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WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year. Full Story
Top Headlines
Icahn reiterates commitment for Dell buy
Wall St. drops after Bernanke hints at slowing stimulus
News Corp spinoffs start preliminary trading
Britain to start sale of Lloyds soon, review RBS split
LONDON (Reuters) - Britain is ready to start selling its shares in Lloyds Banking Group <LLOY.L> and will examine whether to break up Royal Bank of Scotland <RBS.L>, Finance Minister George Osborne said, admitting the re-privatization of RBS remains a long way off. Full Story
LONDON (Reuters) - Britain is ready to start selling its shares in Lloyds Banking Group <LLOY.L> and will examine whether to break up Royal Bank of Scotland <RBS.L>, Finance Minister George Osborne said, admitting the re-privatization of RBS remains a long way off. Full Story
US Airways chief warns lawmakers of potential service cuts
WASHINGTON (Reuters) - Forcing a combined American Airlines <AAMRQ.PK> and US Airways Group <LCC.N> to surrender slots at Reagan National Airport would risk fewer flights to small and medium-sized cities, US Airways CEO Doug Parker told lawmakers on Wednesday. Full Story
WASHINGTON (Reuters) - Forcing a combined American Airlines <AAMRQ.PK> and US Airways Group <LCC.N> to surrender slots at Reagan National Airport would risk fewer flights to small and medium-sized cities, US Airways CEO Doug Parker told lawmakers on Wednesday. Full Story
Italian designers Dolce and Gabbana convicted of tax evasion
MILAN (Reuters) - Fashion designers Domenico Dolce and Stefano Gabbana were handed a 20-month suspended prison sentence and a heavy fine on Wednesday for hiding hundreds of millions of euros from the Italian tax authorities. Full Story
MILAN (Reuters) - Fashion designers Domenico Dolce and Stefano Gabbana were handed a 20-month suspended prison sentence and a heavy fine on Wednesday for hiding hundreds of millions of euros from the Italian tax authorities. Full Story
Microsoft talked with Nokia about buying devices unit: report
SEATTLE (Reuters) - Microsoft Corp recently talked with Nokia about buying the Finnish phone maker's devices unit, but the discussions faltered and are not likely to be revived, the Wall Street Journal reported Wednesday in its online edition. Full Story
SEATTLE (Reuters) - Microsoft Corp recently talked with Nokia about buying the Finnish phone maker's devices unit, but the discussions faltered and are not likely to be revived, the Wall Street Journal reported Wednesday in its online edition. Full Story
