Wall Street climbs further after Fed minutes; industrials lead
(Reuters) – U.S. stocks advanced on Wednesday, with the Dow and S&P 500 on track for their seventh gain in eight sessions, buoyed by stocks in economically sensitive areas such as industrials and technology.
Mexico’s Televisa says studying whether to keep divisions together
MEXICO CITY (Reuters) – Mexican broadcaster Televisa said on Wednesday that it was considering whether to keep the company intact or to spin off some divisions, as it tries to adapt to a changing media market and shore up advertising.
Broadcom cuts Qualcomm offer to $117 billion after new NXP deal
(Reuters) – Microchip maker Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion as it objected to Qualcomm’s decision to raise its own bid for NXP Semiconductors NV to $44 billion.
Tech stocks boost Wall Street ahead of Fed minutes
(Reuters) – Gains in technology shares powered Wall Street’s main indexes on Wednesday ahead of minutes of the Federal Reserve’s most recent policy meeting.
Americans prefer bank branches over mobile apps for opening new accounts
NEW YORK (Reuters) – Mobile banking apps keep getting better, but 60 percent of Americans would still rather open a new checking account in person at a bank branch than on a phone, tablet or desktop computer, according to a new survey.
Tight supply, rising prices undercut on U.S. home sales
WASHINGTON (Reuters) – U.S. home sales unexpectedly fell in January, leading to the biggest year-on-year decline in more than three years, as a chronic shortage of houses lifted prices and kept first-time buyers out of the market.
Trump signals he’s open to mileage tax with praise of Oregon program
WASHINGTON (Reuters) – The White House on Wednesday praised an experimental program in Oregon that charges a mileage tax to volunteer drivers, adding to signals that President Donald Trump is open to finding new revenue sources to pay for his proposed …
German neo-Nazis are trying to infiltrate Daimler: works council
FRANKFURT (Reuters) – Neo-Nazis are attempting to infiltrate one of Germany’s biggest car makers, Daimler , to turn a key factory into a showcase for their views, the plant’s works council said on Wednesday.
Gains in tech stocks, Amazon drive Wall St. higher
(Reuters) – U.S. stocks rose on Wednesday, with technology shares and Amazon driving gains ahead of minutes of the Federal Reserve’s most recent policy meeting.
Broadcom trims Qualcomm offer to $117 billion after new NXP deal
(Reuters) – Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion, after the latter raised the stakes in the chipmaker takeover battle with a sweetened $44 billion agreement to acquire NXP Semiconductors NV .
