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Wall St. closes slightly higher after Fed policy decisions |
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NEW YORK (Reuters) - The S&P 500 and the Dow ended slightly higher on Wednesday, adding to their string of closing records, after the Federal Reserve signaled it expects another interest rate hike by year-end and disclosed timing for reducing its balance sheet. |
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Toys 'R' Us CEO sees future with smaller shops |
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NEW YORK (Reuters) - Toys "R" Us Inc will shrink its stores and revamp its bigger outlets through its bankruptcy process, which may end with the company's return to the public markets, Chief Executive David Brandon said on Wednesday. |
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Apple concedes new watch has connectivity glitch |
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(Reuters) - Apple Inc's on Wednesday conceded its latest smartwatch unveiled a week ago has problems with its most important feature: the ability make phone calls and access data without an iPhone nearby. |
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Pfizer files suit against J&J over Remicade contracts |
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(Reuters) - Drugmaker Pfizer Inc on Wednesday filed a lawsuit against Johnson & Johnson , saying its rival's contracts with health insurers for blockbuster rheumatoid arthritis drug, Remicade, were anticompetitive and blocked sales of Pfizer's new biosimilar. |
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