| | Dow closes at another record high | NEW YORK (Reuters) - The Dow closed modestly higher at another record on Wednesday as investors bet that favorable market conditions would continue, though the gains were slight on concerns the rally may run out of steam in the short term. | | | | | Exclusive: Johnson Controls might sell auto interiors unit - sources | NEW YORK/DETROIT (Reuters) - Johnson Controls Inc is exploring a potential sale of its automotive interiors unit, a move that would allow the diversified manufacturer to focus on higher-margin building controls and next-generation car batteries, three people familiar with the matter said on Wednesday. | | | | | | Jobs, factory data offer hope for economy | WASHINGTON (Reuters) - Private employers hired more workers than expected in February and demand for a range of factory goods was solid in January, hopeful signs for the economy as it deals with higher taxes and deep government budget cuts. | | | | | | S&P seeks to move 16 ratings lawsuits to federal court | (Reuters) - Standard & Poor's on Wednesday began trying to move lawsuits by 15 states and Washington, D.C., over its credit ratings to federal court from state court, hoping to limit its liability in one of the biggest fraud cases tied to the financial crisis. | | | | Starboard Value urges Tessera to sack CEO, overhaul board | (Reuters) - Starboard Value, an activist hedge fund, called for the sacking of the CEO and an overhaul of the board of Tessera Technologies Inc , stepping up a long running battle with the technology patent firm over its governance. | | | | | | | | 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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