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Bank stocks push Wall St. higher; healthcare vote in focus

U.S. stocks rose in early afternoon trading on Thursday as investors snapped up beaten-down bank stocks ahead of a vote on a healthcare bill that is seen as President Donald Trump's first policy test.

Recent Business News

Fed's Yellen does not comment on monetary policy

WASHINGTON Federal Reserve Chair Janet Yellen did not address monetary policy or the economic outlook in prepared remarks for a childhood education conference in Washington on Thursday.

8:46am EDT

Disney board extends CEO Iger's contract by a year

LOS ANGELES Walt Disney Co said on Thursday its board extended Chairman and Chief Executive Officer Bob Iger's term by a year to July 2, 2019 and said he would serve as a consultant to the media giant for three years after that.

12:33pm EDT

Trump Tantrum looms on Wall Street if healthcare effort stalls

NEW YORK The Trump Trade could start looking more like a Trump Tantrum if the new U.S. administration's healthcare bill stalls in Congress, prompting worries on Wall Street about tax cuts and other measures aimed at promoting economic growth.

6:16am EDT

J&J latest to suspend ads from YouTube over offensive videos

U.S. healthcare conglomerate Johnson & Johnson became the latest company to suspend all digital advertising on Google's YouTube, over concerns that its ads may have appeared on channels that broadcast offensive videos. | Video

12:07pm EDT

Higher investments, sales drop to weigh on Ford first-quarter earnings

DETROIT Ford Motor Co said on Thursday it expects lower earnings per share in the first quarter and lower pretax profit in 2017 due to higher spending on commodities, warranties and investments and a drop in sales volumes especially fleet sales.

11:25am EDT

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