(Bloomberg) — Federal Reserve policymakers agreed last month that policy should remain restrictive for some time, while noting that the risks of overtightening now had to be balanced against keeping inflation on a downward path toward 2%.
Smithfield Foods Inc. will close a North Carolina pork plant.
Investor Dan Loeb’s Third Point is seeking to sublease some or all of its Manhattan headquarters space, taking advantage of the demand for offices in newer buildings.
Global creditors are at odds over how to level the playing field among lenders when governments default, jamming up efforts led by the International Monetary Fund to expedite sovereign debt restructurings.
The independent shale drillers that undermined OPEC’s decades-long grip on global oil markets soon will be a thing of the past as international giants swallow them up, according to one of the industry’s founding members.
Wendy’s Co. is trying to shift more of its US lettuce supply to greenhouses amid climate change and bad weather that’s hurt the crop’s quality and availability.
Goldman Sachs Group Inc. agreed to sell its GreenSky unit to a consortium led by Sixth Street Partners.
Nikhil Wadhwani’s decision to buy a ticket for the hotly anticipated India versus Pakistan match at the men’s Cricket World Cup is turning out to be the former derivatives trader’s best bet ever.
Franklin Templeton led a record sale of Colombian local bonds by foreign investors in September, fueling a slump in the notes that has outpaced all other emerging-market sovereign debt declines after Turkey in the past three months.
The US Supreme Court suggested it will reinstate a Republican-drawn congressional map in South Carolina, hearing arguments in a case that could help determine which party controls the House after next year‘s election.
