 | | | | Retail and technology stocks led Wall Street back to positive territory on Wednesday, and the small-cap Russell 2000 hit a new intra-day high, even as traders remained on edge about geopolitics and rising U.S. interest rates. Smaller companies continued to outperform their larger rivals with the Russell 2000 reaching a record level. The index was last up 1.3 percent. | | | | | | The U.S. toy industry looks set for a flurry of mergers and acquisitions between smaller toy makers in the aftermath of the Toys 'R' Us bankruptcy, as they seek more scope and negotiating power with big box retailers Target and Walmart . | | | | | | Square Inc's decision to allow users of its mobile app to buy and sell bitcoin this year was a "pretty contentious move within the company" and remains a source of internal tension, the payment processor's CEO Jack Dorsey said on Wednesday. | | | | | | (Reuters) - The Redstone family sought on Wednesday to amend CBS Corp's bylaws to prevent its board of directors from issuing a special stock dividend that would eliminate much of its voting power, as a court room showdown between them loomed. | | | | | | NEW YORK (Reuters) - Italy's borrowing costs jumped on Wednesday and the country's stocks slid after reports that the two parties seeking to form Italy's next government might seek debt forgiveness, while the U.S. dollar rallied further to a five-month high. | | | | | | (Reuters) - Macy's Inc raised its full-year profit forecast on Wednesday and reported better-than-expected quarterly and same-store sales, helped by strong international tourism spending, a new loyalty program and a greater assortment of products offered in stores. | | | | | | (Reuters) - Twenty First Century Fox's Chief Executive Officer James Murdoch will leave the company and be succeeded by brother Lachlan once the company sells off its TV and film assets to Walt Disney Co . | | | | | | WASHINGTON (Reuters) - The United States is pushing for a deal in negotiations on a revised North American Free Trade Agreement (NAFTA), the White House said on Wednesday, but Canadian and Mexican officials were not due in Washington for talks before a Thursday deadline. | | | | | | WASHINGTON (Reuters) - Goldman Sachs Group Inc has launched a global training initiative to safeguard the tight-knit culture it developed as a private partnership, even as the bank marks its 19th year as a publicly traded company. | | | | | | CARACAS (Reuters) - Venezuelan authorities said they were reactivating a Kellogg Co plant under worker control on Wednesday, a day after the U.S. multinational food producer pulled out of the crisis-hit country. | | | | | |
