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Business Yahoo
Consumer spending, income top expectations
(Reuters)
 Reuters - U.S. consumer spending and income rose
more than expected in March, while an influential measure of
inflation -- the core price index -- topped economists'
expectations, the government reported on Monday.
Fed very close to ending rate hike campaign-Guynn
(Reuters)
 Reuters - The Federal Reserve has
virtually completed its long campaign of raising interest rates
but should be ready to tighten again if inflation climbs
higher, one of its top policy-makers said on Monday.
US stocks fall as interest rate worries resurface
(Reuters)
Reuters - U.S. stocks fell on Monday, hurt by
worries that the Federal Reserve could raise interest rates
longer than expected, weighing on financial shares like Dow
component American Express Co. .
Boeing to buy parts supplier Aviall for $1.7 bln
(Reuters)
 Reuters - Boeing Co. said on Monday it
agreed to buy aerospace parts supplier Aviall Inc. for
$1.7 billion, as the planemaker looks to expand its services
operations in the wake of a boom in new plane orders.
Comverse CEO, two others resign amid options probe
(Reuters)
Reuters - Comverse Technology Inc.'s CEO
and two other top executives resigned on Monday, about six
weeks after the software maker said it was reviewing its stock
options grants, the latest executives to be felled by greater
scrutiny over the timing of options grants.
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