  | | | Yellen says Fed has 'more work to do' | | WASHINGTON (Reuters) - Janet Yellen, President Barack Obama's nominee to chair the Federal Reserve, said the U.S. central bank has "more work to do" to help an economy and labor market that are still underperforming. | | |  | | | $100 billion Boeing order bonanza to dominate Dubai show | | DUBAI/PARIS (Reuters) - Boeing looks set to dominate next week's Dubai Airshow with more than $100 billion of deals as it aims to launch its latest long-haul jet with up to 250 potential orders from as many as five airlines, industry sources said. | | | |  | | | Apple, Samsung retrial kicks off over patent damages | | SAN JOSE, California (Reuters) - Apple squared off against Samsung Electronics at a damages retrial on Wednesday, as the iPhone maker once again tries to secure a legal victory against its biggest mobile rival. | | | |  | | | Ecuador high court upholds Chevron verdict, halves fine | | QUITO (Reuters) - Ecuador's highest court upheld a verdict that U.S. oil company Chevron Corp is responsible for pollution in an Amazon rainforest, but halved the fine imposed in a previous trial to $9.5 billion, a decision the company dismissed as illegitimate. | | | |  | | | Dow, S&P end at record highs as Macy's lifts Wall Street | | NEW YORK (Reuters) - The Dow and the S&P 500 closed at record highs on Wednesday after Macy's strong results relieved anxiety about how retailers will fare during the holiday season and spurred a rally in consumer discretionary shares. | | | |  | | | Starbucks says $2.76 billion Kraft split was necessary | | (Reuters) - Starbucks Corp on Wednesday said breaking up with Kraft was hard to do, but worth the high price, a day after an arbitrator ruled it must pay a whopping $2.76 billion for ending the companies' grocery coffee partnership early. | | | |  | | | Abenomics at one year: growth to slow as challenges mount | | TOKYO (Reuters) - A year after Prime Minister Shinzo Abe took financial markets by storm with promises to end two decades of deflation and tepid growth, the economy is expected to slow sharply, highlighting the challenges facing "Abenomics" in ensuring a durable recovery. | | | |  | | | Chinese state media kick into high gear to ease GMO food fears | | BEIJING (Reuters) - China's state media are working overtime to persuade the public that genetically modified food is safe, apparently softening up the population for a policy switch to allow the sale of such food to ensure its 1.35 billion people have enough to eat. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
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