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    US STOCKS SNAPSHOT-Wall St advances as Fed seen taking moderate approach to inflation
    Posted on Wednesday May 23, 2018

    NEW YORK, May 23 (Reuters) - U.S. stocks ended with small gains on Wednesday after minutes from the Federal Reserve's latest meeting suggested higher inflation may not result in faster interest rate hikes.

    UPDATE 6-Ackman takes stake in Lowe's, stock price surges
    Posted on Wednesday May 23, 2018

    May 23 (Reuters) - Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe's, boosting the U.S. home improvement retailer's stock by 10.4 percent.

    WRAPUP 2-China signals to state giants: 'Buy American' oil and grains
    Posted on Wednesday May 23, 2018

    SINGAPORE/BEIJING, May 23 (Reuters) - China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signalled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday.

    UPDATE 9-Turkish central bank raises rates sharply to prop up lira
    Posted on Wednesday May 23, 2018

    ISTANBUL, May 23 (Reuters) - Turkey's central bank raised interest rates by 300 basis points on Wednesday in an emergency move to put a floor under the plunging lira currency and calm investors unnerved by interventions from President Tayyip Erdogan.

    UPDATE 8-Oil falls on shock U.S. stock builds, OPEC supply worries
    Posted on Wednesday May 23, 2018

    * U.S. net crude imports jump as exports fall from record high

    Hedge fund Jana Partners has no shares in Casey's Stores -spokesman
    Posted on Wednesday May 23, 2018

    BOSTON, May 23 (Reuters) - Jana Partners said on Wednesday that it does not own a single share of Caseys General Stores Inc., helping cut gains amassed on speculation that the hedge fund had started to build a stake.

    Canada approves broad reforms to freight rail, airlines
    Posted on Wednesday May 23, 2018

    MONTREAL/WINNIPEG, Manitoba, May 23 (Reuters) - Canada on Wednesday approved broad air and freight reforms that will spell out passengers' rights on planes, mandate the use of voice and video recorders in rail locomotives, while providing more options for shippers with limited transportation choices.

    Massachusetts, Rhode Island award major offshore wind contracts
    Posted on Wednesday May 23, 2018

    May 23 (Reuters) - Massachusetts on Wednesday selected a partnership between Avangrid Inc and Copenhagen Infrastructure Partners to develop what will be the largest U.S. offshore wind farm off the coast of Martha's Vineyard.

    UPDATE 1-Norway's wealth fund voted against Shell climate target motion
    Posted on Wednesday May 23, 2018

    OSLO, May 23 (Reuters) - Norway's $1 trillion wealth fund voted against a motion at Shell's annual meeting urging the energy giant to set climate targets, despite a push the fund is making for more firms to do so.

    UPDATE 3-GE cannot guarantee dividend, still fixing some units, CEO says
    Posted on Wednesday May 23, 2018

    NEW YORK, May 23 (Reuters) - General Electric Co cannot guarantee its 2019 dividend and is still fixing its power and capital units, Chief Executive John Flannery said on Wednesday, sending the industrial conglomerate's stock down nearly 8 percent.



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