  | | | Wall Street ends sharply lower as Apple slides | | NEW YORK (Reuters) - Stocks fell in a broad market selloff Wednesday, led by a sharp fall in Apple on worries about slowing demand while weaker-than-expected results from Bank of America pressured the financial sector. | | |  | | | EBay quarterly revenue climbs 14 percent | | SAN FRANCISCO (Reuters) - EBay Inc said on Wednesday that first-quarter revenue rose 14 percent as more consumers shopped on the company's online marketplace and used PayPal to pay for their purchases. | | | |  | | | Global business group prods WTO to reach customs deal this year | | WASHINGTON (Reuters) - An international business group is urging World Trade Organization members to strike a deal to simplify global customs procedures at a trade ministers meeting in Bali in December to prove the WTO is still a force for trade liberalization. | | | |  | | | Bank of America revenue drops, legal settlement stings | | (Reuters) - Bank of America Corp revenue fell across almost all its businesses in the first quarter, and the bank was further hit by a legal settlement for mortgages, highlighting the difficulties Chief Executive Brian Moynihan faces in moving past the housing crisis. | | | |  | | | Switzerland, U.S. consider solution to tax dispute | | ZURICH (Reuters) - The Swiss and U.S. governments are considering a possible solution to a long-running dispute over Swiss banks accused of helping wealthy Americans evade billions of dollars of tax. | | | |  | | | Exxon has no estimate for restart of Pegasus oil pipeline | | WASHINGTON (Reuters) - Exxon Mobil Corp said on Wednesday it had no estimate for the restart of a pipeline that spilled 5,000 barrels of oil in a small Arkansas town last month and sparked debate about the safety of carrying heavy crude from Canada across the United States. | | | |  | | | Italy prosecutors pursue Nomura assets in Europe | | SIENA/MILAN (Reuters) - Italian prosecutors took steps in Germany and Britain on Wednesday to carry out the seizure of up to 1.95 billion euros ($2.6 billion) of assets from Japan's Nomura , which they say is needed to halt further losses from Italy's Monte dei Paschi bank. | | | |  |  | | | 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 | |
