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Wall Street ends up; defense, tech stocks a boost

NEW YORK U.S. stocks rose on Monday, boosted by technology shares and by defense companies, which gained after the United States and Saudi Arabia signed a multi-billion dollar arms deal. | Video

Recent Business News

Shareholders go to court seeking to oust Akzo chairman

AMSTERDAM Akzo Nobel shareholders angered by the Dulux paint maker's rejection of a 26.3 billion euro ($29.5 billion) takeover proposal from U.S. rival PPG Industries took their fight to an Amsterdam court on Monday. | Video

1:11pm EDT

China slaps import duties on sugar; experts question impact

BEIJING China said on Monday it will impose hefty penalties on sugar imports after lobbying by domestic mills, but experts said the ruling may not go far enough to stem the flow of lower-priced sweetener into the world's top importer.

7:34am EDT

German government at odds with itself over Greek debt relief

BERLIN Germany's coalition government split along party lines on Monday over the question of debt relief for Greece ahead of a crunch meeting in Brussels to tackle the thorny issue.

Greece, Germany 10:10am EDT

Supreme Court rejects challenge to state retroactive tax changes

WASHINGTON The U.S. Supreme Court on Monday declined to hear a challenge by several major corporations to a Michigan law that retroactively changed the way businesses are taxed in the state, leading to $1 billion extra for government coffers.

10:00am EDT

GE faces EU probe related to LM Wind Power deal

General Electric Co said on Monday that the European Union's competition watchdog is investigating whether the industrial conglomerate provided misleading information during a merger review.

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