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Apple, Boeing keep Wall Street afloat; energy weighs

NEW YORK - U.S. stocks were buoyed on Wednesday by earnings including Apple and Boeing, but a sharp drop in energy shares cut into gains, leaving indexes little changed.

Recent Business News

Sotheby's to raise charges for art buyers

NEW YORK - Buying art at Sotheby's will soon become more expensive as the top international auction house announced it is increasing its buyer's premium, the rates it charges a successful bidder.

12:29pm EST

Fiat Chrysler meets full year profit guidance

MILAN - Fiat Chrysler Automobiles reported full-year operating profit in line with its guidance on Wednesday as strong results from North America and improving operations in Europe and Asia managed to offset weakness in Latin America.

10:38am EST

Cost-cutting VW bets big to revamp loss-making luxury Phaeton

BERLIN - With Volkswagen having embarked on a big cost-cutting drive, industry experts are baffled why the "people's car" maker plans to spend millions of euros upgrading a money-losing luxury sedan.

11:14am EST

Apple seen boosting share buybacks after blockbuster results

- Apple Inc's blockbuster results and a ballooning cash pile may prompt the company to boost share buybacks and dividends this year, with some analysts expecting the iPhone maker to return more than $200 billion to investors.

10:56am EST

Exclusive: EU considers capital markets curbs among new Russia sanctions

BRUSSELS - New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds, EU officials said on Wednesday.

12:21pm EST

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