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Wall St. opens higher; healthcare bill vote awaited

U.S. stocks opened higher on Friday, helped by higher oil prices and ahead of a closely watched vote on a healthcare bill seen as a test of President Donald Trump's ability to pass his legislative agenda through Congress.

Recent Business News

PPG to make case for Akzo acquisition to Dutch government officials

AMSTERDAM The chief executive of U.S. paint maker PPG meets Dutch government officials on Friday to make the case for its proposed 22.7 billion euro ($24.5 billion) takeover of Dutch peer AkzoNobel .

6:24am EDT

Toshiba decides on Westinghouse bankruptcy, sees $9 billion in charges: sources

TOKYO Japan's Toshiba Corp has informed its main lenders it is planning for U.S. nuclear unit Westinghouse Electric Co LLC to file for bankruptcy on March 31, people briefed on the matter said on Friday.

How a border tax could divide Boeing and its suppliers

SEATTLE A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts.

Blackstone sells stake in SeaWorld to China's Zhonghong Zhuoye

China-based Zhonghong Zhuoye Group Co Ltd will buy Blackstone Group LP's 21 percent stake in SeaWorld Entertainment Inc , the embattled U.S.-based marine park operator said on Friday.

Deals, China 9:29am EDT

EIB asks French diesel inquiry to probe Renault's use of loans

PARIS The European Investment Bank has asked French investigators to find out whether 800 million euros ($863 million) of EU-backed loans to Renault could have been used to develop test-cheating diesel engines, according to documents seen by Reuters.

9:39am EDT

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