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

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

Recent Business News

Trump says U.S. will renegotiate trade pact with Canada, Mexico

WASHINGTON President Donald Trump said on Thursday he was ready to kill the 23-year-old trade agreement with Canada and Mexico but agreed to renegotiate it after pleas from their leaders, expressing optimism about extracting better terms for the United States. | Video

Manufacturers, Wall Street getting Trump's ear in first 100 days

WASHINGTON Manufacturers and Wall Street have led the quest for business access to President Donald Trump in his first 100 days in office, with media companies and Silicon Valley seldom entering the presidential bubble, a Reuters review found.

Politics, Election 2016 1:25pm EDT

Congress takes steps to push budget deadline, avert shutdown

WASHINGTON The U.S. Congress took steps to extend until May 5 the deadline for reaching a deal on federal spending through September and head off a feared government shutdown at midnight on Friday.

Politics, Election 2016 1:07pm EDT

Utilities say Westinghouse loan puts their reactor construction at risk

WILMINGTON, Del The owners of one of the first new U.S. nuclear power plants in decades said the half-finished reactors might not be completed without changes to a proposed $800 million loan to the bankrupt builder, Westinghouse Electric Co LLC.

Exclusive: Tesla's Klaus Grohmann ousted after clash with CEO Musk - sources

FRANKFURT Tesla executive Klaus Grohmann was ousted last month after a clash with Chief Executive Elon Musk over the strategy of Grohmann's firm, which Tesla had acquired in November, a source familiar with the matter told Reuters.

1:21pm EDT

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