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Wall Street set to open higher on Apple results; Fed awaited

Wall Street was set to open higher on Wednesday, bolstered by strong results from Apple, and ahead of the Federal Reserve's decision on interest rate hikes.

Recent Business News

Fiat Chrysler raises 2016 forecast despite recall profit hit

MILAN/DETROIT Fiat Chrysler Automobiles' (FCA) second-quarter operating profit fell 14 percent after charges related to recall costs and capacity shifts in North America, but the automaker raised its revenue and earnings forecast for the year.

8:41am EDT

Tepid U.S. core capital goods orders point to weak business spending

WASHINGTON New orders for U.S. manufactured capital goods rose less than expected in June amid weak demand for machinery and a range of other goods, suggesting that business spending will remain subdued for a while.

9:24am EDT

Twitter's video push seen unlikely to fast-forward revenue growth

Video may have killed the radio star, but it could offer a lifeline to Twitter Inc .

Tech, Twitter 8:32am EDT

GlaxoSmithKline invests $360 million in UK despite Brexit

LONDON GlaxoSmithKline plans 275 million pounds ($361 million) of new investments at three drug manufacturing sites in Britain, signaling its confidence in the country despite last month's vote to leave the European Union.

9:21am EDT

Nintendo posts first-quarter loss, delays launch of accessory for Pokemon GO

TOKYO Japan's Nintendo Co Ltd booked a quarterly operating loss on a sharply stronger yen and delayed the launch of an accessory for Pokemon GO, but hopes for long-term growth are running high on the mobile game's success.

Japan, Tech 5:59am EDT

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