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What's In The News: April 8, 2011

Financial News Network
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April 08, 2011 AT 12:47 PM
This is what's in the news for Friday, Arpil 8th. Reuters reports that a U.S. government shutdown would temporarily stop IPOs as the SEC announced that it will be unable to process any company filings... The Wall Street Journal reports that Federal securities regulators are moving toward easing constraints on share issues by private companies that could remake the way American start-up companies raise capital... And finally, The Detroit News reports that the Alliance of Automobile Manufacturers, the trade association representing GM (GM), Ford (F), Chrysler (FIATY), Toyota (TM) and eight others, opposes a federal legislative proposal to require nearly all vehicles to run on a high blend of ethanol by 2016.