Business Today: Wall St. ends higher after Fed minutes; Dow's best day in a month

	Click to View in Browser 05/21/2014 Wall St. ends higher after Fed minutes; Dow's best day in a month NEW YORK (Reuters) - U.S. stocks rose on Wednesday, rebounding from the previous day's broad selloff, after minutes of the Federal Reserve's last meeting showed central bankers have discussed the eventual tightening of monetary policy but made no decisions on which tools to use. Fed begins policy exit talks, split on view of U.S. job market WASHINGTON (Reuters) - Federal Reserve policymakers last month began to lay groundwork for an eventual retreat from their extraordinarily easy monetary policy with a discussion of the tools they could employ to accomplish the task, with no final decisions taken. GM adds 218,000 older cars as number of U.S. recalls this year hits 29 DETROIT (Reuters) - General Motors Co is recalling more than 218,000 older Chevrolet small cars in the United States and its territories due to a potential fire hazard, bringing U.S. recalls at the automaker this year to 29 and a record number of vehicles. Exclusive: Reynolds American, Lorillard in advanced merger talks NEW YORK (Reuters) - Reynolds American Inc is in active discussions to buy Lorillard Inc in a complicated, three-way transaction that could see British American Tobacco PLC take a major role to back a potential merger, according to people familiar with the matter. Senate backs Fischer for Fed board WASHINGTON (Reuters) - The U.S. Senate on Wednesday approved Stanley Fischer's nomination to the Federal Reserve Board of Governors, adding a potentially influential voice to the developing debate over Fed policy in the post-crisis era. Fiat Chrysler CEO says automakers now more sensitive to safety issues WASHINGTON (Reuters) - Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said on Wednesday that the fallout from General Motors' delay in recalling millions of cars for faulty ignition switches has prompted automakers to be more sensitive to safety issues. Boeing wants to be more like Apple, CEO McNerney says SEATTLE (Reuters) - Boeing Co Chief Executive Jim McNerney said the company wanted to be more like Apple Inc in the way it innovates, rather than doing a "moon shot" development every 25 years. Target shows signs of turnaround but discounting mutes outlook (Reuters) - Target Corp reported a 16 percent drop in first-quarter profit but showed some signs of progress in its efforts to rebuild customer confidence in the wake of a massive theft of payment card data and a botched expansion into Canada. BP to appeal Gulf oil spill payment ruling to U.S. Supreme Court (Reuters) - BP Plc, seeking to limit costs related to the 2010 Gulf of Mexico oil spill, said it would ask the U.S. Supreme Court to review whether it must pay some businesses for economic damages without proof that the spill caused such losses. Swiss pressure rises on Credit Suisse boss Dougan after U.S. deal ZURICH (Reuters) - Pressure on Credit Suisse boss Brady Dougan to quit shows no signs of abating in Switzerland following this week's $2.5 billion settlement with the U.S. authorities over charges that it helped Americans evade taxes by hiding their assets in secret bank accounts. Related Video Laser scanner could spell the end for airport liquids ban Immigration 'top concern' in Euro vote Economic News Fed begins policy exit talks, split on view of U.S. job market Senate backs Fischer for Fed board 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 - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend