Comcast. Call it the "safe rotation" on Wall Street: Sexy is out, boring is in.