Stocks drop as earnings disappoint; Fed upcoming

NEW YORK — Stocks fell Wednesday as investors reacted to disappointing earnings from Yahoo and other companies and awaited news from the Federal Reserve, which wraps up its two-day policy meeting later in the day. Emerging markets were also unsettling...

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Pistorius murder trial to have own TV channel

CAPE TOWN, South Africa — Oscar Pistorius' murder trial will have a dedicated 24-hour television channel in South Africa, the country's top cable provider said Wednesday, promising "round-the-clock" coverage of one of the blockbuster stories of the year....

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World markets slide anew on emerging markets

AMSTERDAM — After a strong Asian session and positive European open, world markets shifted course and fell Wednesday as jitters over the prospects for emerging economies resurfaced. Turkey's central bank hiked its lending rates overnight by more than...

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Bank of England chief wades into Scottish debate

LONDON — The governor of the Bank of England on Wednesday waded into the delicate question of whether Scotland would be able to use the pound should it become independent, saying a successful currency union would require giving up some sovereignty. ...

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House to vote on final farm bill, food stamp cuts

WASHINGTON — The House is rushing to complete work on a nearly $100 billion-a-year farm bill that would make small cuts to food stamps and continue generous subsidies for the nation's farmers. Conservative Republicans in the House helped defeat an earlier...

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Insurer WellPoint's 4Q profit drops 68 percent

INDIANAPOLIS — WellPoint's fourth-quarter earnings tumbled 68 percent, as customers of the nation's second largest health insurer raced to use their coverage last fall before it lapsed due to the health care overhaul. The Indianapolis company said Wednesday...

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US stocks slide as emerging market worries return

NEW YORK — Stocks are lower in early trading as weak earnings from several U.S. companies dented investors' confidence. Worries about emerging markets were also coming back after relief faded over an effort by Turkey to shore up its struggling currency....

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EU seeks to make mega-banks less risky

BRUSSELS — The European Union's executive arm presented a long-awaited financial market reform Wednesday to defuse risk-taking by the largest banks and protect taxpayers from the potential costs of rescuing them. The proposal — which echoes the United...

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Waltham data security co. raises $16.5 million

CloudLock, a Waltham-based cloud data security company, has raised $16.5 Million in venture financing, the company said today. "The cloud transformation has only just begun. We have big plans to execute from here that will see investments in building...

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Fiat Chrysler Automobiles to be company's new name

DETROIT — Chrysler and Fiat will be known as Fiat Chrysler Automobiles NV as they move forward together as a single company. Fiat's board of directors agreed on the new name Wednesday, with headquarters for tax purposes in the United Kingdom. But the...

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