 | | | | Federal Reserve officials in March "generally agreed" to cut up to $95 billion a month from the central bank's asset holdings as another tool in the fight against surging inflation, even as the war in Ukraine tempered the first U.S. interest rate increase. | | | | | | BlackBerry Ltd plans to negotiate a settlement of an eight-year-old lawsuit claiming it defrauded shareholders by overstating demand for its BlackBerry 10. | | | | | | Levi Strauss & Co on Wednesday beat Wall Street estimates for quarterly revenue, helped by price increases as well as strong demand for its jeans, tops and jackets as more people venture out. | | | | | | The U.S. Securities and Exchange Commission (SEC) is investigating how Amazon.com Inc handled employee disclosures on the use of third-party sellers' data purportedly to boost its own private-label business, the Wall Street Journal reported on Wednesday. | | | | | | A surge in hedging to protect against aggressive Federal Reserve tightening has caused liquidity problems in the interest rate options sector, reflecting a trend that has been going on in some parts of the bond market. | | | | | | U.S. workers and labor groups filed 57% more petitions to be represented by unions in the last six months as high-profile organizing campaigns at Starbucks Corp, Amazon.com Inc and other companies have taken off. | | | | | | A Virginia state court has ordered the disbarment of a lawyer for multiple defendants in cases stemming from the Jan. 6 riots at the U.S. Capitol, raising questions over the attorney's future involvement in those cases. | | | | | | The Federal Reserve might have raised interest rates by half a percentage point last month to deal a more decisive blow to soaring inflation, but Russia's invasion of Ukraine gave policymakers cold feet, minutes of the U.S. central bank's March meeting showed on Wednesday. | | | | | | Stock indexes held losses on Wednesday after the Federal Reserve released minutes from its last meeting, showing details of the central bank's balance sheet runoff, while the U.S dollar index hit its highest since late last May. | | | | | | Nissan Motor Co on Wednesday said it will invest 1.3 billion reais ($276.12 million) in its plant in Resende in the Brazilian state of Rio de Janeiro and in launching new products between this year and 2025. | | | | | |
