Stocks barely higher ahead of Fed decision

NEW YORK — Stocks were mixed in morning trading Wednesday as investors awaited the results of the Federal Reserve's first policy meeting under its new chair, Janet Yellen. Technology stocks struggled after Oracle reported earnings and revenue that fell...

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JPMorgan selling physical commodities business

NEW YORK — JPMorgan said on Wednesday that it has made a deal to sell its physical commodities business for $3.5 billion, after new regulations crimped its ability to control power plants, warehouses, and oil refineries. If it's approved by regulators,...

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Markets await Fed decision and Yellen remarks

LONDON — Markets were largely in wait and see mode Wednesday ahead of the latest policy decision from the U.S. Federal Reserve and subsequent remarks from its new chief. In spite of some recent soft economic data in the wake of bad weather across large...

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US files charge against Toyota, $1.2B penalty

WASHINGTON — The government announced a $1.2 billion settlement with Toyota Motor Corp. on Wednesday and filed a criminal charge alleging the company defrauded consumers by issuing misleading statements about safety issues in Toyota and Lexus vehicles....

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Health law concerns for cancer centers

WASHINGTON — Cancer patients relieved that they can get insurance coverage because of the new health care law may be disappointed to learn that some the nation's best cancer hospitals are off-limits. An Associated Press survey found examples coast to...

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List: Access to cancer centers under health law

Some of the nation's top cancer care centers are concerned about access for patients who purchase policies through the new health insurance markets, also called exchanges. The Associated Press asked 23 institutions that are part of the National Comprehensive...

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Rough winter hurts General Mills 3Q sales

MINNEAPOLIS — Rough winter weather took a bite out of General Mills' fiscal third-quarter sales, and the cereal maker's results missed Wall Street expectations. The maker of Cheerios, Yoplait and Betty Crocker products said Wednesday that its fiscal...

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IBM's Watson to help sequence cancer DNA

NEW YORK — IBM and its Watson cloud computing system are partnering with the New York Genome Center to help it sequence DNA for the treatment of brain cancer. New York Genome will use IBM's "Jeopardy!" champion system to sequence the DNA of cancer tumors...

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French court upholds prison for rogue trader

PARIS — France's highest court upheld Wednesday a prison sentence for one-time rogue trader Jerome Kerviel but threw out the 4.9 billion euros ($7 billion) in civil damages he'd been ordered to pay back. Kerviel was convicted in 2010 of carrying out...

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FedEx profit up, but misses expectations

DALLAS — FedEx Corp. says its latest quarterly profit rose 5 percent from a year ago despite storms that raised the company's costs, but the results were below analysts' expectations. The company's ground-shipping segment is doing better, but the express-delivery...

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