Fed weighs how and when to signal higher rates
WASHINGTON (AP) -- Debate is heating up within the Federal Reserve over how and when to signal that the days of record-low interest rates are numbered....
Asia stocks mixed before Fed statement; Europe up
HONG KONG (AP) -- Asian stock markets were mixed Tuesday as investors held back ahead of the U.S. Federal Reserve's latest assessment of the world's largest economy. European stocks gained in early trade....
Oil below $80 ahead of Fed, OPEC meetings
SINGAPORE (AP) -- Oil prices extended losses below $80 a barrel Tuesday in Asia as investors eyed meetings of the U.S. central bank and OPEC for trading catalysts....
UK clashes with France on hedge fund rules
BRUSSELS (AP) -- Britain, Europe's center for investment funds, is set to lose a clash with France on new, tougher EU rules for the hedge fund industry that finance ministers will haggle over on Tuesday....
Toyota dismisses Calif. man's runaway Prius report
SAN DIEGO (AP) -- Toyota Motor Corp. was quiet last week when James Sikes told reporters how the gas pedal got stuck on his 2008 Prius, leading him on a wild ride on a Southern California freeway....
China TechFaith posts jump in 4Q profit
NEW YORK (AP) -- Chinese cell phone designer China TechFaith Wireless Communication Technology Ltd. said Monday it tripled its fourth-quarter profit, helped by a jump in revenue and a rise in value of derivative securities on its books....
Movado to post 4Q loss, industry woes continue
PARAMUS, N.J. (AP) -- Luxury watch maker Movado Group Inc. on Monday said it expects to report a fourth-quarter loss, hurt by several charges in the quarter related to the downturn in the jewelry industry....
ParkerVision 4Q loss narrows on revenue
JACKSONVILLE, Fla. (AP) -- ParkerVision Inc. said Monday that its fourth-quarter loss narrowed as the developer of radio frequency technology reported more than $60 million in service revenue and a drop in operating expenses....
Toreador 4Q loss narrows as oil prices rebound
PARIS (AP) -- French energy company Toreador Resources Corp. said Monday that its fourth-quarter loss narrowed to $5 million as rising oil prices partially offset falling production....
American Oriental Bioengineering 4Q profit jumps
NEW YORK (AP) -- Drug and nutritional product company American Oriental Bioengineering Inc. said Monday its profit climbed 49 percent in the fourth quarter due to reduced acquisition costs....
Market News
How the major stock indexes fared on Monday
Investors turned cautious Monday ahead of the Federal Reserve's meeting on interest rates. Major stock indexes closed narrowly mixed after trading lower for most of the day. An analyst upgrade of Wal-Mart Stores Inc. helped lift the Dow Jones industrial average to its fifth straight gain. Investors will be looking to the Fed's statement that follows its meeting Tuesday for clues about the economic recovery and the central bank's plans for interest rates. Policymakers are almost certain to k...
Summary Box: Stocks end mixed ahead of Fed meeting
THE WAITING GAME: Stocks moved only modestly and ended mixed ahead of the Federal Reserve's interest rate meeting Tuesday. Investors didn't want to make big moves before they got the latest snapshot of the economy from policymakers....
