NEW YORK (Reuters) - The Dow and S&P 500 ticked lower on Wednesday to break a five-day streak of record closing highs as energy and utility shares lost ground, but the Nasdaq climbed as Apple finished at a record.
LONDON/ZURICH/NEW YORK (Reuters) - Regulators fined six major banks a total of $4.3 billion for failing to stop traders from trying to manipulate the foreign exchange market, following a yearlong global investigation.
NEW YORK (Reuters) - Goldman Sachs Group Inc elevated 78 employees on Wednesday by making them partners, according to an internal memo viewed by Reuters, capping an anxious few weeks for employees hoping to enter the elite group of Wall Street bankers.
TOKYO/DETROIT (Reuters) - Takata Corp has modified the composition of an air bag propellant that contains a volatile chemical at the center of a recall of millions of cars worldwide, the company told Reuters.
NEW YORK (Reuters) - A car-safety advocate on Wednesday urged the lawyer overseeing General Motors Co's program to compensate victims of accidents linked to a faulty ignition switch in its vehicles to take a more active approach to finding cases of injury or death.
(Reuters) - Dow Chemical Co raised its asset sale target by as much as 42 percent to $8.5 billion and increased its share buyback plan by $5 billion, as it looks to thwart hedge fund manager Daniel Loeb's push to split the company.
NEW YORK (Reuters) - Sears Holding Corp made a huge splash last week when it said it might spin off hundreds of its stores as a real estate investment trust. But the struggling retailer's move to tap into a surging commercial property market comes as the sector looks increasingly rich.