Business

Photo

Fed upbeat on U.S. economy, cites strong job gains

WASHINGTON - The Federal Reserve on Wednesday said the U.S. economy was expanding "at a solid pace" with strong job gains in a signal that the central bank remains on track with its plans to raise interest rates this year. | Video

Recent Business News

McDonald's CEO Don Thompson to retire

- McDonald's Corp said Chief Executive Don Thompson would retire at the end of February and be succeeded by Steve Easterbrook, the company's chief brand officer.

6:31pm EST

Big banks fail to dismiss U.S. currency rigging lawsuit

NEW YORK - A federal judge on Wednesday said U.S. investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the $5.3 trillion-a-day foreign exchange market.

Boeing fourth-quarter profit surges; sees cash rise in 2015

- Boeing Co reported a 23 percent increase in core fourth-quarter profit on Wednesday, topping analysts' estimates and sending its shares up 4.3 percent. | Video

3:49pm EST

Amazon ramps up enterprise push with email service

SAN FRANCISCO - Amazon.com Inc accelerated its efforts to win over corporate clients on Wednesday by announcing an email and scheduling service that will compete with Microsoft Corp and Google Inc .

5:35pm EST

GM says it has no plans to extend ignition switch claims deadline

DETROIT - General Motors Co on Wednesday said it does not plan to extend a Jan. 31 deadline to file claims in its faulty ignition switch compensation program, rejecting pleas from two U.S. senators to extend the cutoff.

5:34pm EST

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary

Energy +0.01%