Delta may place order for 100 Airbus A321neo jets: sources
PARIS/NEW YORK (Reuters) – Delta Air Lines looked close on Wednesday to placing an order for 100 Airbus A321neo jets in a boost for the European planemaker as it tries to narrow a 2017 order gap against Boeing , two people familiar with the matter sa…
Fed raises interest rates, keeps policy outlook unchanged for 2018
WASHINGTON (Reuters) – The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. …
Exclusive: Ford to base Fusion production in China, ship to U.S. – sources
(Reuters) – Ford Motor Co plans to consolidate global production of midsize sedans in China in 2020 and ship them to the United States and Europe, three sources said on Wednesday.
Industrial stocks drive Wall Street higher; Fed decision eyed
(Reuters) – A surge in shares of Caterpillar and Boeing lifted the Dow industrials to record level in early afternoon trading on Wednesday, ahead of a widely-expected interest rate hike by the Federal Reserve.
Republicans reach deal on final tax legislation
WASHINGTON (Reuters) – Congressional Republicans have reached a deal on final tax legislation, the top Senate Republican tax writer said on Wednesday, an achievement that would clear the way for final votes in the Senate and House of Representatives ne…
Wall Street higher on tech gains; Fed decision awaited
(Reuters) – U.S. stocks inched higher on Wednesday powered by technology stocks but shares of big banks lost steam ahead of a widely-expected interest rate hike in the afternoon.
U.S. core inflation slows, puts spotlight on 2018 interest rate outlook
WASHINGTON (Reuters) – Underlying U.S. consumer inflation slowed in November, held down by weak healthcare costs and the biggest drop in apparel prices in nearly two decades, which could impact the pace at which the Federal Reserve raises interest rate…
Bitcoin fever exposes crypto-market frailties
LONDON/NEW YORK (Reuters) – As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to acce…
Wall Street scales higher on tech gains; Fed’s rate decision awaited
(Reuters) – Wall Street indexes advanced on Wednesday as technology stocks gained and traders took positions, overlooking concerns of benign inflation ahead of a likely interest rate hike by the Federal Reserve later in the day.
Novartis generics arm says may sell or end some products
ZURICH (Reuters) – Swiss drugmaker Novartis’s Sandoz generics business is in the process of selling or closing some products in the United States, it said on Wednesday.
