  | | | Wall Street ends lower after Fed minutes | | NEW YORK (Reuters) - The S&P 500 ended its worst day in a week on Tuesday, retreating from four-year highs after the U.S. Federal Reserve said it was less inclined to provide more economic stimulus. | | |  | | | Car sales surge as recovery gains steam | | (Reuters) - Auto sales rose more than 15 percent in March, preliminary data showed, as rising consumer confidence and cheap financing quickened the pace of a sluggish recovery more than two years in the making. | | | |  | | | Apple-mania spreads, Piper Jaffray sees $1,000 stock | | SAN FRANCISCO/NEW YORK (Reuters) - Apple Inc shares set a record high on Tuesday after Piper Jaffray supported Topeka Capital Market's assertion that the stock should breach $1,000 in a year or two, propelled by emerging markets growth and new products that could include a revolutionary TV set. | | | |  | | | Top JPMorgan banker quits after market abuse fine | | LONDON (Reuters) - One of London's most prominent bankers was fined 450,000 pounds ($720,000) for passing on inside information in a case that will embarrass his employer J.P. Morgan Cazenove and which marks a push by British regulators to target high-profile figures. | | | |  | | | BlackBerry maker RIM sued by NXP over patents | | (Reuters) - A Dutch semiconductor company said on Tuesday it had filed a patent infringement suit against Research In Motion Ltd, adding to the BlackBerry maker's troubles and sending its shares tumbling. | | | |  | | | Morgan Stanley investors await brokerage bounce | | NEW YORK (Reuters) - As Morgan Stanley finishes integrating its brokerage joint venture with Citigroup Inc and considers spending $10 billion to buy the whole business years ahead of plan, investors are anxiously awaiting signs that the long-promised profit machine will finally start to purr. Since agreeing to buy Citi's Smith Barney in 2009, Morgan Stanley executives have told shareholders that returns from the retail brokerage, the world's largest, will soar and create | | | |  | | | James Murdoch quits as BSkyB chairman | | LONDON (Reuters) - James Murdoch resigned as chairman of BSkyB on Tuesday to prevent his links to a tabloid phone-hacking scandal from undermining the pay TV group, which has so far escaped the worst of the damage convulsing its controlling shareholder News Corp. | | | |  | | | Molson Coors to buy StarBev for $3.5 billion | | (Reuters) - Molson Coors Brewing Co's plan to buy East European brewer StarBev for 2.65 billion euros ($3.5 billion) will give it more exposure in developing markets, but the brewer may have been better off trying to improve its business in developed markets, analysts said. | | | |  |  | | | 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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