NEW YORK (Reuters) - The S&P 500 and the Dow industrials closed at record highs on Wednesday, led by energy and utility stocks, after Republicans took control of the Senate, raising investor hopes for more business- and energy-friendly policies.
DETROIT (Reuters) - U.S. safety regulators ordered Japanese automaker Honda Motor Co Ltd on Wednesday to provide documents and answer questions under oath about potentially defective air bags installed in millions of recalled U.S. vehicles.
WASHINGTON (Reuters) - The U.S. Federal Reserve unveiled a final rule on Wednesday designed to prevent large financial firms from becoming so big that their failure could shake the core of the U.S. financial market.
BERLIN (Reuters) - The world's biggest companies disclose little or no financial details about their operations abroad, according to a report by Transparency International, which singled out Chinese companies but pointed to U.S. tech giants like Amazon and Google as well.
LONDON (Reuters) - Wells Fargo & Co , the world's biggest bank by stock market value, remains on the lookout to buy loan portfolios in Europe but is in no hurry to snap up an ailing bank to speed up its international growth, a senior executive told Reuters.
WASHINGTON (Reuters) - Dallas Federal Reserve president Richard Fisher said on Wednesday he hopes the new Republican-controlled Congress will limit any new laws that might endanger the Fed's independence.
PARIS (Reuters) - PSA Peugeot Citroen will open an engineering center in Morocco with consulting firm Altran in the first major step under new boss Carlos Tavares to increase the French carmaker's footprint in lower-wage countries, sources said.
DETROIT (Reuters) - Chrysler Group LLC, a unit of Fiat Chrysler Automobiles , on Wednesday reported third-quarter net income of $611 million, up 32 percent from a year earlier, and kept its full-year outlook, sending shares up in early trading.