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Wall St. opens little changed after GDP data

Wall Street opened little changed on Thursday as the upwardly revised fourth-quarter GDP growth rate underscored strength in the domestic economy.

Recent Business News

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

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

German lawmaker warns U.S. exchanges against Deutsche Boerse bids

LONDON U.S. stock exchanges should not attempt to buy Deutsche Boerse , the German exchange whose bid to merge with its London counterpart has just collapsed, a senior German politician said on Thursday.

7:33am EDT

After sale to Intel, Mobileye's founder raises sights on IPO for OrCam

JERUSALEM With the ink barely dry on the $15 billion sale of his autonomous driving technology firm Mobileye to Intel , inventive Israeli entrepreneur Amnon Shashua now has his sights set on taking another start-up public by the end of next year.

Tech, Deals 9:30am EDT

Batteries included as Hyundai amps up electric car ambitions

YONGIN, South Korea South Korea's Hyundai Motor Co is developing its first dedicated architecture for electric vehicles, an executive told Reuters, seeking to catch up with the likes of Tesla in the growing segment with multiple, long-range models.

Tech, South Korea 8:48am EDT

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