As Fed meets to set policy, major shifts unlikely
The U.S. Federal Reserve began a two-day meeting on Tuesday that was expected to show central bank officials are becoming more upbeat about the economy, but not enough to tighten monetary policy. Read Full Article here.
GE sees flat 2010 revenue, profit
General Electric Co expects profit to be flat at its big industrial units next year as the world economy begins to recover from a brutal economic downturn. Read Full Article here.
Boeing Dreamliner touches down after first flight
Boeing Co completed the first test flight of its new lightweight carbon and titanium Dreamliner, but the flight was cut short because of bad weather. Read Full Article here.
Wamu asks to probe Fed over collapse
Bankrupt holding company Washington Mutual Inc asked a federal court to compel the U.S. Federal Reserve, U.S. Treasury and more than a dozen others to turn over documents relating to its collapse in 2008. Read Full Article here.
SEC mulls surprise audits for investment advisers
U.S. securities regulators may reduce the number of investment advisers who would have to undergo an annual surprise audit under a proposal to ensure that their clients' assets are safe, two sources familiar with the plan said on Tuesday. Read Full Article here.
Google investing for growth in display ads
Google Inc executives said the company experienced very strong growth in its display advertising business in the first three quarters of the year and it will continue to invest heavily in advertising initiatives involving online video and mobile Web devices. Read Full Article here.
Gulf rulers back monetary union plan
Gulf Arab countries endorsed a monetary union agreement on Tuesday despite the absence of major player the United Arab Emirates and fellow oil producer Oman and left options open for pegging their future single currency. Read Full Article here.