Business News

• Wall St. lower as technology stocks drag September 25, 2017
  (Reuters) - A selloff in technology stocks, led by Facebook and Apple, drove down major Wall Street indexes on Monday. […]
• AIG to restructure into three new units, marking CEO's first big move September 25, 2017
  (Reuters) - American International Group Inc said on Monday it will reorganize into three new business units and will no longer have separate commercial and consumer units, marking the first significant move by new Chief Executive Brian Duperreault. […]
• Dudley sees Fed rate hikes; inflation weakness 'fading' September 25, 2017
  SYRACUSE, N.Y. (Reuters) - The Federal Reserve is on track to gradually raise interest rates given the recent inflation weakness is fading and the U.S. economy's fundamentals are sound, an influential Fed policymaker said on Monday, reinforcing the central bank's confident tone. […]
• Allergan boosts shares with $2 billion buyback September 25, 2017
  (Reuters) - U.S. drugmaker Allergan Plc on Monday authorized a $2 billion buyback of its common stock, sending its shares up after a week of grim news on its drug development pipeline. […]