ULA exec resigns after saying firm shied away from price war with SpaceX
CAPE CANAVERAL, Fla. (Reuters) – A senior United Launch Alliance executive resigned on Wednesday after saying the firm last year refused to bid on a launch service contract for the U.S. military’s next-generation GPS satellite because it was hoping to …
New York’s Plaza Hotel to go on sale next month: Bloomberg
(Reuters) – New York’s Plaza Hotel is set to go on sale in an auction next month, Bloomberg reported on Wednesday.
Citigroup CEO Corbat gets 27 pct pay hike in 2015
(Reuters) – Citigroup Inc raised Chief Executive Michael Corbat’s pay by about 27 percent in 2015, a year in which the bank’s profit more than doubled.
Fed holds steady, eyes two rate hikes this year
WASHINGTON (Reuters) – The Federal Reserve held interest rates steady on Wednesday and indicated that moderate U.S. economic growth and “strong job gains” would allow it to tighten policy this year, with fresh projections showing policymakers expected …
Wall St. closes at 2016 high as Fed signals fewer rate hikes
NEW YORK (Reuters) – The S&P 500 closed at its highest level of the year on Wednesday after the U.S. Federal Reserve left interest rates untouched and signaled fewer rate hikes in coming months.
Chipotle mulls more food giveaways as customers slowly return
(Reuters) – Chipotle Mexican Grill Inc could give away roughly 9 million burritos as it fights to win back customers following several food safety mishaps that have dented its sales.
Dollar slides, stocks rise after dovish Fed statement
NEW YORK (Reuters) – The S&P 500 closed at its highest in 2016, leading global stock gains, while the U.S. dollar weakened after the Federal Reserve held interest rates steady while lowering expectations for the number of rate hikes this year.
Caesars investors weigh impact of harsh examiner report
(Reuters) – Investors in Caesars Entertainment Corp were scrambling on Wednesday to grasp the cost from a court-ordered investigation that said the casino company could face $5 billion in potential damages from the bankruptcy of its operating unit.
U.S. data points to firming economy, inflation
WASHINGTON (Reuters) – Underlying U.S. inflation increased more than expected in February as rents and medical costs maintained their upward trend, which could keep the Federal Reserve on course to gradually raise interest rates this year.
Oil up 6 percent as producers set meeting, Fed seen less hawkish
NEW YORK (Reuters) – U.S. oil prices jumped almost 6 percent on Wednesday, erasing losses of the past two days, after major producers firmed up plans to meet in Qatar to discuss an output freeze and U.S. crude stockpiles grew less than expected.
