Reuters - The Hollywood studios will take a revenue hit when US Airways does away with in-flight movies, but executives don't expect other airlines to follow suit.

Reuters - Wachovia Corp , the fourth-largest U.S. bank, named senior Treasury Department official Robert Steel chief executive, and said mortgage and legal problems would result in a $2.6 billion to $2.8 billion second-quarter loss, much larger than many analysts expected.

Reuters - Defense Secretary Robert Gates on Wednesday reopened a bitter $35 billion aerial tanker contest after the selection process that picked Northrop Grumman Corp and EADS over Boeing Co was found to be flawed.

Reuters - A flurry of visits by Chinese leaders to cities hit by sluggish exports and a reported tax rebate for textile exporters are being interpreted by the market as signals that Beijing might cautiously ease tight economic policies.

Reuters - Stocks fell on Wednesday as rising oil prices renewed concerns about the impact of higher energy costs on consumer spending, while a sharp drop in Cisco Systems Inc shares sent the Nasdaq nearly 1 percent lower.

Reuters - Electronics retailer Best Buy Co is looking to new product categories and business models to help it double annual sales to $80 billion over the next five years, executives said on Wednesday.

Reuters - Brewer Anheuser-Busch Cos Inc on Wednesday urged its shareholders to withhold consent to InBev NV , which is trying to replace Anheuser's board of directors with its own slate, and to revoke any consent already given.

Reuters - Northwest Airlines Corp said on Wednesday it would cut its frontline and management staff by 8 percent as part of a sweeping capacity reduction aimed at offsetting the soaring cost of jet fuel.

Reuters - Defense Secretary Robert Gates said on Wednesday he planned to reopen a $35 billion competition between Boeing Co and a team of Northrop Grumman Corp and Europe's EADS to build new aerial refueling tankers.

Reuters - Federal Reserve Chairman Ben Bernanke said on Tuesday the U.S. central bank might keep open a lifeline to financial firms, while the latest data showed distress in the housing and retail sectors continues.