Wall St. hits record after data; Jackson Hole ahead

NEW YORK - U.S. stocks inched higher on Thursday and the S&P notched a record high as a flurry of data pointed to steady improvement in the economy and investors awaited the start of a meeting of top central bankers and economists in Jackson Hole, Wyoming.

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U.S. judge calls Argentina debt row hearing amid contempt calls

NEW YORK - The U.S. judge who barred Argentina from servicing its debt until it settled with investors demanding full payment on their bonds scheduled a new hearing on Thursday, after the country unveiled plans to sidestep his ruling that led it to default for the second time in a dozen years.

11:25am EDT

Honda to modify Fit to boost test score, calls back 12,000 cars

DETROIT - The first 12,000 U.S. customers who bought the 2015 Honda Fit subcompact cars will be asked to have the vehicles retrofitted to attain top marks from the Insurance Institute for Highway Safety, Honda Motor Co and the IIHS said Thursday.

10:08am EDT

Exclusive: France forced to import wheat as rain hits crop quality

PARIS - France's rain-hit wheat crop has delivered the first shock of the 2014/15 season: the EU's top grower and exporter is buying Lithuanian and British milling wheat to mix with its unusually poor-grade crop to meet contracts signed before the harvest.

10:58am EDT

U.S. factory activity expands at fastest pace in over four years in Aug: Markit

NEW YORK, Aug 21 - - The U.S. manufacturing sector expanded in August, with the rate of growth exceeding expectations and moving at the fastest pace in more than four years, an industry report showed on Thursday.

9:48am EDT

Pfizer back for AstraZeneca? Year-end move seen most likely

LONDON - Shares in drugmaker AstraZeneca have climbed more than 7 percent this week, fueled by speculation of renewed takeover interest from Pfizer, following an abortive $118 billion (71 billion pounds) takeover attempt in May.

9:19am EDT


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