| | Wall Street ends lower after Fed minutes | NEW YORK (Reuters) - U.S. stocks fell on Wednesday after minutes from the last Federal Reserve meeting said the central bank could begin to scale back its stimulus program at one of its next few meetings. | | | | | | Tribune to cut 700 jobs at its newspaper division | (Reuters) - Tribune Co plans to cut 700 jobs, or about 6 percent of its workforce, mainly at its newspaper division, as the company readies to split apart its publishing assets from its broadcast TV stations. | | | | | | On China's roads, where luxury risks becoming ordinary | GUANGZHOU, China (Reuters) - Luxury car dealers are resorting to offering customers massages, mini-golf and other gimmicks, hoping this will give them an edge in a ferociously competitive Chinese market where brand loyalty is less common than in the West. | | | | | | Lockheed sees more clarity on Saudi naval buy in next months | DUBAI (Reuters) - Lockheed Martin Corp expects news about a multibillion dollar program to modernize the Saudi Arabian Navy in the next several months, senior company executives told Reuters at the Dubai Airshow on Wednesday after meetings with Saudi officials. | | | | | | | | 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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