• HIGH GAS PRICES GIVE DIESELS A SECOND CHANCE If gas prices have got you looking at auto options, European carmakers and even the EPA would like you to consider this: a cleaner and quieter generation of diesels that leave their 1970s brethren in the dust.
• WALL STREET JUMPS AFTER JOBS SURGE Pleased with a better-than-expected jobs report, investors sent stocks sharply higher on Wall Street Friday, setting aside worries on the potential for higher interest rates to focus on the 308,000 jobs created in March.
• SUN SETTLES WITH MICROSOFT Struggling server maker Sun Microsystems accepts $1.6 billion payment from longtime nemesis Microsoft to settle patent, antitrust complaints.
• AMERICA ONLINE SETS UP SOFTWARE CENTER IN INDIA Internet giant America Online, which has cut jobs on its home turf to deal with subscriber losses, is moving to save money by hiring employees and setting up a software development center in India.
• U.S. PAYROLLS ROCKET HIGHER IN MARCH U.S. employment surged last month at the fastest pace in nearly four years, easily outstripping expectations, as workers returned after a grocery store strike and construction hiring bounced back on better weather, a government report on Friday showed.