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Wall St. higher as bank stocks gain after GDP data

U.S. stocks were higher in morning trading on Thursday as bank stocks gained after data showed that the domestic economy grew at a faster pace in the fourth-quarter than previously estimated.

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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

McDonald's Quarter Pounders to be made with fresh beef

Fast food giant McDonald's Corp said on Thursday it would make its Quarter Pounder burgers with fresh beef, prepared when ordered, by mid-2018 in most of its restaurants.

11:10am 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

Lululemon shares tumble after disappointing sales forecast

TORONTO Shares of Lululemon Athletica Inc sank to their lowest in more than a year on Thursday, after the Canadian yogawear apparel maker warned that first-quarter sales would fall. | Video

11:26am EDT

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