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Fed holds steady course, offers few clues on future

The Federal Reserve on Tuesday provided few clues on the prospects for further monetary easing, offering just a slight upgrade to its economic outlook while restating concerns about the high level of unemployment.

US Asks Saudis To Boost Summer Oil Output

Oil
The U.S. is seeking additional oil output from Saudi Arabia to fill a lack of supply arising from upcoming Iranian sanctions, but likely won't need the boost until July, when the EU plans to embargo Iranian crude oil.
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Megaupload, Megavideo founder Kim Dotcom after being released on bail

Megavideo, Megaupload Founder Kim Dotcom: 'I'm A Fighter' [VIDEO INTERVIEW]

For the first time since his arrest on Jan 20, Megaupload creator Kim Doctom sat down to be interviewed for New Zealand's Channel 3 News. During the 20-minute interview, Dotcom explains how he created the website, why he never broke a single law, and passionately exclaims that he will take on the entertainment industry because he knows he is innocent.
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NYU Law School Buys $3.6M UWS Condo For Faculty Housing [PHOTOS]

New York University School of Law has purchased an Upper West Side condo at 845 West End Avenue for $3.6 million, according to city records filed Thursday. The school will use the apartment for faculty, who will rent the unit, according to Michael Orey, spokesman for NYU Law.
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Data boost lifts Wall Street 1 percent

Banks and technology shares led the S&P 500 and the Nasdaq more than 1 percent higher on Tuesday as U.S. retail sales exceeded expectations last month and concerns eased about the euro zone's crisis.
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Disney elects board over shareholder group objections

Walt Disney Co. shareholders reelected 10 members of the Disney board during the company's annual shareholder meeting despite opposition from shareholder groups who had recommended a vote against four board members.
Oil

US Asks Saudi Arabia To Boost Oil Output For Summer

The United States is pressing Saudi Arabia to boost oil output to fill a likely supply gap arising from sanctions on Iran, Gulf oil officials said, adding that an increase in production is unlikely to be needed before July.
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S&P 500 at 4-year high on economy bets

The S&P 500 and Nasdaq hit multi-year highs on Tuesday as U.S. retail sales rose more than forecast last month and as concerns eased about the euro zone's crisis.
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Chevron eyes 20 pct production growth by 2017

Chevron Corp reiterated plans to grow production by about a fifth by 2017, helped by massive liquefied natural gas projects in Australia that are set to start up beginning in 2014.
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Okada video rebuts casino mogul Wynn in legal fight

Japanese billionaire Kazuo Okada, embroiled in a legal fight with former partner Steve Wynn, the chairman of casino operator Wynn Resorts, used a video on Tuesday to deny claims by the Las Vegas mogul that he was unsuitable to be a company director.
Tensions between European governments and large drug companies like Pfizer have been rising for several years as administrations across the region face the challenge of curbing the rising costs of healthcare in tough economic times. Governments are by far

Pfizer's Ian Read: Europe Is Undermining Drug Innovation

Europe is undermining drug innovation by cutting prices, raising barriers to new medicines and freeloading off others in Asia and the United States who are more willing to pay, the boss of Pfizer, the world's largest drugmaker, said.

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