business news May 9, 10:41 pm (ET)
Fed Gives No Signal of Rate Shift [external]
The Fed acknowledged that the economy was slowing, but offered little hint that it was ready to lower interest rates.
The Real Owner of All Those Planes [external]
Steven Udvar-Hazy is a pioneer in airplane leasing, owning more airplanes than any airline in the world.
HBO Chief Executive Resigns After His Arrest [external]
Chris Albrecht resigned at Time Warner’s request, after he was arrested and charged with assaulting a girlfriend.
Toyota Profit Robust, Forecast Cautious [external]
The automaker posted a record profit for the fiscal year but warned of a slumping market in North America.