Reuters Business Today: March 15, 2017

Click to View in Browser Wednesday, March 15, 2017 Fed raises rates as job gains, firming inflation stoke confidence WASHINGTON (Reuters) - The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank's target. Wall St. up as Fed raises rates but stays course NEW YORK (Reuters) - U.S. stocks rose sharply on Wednesday after the Federal Reserve raised interest rates for the second time in three months, as expected. Big win for automakers as Trump orders fuel economy standards review DETROIT/WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday ordered a review of tough U.S. vehicle fuel-efficiency standards put in place by the Obama administration, handing a victory to auto industry executives and provoking criticism from Democrats and environmental groups. Gundlach expects short-term rally in U.S. Treasuries on Fed: CNBC NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Wednesday he expected a short-term rally in U.S. Treasuries and that investors should "use the strength" in U.S. stocks to take profits and diversify in overseas markets. Nasdaq CEO says tech partnership can help win $100 billion Saudi Aramco IPO BOCA RATON, Fla. (Reuters) - Nasdaq Inc is touting its technology credentials in its effort to win the listing of Saudi Aramco's upcoming initial public offering, the exchange operator's chief executive said in an interview. U.S. indicts Russian spies, hackers over massive Yahoo hack WASHINGTON (Reuters) - The U.S. government on Wednesday unsealed charges against two Russian spies and two criminal hackers for allegedly pilfering 500 million Yahoo user accounts in 2014. FCA CEO: 'zero interest' in pursuing merger talks with VW CEO DETROIT (Reuters) - The top executive of automaker Fiat Chrysler Automobiles NV said on Wednesday that he has "zero interest in pursuing" merger talks with his counterpart at Volkswagen AG Renault CEO Ghosn targeted in French diesel probe PARIS (Reuters) - France's consumer fraud watchdog told prosecutors that Renault boss Carlos Ghosn should be held responsible for the carmaker's suspected diesel emissions cheating, a judicial source said on Wednesday. Wells Fargo CEO Sloan receives $12.8 million, pay bump despite sales scandal NEW YORK (Reuters) - Wells Fargo & Co's board of directors awarded Chief Executive Timothy Sloan $12.8 million for his work last year, a 17 percent increase, according to a securities filing on Wednesday. Exclusive: Odebrecht Peru may miss payments to creditors as assets seized - source LIMA (Reuters) - Odebrecht's Peruvian unit might not be able to pay creditors and suppliers starting next month after $30 million of its local assets were seized by authorities to ensure it will pay eventual reparations for bribes, a company source said. Related Video Power plant spinoff burns a hole in E.On's books Energy drags Wall Street lower Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook