 | | | | The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected. | | | | | | Lennar Corp (LEN.N) reported a better-than-expected quarterly profit on Wednesday, helped by higher home prices as supply of new homes remains tight even as demand soars. | | | | | | The Federal Aviation Administration (FAA) on Wednesday issued a directive for Boeing (BA.N) requiring operators of 737 MAX airplanes to conduct additional inspections for the plane's automated flight control system. | | | | | | General Motors Co (GM.N) on Wednesday boosted its spending on electric and autonomous vehicles, pulled ahead plans for two U.S. battery plants and forecast stronger-than-expected second-quarter profits. | | | | | | All three main Wall Street indexes fell on Wednesday afternoon, as investors digested news from the Federal Reserve that it expects the first post-pandemic interest rate hikes to be sooner than forecast. | | | | | | The Justice Department said on Wednesday it would sue to stop insurance broker Aon's (AON.N) $30 billion acquisition of Willis Towers Watson. | | | | | | The three main Wall Street indexes all fell on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that they are projecting interest rate hikes for 2023, which was earlier than investors had expected. | | | | | | Alphabet Inc's (GOOGL.O) self-driving unit Waymo said on Wednesday it raised $2.5 billion in its first fresh funding round in a year, after a string of defections of executives rekindled concerns about the technology struggling to scale up. | | | | | | Facebook Inc (FB.O) said on Wednesday it had removed a network of fake accounts in Ethiopia targeting domestic users ahead of next week's elections, which it linked to individuals associated with the country's Information Network Security Agency. | | | | | | Apple (AAPL.O) boss Tim Cook took aim on Wednesday at proposed European rules aimed at curbing the power of U.S. tech giants, saying they could pose security and privacy risks to iPhones. | | | | | |
