 | | | | U.S. grain trader Archer Daniels Midland Co said on Wednesday it will seek voluntary early retirements by some North American employees and may eliminate individual jobs as part of a restructuring of specific areas. | | | | | | Chief executives of some of the largest U.S. banks faced off with the House Financial Services committee for the first time since the financial crisis on Wednesday armed with the healthy balance sheets, but lawmakers grilled executives more on social issues than business fundamentals. | | | | | | Chief executive officers of some of America's largest banks, including JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc, on Wednesday testified before Congress, where they were grilled on a wide range topics. | | | | | | Technology stocks led Wall Street slightly higher on Wednesday, as U.S. inflation data proved to be benign and the minutes from the Federal Reserve's March meeting were unsurprising. | | | | | | The euro rose and world stock markets edged higher on Wednesday amid tame U.S. inflation data and as the European Central Bank left its ultra-easy policy stance unchanged but warned that economic risks remained to the downside. | | | | | | Delta Air Lines Inc on Wednesday lifted its 2019 revenue forecast after reporting better-than-expected quarterly profits, boosted by robust travel demand and a renewed agreement with credit-card issuer American Express Co. | | | | | | Prosecutors are planning to file criminal charges against Brazil's miner Vale SA and its employees over the collapse of a mine-waste dam in January that killed hundreds of people, the Wall Street Journal reported, citing the lead investigator. | | | | | | U.S. consumer prices increased by the most in 14 months in March, but the underlying inflation trend remained benign amid slowing domestic and global economic growth. | | | | | | The U.S. federal government posted a $147 billion budget deficit in March, according to data released on Wednesday by the Treasury Department. | | | | | | Oil futures climbed more than 1 percent on Wednesday after U.S. data showing a deep decline in gasoline stocks overrode a rise in crude inventories to 17-month highs, and as an OPEC report showed further tightening of Venezuela's crude supply. | | | | | | The wife of ousted Nissan boss Carlos Ghosn returned to Japan on Wednesday and intends to testify to Tokyo prosecutors, a source close to her entourage said, days after she left the country to seek help from the French government. | | | | | |
