Business
Bernanke says Fed likely to reduce stimulus this year
WASHINGTON - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year.
Recent Business News
Switzerland buries U.S. tax law, banks seen at risk
BERNE - Swiss lawmakers dealt a death blow on Wednesday to a draft law which aimed to protect the country's banks from criminal charges in the United States for helping wealthy Americans evade tax.
Orders top $100 billion as Ryanair gives Boeing a boost
PARIS - Orders at the Paris Airshow surpassed $100 billion on Wednesday, as planemakers Boeing and Airbus cashed in on demand for fuel-efficient jets and growth in both budget carriers and emerging markets. | Video
SandRidge CEO Tom Ward ousted, Bennett takes job
- SandRidge Energy Inc's board of directors on Wednesday said Chief Executive Officer Tom Ward will be replaced by company president James Bennett, citing a need for new leadership at the U.S. oil and gas company.
Exclusive: Forest mulls bid for Irish drugmaker Elan - sources
NEW YORK - Forest Laboratories Inc, the specialty drugmaker that counts investor Carl Icahn as a major shareholder, is among a handful of companies interested in bidding for Irish drugmaker Elan Corp Plc, two people familiar with the situation said.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 15,112.19 |  -206.04 |
-1.35% |
| S&P 500 | 1,628.93 | -22.88 |
-1.39% |
| NASDAQ | 3,443.20 | -38.98 |
-1.12% |
| TR US Index | 147.76 | -2.04 |
-1.36% |
+237.94Sector Summary
| Energy | -1.12% |
| Basic Materials | -0.93% |
| Industrials | -0.84% |
| Cyclical Goods & Services | -0.75% |
| Non-Cyclical Goods & Services | -1.25% |
| Financials | -1.12% |
| Healthcare | -1.33% |
| Technology | -0.94% |
| Telecoms | -1.51% |
| Utilities | -1.99% |
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