 | | | | NEW YORK (Reuters) - U.S. stocks closed lower on Wednesday in a rocky session after the release of the minutes from the Federal Reserve's January meeting pushed yields on the benchmark 10-year U.S. Treasury note to a four-year high. | | | | | | SEOUL, Feb 21 (Reuters) - General Motors (GM) has proposed an investment of $2.8 billion into its loss-making South Korean operations over the next 10 years and has asked Seoul to provide its share of the funds, a South Korean government official said on Wednesday. | | | | | | (Reuters) - Microchip maker Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion as it objected to Qualcomm's decision to raise its own bid for NXP Semiconductors NV to $44 billion. | | | | | | JERUSALEM (Reuters) - Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in southern Israel, Israeli Economy Minister Eli Cohen said on Wednesday after talks with the U.S. chipmaker. | | | | | | WASHINGTON (Reuters) - U.S. home sales unexpectedly fell in January, leading to the biggest year-on-year decline in more than three years, as a chronic shortage of houses lifted prices and kept first-time buyers out of the market. | | | | | | SAN FRANCISCO (Reuters) - Netflix Inc, Amazon.com Inc and technology companies poised to benefit from U.S. corporate tax cuts are attracting fresh attention on Wall Street after their shares shrugged off recent market turbulence. | | | | | | DETROIT (Reuters) - Ford Motor Co said on Wednesday that its president for North America Raj Nair was leaving the company effective immediately following an investigation into reports of inappropriate behavior. | | | | | | NEW YORK (Reuters) - Mobile banking apps keep getting better, but 60 percent of Americans would still rather open a new checking account in person at a bank branch than on a phone, tablet or desktop computer, according to a new survey. | | | | | | FRANKFURT (Reuters) - Volkswagen has agreed to raise the wages of around 120,000 workers in Germany by 4.3 percent from May, resolving a dispute that had prompted its first strikes since 2004. | | | | | | MUMBAI (Reuters) - India's state-run Punjab National Bank has stepped up its controls on the use of global payments network SWIFT following an alleged $1.77 billion fraud, according to memos issued this month and seen by Reuters. | | | | | |
