Tango

Eric Schmidt denies ‘cooking’ search results

Google Inc. Chairman Eric Schmidt on Wednesday denied that his company “cooked” its search results to send Internet users to its own growing stable of online services.

Schmidt defended his company’s search rankings and other business practices at a Senate hearing Wednesday examining complaints from competitors that the Internet search giant is…

Long-term Treasury bond yields dive on new Fed plan

Long-term Treasury bond yields are plummeting Wednesday after the Federal Reserve confirmed it would shift more of its mammoth Treasury portfolio toward longer-term securities. Although the Fed’s decision, announced in its post-meeting statement, had been expected, the volume of purchases…