Eyes on Fed after ECB, other bank stimulus moves

NEW YORK - The Federal Reserve could be key for Wall Street next week as investors get to hear from the U.S. central bank for the first time since a series of moves by its global peers, including the European Central Bank's massive stimulus plan.

Recent Business News

Exclusive: Big mortgage investors take first step toward suing Ocwen

NEW YORK - Major mortgage bond investors including BlackRock , MetLife and Pimco on Friday took a first step toward suing Ocwen Financial Corp , accusing it of having failed to properly collect payments on $82 billion of home loans, according to a person familiar with the matter and to documents seen by Reuters.

23 Jan 2015

Expedia Inc acquires Travelocity in $280 million deal

- Expedia Inc has acquired online travel agency Travelocity from technology company Sabre Corp for $280 million in cash, the companies said in a statement on Friday, as consolidation in the online booking industry continues.

23 Jan 2015

U.S. seeks reversal of landmark insider trading ruling

NEW YORK - Federal prosecutors in New York on Friday asked a U.S. appeals court to reconsider a landmark ruling that curtailed their ability to pursue insider trading cases and jeopardized several convictions.

Online data storage provider Box's shares soar in debut

- Shares of online data storage provider Box Inc rose as much as 77 percent in their market debut as investors bet on the company's ability to turn profitable in a highly competitive market, boding well for another big year for IPOs. | Video

Tech, Deals 23 Jan 2015

Diaper wars: Kimberly to take on P&G through innovation, higher ad spend

- Kimberly-Clark Corp is set to increase advertising and promotional spending for its diapers and launch new products in an escalating war with bigger rival Procter and Gamble Co in North America.

23 Jan 2015


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