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Boeing CEO McNerney says interest in 777X is high
(Reuters) - Boeing Co Chief Executive Officer Jim McNerney said on Wednesday that customer interest in the 777X wide-body airplane is "high and still growing," and that he expects to formally launch the aircraft program later this year.

Futures up ahead of Bernanke testimony
NEW YORK (Reuters) - Stock futures rose in thin trading on Wednesday, ahead of highly anticipated Congressional testimony by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy.

Europe closes in on tax havens; Austria agrees to swap bank data
BRUSSELS (Reuters) - Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors and the EU focused on negotiating a similar agreement with Switzerland.

Lowe's results miss estimates, underperforming Home Depot
(Reuters) - Lowe's Cos Inc reported a weaker-than-expected quarterly profit on Wednesday, hurt by colder-than-usual weather at the start of the spring selling season and strong competition from larger rival Home Depot Inc .

UK opposition party leader says Google tax behavior "wrong"
LONDON (Reuters) - Google Inc's tax affairs came under renewed scrutiny in Britain on Wednesday when the leader of the opposition Labour party accused the Internet company of wrongly going to "extraordinary lengths" to avoid paying tax.

Ukraine PM bars reporters from government meetings after protest
KIEV (Reuters) - Ukrainian Prime Minister Mykola Azarov ordered a dozen local reporters to be barred from covering government meetings after they staged a silent protest on Wednesday over physical attacks on journalists at a rally.

UK wine retailer First Quench in $242 million pension risk deal
LONDON (Reuters) - British alcoholic drinks retailer First Quench is insuring a chunk of its pension liabilities with specialist provider Pension Insurance Corporation, improving retirement benefits for its 1,966 members.

Futures tick higher ahead of Bernanke testimony
NEW YORK (Reuters) - Stock futures edged up in thin trading Wednesday, ahead of highly anticipated Congressional testimony by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy.

Target first-quarter profit down on weather-related sales weakness
(Reuters) - Target Corp posted a 0.6 percent decline in first-quarter sales at U.S. stores open at least a year on Wednesday after warning investors one month ago that its results would be disappointing as a chilly start to spring kept shoppers from buying seasonal items such as clothing.

Ireland feels the heat from Apple tax row
DUBLIN (Reuters) - Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink its tax bill.

Ireland feels the heat from Apple tax row
DUBLIN (Reuters) - Ireland called on Wednesday for an international clampdown on multinationals shifting profits around the world to avoid tax, after criticism that Irish loopholes helped technology giant Apple to shrink its tax bill.

U.S. government taps GlaxoSmithKline for new antibiotics
LONDON (Reuters) - The U.S. government has signed an antibiotics development deal worth up to $200 million with GlaxoSmithKline to tackle the dual threats of drug resistance and bioterrorism.

Lowe's net misses view, underperforms Home Depot again
(Reuters) - Lowe's Cos Inc reported a weaker-than-expected quarterly profit on Wednesday, hurt by colder-than-usual weather at the start of the spring selling season and strong competition from larger rival Home Depot Inc .

Too soon to dial back Fed stimulus: Dudley
(Reuters) - It is too soon to determine whether to dial down the Federal Reserve's massive bond-buying program, and the economic picture may not be clear enough to make that decision for another three or four months, an influential U.S. central bank official said.

BNY Mellon to add up to 100 positions at wealth management unit
(Reuters) - BNY Mellon Corp , the world's largest custody bank, said it would add up to 100 positions at its wealth management unit, expanding the sales force at the unit by 50 percent in the next two years.

Syria opposition calls for reinforcements in embattled Qusair
BEIRUT (Reuters) - Syria's leading opposition group called on Wednesday for rebels across the country to send reinforcements to the strategic border town Qusair, where heavy fighting has drawn in fighters from Lebanon's powerful Hezbollah movement.

Rescuers comb Oklahoma tornado rubble for buried survivors
MOORE, Oklahoma (Reuters) - Rescue workers with sniffer dogs and searchlights combed through the wreckage of a massive tornado to ensure no survivors remained buried in the rubble of primary schools, homes and buildings in an Oklahoma City suburb.

Iran, Hezbollah increasing support for Assad: Britain
AMMAN (Reuters) - British Foreign Secretary William Hague said on Wednesday Iran and its militant Shi'ite Lebanese ally Hezbollah were "propping up" Syrian President Bashar al-Assad and giving him increasing support.

Chicago school board to vote on mass school closing
CHICAGO (Reuters) - The Chicago Board of Education is due to vote on Wednesday on a controversial proposal to close 54 schools in the country's third-largest public school district in what would be the largest mass school closing in the nation.

Jodi Arias jury due to resume death penalty deliberations in Arizona
PHOENIX (Reuters) - A jury weighing the fate of murderer Jodi Arias is set to resume deliberations on Wednesday on whether she should be sentenced to death or spend her life in prison for the brutal slaying of her ex-boyfriend.