 | | | | The Federal Reserve on Wednesday signaled it is likely to raise U.S. interest rates in March and reaffirmed plans to end its bond purchases that month as well before launching what was characterized as a significant reduction in its asset holdings. | | | | | | Chevron Corp on Wednesday raised its quarterly dividend by 8 cents to $1.42 per share as prices for oil and gas tick up on the back of rebound in fuel demand. | | | | | | Top U.S. oil-producing states are trying to wrest oversight of carbon capture wells from federal regulators, hoping to speed the oil industry's preferred approach to combating climate warming amid calls for limits on fossil fuel production. | | | | | | The stock fell over 2% in after-hours trading. | | | | | | Levi Strauss & Co forecast full-year sales above Wall Street estimates on Wednesday after topping quarterly revenue expectations, as the denim maker benefits from strong demand for its jeans and jackets with more people stepping out of their homes. | | | | | | Chipmaker Intel Corp delivered record fourth-quarter revenue, but its forecast for first-quarter earnings fell short of Wall Street expectations. | | | | | | Prominent U.S. business leaders expressed support for key parts of President Joe Biden's proposed $1.75 trillion spending bill on climate and social programs even as it faces an uncertain future in Congress. | | | | | | Cryptocurrency exchange FTX US said on Wednesday it was valued at $8 billion after raising $400 million in its first funding round from investors including Japan's SoftBank Group Corp and Singapore's Temasek Holdings (TEM.UL). | | | | | | Ford Motor Co and longtime Chinese partner Jiangling Motors Corp have formed a joint venture aimed at strengthening Ford's sales efforts and reach in China, the companies said Wednesday. | | | | | | Mexican bank Inbursa said it would wait to know more about the sale of Citigroup's Mexico retail operations, known as Citibanamex, before expressing interest in the unit, an Inbursa executive said on Wednesday. | | | | | |
