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Wall Street flat; Fed officials in focus

U.S. stocks were little changed on Wednesday as investors awaited comments from a host of Federal Reserve officials for clues on the number of interest rate hikes this year.

Recent Business News

Ford says it will spend $295 million on two new recalls

WASHINGTON Ford Motor Co , the second largest U.S. automaker, on Wednesday announced two new recalls affecting 440,000 vehicles and expects to spend about $295 million to fix the issues.

10:29am EDT

Brexit's cliff edge: 'business as usual' not an option

GENEVA Failure to strike a trade deal with the European Union by a two-year deadline would force Britain to adopt World Trade Organization arrangements, bringing with it a host of new negotiations and complications.

10:12am EDT

EU vetos Deutsche Boerse-London Stock Exchange merger deal

BRUSSELS An attempted merger between the German and British stock exchanges was struck down by European regulators on Wednesday, formally ending a deal that unraveled in the wake of Britain's vote to leave the European Union.

7:59am EDT

Fed's Evans says he supports one or two more rate hikes this year

FRANKFURT One of the Federal Reserve's most consistent supporters of low interest rates on Wednesday said he is with the majority of his colleagues in supporting further rate hikes this year, given progress on the U.S. central bank's goals of full employment and stable inflation.

9:23am EDT

Other Akzo shareholders also want talks with PPG: Elliott Advisors

AMSTERDAM Elliott Advisors, the activist investor with a 3.25 percent stake in Akzo Nobel , said on Wednesday other shareholders owning almost a quarter of the Dutch paints and chemicals group want it to enter into talks with spurned U.S. suitor PPG Industries .

5:45am EDT

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