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Wall Street up for third day, led by energy shares

NEW YORK - U.S. stocks extended gains for a third session on Friday, giving the S&P 500 its best weekly performance in nearly two months as energy shares continued to rebound. | Video

Recent Business News

Former Chrysler Group expands Takata driver-side air bag recall globally

DETROIT - FCA US , the former Chrysler Group, on Friday expanded a U.S. regional recall of older cars with potentially defective driver-side Takata air bags to a global action, affecting more than 3.3 million vehicles.

6:22pm EST

Oil, stocks go their separate ways

NEW YORK - Investors have wrung their hands over the last several weeks over the effect of lower oil prices on the broader S&P 500, but the relationship between the two is actually starting to break down.

7:34pm EST

EU widens trade row with new Boeing subsidy claim

GENEVA - The European Union opened a new front in a decade-old dispute over aircraft subsidies on Friday, launching a complaint at the World Trade Organization alleging illegal tax breaks in Boeing's home state of Washington.

4:24pm EST

Russia's parliament rushes through bill boosting banking capital

MOSCOW - Russia's lower house of parliament hastily approved a draft law on Friday that would give the banking sector a capital boost of up to 1 trillion rubles ($16.5 billion).

10:09am EST

U.S. labor agency files complaints against McDonald's

- McDonald's Corp and some of its franchisees were named jointly in complaints filed on Friday by the U.S. National Labor Relations Board's Office of the General Counsel, accusing them of labor violations in a widely anticipated move that could have wide-reaching implications for businesses.

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