LONDON (Reuters) - The Bank of England bucked the trend of its recent forecasts on Wednesday by modestly upgrading its growth outlook and pencilling in a faster fall in inflation. In its quarterly economic update, the central bank gave no sign that it was on the verge doing more stimulus, describing policy as "highly stimulatory", but not... [Full Article]
DALLAS (Reuters) - A solar airplane that developers hope to eventually pilot around the globe landed safely on Thursday in Texas, completing the second and longest leg of an attempt to fly across the United States powered only by the sun. The spindly experimental aircraft, dubbed Solar Impulse, touched down at Dallas/Forth Worth International Airpo... [Full Article]
NEW YORK (Reuters) - U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital Advisors, the Wall Street Journal reported on Thursday. The U.S. Attorney's office for the Southern District of New York issued subpoenas to SAC's president, chief compliance officer and head of trading, accor... [Full Article]