Wall St. declines after data; automakers fall

NEW YORK - U.S. stocks eased on Wednesday as weaker-than-expected data spurred concerns over economic growth ahead of Friday's jobs report and first-quarter earnings.

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Morgan Stanley boosts CEO pay to $16 mln in 2014: filing

NEW YORK - Morgan Stanley's board boosted Chairman and Chief Executive James Gorman's compensation by one-third last year, saying the bank's performance was "strong" but had "room for continued progress," according to its proxy filing on Wednesday.

6:18pm EDT

McDonald's Corp raising average worker wage to around $10

LOS ANGELES - McDonald's Corp plans to raise the average pay of about 90,000 U.S. workers to around $10, the fast-food giant said on Wednesday, but the move will not affect workers at the vast majority of the restaurants, which are operated by franchisees.

5:27pm EDT

U.S. says HSBC must do more to improve compliance

NEW YORK - HSBC Holdings Plc is making progress toward cleaning up its operations, after reaching a $1.92 billion settlement of charges related to money laundering, but has not done enough, the U.S. Department of Justice said on Wednesday.

U.S. judge refuses to delay code theft trial for ex-Goldman programmer

NEW YORK - A New York judge on Wednesday rejected a request from prosecutors to delay the scheduled trial of former Goldman Sachs Group Inc computer programmer Sergey Aleynikov, who is charged with stealing code from the investment bank.

U.S. private payrolls, factory data point to weak first quarter growth

WASHINGTON - U.S. private employers added the smallest number of workers in more than a year in March and factory activity hit a near two-year low, fresh signs that economic growth slowed significantly in the first quarter.

3:18pm EDT


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