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Wall St. opens little changed as oil edges up

U.S. stocks opened little changed on Thursday as oil prices remained near multi-month lows, undermining efforts by major producers to stabilize the market.

Recent Business News

Tesla reaches agreement with Shanghai to explore production: Bloomberg

Tesla's revenue from China more than tripled to over $1 billion last year, according to its annual report.

6:30am EDT

Boeing wins hot Paris order race

PARIS Boeing won a red hot race for new business at the Paris Airshow, rolling out a new model of its best-selling 737 airliner that helped it claim back the order crown from rival Airbus

9:47am EDT

Brent crude oil bounces back above $45, but excess weighs

LONDON Oil edged up from multi-month lows on Thursday, but prices remained under pressure from a supply glut that has persisted despite OPEC-led efforts to balance the market.

10:23am EDT

Home Capital to get C$2 billion loan from Berkshire Hathaway

Home Capital Group Inc said billionaire Warren Buffett's Berkshire Hathaway Inc will provide a new C$2 billion ($1.50 billion) line of credit to its unit Home Trust Co, ending the Canadian lender's strategic review process.

10:02am EDT

Mylan shareholders re-elect board, vote against executive pay

AMSTERDAM Mylan NV shareholders re-elected the generic drugmaker's board at its annual meeting on Thursday, despite a shareholder campaign to vote down most of the directors in the wake of a scandal related to its high prices for emergency allergy treatment EpiPen.

9:58am EDT

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