S&P 500 reaches three-week high as health stocks rally

- U.S. stocks ended stronger after a volatile session on Wednesday, led by a rebound in biotechnology companies that pushed the S&P 500 to its highest level in three weeks. | Video

Recent Business News

Fiat Chrysler, U.S. union UAW at table as strike looms

DETROIT - With a threatened strike hanging over them, negotiators from Fiat Chrysler Automobiles NV and the United Auto Workers union continued to meet on Wednesday afternoon, a Fiat Chrysler spokeswoman said.

3:34pm EDT

Data storage company Pure Storage falls in debut

- Shares of data storage company Pure Storage Inc fell in their debut on Wednesday, highlighting a tough market for IPOs. | Video

2:44pm EDT

Herbalife shares slump on Nu Skin, Ackman's 'new' information

BOSTON/NEW YORK - Shares in nutrition company Herbalife Ltd , which billionaire investor William Ackman has accused of being a fraud, fell 7.5 percent on Wednesday, feeling the pressure from rival cosmetics maker Nu Skin's cut to sales forecasts.

4:47pm EDT

FTC may delay decision on Staples-Office Depot deal: WSJ

- The U.S. Federal Trade Commission is likely to delay a decision on approving Staples Inc's $6.3 billion takeover of rival Office Depot Inc , the Wall Street Journal reported on Wednesday.

1:24pm EDT

Yum's China missteps amplify calls for spinoff, other change

LOS ANGELES - Yum Brands Inc's disappointing results from restaurants in China including KFC and Pizza Hut add pressure on Chief Executive Greg Creed to make swift changes to the business that is its main driver of sales and profit, analysts said on Wednesday. | Video

4:38pm EDT


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