| | | NEW YORK (Reuters) - The S&P 500 closed flat on Wednesday, with a four-day rally in the index just barely coming to an end after Procter & Gamble cut its outlook, though some positive earnings limited the decline and eased concerns that valuations had become stretched. | | | | | | NEW YORK (Reuters) - The Federal Reserve will probably have to return to more "traditional" policy-making now that the U.S. jobless rate has fallen to 6.6 percent, so close to the U.S. central bank's existing 6.5-percent threshold for considering an interest-rate rise, a top Fed official said on Wednesday. | | | | | | | BRASILIA (Reuters) - A severe drought stretching Brazil's finances by pushing up its energy bill could force the government to lower its primary budget surplus target this year, a senior official told Reuters. | | | | | | | DETROIT (Reuters) - A one-two punch of bad weather and overproduction has ignited a price war among U.S. car dealers and manufacturers. | | | | | | | SAN FRANCISCO (Reuters) - Apple Inc is in talks with Time Warner Cable and other content partners for a faster TV set-top box with a new user-interface that could be revealed as soon as April, Bloomberg cited sources familiar with the matter as saying. | | | | | | | LONDON (Reuters) - The savings of the European Union's 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says. | | | | | | | LONDON (Reuters) - The Bank of England said on Wednesday British interest rates could start to rise from record lows in little more than a year as a rapid recovery brings the economy closer to operating at full steam. | | | | | | | NEW YORK (Reuters) - Corporate bylaw amendments that prohibit a prospective board member from gaining a board seat if the person receives compensation from a shareholder undermine shareholders' rights, activist investor Carl Icahn said on Wednesday. | | | | | | NEW YORK (Reuters) - Morgan Stanley's investment management unit is setting a goal of reaching $500 billion in assets and a 20 percent return-on-equity by 2016, the head of that business said on Wednesday. | | | | | | PANAMA CITY (Reuters) - The Panama Canal has set a target of no more than a week to reach a deal to jumpstart work on a multi-billion dollar expansion of the waterway amid a cost row, its administrator said on Wednesday. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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