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Tech earnings power Nasdaq to record high; S&P, Dow flat

The Nasdaq hit a record intraday high on Thursday, powered by a string of strong earnings from technology companies, while the S&P 500 and the Dow were little changed.

Recent Business News

Trump says 'will renegotiate' NAFTA deal with Canada, Mexico

WASHINGTON President Donald Trump expressed optimism on Thursday the United States, Canada and Mexico can successfully renegotiate a trade accord he deems unfair to American interests but vowed to scrap the 23-year-old pact if a "fair deal for all" cannot be reached. | Video

Congress takes steps to push budget deadline, avert shutdown

WASHINGTON The U.S. Congress began moving to extend Friday's budget deadline until May 5 and was expected to pass legislation allowing more time to finalize a spending deal to fund the federal government through September and avoid a shutdown.

Politics, Election 2016 11:36am EDT

Dow Chemical eyes consumer markets as it readies for DuPont merger

Dow Chemical Co forecast better-than-expected revenue for the current quarter and said it would expand four key consumer businesses, which will be part of a new firm created after its proposed merger with DuPont .

10:38am EDT

UPS 1st-qtr profit tops estimates as revenue rises

United Parcel Service Inc reported a higher-than-expected quarterly net profit on Thursday as revenue grew across its domestic and international package delivery segments and as well as freight and supply chain operations.

10:39am EDT

Atlantia taps pool of banks to finance Abertis' takeover bid: sources

LONDON Italian toll-road operator Atlantia has tapped banks to finance an upcoming cash-and-share bid for Spanish rival Abertis , sources told Reuters, as it seeks to create an industry giant with a market value of more than 35 billion euros ($38 billion).

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