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Wall St. trims gains as investors look for fresh catalysts

U.S. stocks pared gains in early afternoon trading on Thursday as investors sought fresh triggers in the run up to the first-quarter earnings.

Recent Business News

Unions threaten to scupper Linde-Praxair merger

FRANKFURT/MUNICH Linde labor representatives will vote against the German industrial gases group's planned $65 billion merger with U.S. rival Praxair , the head of the German works council told Reuters on Thursday, in a move that could scupper the deal.

10:44am EDT

Saudi Aramco formally appoints banks to advise on share sale

LONDON Saudi Aramco has formally appointed JPMorgan Chase & Co , Morgan Stanley and HSBC as international financial advisers for its initial public offering, sources familiar with the matter told Reuters.

7:07am EDT

Investors bet on a quiet tech revolution in Europe

LONDON It's not banking or mining shares, but rather technology stocks, that have come up trumps in Europe this year and are poised to end the first quarter as the best-performing sector.

11:46am EDT

Ford hires 400 engineers, mostly in Canada, as cars go high tech

SAN FRANCISCO Ford Motor Co said on Thursday it was hiring 400 engineers, mostly in Canada, to work on connectivity software and hardware, part of a wider push to meet demand for more connected cars.

9:42am EDT

Viacom looks to rival major U.S. cable channels with Paramount Network

When Viacom Inc’s Spike TV rebrands as the Paramount Network in early 2018, the struggling media company hopes to position itself as a challenger to top-rated U.S. cable networks like Comcast Corp’s USA and Time Warner Inc’s TNT with shows that have the caliber of HBO.

1:33pm EDT

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