Business

(Reuters) – A rise in technology stocks and strong earnings from Oreo cookie maker Mondelez buoyed the S&P and the Nasdaq on Tuesday, while a decline in Pfizer weighed on the Dow. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 16, 2017. REUTERS/Brendan McDermid/File
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(Reuters) – Wall Street pulled back from record-high territory on Monday, weighed down by a drop in Merck shares and a report that U.S. lawmakers are discussing a gradual phase-in of much-anticipated corporate tax cuts. Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New
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AMSTERDAM/FRANKFURT (Reuters) – Dutch paints maker Akzo Nobel, seeking to recover after rejecting a takeover offer and issuing two profit warnings, is discussing a merger with smaller U.S. rival Axalta Coating Systems Ltd to create a $30 billion company. FILE PHOTO: General view of the outside of AkzoNobel’s new paint factory in Ashington, Britain September
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(Reuters) – General Electric Co (GE.N) executives did not tell the multinational conglomerate’s board until October about a spare business jet that routinely flew for its now-retired chief executive, the Wall Street Journal reported on Sunday, citing people familiar with the matter. FILE PHOTO – General Electric Co Chief Executive Jeff Immelt speaks at a
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WASHINGTON (Reuters) – The U.S. National Highway Traffic-Safety Administration said Friday it is looking for input on how it can remove regulatory roadblocks to self-driving cars. FILE PHOTO -The rear of a Lexus SUV equipped with Google self-driving sensors is seen during a media preview of Google’s prototype autonomous vehicles in Mountain View, California September
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