Futures little changed with Fed minutes on tap

NEW YORK - Stock futures were little changed on Wednesday after the S&P 500 notched two straight days of gains and ahead of the release of minutes from the most recent meeting of the Federal Reserve.

Recent Business News

Citigroup seeks to exit Japanese retail banking : source

TOKYO - Citigroup Inc is preparing to sell its Japanese retail banking operations, a source with direct knowledge of the matter said on Wednesday, as it waves the white flag on a venture plagued by regulatory troubles and anemic lending.

Deals, Japan 6:28am EDT

Home improvement chain Lowe's Cos cuts sales forecast

- Lowe's Cos Inc , the world's No. 2 home improvement products retailer, reduced its sales forecast for the full year, sending its shares down 4 percent in premarket trading.

6:51am EDT

Staples says weakness in core office supplies hurting sales

- Staples Inc warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink and toner in North America amid stiff competition from online retailers and big-box chains.

7:06am EDT

Alaska oil tax supporters fending off repeal efforts

JUNEAU Alaska - Alaska voters looked on track to narrowly uphold a new law that cuts taxes on oil production and is worth up to $1 billion a year to companies such as ConocoPhillips , BP Plc and Exxon Mobil Corp .

7:04am EDT

StanChart penalty a blow for Hong Kong as city looks to clean up image

HONG KONG - Hong Kong's de facto central bank moved to defend itself on Wednesday after a New York regulator penalized Standard Chartered Plc for what it described as anti-money laundering failings in its United Arabs Emirates and Hong Kong businesses. | Video

7:16am EDT


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