 | | | | Lennar Corp reported an about 35% rise in quarterly profit on Wednesday, as the No.2 U.S. homebuilder benefited from consistently high demand for houses and surging prices. | | | | | | Aurora Innovation Inc on Wednesday said it had launched a pilot program with the freight unit of Uber Technologies Inc to transport goods in Texas and to integrate autonomous trucking into Uber Freight's shipping platform. | | | | | | Wall Street ended sharply higher on Wednesday after the Federal Reserve said it would end its pandemic-era bond purchases in March as it exits from policies enacted at the start of the health crisis. | | | | | | A former partner at the McKinsey consulting firm pleaded guilty to insider trading ahead of Goldman Sachs Group Inc's agreement to buy fintech lender GreenSky Inc for $2.24 billion, U.S. prosecutors said on Wednesday. | | | | | | EU lawmakers voted on Wednesday to beef up draft rules to rein in U.S. tech giants, including extending the scope to their retailing activities and to their business users outside Europe, as part of their common position in forthcoming talks with EU countries. | | | | | | Telecom Italia's (TIM) top investor Vivendi is considering pushing for a board reshuffle at the Italian phone group in an attempt to oust former CEO Luigi Gubitosi, according to four people familiar with the matter. | | | | | | The Federal Reserve, signaling its inflation target has been met, said on Wednesday it would end its pandemic-era bond purchases in March and pave the way for three quarter-percentage-point interest rate hikes by the end of 2022 as it exits from policies enacted at the start of the health crisis. | | | | | | Global shares rose slightly on Wednesday after the U.S. Federal Reserve said it would end its pandemic-era bond purchases in March. | | | | | | Private equity firm Madison Dearborn Partners LLC has approached MoneyGram International Inc , one of the world's largest money transfer companies, with an acquisition offer, two people familiar with the matter said on Wednesday. | | | | | | U.S. passenger railroad Amtrak said on Wednesday that Chief Executive Bill Flynn will retire next month and be replaced by its president as it begins a big expansion of operations funded by Congress. | | | | | |
