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Wall St. flat; all eyes on Fed policy decision

U.S. stocks were little changed in early afternoon trading on Wednesday as investors awaited the Federal Reserve's policy decision for clues on the future path of interest rates.

Recent Business News

General Mills profit misses as U.S. yogurt sales sour

General Mills Inc reported a smaller-than-expected quarterly profit as yogurt and cereal sales declined in North America, sending the company's shares down 9 percent to their lowest levels in nearly two years.

11:12am EDT

Waymo seeking $2.6 billion for one trade secret against Uber

SAN FRANCISCO An Uber [UBER.UL] lawyer on Wednesday said Alphabet Inc's Waymo unit is seeking about $2.6 billion for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars.

1:33pm EDT

Google close to buying smartphone maker HTC's assets: Bloomberg

Alphabet Inc's Google is close to acquiring assets of Taiwanese smartphone maker HTC Corp , Bloomberg reported, citing a person familiar with the matter.

Tech, Deals 1:09pm EDT

UPS expects to hire about 95,000 workers for holiday season

U.S. package delivery company United Parcel Service Inc said on Wednesday it expected to hire about 95,000 seasonal employees for the upcoming, crucial peak holiday season.

10:21am EDT

BlackRock's Fink says he is committed to gender diversity

NEW YORK BlackRock Inc Chief Executive Larry Fink on Wednesday said the largest asset manager must mirror its customers in terms of gender, in comments that come as the company has become more vocal about shareholder and activist efforts to boost workplace diversity.

12:56pm EDT


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