PRESS DIGEST - Wall Street Journal - April 16

Wed Apr 16, 2014 2:00am EDT
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April 16 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

* Under pressure from unhappy clients and losing market share to rivals, Goldman Sachs Group Inc is trying to jump-start its stock-trading business. At recent trading conferences with top clients, including Fidelity Investments and BlackRock Inc< BLK.N>, and in private conversations, investors have vented their concerns with the way Goldman and other firms trade stocks, people familiar with the matter said. (

* Credit Suisse Group AG said Wednesday that first-quarter profit fell to 859 million Swiss francs ($976.91 million) from the 1.3 billion Swiss francs ($1.48 billion) it reported for the same period a year earlier as net revenue fell 8 percent to 6.47 billion Swiss francs ($7.36 billion).

* Defunct bitcoin exchange Mt. Gox has given up its plan to rebuild under bankruptcy protection and has asked a Tokyo court to allow it to be liquidated, people familiar with the situation said. (

* Online food-delivery company Seamless will revamp its fee structure after an investigation by New York state's attorney general found that restaurants could cheat delivery workers out of tips, officials said Tuesday. (   Continued...