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Waiting for word from Bernanke, stocks move higher
It's all about the Fed. Still. U.S. stocks moved higher Tuesday, helped by news of a pickup in home building and low inflation. But the Federal Reserve loomed large, with investors trying to guess what the central bank will say Wednesday about how long it plans to keep stimulus programs ...
US safety agency investigating Suzuki small SUVs
U.S. safety regulators said Tuesday that they are investigating problems with air-bag sensors in the seats of some small Suzuki SUVs. The probe covers 205,000 vehicles including Grand Vitaras from the 2006 through 2011 model years and SX4s from 2007 through 2011. The National Highway Traffic Safety Administration said on ...
G-8 seeks unity on Syrian peace talks, tax evasion
President Barack Obama, Russian President Vladimir Putin and other G-8 leaders attempted to speak with one voice Tuesday on seeking a negotiated Syrian peace settlement — yet couldn't publicly agree on whether this means President Bashar Assad must go. Their declaration at the end of the two-day Group of Eight ...
MGM, AEG to develop 20K seat Las Vegas Strip arena
Years of talk about building an arena capable of hosting professional sports and big-name concerts yielded an announcement Tuesday that casino giant MGM Resorts International and entertainment company AEG will build a privately financed 20,000-seat indoor venue on the Las Vegas Strip. Construction on the $350 million arena should start ...
Stocks move higher as traders wait on the Fed
The stock market is closing higher as investors anticipate that the Federal Reserve will keep programs to support the U.S. economy in place. The Dow Jones industrial average rose 138 points, or 0.9 percent, to 15,318 Tuesday. The Standard & Poor's 500 rose 12 points, or 0.8 percent, to 1,651. ...
Stuntwoman sues News Corp. over alleged phone hack
A woman who worked as a stunt double for Angelina Jolie sued Rupert Murdoch's News Corp. in Los Angeles on Tuesday, claiming she's a victim of a phone hacking scheme to obtain information about the actress. Eunice Huthart, of Liverpool, England, is the first person to sue the media company ...
Greece's public TV still off despite court ruling
State TV channels in Greece remained off-air Tuesday as the political storm over the future of public broadcaster ERT raged on, despite a court ruling that the prime minister's decision to pull the plug was wrong. The threat of a snap general election was averted late Monday after a meeting ...
Boeing, Airbus Battle for Sales Supremacy
The Paris Air Show is a platform for the race for sales between Boeing and its European rival Airbus, which is hoping that the event sparks interest in its A350, its long-haul wide-body rival to the 787. (June 18)
Sprint sues to stop Dish Clearwire buyout
Sprint is suing to stop Dish Network's buyout of wireless data network operator Clearwire. The nation's third-largest cellphone carrier said the proposed deal violates the rights of Sprint and other Clearwire shareholders. Dish has offered to pay $4.40 per share for Clearwire, which has recommended that its shareholders approve the ...
Missouri moves to lift ban on foreign farm owners
Weeks before a Chinese conglomerate agreed to buy Smithfield Foods Inc. in the largest such takeover of a U.S. business, Missouri lawmakers quietly approved legislation removing a ban on foreign ownership of agricultural land. The northern Missouri legislator whose amendments to a pair of larger bills helped push the plan ...
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