NEW YORK (Reuters) - U.S. stocks fell on Wednesday on continued worries about the global economy, but managed to close well above session lows that briefly pushed the S&P 500 and Nasdaq into negative territory for the year.
LONDON (Reuters) - U.S. pharmaceutical company AbbVie said it was reconsidering its $55 billion takeover of Shire in the wake of U.S. government moves to curb deals designed to cut taxes, wiping as much as $13 billion off the London-listed firm's stock price.
(Reuters) - U.S. airlines are expected to report healthy third-quarter profits as jet fuel costs keep declining, even though their stocks have plunged on concerns that Ebola will discourage travel, analysts said.
WASHINGTON (Reuters) - The U.S. economy expanded at a "modest to moderate" pace across much of the nation in recent weeks, the Federal Reserve said on Wednesday, giving a picture of stable economic growth despite recent signs of weakness.
(Reuters) - Bank of America Corp said on Wednesday that it has moved past the worst of its legal settlements linked to the financial crisis, after its latest big legal charge brought the bank's common shareholders a net loss for the third quarter.
NEW YORK (Reuters) - Time Warner Inc's HBO will launch a standalone online streaming service next year to make hit shows such as "Game of Thrones" available to people who do not subscribe to cable television.