| | Wall Street ends higher as gold rebounds, earnings help | NEW YORK (Reuters) - Stocks jumped more than 1 percent on Tuesday, a day after their worst decline since November, as gold prices rebounded and earnings from Coca-Cola and Johnson & Johnson improved the outlook for first-quarter results. | | | | | FAA chief gives no date to approve Boeing 787 battery | WASHINGTON (Reuters) - Boeing Co has finished testing its redesigned 787 Dreamliner battery system, the Federal Aviation Administration said Tuesday, but the agency gave no timetable for when it would lift a ban on flights by the new jet. | | | | | | Macy's seeks to block Penney from selling certain Martha Stewart goods | NEW YORK (Reuters) - Macy's Inc has asked a New York court for a temporary restraining order to block rival J.C. Penney Co Inc from selling unbranded Martha Stewart goods in its stores, the latest twist in a legal battle between the two department store chains over rights to the domestic doyenne's products. | | | | | | Inflation, factory data favor continued Fed easing | WASHINGTON (Reuters) - Consumer prices fell in March for the first time in four months and factory output slipped, strengthening the argument for the Federal Reserve to maintain its monetary stimulus to speed up economic growth. | | | | | | Toronto investment banker settles U.S. insider-trading case | NEW YORK (Reuters) - A former Canadian Imperial Bank of Commerce investment banker on Tuesday agreed to pay $340,000 to settle charges brought by U.S. regulators that he illegally traded ahead of a buyout offer for Tomkins Plc based on information he gleaned from his job. | | | | | | | 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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