Reuters

By Stephen Culp NEW YORK – The S&P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement …

Moderna Inc said on Wednesday it had started a mid-stage study, testing a booster dose of its COVID-19 vaccine specifically designed to target the Omicron coronavirus variant, a day after …

By David Shepardson WASHINGTON – The head of the Federal Aviation Administration (FAA) is set to testify before a Feb. 3 U.S. House of Representatives hearing on new C-Band 5G …

-Levi Strauss & Co forecast annual sales and profit above analysts’ estimates after topping quarterly results on Wednesday, bolstered by higher prices and strong demand for its jeans and jackets, …

COPENHAGEN -The BA.2 subvariant of the Omicron coronavirus variant, which is dominant in Denmark, appears more contagious than the more common BA.1 sub-lineage, Danish Health Minister Magnus Heunicke said on …

By Svea Herbst-Bayliss BOSTON -Billionaire investor William Ackman has built a new stake in streaming service Netflix Inc worth more than $1 billion since its stock price tumbled starting last …

By Julia Love -A group of Amazon.com workers has met the requirements to hold a union election at a warehouse in Staten Island, New York, a spokesperson for the U.S. …

NEW YORK – New York State attorney general Letitia James on Wednesday urged the dismissal of Donald Trump’s lawsuit seeking to stop her civil probe into him and his family …

(This January 25 story corrects to read “$2.8 billion, 21 times” rather than “$2.7 billion, more than 25 times” in paragraph 3) – Robinhood Markets Inc on Tuesday highlighted steps …

By Jane Lanhee Lee and Chavi Mehta -Chipmaker Intel Corp posted record fourth-quarter revenue, but forecast first-quarter earnings short of Wall Street expectations, as the world’s largest chipmaker faces challenges …

By Luc Cohen NEW YORK – Britain’s Prince Andrew on Wednesday asked for a U.S. jury trial as he again denied Virginia Giuffre’s accusations that he sexually abused her more …

– Bank of America Corp is raising the base salary for senior bankers, according to a person familiar with the matter, its latest attempt to retain top talent in one …

By Jonnelle Marte – The Federal Reserve said on Wednesday it will rely primarily on letting bond holdings run off the balance sheet as they mature as it grapples with …

By Clare Jim and Jason Xue HONG KONG -China Evergrande Group said on Wednesday it aims to have a preliminary restructuring proposal in place within six months as the debt-laden …

By David Shepardson WASHINGTON – A senior U.S. senator on Wednesday called on major automakers and the Transportation Department to take action to address an “alarming” rise in carjackings in …

By Lawrence Hurley WASHINGTON – Ketanji Brown Jackson, a federal judge seen as a potential U.S. Supreme Court nominee for President Joe Biden, could make history as the first Black …

NEW YORK – 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 before …

– Belgian drugmaker Galapagos NV on Wednesday named former Johnson & Johnson senior executive Paul Stoffels as its chief executive officer, effective April 1. Stoffels was the chief scientific officer …

By Jonnelle Marte – The Federal Reserve is beginning to lay out the specifics of how it plans to cull the bond holdings amassed to bolster the U.S. economy during …

By Huw Jones LONDON – Britain’s financial watchdog will publish requirements within a year for boosting ethnic diversity among employees in finance by using targets and not quotas, one of …

– Hawkish comments from Federal Reserve Chair Jerome Powell on Wednesday have led short-term interest rate traders to begin pricing for the possibility that the U.S. central bank could raise …

-Chevron Corp and Marathon Oil Corp on Wednesday became the latest U.S. oil and gas companies to raise quarterly dividends as a rebound in fuel demand drives energy prices higher. …

By Sabrina Valle HOUSTON – Shares of U.S. oil major Chevron Corp on Wednesday touched an all-time high intraday amid a strong stock market rally and ahead of the release …

By Katanga Johnson WASHINGTON -The U.S. Securities and Exchange Commission (SEC) Wednesday proposed new rules to boost hedge fund and private equity fund disclosures as it looks to increase oversight …

By Herbert Lash NEW YORK – The dollar rose to a five-week high on Wednesday after the Federal Reserve said it is likely to raise U.S. interest rates in March …