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Fed studies banking measures

Yellen says current capital policies don’t address all threats

Subscriber onlyFederal Reserve Chairman Janet Yellen suggested Tuesday that current regulatory rules will not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system. Continue reading...

Coke’s sales up despite soda drop

Carbonated-drink purchases fall for first time since ’99

Subscriber onlyCoca-Cola, the world’s biggest beverage maker, said Tuesday that the amount of soda it sold globally fell for first time in 15 years. Continue reading...

Court upholds EPA rules for air-polluting emissions

Subscriber onlyA federal appeals court on Tuesday upheld the Environmental Protection Agency’s emission standards for mercury and other hazardous air pollutants from coal- and oil-fired power plants. Continue reading...

Johnson & Johnson says profits up 8%

Subscriber onlyA turnaround in Johnson & Johnson’s prescription medicine business fueled by new drugs, combined with reduced production and administration expenses, lifted first-quarter profit by 8 percent. Continue reading...

In seesaw trading, stocks end up

Subscriber onlyStocks managed a late-afternoon rebound for the second time in two days as investors seemed to brush off a report of lower confidence among home builders and simmering tensions in the Ukraine. Continue reading...

Business news in brief

Subscriber onlyQUOTE OF THE DAY “The more requirements you put on the highly regulated banks, the greater is the incentive to find ways around the tougher rules.” Bert Ely, independent banking consultant Continue reading...

Despite snags, Citigroup profit up

Subscriber onlyDogged by its failure to pass the Federal Reserve’s latest stress test and investigations of fraud at its Mexican unit, Citigroup reported some good news Monday: first-quarter profit that beat analysts’ expectations. Continue reading...

Price tag for meat expected to grow

Virus in 28 states culling pig herds

Subscriber onlyConsumers can expect to pay more for meat at the grocery store as low supplies drive up prices. Continue reading...

SpaceX challenges alliance’s monopoly on satellite launches

Subscriber onlyLOS ANGELES — A highstakes battle is underway in Washington to launch the U.S. government’s most sophisticated national security satellites. Continue reading...

U.S. retail sales climb 1.1 percent

March gain largest in 18 months on strength of auto buys

Subscriber onlyWASHINGTON — U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products. Continue reading...

Business news in brief

Subscriber onlyQUOTE OF THE DAY “Despite a quarter that was difficult for our company, we delivered strong results.” Michael L. Corbat, Citigroup’s chief executive officer Continue reading...

Stocks recover on retail gains

Subscriber onlyNEW YORK — U.S. stocks mounted a modest rally Monday, helping investors recover some of the ground lost after a rough finish last week. Continue reading...

TIAA-CREF to buy Nuveen in deal worth $6.25 billion

Subscriber onlyTIAA-CREF has agreed to buy Nuveen Investments from Madison Dearborn Partners LLC for $6.25 billion, propelling the manager of teachers’ retirement savings into the top 20 of U.S. mutualfund firms. Continue reading...

Heartbleed found in Cisco, Juniper products

Subscriber onlySAN FRANCISCO — The Heartbleed Web-security flaw has been found in the hardware connecting homes and businesses to the Internet, underscoring the amount of time and effort that will be needed to defuse the threat. Continue reading...

Out in Garage, Microsofters let ideas off leash

More innovation supported as company’s culture shifts

Subscriber onlyBen Gilbert is an enthusiastic person, passionate about being an Eagle Scout and the theater, and his hiphop dance skills that come in handy at weddings. Continue reading...