JACKSON HOLE Wyo. (Reuters) - Federal Reserve Chair Janet Yellen called for a "pragmatic" approach to U.S. monetary policy on Friday, amid calls by hawkish members of the central bank's policy committee for a quick rise in interest rates due to tightening labor markets and inflationary risks.
(Reuters) - Goldman Sachs Group Inc could pay about $1.1 billion to settle claims from the U.S. housing finance regulator that it sold bad mortgage-backed securities (MBS), the Financial Times reported.
NEW YORK (Reuters) - Stocks ended mostly lower on Friday as Ukraine-Russia tensions reignited and remarks from Federal Reserve Chair Janet Yellen failed to give investors any clues on interest rate hikes.
(Reuters) - Power company Dynegy Inc said on Friday that it would buy coal and gas power plants for $6.25 billion to increase its presence in two less regulated eastern U.S. markets, sending its shares up as much as 22.5 percent.
(Reuters) - McDonald's Corp is replacing its U.S. president for the second time in two years, a move that suggests increased pressure on Chief Executive Don Thompson to improve sales in the fast food chain's home market.
SEATTLE (Reuters) - The FAA has certified Boeing Co's 787-9 Dreamliner for use with General Electric Co engines, clearing the way for first deliveries of the new aircraft with the U.S.-made engines expected later this month.
NEW YORK (Reuters) - A lawyer for Texas tycoon Sam Wyly and the estate of his late brother Charles told a federal judge on Friday that a U.S. securities regulator's demand for more than $729 million in damages would "bankrupt" the one-time billionaire.
TOKYO (Reuters) - Suppliers to Apple Inc are scrambling to get enough screens ready for the new iPhone 6 smartphone as the need to redesign a key component disrupted panel production ahead of next month's expected launch, supply chain sources said.