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Stock indexes close higher on hopes for Fed
NEW YORK (AP) -- Stocks are closing higher on Wall Street as investors bank on continued support from the Federal Reserve....

Oil slips as traders wait for Fed, supply data
NEW YORK (AP) -- The price of oil fell Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy....

Corn falls after farmers catch up on planting
Corn is falling after U.S. farmers planted record amounts of corn last week, easing concern that earlier delays to planting would harm this year's crop....

Does France have right plan to revive its economy?
PARIS (AP) -- The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite....

United Tech CEO sees stronger economy, airlines
HARTFORD, Conn. (AP) -- The chief executive of aerospace giant United Technologies Corp. is optimistic about an improving economy and airline industry....

Stock indexes head higher in afternoon trading
NEW YORK (AP) -- The stock market turned higher Tuesday as investors banked on continued policy support from the Federal Reserve. Two big retailers also topped Wall Street expectations for the most recent quarter....

Best Buy reports 1Q loss on restructuring costs
MINNEAPOLIS (AP) -- Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores....

Burberry's profit hit by perfume deal's demise
LONDON (AP) -- British luxury brand Burberry said Tuesday that rapidly improving business in developing markets was offset by the end of a perfume licensing deal, dragging net profit down 3 percent for the year....

New Egypt tax law: cuts for poor, business hikes
CAIRO (AP) -- Egypt's president has signed a new tax law that cuts the amount paid by poorer Egyptians while increasing taxes on small and medium-sized businesses....

Indexes edge higher on Wall Street in midday trade
NEW YORK (AP) -- Stock indexes are edging higher in midday trading on Wall Street as investors look ahead to the Federal Reserve's next moves....

AP Photo
AP Photo/J. Scott Applewhite
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