Fed could hint on rate-hike plans as it prepares for policy turn

WASHINGTON - The U.S. Federal Reserve on Wednesday could offer fresh clues on when it plans to begin lifting interest rates and how quickly it will move, as it prepares for a momentous policy turn after years of aggressive monetary stimulus.

Recent Business News

Microsoft boosts dividend 11 percent, adds new directors

SEATTLE - Microsoft Corp on Tuesday announced the smallest percentage increase in its quarterly dividend since 2009 and appointed new directors to replace two board members who decided not to seek re-election.

16 Sep 2014

New York says Barclays move to toss fraud case should be denied

NEW YORK - The New York attorney general on Tuesday rebutted Barclays Plc's motion to dismiss the state's lawsuit alleging fraud in how it ran a private trading platform, calling the arguments in the petition "misguided" and "disingenuous."

Boeing-Lockheed venture wins $938 million in U.S. rocket launch deal

WASHINGTON - United Launch Alliance, a joint venture of Boeing Co and Lockheed Martin Corp , has won a contract from the U.S. Air Force for $938 million in additional work on military rocket launch services, the Pentagon said on Tuesday.

Adobe revenue forecast misses, shares slip

- Photoshop maker Adobe Systems Inc's forecast disappointing revenue for this quarter and reported lower quarterly sales at its digital media business, which includes the Creative Cloud software suite.

16 Sep 2014

U.S. auto regulators defend role in GM recall after report

WASHINGTON - Federal auto safety regulators came under scrutiny in a Senate hearing on Tuesday for their role in General Motors' failure to promptly report and recall cars with defective parts that led to at least 19 deaths.


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