Microsoft sues DOJ
Microsoft is suing the government over the DOJ's authority to bar tech companies from telling customers when their data has been searched. Will we finally get clarity on the constitutionality of these searches?
Winners and losers
Stocks trading lower include Pier 1 Imports on a lowered profit guidance, Valeant as S&P lowered its credit rating to B from B+, and Seagate. Shares of the memory storage maker are down after it cut its outlook for the most recent quarter.
Stocks pulling higher today include Bank of America after earnings, Chipotle on a JPMorgan upgrade, and 3D Systems. The 3D printer company got a nice boost today as Bank of America/Merrill Lynch upgraded shares to buy from underperform and set a $26 price target.
Tesla across America
One of the biggest factors holding customers back from buying all-electric vehicles is range anxiety, or the fear that the car will run out of charge. Gianni Kovacevic, author of the book "My Electrician Drives a Porsche?," set out to prove range anxiety fears wrong by driving a Tesla across the U.S. Yahoo Finance's Nicole Sinclair sat down with him to discuss.
- In the morning, we'll get Industrial production figures for March. In February we saw a dip in production of 0.5%, month-over-month.
- In Washington, IMF and World Bank spring meetings begin. Central bank governors, finance ministers, and other government officials will be meeting over the next three days to discuss the global economy, international development, and the financial markets.
- And be sure to check out Yahoo Finance tomorrow morning at 6 a.m. ET for an exclusive interview with President Obama as he announces plans that will affect hundreds of millions of American consumers.