| | Fed cuts bond buying but stresses easy policy | WASHINGTON (Reuters) - The U.S. Federal Reserve trimmed its aggressive bond-buying program on Wednesday but sought to temper the long-awaited move by suggesting its key interest rate would stay at rock bottom even longer than previously promised. | | | | | SAC's Steinberg found guilty of insider trading | NEW YORK (Reuters) - Michael Steinberg, a top portfolio manager at Steven A. Cohen's SAC Capital Advisors hedge fund, was found guilty on Wednesday of charges that he traded on insider information. | | | | | | Dow, S&P end at record highs after Fed's stimulus cut | NEW YORK (Reuters) - The Dow and the S&P 500 closed at all-time highs on Wednesday after the Federal Reserve announced a small reduction in its stimulus program, confirming that the U.S. economy was on firm footing. | | | | | | Robust U.S. housing data point to strengthening economy | WASHINGTON (Reuters) - U.S. housing starts surged to their highest in nearly six years in November, a sign of strength in the economy that underscores the Federal Reserve's decision to start cutting back its monthly bond purchases. | | | | | | Exclusive: Dish eyes 2014 bid for T-Mobile - sources | (Reuters) - Dish is considering making a bid for T-Mobile next year, according to people close to the matter, in what would be the satellite TV provider's second attempt in as many years at acquiring a major wireless operator and potentially setting the stage for a new bidding war with Softbank . | | | | | | Facebook, Zuckerberg, banks must face IPO lawsuit: judge | NEW YORK (Reuters) - Facebook Inc, Chief Executive Mark Zuckerberg and dozens of banks must face a lawsuit accusing the social media company of misleading investors about its health before its $16 billion initial public offering, a federal judge said. | | | | | | Chevrolet marketing boss Chris Perry resigns | (Reuters) - The ongoing upheaval in General Motors Co's executive ranks continued on Wednesday with the sudden resignation of Chris Perry as vice president of Chevrolet marketing. | | | | | | | 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 | |