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Wall Street flat at record highs, valuations seen reasonable

NEW YORK - U.S. stocks were flat on Wednesday as investors found few reasons to extend a rally that has taken indexes to repeated records, even though market valuations were not seen as unduly stretched.

Recent Business News

Suzuki recalls sedans in U.S. as spider webs block gas vents

DETROIT - Spiders drawn to gasoline vapors and weaving webs that block a hose to vent those vapors have caused Suzuki Motor of America to recall about 19,000 Kizashi mid-size sedans from model years 2010 to 2013, U.S. regulators said on Wednesday.

9:37am EDT

Moscow courts back closure of three McDonald's branches

MOSCOW - Russian courts on Wednesday backed the temporary closure of three McDonald's restaurants in Moscow for breaches of sanitary rules, amid a standoff with the West over Ukraine, while the state food safety watchdog suspended work at a fourth.

12:30pm EDT

Uber eyes aggressive expansion in Germany despite bans

FRANKFURT - U.S. car service Uber is planning an aggressive expansion in Germany despite a backlash from cities like Berlin and Hamburg, which have questioned its right to operate in highly regulated markets dominated by traditional taxis.

11:39am EDT

After disasters, stricken Malaysia Airlines staff brace for job cuts

KUALA LUMPUR - As bodies from downed Flight MH17 were brought home last week, a group of Malaysia Airlines flight attendants, in black mourning headscarves contrasting with their pink and turquoise uniforms, sobbed and clung to each other in grief.

12:49am EDT

Japan Abe aide Hamada: Could do next sales tax hike in stages

TOKYO - Japan could soften the impact of a planned sales tax increase by raising it in stages rather than IN a single hike, an outside adviser to Prime Minister Shinzo Abe said on Wednesday.

4:58am EDT

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