Here are 10 things you should know for Monday, April 4:
1. -- U.S. stock futures were rising Monday following Friday's report that showed U.S. jobs growth remained strong in March.
European shares posted slight gains, while Asian equities turned in a mix performance. Tokyo's Nikkei 225 index declined 0.3%.
Oil prices in the U.S. rose slightly to $36.88 a barrel.
2. -- The economic calendar in the U.S. Monday includes Factory Orders for February at 10 a.m. EDT.
3. -- U.S. stocks on Friday rose in a week peppered with Federal Reserve talk as well as the U.S. jobs report, arguably the most important data release of any month.
For the week, the S&P 500 added 1.8%, the Dow Jones Industrial Average gained 1.6%, and the Nasdaq rose 2.95%. The S&P 500 closed at its highest level of 2016 on Wednesday and again on Friday.
Including existing Virgin America debt and capitalized aircraft operating leases, the total transaction value is about $4 billion, the companies said in a press release Monday.
"With an expanded West Coast presence, a larger customer base, and an enhanced platform for growth, Alaska Airlines will be positioned to provide more choices for customers, increase competition and deliver attractive returns to investors," the press release said.
Burlingame, Calif.-based Virgin America began exploring options earlier this year after an unsolicited approach, a source told The Deal, and received interest from both Alaska and JetBlue Airways (JBLU - Get Report) as well as a handful of domestic and foreign investors.
A combination of Seattle-based Alaska and Virgin America would vault past JetBlue as the nation's fifth-largest carrier, and provide scale for two previously niche operators to become more of a national competitor. Alaska and Virgin America have little overlap -- less than 15% of their available seat miles are in competition -- meaning regulators are more likely to look favorably on this combination than they would a deal involving one of the four industry titans that currently combine to control about 80% of the U.S. market.
The solar-energy company is preparing a chapter 11 filing and is in talks with two creditor groups to obtain a loan to fund its operations during the process, people familiar with the matter told the Journal. Creditors are likely to take control of the company and its portfolio of power projects, the people said.
SunEdison, whose stock has plunged in recent months, would rank among the largest financial collapses in recent years, according to the Journal. The company used a combination of financial engineering and cheap debt to grow to be one of the country's biggest developers of renewable-power plants.
Shares of the Missouri-based company fell more than 60% in after-hours trading on Friday to less than 25 cents following the Journal's report.
The Model 3 is less than half the cost of Tesla's previous models, and its range is about double what drivers get from current competitors in its price range, such as the Nissan Leaf and BMW i3.
The Model 3 starts at $35,000 and has a range of 215 miles per charge.
People pay $1,000 to reserve their vehicle, which is slated to go into production in late 2017.
The deliberations on finding a partner to help fund the potential deal underscore Time's limited resources, Reuters noted. Yahoo!'s web business is estimated to be worth several billion dollars more than Time's market capitalization of just $1.6 billion.
Time held conversations with buyout firms before signing a non-disclosure agreement with Yahoo! recently that forbids bidders in the sale process from communicating with each other, the people told Reuters.
8. -- Blackstone Group (BX - Get Report) is buying Indian IT outsourcing services provider MphasiS from Hewlett Packard Enterprise (HPE - Get Report) in a deal that could cost Blackstone, the U.S. asset manager, up to $1.1 billion and be its biggest in the country, Reuters reported.
The deal underscores Blackstone's bullish outlook on the outsourcing business, where western clients send more IT jobs to countries such as India to cut costs, Reuters noted.
9. -- A parts shortage is delaying some shipments of Oculus VR's virtual-reality headsets, the Journal reported.
Oculus didn't specify the affected components, the expected length of the delay or how many shipments would be affected. A spokeswoman didn't respond to a request for comment from the Journal. Oculus said in an email that affected customers would get updated shipping dates on April 12.
Facebook is a holding in Jim Cramer's Action Alerts PLUS portfolio.
10. -- The release of a vast trove of documents and other data on offshore financial dealings of wealthy, famous and powerful people around the world is raising questions over the widespread use of such tactics to avoid taxes and skirt financial oversight, the Associated Press reported.
Reports by an international coalition of media outlets on an investigation with the Washington-based International Consortium of Investigative Journalists brought to light details of offshore assets and services of politicians, businesses and celebrities, based on a cache of 11.5 million records.
Among the countries with past or present political figures named in the reports are Iceland, Ukraine, Pakistan, Saudi Arabia, Russia and Argentina, the AP reported.
Australia's tax agency said Monday it was investigating more than 800 wealthy people for possible tax evasion linked to their alleged dealings with Mossack Fonseca, a Panamanian law firm with international offices that provide offshore financial services.