With the Fed Chairman appearing again in Washington, markets are set for a steady open Wednesday morning.
Sequestration means defense spending may be reduced by some $46 billion a year. Wall Street seems to be betting that many of the cuts won't materialize. The gains come as stocks rebound from Monday's slump.
Despite concerns, a federal law passed last year has paved the way for commercial use of unmanned aerial vehicles and made it easier for government agencies to obtain them.
There's no danger of 2012 DA14 hitting Earth but satellite companies will be keeping a watchful eye on it.
AB InBev is upgraded to 'buy,' and Colgate-Palmolive is initiated with a 'sell.'
Industry-focused regulations are a bigger driver of IT spending than executive orders.
Automatic spending cuts known as sequestration will hit March 1 unless Congress and the White House can agree on a new spending plan. Markets are betting the cuts won't take place -- and could be rattled if they do.
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