Instant View: Fed raises U.S. rates, signals tightening cycle nearing end

The U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year and signaled its tightening cycle is nearing an end in the face of financial market volatility and slowing global growth.

Fed lifts rates, now sees 'some further' hikes ahead

The U.S. Federal Reserve raised interest rates on Wednesday, as expected, but forecast fewer rate hikes next year and signaled its tightening cycle is nearing an end in the face of financial market volatility and slowing global growth.

J&J loses bid to have $4.7 billion talc verdict set aside, vows to appeal

Johnson & Johnson failed to persuade a Missouri trial judge to set aside a July verdict awarding a record $4.69 billion to 22 women who blamed their ovarian cancer on asbestos in the company's Baby Powder and other talc products.

Wall St. turns negative after Fed press conference

U.S. stocks fell on Wednesday after the Federal Reserve's forecast of fewer interest-rate increases in 2019 fell short of investors' hopes of a more dovish monetary policy.

El Sharara oilfield to reopen, Libyan government says

Libya's biggest oilfield, El Sharara, will reopen, the country's internationally recognized government said on Wednesday after Prime Minister Fayez al-Sarraj flew there to persuade protesters to end a blockage.

Exclusive: Exxon Mobil secured U.S. hardship waiver from biofuels laws - sources

The U.S. Environmental Protection Agency granted oil major Exxon Mobil Corp a financial hardship waiver this year temporarily freeing its Montana refinery from U.S. biofuel laws, three sources familiar with the matter told Reuters.

Payments company Square to re-apply for a bank license

Square Inc , the payments company led by Twitter Inc chief executive Jack Dorsey, is refiling its application with U.S. state and federal regulators for a bank license, the company said on Wednesday.

Elon Musk unveils his first Los Angeles-area tunnel

Billionaire entrepreneur Elon Musk made a brief public appearance late on Tuesday to unveil the first tunnel completed by the underground transit venture he launched two years ago as an ambitious remedy to Los Angeles' infamously heavy traffic.

Exclusive: Russia's Deripaska prepares to cede control of Rusal, En+ - sources

Russian tycoon Oleg Deripaska is preparing to cede control of Rusal and its parent En+ , moving part of his En+ stake to a blind trust, as talks with the United States on lifting sanctions advance, three sources familiar with the talks said.

U.S. to lift sanctions on Oleg Deripaska's Rusal and En+ in 30 days

The U.S. Treasury will lift sanctions on aluminum giant Rusal , its parent company En+ , and another firm tied to Russian businessman Oleg Deripaska, it said in a statement on Wednesday.

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